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 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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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 ]
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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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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 ]
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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 ]
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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 ]
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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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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 ]
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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 ]
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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 ]
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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 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 ]
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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 ]
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