Trade welcomes Chancellor's tax and rates measures

Booksellers have welcomed the news that business rates will be reviewed and a 25% tax will be imposed on multinationals' profits from UK economic activity. In the Autumn Statement yesterday (3rd December) the Chancellor George Osborne revealed that multinational companies like Amazon, Google, Apple and Starbucks, which “artificially shift” profits out of the country, would be taxed 25% of their profits from economic activity in the UK from April 1st 2015. Continue reading at 'The Bookseller'

[ The Bookseller | 2014-12-04 00:00:00 UTC ]
News tagged with: #business rates #multinational companies

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HarperCollins will acquire the trade division of Houghton Mifflin Harcourt for $349 million.

Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub

[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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HarperCollins to Acquire HMH Trade

The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]
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Springboard: trade bodies, agencies and publishers line up virtual events to plug book fair gap

With the London and Bologna book fairs rescheduled in an attempt to host a physical event, a number of companies have sought to create their own virtual ‘fairs’ to enable rights-trading and connect authors and readers. Continue reading at The Bookseller

[ The Bookseller | 2021-03-06 02:57:17 UTC ]
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Sunak's budget announces restart grants, furlough and business rates holiday extension

Chancellor Rishi Sunak has laid out his budget, announcing £6,000 “restart” grants for shops alongside an extension of furlough and the business rates holiday. Continue reading at The Bookseller

[ The Bookseller | 2021-03-02 20:51:28 UTC ]
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AAP StatShot: US Trade Book Sales Up 9.7 Percent for 2020

US books sales in 2020 were mixed, with AAP reporting trade book revenues up but declines in K-12 and higher education materials. The post AAP StatShot: US Trade Book Sales Up 9.7 Percent for 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-25 16:02:04 UTC ]
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Trade Publishing Segment Shines in a Flat 2020

Total industry sales rose 0.1% in 2020 compared to 2019 based on year-end figures supplied by 1,354 publishers to AAP’s StatShot program. The two major trade categories had solid gains in the year, while the two big educational segments had declines. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-25 05:00:00 UTC ]
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Export delays and cost hikes continue to hit trade with Europe

The trade is continuing to face lengthy delays exporting books to Europe following the end of the post-Brexit transition period, with Amazon understood to have made changes to its purchasing to mitigate the issue. Continue reading at The Bookseller

[ The Bookseller | 2021-02-14 23:27:28 UTC ]
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Welbeck reports 'well-balanced' results for first year's trading

Welbeck Publishing Group has reported turnover of £13m and operating profit of £1.3m in 2019 in its inaugural financial results, taking stock of its first nine months of trading. Continue reading at The Bookseller

[ The Bookseller | 2021-02-03 21:05:10 UTC ]
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AIE: Italy’s Trade Book Publishing Sales Grow 2.4 Percent in 2020

Overall in 2020, the AIE and ALI with Nielsen have reported, Italians purchased 104.5 million book in 2020. The post AIE: Italy’s Trade Book Publishing Sales Grow 2.4 Percent in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-29 21:50:15 UTC ]
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Yaged Named President of Macmillan Trade; Besser to Head Kids' Group

Jon Yaged, head of Macmillan Children’s Publishing Group, has been promoted to president of all of Macmillan Publishers' U.S. trade group. Jen Besser has been named to succeed Yaged as head of the children’s division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-26 05:00:00 UTC ]
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Perry appointed Book Trade Charity chief exec

Vic Perry, formerly of Jaguar Land Rover, has been appointed as the c.e.o. of the Book Trade Charity (BTBS), taking over from David Hicks when he retires on 31st March after 27 years. Continue reading at The Bookseller

[ The Bookseller | 2021-01-18 13:49:20 UTC ]
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PW Launches New U.S. Book Trade Fair for May

Publishers Weekly will launch a new American publishing trade fair. The U.S. Book Show will run virtually May 26-28 and will offer events and programming for the domestic and international publishing industry, including booksellers, librarians, publishers, and self-published authors. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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BA welcomes support grants for shops closed by lockdown

The Booksellers Association has welcomed an announcement that shops forced to close because of England's lockdown are eligible for one-off grants of up to £9,000. Continue reading at The Bookseller

[ The Bookseller | 2021-01-06 06:42:08 UTC ]
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TKO Studios Expands to the Book Trade, Movies

TKO Studios, an independent comics publisher based in Los Angeles designed around an unusual business model offering graphic novels and serial comics, is expanding its program into the book trade and TV and film development. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
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Relief at EU trade agreement but concerns over the 'maze' ahead

Some book trade leaders have expressed relief that the "nightmare" scenario of a no-deal scenario for post-Brexit trade has been averted—but a new burden of bureaucracy is descending on the industry, while many questions for the future remain unanswered. Continue reading at The Bookseller

[ The Bookseller | 2021-01-03 19:23:07 UTC ]
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US publishers welcome law against illicit streaming services

Publishers in the US have welcomed a new law passed by Congress giving the Department of Justice (DoJ) power to go after criminal streaming services. Continue reading at The Bookseller

[ The Bookseller | 2020-12-23 05:21:10 UTC ]
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Indie booksellers invited to complete 2020 Christmas trading survey

Indie bookshops in the UK and Ireland are invited to complete The Bookseller’s annual Christmas trading survey.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 20:16:26 UTC ]
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Scholastic revenues plunge 32% but trade sales up in second quarter

Scholastic saw revenues plunge 32% year on year to $406.2m and operating income fall 54% in the second quarter, as its business continued to be hit by the pandemic, although trade sales rose. Continue reading at The Bookseller

[ The Bookseller | 2020-12-17 18:36:39 UTC ]
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Adult Trade Sales Had Solid October

Sales in October in the adult trade book segment rose 10.2% over 2019 at publishers that report results to AAP. Sales in the two digital formats had double digit increases in the month and, for the first 10 months of 2020, e-book sales rose 11.5% over 2019, while downloadable audio sales... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-14 05:00:00 UTC ]
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Trade bodies look to proposals for new pro-competition regime to check Amazon

Publishing trade bodies have welcomed advice from the Competition & Markets Authority (CMA) that a new pro-competition regulatory regime "fit for the digital age" be rolled out to hold the most powerful tech firms to account through a new enforceable code of conduct.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-08 23:35:11 UTC ]
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