Scholastic Sees Sales, Profits Fall in Second Quarter

Lower sales in the company's trade group, due mainly to the timing of the publication of some of its biggest books, was the major factor in dropping second quarter results. For the full fiscal year, Scholastic still expects revenue to increase between 4% and 6% over fiscal 2024. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-12-20 05:00:00 UTC ]

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Publishers made only 14 percent of revenue from distributed content

Publishers are only making 14 percent of their revenue from distributing their content on third party platforms, according to a new report from Digital Content Next, the premium publishers’ trade group. The majority of publishers’ distributed revenue came from YouTube, as newer platforms and... Continue reading at Digiday

[ Digiday | 2017-01-24 00:00:00 UTC ]
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'Cursed Child' Drives Big Gains in Scholastic's Trade Group

Sales of 'Harry Potter and the Cursed Child' helped add almost $70 million to Scholastic’s trade division in the quarter ended August 31, and drove a 104% jump in revenue in the company’s children’s book publishing and distribution group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-09-22 00:00:00 UTC ]
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B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
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Digital Content Next reports recommendations for reaching the ad-blocking audience

As the population of people using ad blocking software has grown, publishers are increasingly recognizing that they have to find a way to address those people a different way. Digital Content Next, a trade group for premium publishers, has shared recommendations, which came out of meetings with... Continue reading at Digiday

[ Digiday | 2016-05-23 00:00:00 UTC ]
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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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Earnings Tumble at HarperCollins

Lower ebook sales were the major factor in dropping EBITDA by 24% in the quarter ended September 30, 2015 at HarperCollins. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-11-05 00:00:00 UTC ]
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HMH Trade Sales Inch Up, But Profits Fall

Sales in the publisher's trade segment inched up 0.5% in the second quarter, to $37.4 million. But adjusted EBITDA fell to $412,000, from $1.9 million in the second quarter of 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-06 00:00:00 UTC ]
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Trinity Mirror 'profits on course'

UK newspaper publisher Trinity Mirror says it expects to hit its profit forecasts for 2015, as half-year revenues and profits fall. Continue reading at BBC News

[ BBC News | 2015-08-03 00:00:00 UTC ]
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Waterstones' core Christmas sales up 5%

Waterstones’ core Christmas sales were up over 5% year-on-year but overall revenue was hit by lower sales of Kindle devices. The chain bookseller’s m.d, James Daunt, said the company had a “solid” Christmas and was pleased with sales of books, stationery and toys, with new stores in the estate... Continue reading at The Bookseller

[ The Bookseller | 2015-01-07 00:00:00 UTC ]
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First Quarter Results Down at Harlequin

First quarter at Harlequin declined 3.2%, to C$99.2 million, and operating profit fell 14%, to C$12.8 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-07 00:00:00 UTC ]
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Nook Division Continues to Shrink

In a conference call following the release of its third quarter results, Barnes & Noble executives talked about the downsizing of the Nook division and other strategic plans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-26 00:00:00 UTC ]
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Macmillan Does First Int'l Pub for Aussie Newcomer

Macmillan's trade group is organizing its first coordinated international publication for an author it discovered through one of its Australian e-only imprints. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-10-29 00:00:00 UTC ]
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Profits fall at Penguin in 'momentous' year

The Penguin Group saw a 1% rise in sales to £1.05bn in 2012 (£1.04bn in 2011).... Continue reading at The Bookseller

[ The Bookseller | 2013-02-25 00:00:00 UTC ]
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'Solid' start to 2012 for Quarto

Quarto has announced "solid" first quarter results for 2012, with revenue up 4% year on... Continue reading at The Bookseller

[ The Bookseller | 2012-04-26 00:00:00 UTC ]
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Barnsley: Amazon and WHS key performers for HC

Written By: Graeme Neill Publication Date: Thu, 03/11/2011 - 16:14 Amazon and W H Smith are HarperCollins' strongest players in bookselling, its c.e.o. has claimed. Victoria Barnsley was speaking after the publisher's parent NewsCorp reported its third quarter results, for the three months to... Continue reading at The Bookseller

[ The Bookseller | 2011-11-03 00:00:00 UTC ]
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Book trade escapes effects of the riots

Written By: Benedicte Page and Philip Stone Publication Date: Thu, 18/08/2011 - 15:38 The book trade’s TCM sales showed another big year on year drop last week, but the regional breakdown of the Nielsen BookScan figures suggests the nationwide riots were unlikely to be the major factor,... Continue reading at The Bookseller

[ The Bookseller | 2011-08-18 00:00:00 UTC ]
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Penguin's sales and profits fall in first half as digital rises

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 09:30 Penguin reported lower sales and profits in the first half of 2011 as it adjusted to the "unprecedented challenges" afflicting the publishing sector including the loss of high street booksellers in the US and Australia... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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Tesco non-food growth remains "negative"

Written By: Lisa Campbell Publication Date: Tue, 14/06/2011 - 08:55 Tesco has revealed overall UK non-food growth is "still negative" in its first quarter results this morning (14th June). The supermarket chain has seen its like-for-like sales excluding petrol increase by 1% in the UK in the... Continue reading at The Bookseller

[ The Bookseller | 2011-06-14 00:00:00 UTC ]
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Reader’s Digest Revenue, EBITDA Fall Double Digits in First Quarter 2011

The Reader’s Digest Association (RDA) shared its first quarter results this morning, and fallen revenues show that the company is still nursing its wounds since Continue reading at Folio Magazine

[ Folio Magazine | 2011-05-16 00:00:00 UTC ]
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