Taylor & Francis owner Informa issues shares as coronavirus hits business

Taylor & Francis owner Informa has launched an issue of shares worth 19.9% of its existing capital as the coronavirus pandemic hits its events business. Continue reading at 'The Bookseller'

[ The Bookseller | 2020-04-15 15:21:35 UTC ]
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BA issues business reopening guide and safety kits

The Booksellers Association has issued bookshops with guidelines and safety kits as retailers prepare to open next week.  Continue reading at The Bookseller

[ The Bookseller | 2020-06-11 04:35:47 UTC ]
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HarperCollins owner News Corp donates £100k to charities for coronavirus effort

As part of its annual Giving scheme, HarperCollins parent firm News Corp has donated £100,000 to four UK and Irish charities focused on supporting communities struggling during the coronavirus crisis. Continue reading at The Bookseller

[ The Bookseller | 2020-05-19 18:51:43 UTC ]
More news stories like this | News stories tagged with: #coronavirus crisis #harpercollins #news corp

Future of Q magazine in doubt as coronavirus crisis hits media

Bauer reviews portfolio of UK titles as pandemic accelerates fall in print advertisingCoronavirus – latest updatesSee all our coronavirus coverageThe music monthly Q is one of 10 magazines that could disappear from newsagents’ shelves as one of the UK’s biggest publishers considers the future of... Continue reading at The Guardian

[ The Guardian | 2020-05-18 19:16:59 UTC ]
More news stories like this | News stories tagged with: #latest updatessee #pandemic passes #print titles

First Quarter Industry Report: The Coronavirus Hits China’s Publishing

A first assessment of the Chinese market, January to March, shows physical bookstore sales plunging 60+ percent, printing stalled, supply chain disrupted. The post First Quarter Industry Report: The Coronavirus Hits China’s Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-05-05 03:15:53 UTC ]
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Bertelsmann reports first quarter decline of 2.7% as Covid-19 hits business

Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller

[ The Bookseller | 2020-04-29 16:46:13 UTC ]
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Informa expects £1bn from oversubscribed share offer

Taylor & Francis owner Informa says it expects to raise £1bn through its emergency share offer, adding that its placement yesterday (16th April) was oversubscribed within two hours. Continue reading at The Bookseller

[ The Bookseller | 2020-04-17 00:30:53 UTC ]
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Informa Cuts Executive Pay, Suspends Dividends and Issues New Equity

The world's largest exhibitions organizer, London-based Informa plc, outlined on Thursday morning a series of emergency actions it's taking to alleviate the impact of the COVID-19 pandemic on its events business, which drives nearly two-thirds of the company's overall revenues. Noting that the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-16 18:02:14 UTC ]
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RELX reports 'significant impact' to exhibitions business owing to coronavirus

RELX, whose Reed Exhibitions business organises the London Book Fair and BookExpo, has published a trading statement revealing exhibitions are being "impacted significantly" by the coronavirus outbreak, making the group's outlook for the year as a whole "highly uncertain". Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 07:29:50 UTC ]
More news stories like this | News stories tagged with: #coronavirus outbreak #significant impact #london book fair #relx

In Mexico, PRHGE Prioritizes Digital as Coronavirus Hits

Penguin Random House Grupo Editorial Mexico has shifted to teleworking and added new digital workflows, and is offering online classes prioritizing the sales of e-books, much for the first time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-03 04:00:00 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 ]
More news stories like this | News stories tagged with: #taylor francis #salary cuts #current period

Pearson warns Covid-19 will hit profits and pauses share buyback

Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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Scholastic creates Hunger Games prequel campaign for coronavirus-hit indies

Scholastic UK has created a pre-order campaign for Suzanne Collins' Hunger Games prequel that it says could drive trade to indie bookshops during the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-19 08:56:22 UTC ]
More news stories like this | News stories tagged with: #scholastic uk #pre-order campaign #suzanne collins #indie bookshops #coronavirus outbreak #scholastic

Micropublisher 3 of Cups proposes initiative to help out writers with coronavirus-hit incomes

Indie micropublisher and not-for-profit 3 of Cups has announced a new initiative to help writers and artists who might have reduced incomes during the coronavirus outbreak.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 18:37:25 UTC ]
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Bookshop.org to share 30 percent of each purchase with bookstores impacted by coronavirus shutdowns.

Bookshop.org, an alternative to Amazon that shares proceeds from book sales with independent bookstores, will give more money to those stores in response to the coronavirus pandemic and its impact on small businesses. Bookshop announced today that it would increase bookstore partners’ affiliate... Continue reading at Literrary Hub

[ Literrary Hub | 2020-03-18 15:09:12 UTC ]
More news stories like this | News stories tagged with: #coronavirus shutdowns #book sales #independent bookstores #coronavirus pandemic #small businesses #bookstore #bookshop

The Coronavirus Continues to Disrupt the Book Business

For the second time in two weeks, the new coronavirus has forced the cancellation of a major international book publishing conference—and made clear to publishers that these issues aren't going anywhere for a while. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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For Midwest Booksellers, It's Business as Usual Despite Coronavirus Fears

Midwest booksellers and the two regionals representing them report that business is usual despite coronavirus fears, although booksellers are minimizing physical contact between visiting authors and their fans. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-11 04:00:00 UTC ]
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Taylor & Francis reports 5% revenue boost

Taylor & Francis has reported a 5% increase in revenue to £559.6m for 2019 (2018: £533.2m), with underlying revenue growth of 2.4%.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-10 02:33:20 UTC ]
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Coronavirus: The Brussels Book Fair Is Open for Business

Unlike many publishing trade shows, fairs, and festivals, the Brussels Book Fair has been able to start its run on time this week–with medical personnel on-site and a careful eye on the coronavirus. Editor’s note: A bright spot among so many stories of canceled and postponed publishing events,... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-06 16:30:49 UTC ]
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Coronavirus-hit Italy sees 25% drop in book sales

According to the Italian Publishers Association (AIE), Italy's book market fell 25% last week, with those areas worst-hit by the coronavirus—such as Lombardy, Veneto and Emilia—seeing drops of 50% and above. Continue reading at The Bookseller

[ The Bookseller | 2020-03-05 21:19:43 UTC ]
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Coronavirus: Reed Exhibitions’ BookExpo Issues COVID-19 Statement

After the late cancellation of London Book Fair due to the coronavirus, Reed says BookExpo aims for a 'proactive and transparent' response to the evolving COVID-19 situation. The post Coronavirus: Reed Exhibitions’ BookExpo Issues COVID-19 Statement appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-05 12:30:45 UTC ]
More news stories like this | News stories tagged with: #post coronavirus #reed exhibitions #london book fair #bookexpo