Storytel Has Profitable Q2, Former Bonnier Exec Named CEO

Outgoing Storytel CEO Johannes Larcher touted a sales increase of 9% and operating profit of $4.4 million in its second quarter as "the best financial performance in the history of the company." Larcher's replacement, Bodil Ericsson Torp, starts on October 1. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-07-31 04:00:00 UTC ]

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Humble Bundle Books Gets a Bump It Can Brag About

In 2019, the promotional site that allows consumers to pay what they wish for bundles of DRM-free ebooks, reported a sales increase of 36% in 2018 over its 2017 results, for a total of $21.3 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-02-15 00:00:00 UTC ]
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PRH Gives Pearson Profit of 129 Million Euros

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million euros in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
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Foyles' Christmas sales up 4.3%

Foyles achieved a 4.3% like-for-like sales increase over Christmas, the bookseller has said. Continue reading at The Bookseller

[ The Bookseller | 2017-01-07 00:00:00 UTC ]
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Walker Books increases turnover in 2015

Independent publisher Walker Books saw its sales increase in 2015, according to financial accounts filed on Companies House. Continue reading at The Bookseller

[ The Bookseller | 2016-10-12 00:00:00 UTC ]
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Amazon Posts a $1 Billion Profit

Helped by a strong performance in its cloud services group, Amazon reported an operating profit of $1.1 billion in the first quarter ended March 31, 2016 compared to $255 million in the 2015 first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-04-28 00:00:00 UTC ]
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Profile turnover exceeds £10m

Profile has seen a “breakthrough financial year” with turnover exceeding £10m for the first time in the company’s history, the publisher has said.  Turnover was up 26% year-on-year to £10.4m with operating profit at just over £1m for the year 2014-2015. The company was named as the Independent... Continue reading at The Bookseller

[ The Bookseller | 2015-09-19 00:00:00 UTC ]
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PRH Adds 24 Million Pounds to Pearson Profits

Penguin Random House contributed 24 million pounds in operating profit to Pearson in the first half of 2015, up from 18 million pounds in the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-07-24 00:00:00 UTC ]
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Waterstones Piccadilly expands children’s section

Waterstones’ flagship Piccadilly store is expanding its children’s section after a sales increase of 20%. London regional manager Luke Taylor said the company decided to re-think the space after “the recent explosion in children's sales”, driven by reference, games and educational related... Continue reading at The Bookseller

[ The Bookseller | 2015-02-20 00:00:00 UTC ]
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Chapman: S&S UK's 'challenging' year

S&S UK has seen a "challenging year" which has not been helped by a number of staffing changes, its c.e.o Ian Chapman has told The Bookseller.  The c.e.o and publisher of S&S UK and International was speaking following the release of S&S's global results by its parent company CBS on... Continue reading at The Bookseller

[ The Bookseller | 2015-02-17 00:00:00 UTC ]
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Economist nears the limit of an old growth theory

Editor John Micklethwait departs on a high. But print circulation may never be so high - nor fortunes quite so serene – againYou used to judge successful editors by a simple test. How many copies did they sell on day one, and how many on their last day in the chair? Plus, of course, parallel... Continue reading at The Guardian

[ The Guardian | 2015-01-25 00:00:00 UTC ]
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Strong December boosts high street

High street chain retailers have been buoyed by successful December trading, The Bookseller can report. Blackwell’s saw a like-for-like sales increase of 3.38% excluding its London Charing Cross Road store, which closed in June. Across its promotion and Christmas catalogue titles, sales were... Continue reading at The Bookseller

[ The Bookseller | 2015-01-08 00:00:00 UTC ]
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Parragon Books restructure boosts profits to £19m

Parragon Books has posted an operating profit of £19.4m in 2014 compared to a loss of £6m the year before, thanks to a company restructure earlier in the year. For the year ending the 31st March 2014, turnover fell 14% to £48m from £56m but “the overall improvement in profitability was due to a... Continue reading at The Bookseller

[ The Bookseller | 2015-01-03 00:00:00 UTC ]
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Small loss for Faber in 'tough' year

Faber saw a sharp drop in turnover for the year ending March 2014, and made a small operating loss for the year. The independent publisher recorded a turnover for the year of £16.3m, down 18% from £20m in the previous year. From an operating profit of £2.3m in the year to end March 2013, the... Continue reading at The Bookseller

[ The Bookseller | 2014-12-12 00:00:00 UTC ]
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Cheltenham festival sees 7% ticket sale rise

Cheltenham Literature Festival had a “record-breaking” 2014, with almost 140,000 tickets sold, up 7% from the year before. People from all bar three UK postcodes attended the festival, and both Saturdays of the 10-day event saw more than 20,000 in attendance. Meanwhile Waterstones, the... Continue reading at The Bookseller

[ The Bookseller | 2014-11-01 00:00:00 UTC ]
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Flat sales but underlying growth for CUP

Cambridge University Press has reported a sales increase of 5% at constant currency rates in the... Continue reading at The Bookseller

[ The Bookseller | 2014-08-19 00:00:00 UTC ]
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Profits Rose 32% in 2013 at S&S

Operating income at Simon & Schuster rose 32% in 2013, to $106 million on a sales increase of 2.4%, to $809 million, parent company CBS reported. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-02-12 00:00:00 UTC ]
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Strong growth at Penguin in first half, as Pearson posts loss

Pearson made an operating profit of £20m in the first half of 2013, compared with £... Continue reading at The Bookseller

[ The Bookseller | 2013-07-26 00:00:00 UTC ]
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Pearson sees operating profit decline

Pearson has announced a decline in operating profit for the first five months of the year, with a... Continue reading at The Bookseller

[ The Bookseller | 2012-10-29 00:00:00 UTC ]
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