UBM Earnings Down In Q1

Revenue for b-to-b publisher and event producer UBM declined 13.5 percent to $317 million for the first quarter, the company announced Tuesday. The steep loss is mitigated in part by "strong foreign exchange headwind," changes to event timing and the restructuring of Continue reading at 'Folio Magazine'

[ Folio Magazine | 2014-04-30 00:00:00 UTC ]

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Amazon hits back at claims it is to blame for falling author earnings

Retailer insists Authors Guild report that criticised the online giant for contributing to tumbling writers’ incomes used flawed figures, but Guild stands by findingsAmazon has called the conclusions of a recent report into US author earnings flawed, after the Authors Guild suggested that the... Continue reading at The Guardian

[ The Guardian | 2019-01-16 00:00:00 UTC ]
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Crashing author earnings 'threaten future of American literature'

Authors Guild survey finds writers’ incomes have fallen dramatically in five years – with literary novelists worst-hitA major survey of American authors has uncovered a crash in author earnings described as “a crisis of epic proportions” – particularly for full-time literary writers, who are “on... Continue reading at The Guardian

[ The Guardian | 2019-01-08 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #historic low #median income #fallen dramatically #american literature #author earnings #american authors

APWG to 'expand scope' of author earnings investigation

The All Party Writers Group (APWG) has delayed the report divulging the results of its authors' earnings inquiry until June 2019 to "expand the scope" of the investigation. Continue reading at The Bookseller

[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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Wiley Q2 Sales and Earning Fall

Revenue at John Wiley & Sons fell 1% in the second quarter ended October 31, compared to the same period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-05 00:00:00 UTC ]
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HC Profits Soared 42% in Q1 of Fiscal 2019

Strong backlist sales, in addition to a 55% jump in sales of digital audiobooks, led to a 42% increase in earnings at HarperCollins in the quarter ended September 30, 2018, over the comparable period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-08 00:00:00 UTC ]
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S&S Q3 Earnings Rise on Sales Gain

After completing another solid quarter, Simon & Schuster CEO Carolyn Reidy said that while business was soft in October because of distractions caused by the upcoming election, she believes sales will rebound after the midterm elections on November 6. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-01 00:00:00 UTC ]
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Q1 Sales Down at B&N, As Losses Rise

Barnes & Noble’s sales fell 6.9% in the quarter ended July 28, compared to the same period last year. The company did note, however, that the sales trend improved in each month of the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-06 00:00:00 UTC ]
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Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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B&N Education Sales Fall 5% in Q1, Loss Up Slightly

Barnes & Noble Education reported that revenue in the first quarter, ended July 28, fell to $337.5 million, down from $355.7 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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HC Posts Big Earnings Gain in Fiscal 2018

Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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HBG Posts Gains in Sales and Earnings in First half of 2018

Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Future earns highest-charting streaming-only album on Billboard 200

Future's new album, Beastmode 2, is now the highest-charting streaming-only album, Billboard reports, debuting at No. 3 on Billboard's Hot 200. With this album, Future has dethroned Chance the Rapper, whose Coloring Book became the first streaming-ex... Continue reading at Engadget

[ Engadget | 2018-07-17 00:00:00 UTC ]
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How Much Do Writers Earn? Society of Authors and ALCS Present Talking Points to Publishers

Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bigger share #open letter #writers earn #publishers appeared #publishers association

Open letter on author earnings

The Society of Authors' Nicola Solomon and The Authors' Licensing & Collecting Society's Owen Atkinson pen a letter to the PA's Stephen Lotinga on author earnings. Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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Writers bodies defend author earning figures as 'incontrovertible'

The Society of Authors (SoA) and the Authors Licensing and Collection Society (ALCS) have written an open letter taking issue with the Publishers Association’s questioning of figures unveiled in a recent survey showing writers’ earnings have fallen by 15% in four years, calling them... Continue reading at The Bookseller

[ The Bookseller | 2018-06-30 00:00:00 UTC ]
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Author Earnings Sliding Fast in U.K.

Median annual income of professional writers is now under £10,500—down by 15% since 2013—according to ALCS research, with hourly rates well below minimum wage. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-28 00:00:00 UTC ]
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