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 ]
News tagged with: #quarter revenues #scholastic corporation #30th november #strong sales #international sales

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Hachette UK sales drop 6.7% in fourth quarter

Hachette UK saw overall sales fall by 6.7% in the fourth quarter of the year due to lower ebook sales, with its parent company Lagardere Publishing saying that "market trends have reversed in the US and the UK". Continue reading at The Bookseller

[ The Bookseller | 2016-02-12 00:00:00 UTC ]
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Scholastic Reading Club’s Judy Newman: ‘Joy and Bonding’

Scholastic Reading Club President Judy Newman talks about trends in children's reading habits and encouragement from parents and educators. The post Scholastic Reading Club’s Judy Newman: ‘Joy and Bonding’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-02-10 00:00:00 UTC ]
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HBG Rebounds in Fourth Quarter

A 15% increase in fourth quarter sales enabled Hachette Book Group to finish 2015 with only a slight decline in revenue for the full year. An increase in the sales of print books almost offset declines of ebook sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-10 00:00:00 UTC ]
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News Corp. Plummets as Profit Trails Estimates on Ad Revenue

Shares of News Corp., controlled by billionaire Rupert Murdoch, had a record decline after the publisher of the Wall Street Journal and New York Post reported fiscal second-quarter profit that missed analysts' estimates.Earnings, excluding some items, were 20 cents a share in the period ended... Continue reading at Advertising Age

[ Advertising Age | 2016-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #year earlier #york-based company #ad revenue #projections compiled #estimated $2 #york trading


Second Quarter Results Down at HarperCollins

Revenue dropped 5% at HarperCollins in the second quarter ended December 31, 2015 compared to the same quarter in the prior year. Earnings declined 26%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-02-04 00:00:00 UTC ]
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Adult books 'a bright spot' in latest AAP revenue stats

The latest report from the Association of American Publishers has revealed adult book revenues in the US shot up 2.9% for the first three quarters of 2015 - and up more than 7% in September - while children's and YA takings for the period dipped slightly. Continue reading at The Bookseller

[ The Bookseller | 2016-01-29 00:00:00 UTC ]
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Scholastic pulls slavery book

The controversy has sparked a debate about producing children's literature that offers a nuanced view of slavery and that is able to ask uncomfortable questions without stifling a conversation on one of the nation's darkest chapters. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2016-01-22 00:00:00 UTC ]
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Scholastic Terminates 'Dutch Auction'

The slumping stock market has led Scholastic to cancel its “Dutch auction” in which it planned to buy up to $200 million of its common stock from shareholders. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-21 00:00:00 UTC ]
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Bowing to Pressure, Scholastic Recalls Children’s Book Accused of Being Racist

Scholastic has halted distribution of A Birthday Cake for George Washington amid criticism of the book's sugar-coated portrayal of slavery. The post Bowing to Pressure, Scholastic Recalls Children’s Book Accused of Being Racist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2016-01-20 00:00:00 UTC ]
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Canada's largest newspaper publisher reveals revenue falls

Advertising decreases cause a £2m quarterly loss for Postmedia NetworkCanada’s largest newspaper publisher, Postmedia Network, is instituting a programme of cost-cutting. Why? The sobering figures tell the story.Revenue for the quarter that ended on 30 November 2015 showed a 13.1% decrease on... Continue reading at The Guardian

[ The Guardian | 2016-01-14 00:00:00 UTC ]
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From Publisher to Artist: Drawn and Quarterly Founder Chris Oliveros’s ‘The Envelope Manufacturer’

After 25 years running Drawn and Quarterly, publisher and founder Chris Oliveros retired to write and draw his own graphic novel; 'The Envelope Manufacturer' will be published in January. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-01-13 00:00:00 UTC ]
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The Highest-Growth Revenue Streams for Magazine Media in 2015

The biggest revenue upsides are coming from a variety of sources. Guess which one isn’t on the list. The post The Highest-Growth Revenue Streams for Magazine Media in 2015 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-12-18 00:00:00 UTC ]
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International Hot Book Properties, Week of December 7, 2015

Finnish prize-winner racks up sales, Death takes a roadtrip in Germany, a Nigerian novel comes to France, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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Bad Quarter for Wiley

Revenue at John Wiley dropped 9%, to $433.4 million, in the second quarter ended October 31, 2015, and net income decreased 19%, to $43.6 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-08 00:00:00 UTC ]
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This Week's Bestsellers: December 7, 2015

Carly Simon’s memoir—which among other disclosures finally confirms one of the men who’s “so vain”—debuts on our hardcover fiction list. Plus Black Friday boosts numbers for several top-selling titles, James Patterson’s Alex Cross scores a bestseller hat trick, and much more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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PW Picks: Books of the Week, December 7, 2015

This week: a bibulous Southern preacher's perverse quest for sainthood; how human perception is changing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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Book Deals: Week of December 7, 2015

OUP nabs a title exploring children’s literature—and publishing’s—problem with diversity, Lee Boudreaux invests in a veteran’s Fallujah-set war novel, Avery spends six figures luring the pair behind a breakout vegan blog, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-04 00:00:00 UTC ]
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B&N Reports Disappointing Second Quarter

Total sales fell 4.5% at Barnes & Noble in the second quarter ended Oct. 31, 2015 compared to the same period last year and the net loss from continuing operations rose to $27.2 million from $5.1 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-12-03 00:00:00 UTC ]
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i-5 Publishing Launches New Quarterly, Lucky Puppy

New lifestyle brand will provide nationwide coverage of the pet adoption movement. The post i-5 Publishing Launches New Quarterly, Lucky Puppy appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-11-10 00:00:00 UTC ]
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Scholastic Promotes Diversity in Books for Young Readers

The Scholastic Reading Club and We Need Diverse Books are promoting a list of 75 titles for middle-grade readers featuring diverse characters and plots. The post Scholastic Promotes Diversity in Books for Young Readers appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #diverse books #young readers