Skyhorse Reorg Leads to Cuts in Titles, Staff

Skyhorse Publishing has implemented a major reorganization that will reduce the total number of titles it publishes annually by about 25%, and cut 16 positions from its full-time staff of 77. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
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Hachette UK offers NHS staff free e-books

Hachette UK has set up a new website to offer NHS workers across the country free e-books to thank them for their dedication during the pandemic.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-14 14:51:17 UTC ]
More news stories like this | News stories tagged with: #hachette uk #hachette


Hearst Promises Journalists at Its Newspapers No Furloughs, No Pay Cuts

Bucking the newspaper industry trend, Hearst Corporation has told its newsrooms there will be no layoffs, no furloughs and no Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-09 14:52:48 UTC ]
More news stories like this | News stories tagged with: #pay cuts #hearst corporation #hearst


HarperCollins UK puts staff on furlough

Publisher HarperCollins has confirmed that it is placing a number of staff on furlough, both in its distribution centre and across the broader company. Continue reading at The Bookseller

[ The Bookseller | 2020-04-09 10:15:57 UTC ]
More news stories like this | News stories tagged with: #publisher harpercollins #distribution centre #harpercollins


Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #$50 million #adjusted ebitda


Group Nine Media Lays Off 7% of Staff

Group Nine Media, whose digital media properties include PopSugar, The Dodo and NowThis, laid off dozens of employees, or 7% of its more than 700-person staff, across the company. It's the latest publisher to take drastic action as COVID-19 has drastically altered the media landscape. As the... Continue reading at AdWeek

[ AdWeek | 2020-04-07 20:39:10 UTC ]
More news stories like this | News stories tagged with: #media landscape #latest publisher #digital media


Amazon prioritises children's books and educational titles experiencing 'strong demand'

Amazon, which has lately has been prioritising household essentials and medical supplies, has said it is now also prioritising products where there is "strong customer demand" – including children's books and educational titles. Continue reading at The Bookseller

[ The Bookseller | 2020-04-07 10:59:19 UTC ]
More news stories like this | News stories tagged with: #medical supplies #educational titles


Diamond Reveals New Payment Terms; Execs Take Pay Cut

Diamond Distributors founder Steve Geppi outlined the terms under which the distributor of comics, graphic novels, and prose books would resume payments to publishers and other vendors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #payment terms #pay cut #graphic novels #prose books


PRH UK furloughs staff for 'long-term health' of company

Penguin Random House UK has revealed it is furloughing "some" of its staff across the business, extending to staffers in its London office. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 23:18:38 UTC ]
More news stories like this | News stories tagged with: #long-term health #penguin random house


Scholastic and Nosy Crow release coronavirus related titles for children

Scholastic has acquired Matt Carr's Now Wash Your Hands! while Nosy Crow has published a free information book explaining coronavirus to children, illustrated by Axel Scheffler. Continue reading at The Bookseller

[ The Bookseller | 2020-04-06 15:53:14 UTC ]
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Bookselling in lockdown: education titles surge as UK shops are shuttered

Exclusive data from Blackwell’s, Waterstones and Bookstat reveal that, with most UK readers housebound, educational titles, escapist fiction and soothing self-help is much in demand Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 16:08:12 UTC ]
More news stories like this | News stories tagged with: #exclusive data #educational titles #escapist fiction


Pan Mac announces pay reductions and distribution staff furloughed as sales drop over Covid-19

Higher paid staff at Pan Macmillan have been asked to volunteer for a pay reduction and employees at its distribution arm will be furloughed as the publisher unveiled measures to help “safeguard” its business during the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 10:15:37 UTC ]
More news stories like this | News stories tagged with: #covid-19 pandemic #sales drop #distribution arm #pan macmillan


Coronavirus Concerns Prompt Cost Cuts

The steady erosion of book sales is impacting all parts of publishing as the Covid-19 pandemic tightens its grip of the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book sales


Live: Publishers postpone major titles until pandemic is over

In light of the coronavirus outbreak and the government's advice regarding social distancing, many publications are being postponed until the new year, to prevent authors missing out on crucial face-to-face promotion.  Continue reading at The Bookseller

[ The Bookseller | 2020-04-03 00:23:37 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #social distancing


James Patterson Leads Group Seeking to Raise Millions for Bookstores

Author James Patterson is spearheading a group that includes Reese Witherspoon, Reese’s Book Club, the Book Industry Charitable Foundation, and the American Booksellers Association in an effort to raise millions of dollars to help save independent bookstores. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book club #american booksellers association #book industry


Half Price Books Cuts Workforce By More Than 2,000

Half Price Books has laid off or furloughed 2,146 people, representing 78% of its workforce of 2,752. The company operates 126 stores in 17 states, all of which are closed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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‘Everyone feels the pain’: Major digital publishers enact pay and benefits cuts to stanch the bleeding

Several publishers have begun announcing their pay cuts and furlough plans as ad revenue continues drying up. Seeing patterns from previous recessions, former media execs explain why these cost controls are only temporary fixes. The post ‘Everyone feels the pain’: Major digital publishers enact... Continue reading at Digiday

[ Digiday | 2020-03-31 04:01:00 UTC ]
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Audible acquires audio-exclusive title on animal behaviour

Audible is to publish audio exclusive title, Animal Societies: How Co-Operation Conquered the Natural World, by Professor Ashley Ward. Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 12:27:09 UTC ]
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Informa bosses to take major salary cuts during coronavirus period

At Informa, parent company of Taylor & Francis, top bosses are to take salary cuts "through the current period of uncertainty created by Covid-19", the company has announced. Continue reading at The Bookseller

[ The Bookseller | 2020-03-27 06:47:25 UTC ]
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Quarto 'pleased' to post 2019 profit, but pandemic forces cost-cutting measures

Quarto has posted a trading update for its 2019 results, saying it expects revenues to slip 9% to $135.8m (2018: $149.3m) but will be returning a profit of $2.9m.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-25 02:44:11 UTC ]
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The Bookseller survey: staff experiences of working through the coronavirus challenge

At the coronavirus outbreak reshapes our industry, The Bookseller is inviting staff members from across the book trade to share their experiences of working during the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-24 12:47:26 UTC ]
More news stories like this | News stories tagged with: #bookseller survey #coronavirus outbreak #bookseller