Time Inc. plunges on earnings, sales forecast

Time Inc., the magazine publisher spun off of Time Warner Inc. last year, plunged in New York trading after its fourth-quarter results and 2015 forecast were worse than analysts expected. The shares... To view the full story, click the title link. Continue reading at 'Crains New York'

[ Crains New York | 2015-02-12 00:00:00 UTC ]
News tagged with: #time warner #york trading #analysts expected

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Home entertainment spending overtakes print sales for first time

UK music, video and games sales higher than those of magazines, books and newspapers last yearThe soaring popularity of services like Netflix, Amazon and Spotify has pushed the amount consumers spend on home entertainment products past the amount spent on books, magazines and newspapers for the... Continue reading at The Guardian

[ The Guardian | 2018-03-01 00:00:00 UTC ]
More news stories like this | News stories tagged with: #amount spent #vinyl records


S&S Posts Solid 2017 Sales, Earnings

Fourth quarter sales rose 12% at S&S while earnings jumped 22%. These gains helped the publisher to an 8% sales gain for the full year, with earnings up 11% over 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-16 00:00:00 UTC ]
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HC Earnings Rise 7% in Q2 on 1% Sales Gain

The positive impact of currency fluctuations, plus higher backlist sales in its children's division, led to a 1% revenue rise at HarperCollins this past quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #positive impact #currency fluctuations


Scholastic Q2 Sales, Earnings Fall

Scholastic second quarter results held no surprises: sales and earnings fell compared to a year ago due to the lack of a new Harry Potter title. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-12-13 00:00:00 UTC ]
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At Time Inc., a Jittery Reckoning on the Day After the Sale

Many employees of Times Inc. had been stunned by the news that the publisher had agreed to sell itself to the Meredith Corporation. Continue reading at The New York Times

[ The New York Times | 2017-11-28 00:00:00 UTC ]
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Time Warner, AT&T deal contingent on CNN sale: report

AT&T’s proposed $85-billion purchase of Time Warner Inc., which owns CNN, HBO and Warner Bros. studios, is encountering resistance from the U.S. Department of Justice. For months, the Dallas telecommunications giant has been confidently predicting that it would finalize the takeover of Time... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-11-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #time warner #owns cnn #warner bros #encountering resistance #confidently predicting


Sales, Earnings Rise at HarperCollins

Revenue at HarperCollins rose 3% in the quarter ended September 30, compared to the same quarter a year ago. Earnings at the publisher, according parent company News Corp, increased 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-11-09 00:00:00 UTC ]
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Pearson raises profit forecast, PRH sales down 'slightly'

Pearson is expecting its full-year operating profit to come in at the top half of its forecast range, it revealed while giving its third quarter trading update.  Continue reading at The Bookseller

[ The Bookseller | 2017-10-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #prh sales #top half


E-book Sales Up in in May, for First Time in Two Years

E-book sales at trade houses rose 2.4% in May 2017 for the first time since 2015, according to new figures released by the Association of American Publishers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #e-book sales #figures released #american publishers


Time Inc UK, publisher of NME and Marie Claire, to be put up for sale

Parent company Time Inc seeks to sell several assets after revenue from both sales and advertising fell more than expectedThe publisher of magazines including Marie Claire, NME, Wallpaper and TV Times is being put up for sale by its American owner.Time Inc said on Friday it was looking to sell... Continue reading at The Guardian

[ The Guardian | 2017-09-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #marie claire #final edition #bob dylan


With No Potter, Sales Plunged at Scholastic in Q1

A 52% decline in Scholastic's children’s book publishing group was blamed on the absence of a major bestseller. In fiscal 2017, the publisher's sales were driven by 'Harry Potter and the Cursed Child,' which was released during the first quarter of last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-09-21 00:00:00 UTC ]
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New York Times pulls YA novel from bestseller list after reports of fake sales

Lani Sarem’s Handbook for Mortals was taken off the No 1 spot after fellow YA authors, sceptical of ‘a book that no one has heard of’, uncovered a pattern of strategic preordersA young adult novel has been removed from the No 1 position on the New York Times bestseller lists, after detective... Continue reading at The Guardian

[ The Guardian | 2017-08-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #las vegas #angie thomas #debut novelist #police violence


Sales, Earnings Up in Q3 at HarperCollins

Revenue at the publisher rose 4% in the third quarter of fiscal 2017, to $374 million. Earnings increased 3%, to $37 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-10 00:00:00 UTC ]
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Sales, Earnings Rise at S&S in Q1

Revenue at Simon & Schuster rose 11% in the first quarter ended March 31, 2017 over the comparable period a year ago, while operating income increased 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-04 00:00:00 UTC ]
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The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process

The process of selling the storied magazine giant comes with an added, intangible price. The post The ‘Devastating’ Opportunity Cost of Time Inc.’s Sale Process appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-05-03 00:00:00 UTC ]
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Time Inc. Puts a Hold on Sale Rumors

The publisher will pursue its "own strategic plan," the company announced this morning. The post Time Inc. Puts a Hold on Sale Rumors appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post time #strategic plan #company announced


Time Inc. CEO as Sale Talks End: 'This Company Has Largely Under-Exposed Its Brands'

It's official: Time Inc. has not found a buyer -- and is no longer considering offers. In an announcement that put a cap on months of speculation over who would buy the publishing giant and when, Time Inc. said Friday morning that the "Company will continue to pursue its strategic plan."The... Continue reading at Advertising Age

[ Advertising Age | 2017-04-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #friday morning #strategic plan #magazine group #continued growth #digital audiences #digital revenues #magazine publishers #crucial source


'Screen fatigue' sees UK ebook sales plunge 17% as readers return to print

Consumer sales down to £204m last year and are at lowest level since 2011 – when Amazon Kindle sales first took off in UK Britons are abandoning the ebook at an alarming rate with sales of consumer titles down almost a fifth last year, as “screen fatigue” helped fuel a five-year high in printed... Continue reading at The Guardian

[ The Guardian | 2017-04-27 00:00:00 UTC ]
More news stories like this | News stories tagged with: #screen fatigue #readers return #lowest level #alarming rate #consumer titles #jeff bezos #physical books


Sales, Earnings Fell at PRH in 2016

The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-28 00:00:00 UTC ]
More news stories like this | News stories tagged with: #earnings fell #6% drop #6% compared #operating margins


Joe Wicks's Lean in 15 books earn fattest sales of any British diet plan

In 18 months, the Instagram star’s three titles have sold more books than any other UK weight-loss title since records beganInstagrammer turned publishing sensation Joe Wicks is now the author of the UK’s biggest-selling diet books since records began.The Body Coach’s three Lean in 15 books have... Continue reading at The Guardian

[ The Guardian | 2017-01-18 00:00:00 UTC ]
More news stories like this | News stories tagged with: #joe wicks #instagram star #records began #body coach #nielsen bookscan #shape plan