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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Facebook's rise as news source hits publishers' revenues

Reuters Institute for the Study of Journalism report also finds importance of TV news is waning among young peoplePeople are increasingly heading to social media such as Facebook for news, making it more difficult for publishers to attract and make money from readers, according to an influential... Continue reading at The Guardian

[ The Guardian | 2016-06-15 00:00:00 UTC ]
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Ebook Sales in Germany Up, Revenue Down

Have ebook sales plateaued in Germany? The latest Ebook Quarterly Report from the German Publishers and Booksellers Association indicates lower revenue despite growth in sales volume. The post Ebook Sales in Germany Up, Revenue Down appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-06-06 00:00:00 UTC ]
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An Untapped Well for Alternative Revenue

[Sponsored] Folio: and Wright's Media team up for a survey about publishers' willingness to embrace brand licensing as a revenue stream. The post An Untapped Well for Alternative Revenue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2016-06-03 00:00:00 UTC ]
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Publishers’ Facebook videos are shared 7 times more than links

Publishers are addicted to the video format on Facebook, and it's easy to see why: they get much higher engagement on video posts than they do on article links, according to an analysis of NewsWhip data. The problem is that publishers have less ability to monetize the video they post to... Continue reading at Digiday

[ Digiday | 2016-05-31 00:00:00 UTC ]
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Accent Press to open bookshop in Cardiff’s creative quarter

Independent publisher Accent Press is to open Octavo’s, a new bookshop, café and wine bar in the heart of Cardiff Bay’s creative quarter. Continue reading at The Bookseller

[ The Bookseller | 2016-05-31 00:00:00 UTC ]
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Can Libro.fm Turn Digital Audiobooks into a Revenue Stream for Indies?

The Seattle start-up, which just launched its platform, wants to be the go-to digital audiobook site for indies. Even with the support of the Big Five, it's still not clear how much of a difference it will make for its 85 partner bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-05-20 00:00:00 UTC ]
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Hachette UK first quarter sales down 5.2%

Hachette UK sales were down by 5.2% in the first quarter, due to lower ebook sales. Continue reading at The Bookseller

[ The Bookseller | 2016-05-13 00:00:00 UTC ]
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Bertelsmann sees profit surge in first quarter

Bertelsmann has reported a year-on-year rise in group revenues in its first quarter to €3.95bn (2015: €3.92bn), with organic growth at 2.7% with operating EBITDA up 8% to €500m (2015: €463m) and group profit up by nearly 30% to €185m (2015: €143m).  Continue reading at The Bookseller

[ The Bookseller | 2016-05-12 00:00:00 UTC ]
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Media Websites Battle Faltering Ad Revenue and Traffic

Changes in technology like ad blocking, and the dominance of platforms like Facebook leave many publishers unsure of how they will make money. Continue reading at The New York Times

[ The New York Times | 2016-04-18 00:00:00 UTC ]
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BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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'The Walking Dead' studio will publish '7 Days to Die' on consoles

Telltale Games is best known for its emotional point-and-click adventure games The Walking Dead, The Wolf Among Us and Game of Thrones, but the studio's publishing division is just getting started. Telltale Publishing will bring The Fun Pimps' first-... Continue reading at Engadget

[ Engadget | 2016-04-08 00:00:00 UTC ]
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Bookstore News: April 7, 2016

An Iowa bookstore prepares for its grand opening; a currently unnamed bookstore/café is in the works in Maryland; and a Virginia bookstore could lose its lease. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-07 00:00:00 UTC ]
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Two-book deal for Scholastic débutant

Scholastic has snapped up world English rights in two “compelling Middle Grade whodunits” featuring a boy struggling with  Obsessive Compulsive Disorder. Continue reading at The Bookseller

[ The Bookseller | 2016-04-06 00:00:00 UTC ]
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Facebook drives up to 7 times more traffic than Twitter. Get to know your social audience

Social media, once considered the side door to a publisher's site, is rapidly becoming the primary entry point for new readers. These readers move in and out of content differently than traditional web site visitors. Social visitors are new, they’re likely to stay that way, and even if they... Continue reading at Digiday

[ Digiday | 2016-04-01 00:00:00 UTC ]
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Scholastic to publish World of Warcraft titles

Scholastic has signed a deal to publish a new series of books based on the World of Warcraft game franchise for readers aged 8-12. Continue reading at The Bookseller

[ The Bookseller | 2016-03-31 00:00:00 UTC ]
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Educational Development Corp. Doubled Revenue in 2016

Sales hit $63.7 million in the fiscal year ended February 29, 2016, up from $32.5 million in the prior year, according to unaudited results released by the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Harry Potter Contributes to Improved Scholastic Results

Third quarter sales rose 27% in Scholastic's trade division over the same period a year ago, helping to boost total revenue for the company by 5.8%. Scholastic cut its net loss to $9.0 million in the quarter, from $22.1 million in the third period of fiscal 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-24 00:00:00 UTC ]
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Fantastic Beasts tie-ins to HarperCollins and Scholastic

Warner Bros Consumer Products has signed licensed publishing deals with HarperCollins, Scholastic and Insight Editions for the upcoming film Fantastic Beasts and Where to Find Them, set in J K Rowling’s Wizarding World. Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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PRH records revenue and profit jump

Penguin Random House global revenues rose 11.8% in 2015 to €3.7bn (up from €3.3bn the previous year), with operating EBITDA rising by 23.2% to €557m (€452m in previous year). Continue reading at The Bookseller

[ The Bookseller | 2016-03-23 00:00:00 UTC ]
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Scholastic signs YA tattoo trilogy

Scholastic UK has struck a three-book deal for a new YA trilogy by debut author Alice Broadway. Continue reading at The Bookseller

[ The Bookseller | 2016-03-19 00:00:00 UTC ]
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