Wiley Cuts Financial Forecast for Fiscal 2020

John Wiley & Sons estimated the coronavirus outbreak will drop revenues for the fiscal year ending April 30 by about $50 million from its previous expectations, president and CEO Brian Napack said. Adjusted EBITDA is expected to be $25 million lower than original forecasts. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-04-09 04:00:00 UTC ]
News tagged with: #coronavirus outbreak #drop revenues #$50 million #previous expectations #adjusted ebitda #original forecasts

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Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
More news stories like this | News stories tagged with: #informa plc #existing capital #$500 million #clarion events


Pearson forecasts lower 2020 profits

Pearson has has said it expects profit to fall in 2020, in its latest annual report. Continue reading at The Bookseller

[ The Bookseller | 2020-02-20 19:43:44 UTC ]
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Forecast 2020: Publishing Trends to Watch For

2019 was a year full of ups and downs. It was neither a good nor bad year. However, many of the events, people and trends we reported on set the stage for 2020. For the past three years I have attempted to take my best stab at what we should expect in the months ahead, as we continue to push... Continue reading at Folio Magazine

[ Folio Magazine | 2020-01-09 15:58:19 UTC ]
More news stories like this | News stories tagged with: #hearst #b2b sector #simply put #cutting edge #ott services #film studios #operated channels #critically important


Wiley Has Lackluster Fiscal 2019 Results

A 7% sales decline in its publishing business offset gains in John Wiley's solutions division and a small gain in research, leading to a 1% sales increase in fiscal 2019 over 2018. Operating income fell 3%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-11 04:00:00 UTC ]
More news stories like this | News stories tagged with: #publishing business #small gain #john wiley


Scholastic Lowers Revenue, Profit Forecast for Fiscal 2019

Citing issues in its book fair and book club businesses in the fourth quarter ended May 31, 2019, Scholastic said it expects sales and earnings for fiscal 2019 to be below previous forecasts. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-06-03 04:00:00 UTC ]
More news stories like this | News stories tagged with: #book fair


Chancellor confirms cut to business rates, schedules 'Amazon tax' for 2020

The Chancellor Philip Hammond has confirmed a tax cut to business rates of one third for all retailers in England with a rateable value of £51,000 or less. The measure will last for the next two years, until the next re-evaluation of rateable values in 2021. Hammond told the House of Commons... Continue reading at The Bookseller

[ The Bookseller | 2018-10-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent shops #amazon tax #business rates


OUP Reports Financial Dip in Fiscal 2018

Oxford University Press has reported a slight decline in revenue and net profit for the fiscal year ended March 31, 2018, compared to fiscal 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #net profit #slight decline


Print Books Weak Spot for Wiley in Fiscal 2017

Declines in John Wiley’s publishing segment offset increases in its research and solutions categories in the fiscal year ended April 30. Sales of books fell 11% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-06-13 00:00:00 UTC ]
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Wiley Touts Digital Progess in Down Fiscal 2016

Sales and earnings fell in fiscal 2016 at John Wiley as the company continued its transition to a digital knowledge and learning company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-15 00:00:00 UTC ]
More news stories like this | News stories tagged with: #learning company #company continued #john wiley #earnings fell


BuzzFeed cuts projected revenue by half after missing 2015 financial target

The digital media company is ‘very comfortable’, it told the Financial Times, despite a report that internal financial targets were missed by over $80mBuzzFeed missed internal financial targets in 2015 and had to substantially cut its projected revenue by about half according to a report... Continue reading at The Guardian

[ The Guardian | 2016-04-13 00:00:00 UTC ]
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Sales, Earnings Up in Fiscal '14 at Wiley

John Wiley & Sons reported that revenue for the fiscal year ended April 30, 2014 rose 1%, to $1.78 billion, and operating income increased 4% to $206.7 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-17 00:00:00 UTC ]
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Tattooist proves indelible at the top as The Cut Out Girl cuts in

Heather Morris’ The Tattooist of Auschwitz (Zaffre) has secured a fourth non-consecutive week in the UK Official Top 50 number one spot, selling 17,106 copies through Nielsen BookScan’s TCM—a bump of 11% in volume week on week. Continue reading at The Bookseller

[ The Bookseller | 2019-02-06 00:00:00 UTC ]
More news stories like this | News stories tagged with: #nielsen bookscan #auschwitz zaffre #heather morris #volume week


Publishers cut ties with David Starkey after 'abhorrent' comments

HarperCollins says it will no longer publish books by historian David Starkey and is reviewing his backlist, describing his recent comments on slavery as “abhorrent”. Vintage and Hodder & Stoughton have also said they will not publish further books from him. Continue reading at The Bookseller

[ The Bookseller | 2020-07-03 13:56:37 UTC ]
More news stories like this | News stories tagged with: #harpercollins #hodder #hodder stoughton #recent comments


Ellan Rankin wins 2020 Carmelite Picture Book Prize

Aspiring illustrator Ellan Rankin has been announced by Hachette as this year's winner of the Carmelite Picture Book Prize.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-03 00:33:10 UTC ]
More news stories like this | News stories tagged with: #picture book #hachette


10 Of The Most Anticipated Book Releases Of July 2020

Including the long-awaited new novel from David Mitchell, bestselling author of "Cloud Atlas" and "The Bone Clocks." Continue reading at HuffPost

[ HuffPost | 2020-07-02 15:00:33 UTC ]
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Despite Global Pandemic, Journalists Celebrate 2020 Pulitzer Prizes

On May 4, Pulitzer Prize administrator Dana Canedy announced this year’s winners from her living room with some technological help Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-07-02 07:00:00 UTC ]
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Best Comics We Read April–June 2020

Find your next comic on this list of Rioters recent favorite graphic novel reads. Continue reading at Book Riot

[ Book Riot | 2020-07-01 10:39:13 UTC ]
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The Most Anticipated Debuts of the Second Half of 2020

There’s no doubt COVID-19 has forever changed the world as we know it. A small slice of life that had to shift trajectory is the publishing industry. Debut authors are especially struggling as the books they have worked on for countless years are released into a world without in-person book... Continue reading at Electric Literature

[ Electric Literature | 2020-06-30 11:00:00 UTC ]
More news stories like this | News stories tagged with: #bookstore #electric literature #debut authors #publishing industry


Pan Mac and Waterstones triumph at British Book Awards 2020

Pan Macmillan has been named Publisher of the Year, while Waterstones has claimed Book Retailer of the Year, at the British Book Awards 2020. Continue reading at The Bookseller

[ The Bookseller | 2020-06-29 14:20:04 UTC ]
More news stories like this | News stories tagged with: #british book #pan macmillan #book retailer #named publisher #pan mac