Scholastic second quarter revenues up 7%

Scholastic Corporation said it increased revenues 7% to $665.6m (£426m) during the fiscal 2015 second quarter, which ended on the 30th November. The increase was largely down to strong sales in children’s books but there were gains in most divisions, including trade, clubs, fairs and classroom books and magazines. International sales were down 2% to $132.8m (£85m) because of unfavourable foreign exchange rates but most markets had growth in local currency terms. Continue reading at 'The Bookseller'

[ The Bookseller | 2014-12-19 00:00:00 UTC ]
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Scholastic Aims to Improve Profits

Scholastic has started Scholastic 2020, a companywide initiative to reduce operating costs and expand revenue opportunities. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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7 Reasons Why Henry David Thoreau Still Matters Today

Laura Dassow Walls, author of the definitive biography 'Henry David Thoreau: A Life,' on why Thoreau still matters today. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-21 00:00:00 UTC ]
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Scholastic Results Rose in Fiscal 2017

Revenue at the publisher rose 4% in fiscal 2017 over the previous year, and operating income increased 17%. In announcing its latest financial results, the company also unveiled a program called Scholastic 2020, which aims to drive long term improvement in operating income. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-20 00:00:00 UTC ]
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Dave Eggers strikes new deal with Scholastic

Scholastic is publishing a middle-grade novel about "a warren of kid-sized tunnels under a town". Continue reading at The Bookseller

[ The Bookseller | 2017-07-14 00:00:00 UTC ]
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Scholastic sells Woods' debut to 10 territories

Scholastic UK has bought two books from Australian writer Matilda Woods and has sold her debut to 10 territories. Continue reading at The Bookseller

[ The Bookseller | 2017-06-30 00:00:00 UTC ]
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Favorites Drive 7% Gain in Units

At outlets that report to NPD BookScan, unit sales of print books were 7% higher in the week ended June 25, 2017, than in the similar week in 2016, with three of the four major categories posting solid gains. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-30 00:00:00 UTC ]
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B&N Eyes Revenue Growth

While the bookseller was able to improve its bottom line through cost savings, executives know they need to find ways to fix stalled sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-23 00:00:00 UTC ]
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Germany's Publishing Revenue Rises 1% in 2016

A new report issued this week by the trade association representing German publishers and booksellers revealed that book revenue was up 1% in Germany last year, hitting €9.28 billion ($10.41 billion). The largest segment seeing gains was children's books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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AAP's First Report on 2016 Shows Sales, Revenue Down

The industry sales report for 2016 found that total revenue for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total revenue last year was $14.25 billion, down from $15.26 billion in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-15 00:00:00 UTC ]
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BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down

Toronto-based Kobo and Seattle's Amazon are neck-and-neck in Canadian publishers' use of ebook retailers, BookNet Canada finds, in a new 2016 survey. The post BookNet Canada: Digital Revenue Up in 2016, Ebook Sales Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-06-07 00:00:00 UTC ]
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Bookstore News: June 7, 2017

The new indie coming to Washington state; a Toronto store gets erotic; a Swedish chain changes hands; the best fictional bookstores; Seattle's secret bookshop; and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-07 00:00:00 UTC ]
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Indigo Reports Record Revenue in Fiscal 2017

Driven by sales of general merchandise and 'Harry Potter and the Cursed Child,' the Canadian bookstore chain reported record revenue growth for fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-31 00:00:00 UTC ]
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‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues

Facebook has enhanced its SDK so publishers can design once and post articles across IA, Google AMP and Apple News, but this doesn't address publishers' main concerns of driving revenue. The post ‘It doesn’t negate the negatives:’ Facebook’s Instant Articles update ignores revenue issues... Continue reading at Digiday

[ Digiday | 2017-05-30 00:00:00 UTC ]
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Children's drives revenue growth for Bloomsbury

Bloomsbury grew revenues by 15% to £142.6m in the 12 months to the end of Feburary 2017, in what chief executive Nigel Newton has branded  "a very strong year" for the company. Continue reading at The Bookseller

[ The Bookseller | 2017-05-19 00:00:00 UTC ]
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Publishers are using Facebook video to drive commerce revenue

Facebook’s embrace of video hasn’t done much good for publishers' balance sheets, so some have looked to make it a commerce driver. The post Publishers are using Facebook video to drive commerce revenue appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-15 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, May 7, 2017

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, and more for the week ended May 7, 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-12 00:00:00 UTC ]
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Tough Higher Ed market hits Cengage revenues

Cengage’s adjusted revenues stood at $1.5bn for the fiscal year 2017, down 10% from the prior year, the company has told investors, ahead of posting its annual report later this month. Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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Bertelsmann reports 7% rise in group profit

Bertelsmann, which has a 53% stake in Penguin Random House, has reported 7% rise in group profit in its first quarter to almost €200m.  Continue reading at The Bookseller

[ The Bookseller | 2017-05-12 00:00:00 UTC ]
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S&S sees 11% rise in first quarter

Simon & Schuster saw worldwide revenue growth of 11% in the first quarter of 2017, up to $161m (from $145m for the same prior-year period). Continue reading at The Bookseller

[ The Bookseller | 2017-05-06 00:00:00 UTC ]
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Amazon profits up 40% in first quarter

Amazon has reported its eighth profitable quarter, with profit up 40%, to $724m (£560.8m) in the first three months of the year. Continue reading at The Bookseller

[ The Bookseller | 2017-04-29 00:00:00 UTC ]
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