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 ]
News tagged with: #strong growth #pearson made #operating profit

Other Publishing stories related to: 'Strong growth at Penguin in first half, as Pearson posts loss'


Pearson chief Fallon awarded 20% pay rise depsite losses

Pearson c.e.o. John Fallon has been awarded a 20% total pay rise despite the fact the company made a £2.6bn loss in 2016.  Continue reading at The Bookseller

[ The Bookseller | 2017-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #john fallon


Pearson reports £2.6bn loss for the year

Pearson has reported a massive pre-tax loss for the year of £2.6bn, including a goodwill impairment, following the challenges it has been facing in the US education market. The company, which in January delivered its fifth profit warning in four years, also reported a sharp rise in debt to... Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education market #profit warning #sharp rise #47% stake #trade publisher #underlying growth


Books world alarmed by Pearson's sale of stake in Penguin Random House

Management have moved to reassure staff and writers that selling the 47% holding will not affect business, but authors and agents express uneaseAuthors and staff have reacted cautiously to news that Pearson is to sell its stake in Penguin Random House (PRH), the world’s biggest publisher and... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #fifty shades #jamie oliver


Pearson to sell its stake in Penguin Random House

Pearson intends to sell its 47% stake in Penguin Random House and will be issuing an "exit notice" to its joint venture partner Bertelsmann, which holds a majority 53% stake in the group. Bertelsmann has responded by saying it is "open" to increasing its share in the world’s biggest trade... Continue reading at The Bookseller

[ The Bookseller | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake #financial terms


Pearson to Sell Stake in Penguin Random House

Faced with worse-than-expected results in its North American higher education publishing business, Pearson said this morning that it is putting its 47% stake in Penguin Random House up for sale. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


Digital sales down 19%, but print strong for trade publishers in first half

Trade publishers’ digital revenues have fallen by 19% in the first six months of the year, but print sales are holding strong, new figures from the Publishers Association have revealed. Continue reading at The Bookseller

[ The Bookseller | 2016-11-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #digital sales #trade publishers #digital revenues #print sales #publishers association


PRH Had 'Solid' First Half, Pearson Says

Pearson, which has a 47% stake in Penguin Random House, reported that Increased benefits from the integration of Penguin and Random House offset "reduced demand" for ebooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-07-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


Pearson in 'strong position' to weather Brexit uncertainties

Pearson’s chief executive John Fallon has said the company “fully respects” the outcome of the EU referendum despite its own view the UK would have been "better off" inside the EU. Continue reading at The Bookseller

[ The Bookseller | 2016-06-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #eu referendum


Strong first-half results for W H Smith

W H Smith saw a rise in both sales and profits in the first half of 2016, with sales of adult activity books such as colouring books in the run-up to Christmas boosting its books business, the company reported. Continue reading at The Bookseller

[ The Bookseller | 2016-04-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #colouring books #books business #company reported


Penguin Random House Posts Record Profit for 2015

Post-merger integrations have yielded improved margins at the world's largest trade publisher. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-03-25 00:00:00 UTC ]
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Sun publisher posts £250m loss due to write-down and hacking costs

Rupert Murdoch’s News Group Newspapers pushed to loss as value of publishing rights falls and £50m is set aside to deal with continuing cost of hacking scandalThe publisher of the Sun has recorded a loss of more than £250m after making a huge write-down and paying out further costs associated... Continue reading at The Guardian

[ The Guardian | 2016-03-23 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #phone hacking #public officials #legal fees


Non-traditional outlets saw ‘strong growth’ in 2015

Book sales through non-traditional retailers are booming, publishers and retailers have reported, but competition is becoming ever fiercer among publishers to secure coveted shelf space in retailers such as Anthropologie, Urban Outfitters, Joy, T K Maxx or The White Stuff. Continue reading at The Bookseller

[ The Bookseller | 2016-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #strong growth #book sales #urban outfitters


Penguin blames likely job losses on rise of ebooks

Publisher wants to cut 225 jobs from Warwickshire warehouse, where books are distributed, owing to decline in demandReaders’ preference for ebooks has been blamed for 225 potential job losses after publisher Penguin Random House announced cuts that leave staff facing an anxious Christmas.The... Continue reading at The Guardian

[ The Guardian | 2015-12-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #physical books #job losses #harper lee #cut jobs


First Half Results Rise at Penguin Random House

Sales rose 16.2%, to 1.70 billion euros, and earnings increased 30.2% at Penguin Random House in the first half of 2015 over the same period in 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-08-31 00:00:00 UTC ]
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News Corp sees strong growth in digital real estate services and book publishing

The company’s quarterly earnings call beats analysts’ expectations despite a fall in total revenue from the previous quarter and a net loss of $379mNews Corp, owner of the Wall Street Journal and the Times, reported a better-than-expected quarterly results as strong growth in its digital real... Continue reading at The Guardian

[ The Guardian | 2015-08-13 00:00:00 UTC ]
More news stories like this | News stories tagged with: #book publishing #total revenue #net loss #strong growth #print business #rupert murdoch


Deals Drove Growth at Penguin Random House

Total revenue at Penguin Random House rose 25.2% in 2014 to 3.32 billion euros, while EBITDA increased 24.5% to 452 million euros. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #total revenue


Johnston Press posts pre-tax loss of £23.9m

Regional newspaper publisher also unveils deal to print Richard Desmond’s four Express and Star titles in the north of EnglandJohnston Press has reported a pre-tax loss of £23.9m for last year, and announced a lucrative deal to print Richard Desmond’s Express and Star titles in the north of... Continue reading at The Guardian

[ The Guardian | 2015-03-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #star titles #pre-tax loss #lucrative deal #3% decline


Controversy: Pearson Publishing Monitoring Students’ Twitter Posts

The New York Times reports that educational publisher Pearson has been “monitoring student media” to find possible "leaks" of the company's tests. The post Controversy: Pearson Publishing Monitoring Students’ Twitter Posts appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2015-03-20 00:00:00 UTC ]
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Pearson Earns £69M in 2014 from Penguin Random Stake

Pearson reported 2014 earnings of £69 million, after taxes, from its 47% stake in Penguin Random House. For the year Pearson reported total revenues of £4.8 billion and operating earnings of £720 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #47% stake


Pearson Cutting 4,000 Jobs as First-Half Sales Decline

Pearson Plc (PSON), the publisher of the Financial Times, said today it will have cut a total of about 4,000 jobs in the two years through 2014 and reported a sales decline of 6.5 percent for the first half. The cuts are equivalent to about 10 perc ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-07-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #sales decline