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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MacAdam/Cage Files Chapter 7

After years of financial problems, independent publishing house MacAdam/Cage filed for Chapter 7 liquidation last month in a San Francisco court. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-03 00:00:00 UTC ]
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Bertelsmann revenues rise in 2013

Penguin Random House’s parent company Bertelsmann has announced preliminary figures for... Continue reading at The Bookseller

[ The Bookseller | 2014-01-31 00:00:00 UTC ]
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Time Inc. Candidates for Chief Revenue Officer Include Two Insiders

After casting a wide net in its search for a chief revenue officer, Time Inc. has narrowed the field to candidates including two current executives: Jed Hartman, group publisher of news and business, and Mark Ford, exec VP-president of the sports group, according to people familiar with the... Continue reading at Advertising Age

[ Advertising Age | 2014-01-24 00:00:00 UTC ]
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Scholastic US signs Mariah Carey Christmas book

US singer Mariah Carey is set to create a Christmas children’s picture book based on her... Continue reading at The Bookseller

[ The Bookseller | 2014-01-24 00:00:00 UTC ]
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Courier Results Up in Fiscal First Quarter

First quarter sales for the period ended December 28 at Courier Corp. rose 12%, to $72.8 million, and net income was up 9%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-22 00:00:00 UTC ]
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EDC Has Strong Third Quarter

Educational Development Corp. that third quarter sales rose 8%, to $8.5 million, in the quarter ended November 30. Net earnings were up to $547,800 from $525,700. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-01-21 00:00:00 UTC ]
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Murray Hill leaves Scholastic for Egmont

Egmont has appointed Hilary Murray Hill [pictured] as m.d. of a newly created Books division,... Continue reading at The Bookseller

[ The Bookseller | 2014-01-07 00:00:00 UTC ]
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Scholastic News’ “8 Coolest Kids of 2013″

The editors of Scholastic News featured the "8 Coolest Kids We Met in 2013," a roundup of the most inspiring, courageous, and innovative kids featured in the magazines this year. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-20 00:00:00 UTC ]
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Boost for Scholastic from new 'Hunger Games' film

The release of the latest Hunger Games film, backlist titles such as Harry Potter and success... Continue reading at The Bookseller

[ The Bookseller | 2013-12-19 00:00:00 UTC ]
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Scholastic Sales Rise, Charges Curb Earnings

Revenue at Scholastic rose 1.5% in the second quarter ended November 30, to $623.2 million, and net income declined to $58.3 million from $61.8 million in the second quarter of fiscal 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-19 00:00:00 UTC ]
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Time Inc. Eyes Candidates for Chief Revenue Officer, Mulls Cost-Cutting Options

You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner... Continue reading at Advertising Age

[ Advertising Age | 2013-12-18 00:00:00 UTC ]
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7 Tips from The German Book Office’s Translation Workshop

At the GBO's recent translator workshop, two US book editors and translator Susan Bernofksy shared techniques and tips for literary translators. Here's what they said. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2013-12-18 00:00:00 UTC ]
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FEP records 2012 publisher revenue decline

Publishers across Europe saw a decline in total revenue in 2012, despite a rise in the number of... Continue reading at The Bookseller

[ The Bookseller | 2013-12-13 00:00:00 UTC ]
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Good Books Parent Files for Chapter 7

Good Enterprises, whose holdings include the cookbook publisher Good Books, filed voluntary Chapter 7 bankruptcy December 10 and is preparing to liquidate the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-12-11 00:00:00 UTC ]
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Amazon reveals quarter of Kindle ebook sales in US were for indie publishers

Figures from world's biggest bookseller trumpeted as sign of how self-publishing and smaller labels are changing the industryAs many as a quarter of the top 100 Kindle books on Amazon.com are from indie publishers, according to data revealed at a trade presentation by the retailer.A chart... Continue reading at The Guardian

[ The Guardian | 2013-12-05 00:00:00 UTC ]
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BuzzFeed to forecast 2014 revenue of up to $120M

BuzzFeed Inc., the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next... Continue reading at Crains New York

[ Crains New York | 2013-12-04 00:00:00 UTC ]
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Mail Online targets £60m revenues in 2014

Publisher aims to continue 2013's 50% growth to hit point at which website's income would exceed newspapers' declineMail Online has set a target of making more than £60m in revenues in 2014, with executives saying it is close to more than offsetting revenue declines at the Daily Mail and Mail on... Continue reading at The Guardian

[ The Guardian | 2013-11-21 00:00:00 UTC ]
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Scholastic apologises for Israel error

Scholastic has apologised for a children’s book that omits Israel from a map of the Middle... Continue reading at The Bookseller

[ The Bookseller | 2013-11-14 00:00:00 UTC ]
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News Corp., Wall Street Journal owner, reports 3% lower revenue

Media mogul Rupert Murdoch's publishing company News Corp. swung to a profit in its fiscal first quarter -- its first financial reporting period as a stand-alone company -- but revenue slipped nearly 3%.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-11-12 00:00:00 UTC ]
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News Corp. revenue falls as ads decline

News Corp., the publisher of newspapers such as the Wall Street Journal and New York Post, reported a 2.8% decline in first-quarter revenue, hurt by shrinking demand for print advertising.Sales fell to $2.07 billion in the period, which ended on Sept. 30, down from $2.13 billion a year earlier,... Continue reading at Crains New York

[ Crains New York | 2013-11-12 00:00:00 UTC ]
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