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 #$50 million #adjusted ebitda

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Gannett Announces Widespread Cost-Cutting

The moves at the nation’s largest newspaper publisher include a week of mandatory unpaid leave and voluntary buyouts. Continue reading at The New York Times

[ The New York Times | 2022-10-12 21:51:53 UTC ]
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Financial Times Announces a Shortlist in the £30,000 Business Book of the Year Award

The United Kingdom-based business book competition is in its 18th year. Its shortlist deals with economics, business, and politics. The post Financial Times Announces a Shortlist in the £30,000 Business Book of the Year Award appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-09-26 10:02:34 UTC ]
More news stories like this | News stories tagged with: #18th year #book of the year


Higher Costs Contribute to First Quarter Loss at Wiley

Sales at Wiley were flat in the quarter ended July 31, 2022, but restructuring charges and higher costs, including higher T&E charges, led to an operating loss of $17 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #quarter loss #restructuring charges #higher costs #operating loss


Penguin cuts off Meal Prep King cook after misogynistic rant

Cookbook fans ‘heartbroken’ after John Clark’s derogatory outburst on social mediaThe cookbook author known as the Meal Prep King will no longer be published by Penguin Random House after he posted a misogynistic video on social media.John Clark, whose book The Meal Prep King Plan was a Sunday... Continue reading at The Guardian

[ The Guardian | 2022-08-16 17:55:17 UTC ]
More news stories like this | News stories tagged with: #instagram live #monday night #penguin random house #cookbook


Publisher of USA Today, other papers axes staff to cut costs

Newspaper publisher Gannett Co. confirmed Friday that it’s laying off some of its newsroom staff as part of a cost-cutting effort to lower its expenses as its revenue crumbles amid a downturn in ad sales and customer subscriptions Continue reading at ABC News

[ ABC News | 2022-08-12 21:45:49 UTC ]
More news stories like this | News stories tagged with: #usa today #cut costs #newsroom staff #ad sales


HC Sales Topped $2 Billion in Fiscal 2022

Sales rose 10% at HarperCollins, to $2.19 billion, in the fiscal year ended June 30, 2022, but higher costs limited the increase in profits to 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-09 04:00:00 UTC ]
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College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology's ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including... Continue reading at Engadget

[ Engadget | 2022-08-03 20:10:20 UTC ]
More news stories like this | News stories tagged with: #second-hand sales #nft advocates #major attributes #secondary market #analogue world #makes sense #pearson


Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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Oklahoma public library’s sexual content ban also cuts abuse prevention program and Pride displays.

In today’s “why do we have to share a country with these jackasses” news, the board of the public library of Enid and Garfield County in Enid, Oklahoma, voted 3-2 to ban “book displays and library programs that focus on sexual content”—which resulted in the library cancelling not only an adult... Continue reading at Literrary Hub

[ Literrary Hub | 2022-04-20 17:26:39 UTC ]
More news stories like this | News stories tagged with: #pride displays #public library #book club


The Civil War’s financial battles

The North's modern economy and wartime financial innovations all but guaranteed victory, Roger Lowenstein argues. Continue reading at The Washington Post

[ The Washington Post | 2022-04-01 12:00:59 UTC ]
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Cheryl Strayed releases a cut scene from Wild in honor of the memoir’s 10th anniversary.

It’s been ten years since the release of Wild, Cheryl Strayed’s bracingly honest memoir about hiking the Pacific Crest Trail as a young adult after her mother’s death with no experience or training—and to ccelebrate the anniversary, Strayed has released a cut scene from Wild, free to read... Continue reading at Literrary Hub

[ Literrary Hub | 2022-03-21 19:22:02 UTC ]
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From the Archive: March 30, 2020

In March 2020, PW was racing to keep up with the changes to the industry unleashed by the start of the Covid pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-03-11 05:00:00 UTC ]
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Amazon’s upgraded Kindle Paperwhite just got its first huge price cut

Amazon released a fantastic new Kindle Paperwhite in late 2021 and right now it’s available for $45 less than usual. The online retailer has cut the price of the 32GB Kindle Paperwhite Signature Edition to $145, which is down from $190. We reviewed the new Paperwhite in December and gave... Continue reading at PC World

[ PC World | 2022-02-07 15:11:41 UTC ]
More news stories like this | News stories tagged with: #amazon released #kindle paperwhite #8-inch display #6-inch display #online retailer #previous version #signature edition #kindle


Academic Publishing Edition: Wiley’s Jay Flynn on ‘Science Literacy’

As the pandemic raises 'science literacy' worldwide, Jay Flynn says Wiley is rushing to enable research stakeholders in a changing business. The post Academic Publishing Edition: Wiley’s Jay Flynn on ‘Science Literacy’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-28 12:25:29 UTC ]
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Sweden’s Storytel Cites a 20-Percent Gain in 2021 over 2020

Storytel reports good momentum for its audiobook and ebook streaming services in Poland, Russia, and Turkey—and less so in the Netherlands. The post Sweden’s Storytel Cites a 20-Percent Gain in 2021 over 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-01-10 12:45:40 UTC ]
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Nielsen’s TV Measurement Woes Continue As It Admits OOH Undercounting Since 2020

On Tuesday, Nielsen was excitedly looking ahead to its future, touting next month's rollout of Nielsen One Alpha, the first version of its cross-platform tool that will enable publishers and marketers to transact on a single metric across linear and digital platforms. With Disney and Magna among... Continue reading at AdWeek

[ AdWeek | 2021-12-23 13:56:54 UTC ]
More news stories like this | News stories tagged with: #cross-platform tool #enable publishers #single metric #digital platforms #nielsen


Creative Access data shows sharp decline in financial stability for publishing staffers

Creative Access has released research to coincide with its 10-year anniversary, revealing the disproportionate impact of Covid-19 on people from under-represented groups in publishing, including a sharp decline in financial stability. Continue reading at The Bookseller

[ The Bookseller | 2021-12-17 03:20:02 UTC ]
More news stories like this | News stories tagged with: #creative access #10-year anniversary #disproportionate impact #under-represented groups #sharp decline


Sales, Earnings Up in Q2 at Wiley

With all three of its operating segments posting increases, John Wiley & Sons reported that revenue for the second quarter ended October 31, 2021, rose 9% over last year, to $533 million, and operating income increased 6%, to $73.9 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-07 05:00:00 UTC ]
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Open Access: Germany’s Knowledge Unlatched Acquired by Wiley

Announcing its acquisition of Knowledge Unlatched, Wiley stresses the need to simplify open-access transactions for both libraries and publishers. The post Open Access: Germany’s Knowledge Unlatched Acquired by Wiley appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-12-03 04:15:48 UTC ]
More news stories like this | News stories tagged with: #open access #knowledge unlatched #libraries


How Hanif Abdurraqib Cuts Through the Noise

He is a National Book Award finalist for “A Little Devil in America,” but he has more books to write, more projects to take on and more s’mores to research. Continue reading at The New York Times

[ The New York Times | 2021-11-14 22:29:28 UTC ]
More news stories like this | News stories tagged with: #national book award