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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BuzzFeed to lay off 200 staff in latest round of cuts

Online publisher announces job losses to shore up finances as Verizon unveils plan to sack 800 workersBuzzFeed has announced plans to lay off hundreds of staff, as digital media firms struggle to turn a profit while dealing with the same financial issues that have plagued traditional publishers... Continue reading at The Guardian

[ The Guardian | 2019-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #jonah peretti #financial issues #announced plans #latest round


Wiley's gender pay gap deepened in 2018

The latest gender pay gap report from Wiley, which takes data for UK staff from April 2018, shows a median pay gap of 22.7%, up from 21.5% the previous year. Continue reading at The Bookseller

[ The Bookseller | 2019-01-24 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #uk staff


Bradford libraries face £2m cuts

Bradford libraries are facing up to £2m in cuts, 65% of the budget, over the next two years, as the local council outlines plans to turn existing libraries into “community hubs”.  Continue reading at The Bookseller

[ The Bookseller | 2019-01-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #community hubs


Gov. Gavin Newsom's Facebook ads in swing states stir 2020 speculation

Political ads featuring California Gov. Gavin Newsom are popping up on Facebook in Ohio, Florida and other swing states in the 2020 presidential election, stirring speculation about whether the Democrat is testing the waters for a potential White House run. Newsom, who was sworn into office less... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-20 00:00:00 UTC ]
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Rep. Ilhan Omar, Somali refugee turned congresswoman, to publish memoir in 2020 

Rep. Ilhan Omar, who made headlines last November after becoming the first Somali American ever elected to the U.S. Congress, will tell her life story in an upcoming memoir, Forbes reports. Omar, a Democrat from Minnesota, is writing "This Is What America Looks Like" for publisher Dey Street... Continue reading at Los Angeles Times

[ Los Angeles Times | 2019-01-19 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #upcoming memoir #life story #made headlines #publish memoir


Breaking Down Financial Woes for Writers

The recent Authors Guild survey showed that median income for fulltime writers in 2017 was $20,300. The numbers get worse from there. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #median income #financial woes


Bluemoose reveals plans to publish only female writers in 2020

Bluemoose Books has revealed it will only publish female writers in 2020, with co-owner Kevin Duffy lamenting how “women over a certain age are overlooked in the publishing world”. Continue reading at The Bookseller

[ The Bookseller | 2019-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #publishing world #bluemoose books #female writers


Eccles Centre partners with Hay Festival for 2020 Writer’s Award

The Eccles Centre at the British Library is joining forces with Hay Festival on the Centre's £20,000 Writer’s Award, which will become the Eccles Centre and Hay Festival Writer’s Award. Continue reading at The Bookseller

[ The Bookseller | 2019-01-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #joining forces #british library #hay festival


Wiley in 'transformative' partnership with German academic institutions

Wiley has signed what it describes as a “transformative” partnership with Projekt DEAL, which represents nearly 700 academic institutions in Germany. Continue reading at The Bookseller

[ The Bookseller | 2019-01-16 00:00:00 UTC ]
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After Stephen King Tweeted at a Maine Paper for Cutting Book Reviews, It Gave Readers a ‘Scary Good’ Offer

The Portland Press Herald in Maine said it would bring back its local book reviews if the author and his followers brought in 100 new subscriptions. They brought in twice that. Continue reading at The New York Times

[ The New York Times | 2019-01-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #bring back


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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Financially Strapped Digital News Site Mic Looks for a Buyer as Layoffs Loom

Digital news publisher and suddenly-strapped-for-cash Mic is in sales talks, according to sources familiar with the matter who speculated that Bustle Digital Group (BDG) or its founder, Bryan Goldberg, might end up buying it. Mic was founded in 2011 and has largely targeted millennials, covering... Continue reading at AdWeek

[ AdWeek | 2018-11-29 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #social issues #bryan goldberg #sources familiar #layoffs loom


Wiley Teams with RBmedia for Audiobooks

Per an agreement announced November 19, John Wiley & Sons and RBmedia will partner to publish more than 650 Wiley audiobooks over the next three years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-21 00:00:00 UTC ]
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B&N Cuts Q2 Losses as Comp Sales Improve

Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #operating loss


Amazon is now taking a 30 percent cut of ad sales from Fire TV

Amazon is taking a bigger piece of ad sales on Fire TV, its connected TV devices, by requiring TV networks and digital publishers to hand over 30 percent of their commercial space for it to sell, according to new terms from the e-commerce giant.Until last month, Amazon let the publishers sell... Continue reading at Advertising Age

[ Advertising Age | 2018-11-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ad revenue #e-commerce giant #commercial space #digital publishers #bigger piece #ad sales #ad inventory


Seventeen Magazine Cutting Publication Schedule to ‘Special’ Issues Only

Seventeen magazine says they will only print special issues next year, timed around news events and "key moments" for readers as Hearst prioritizes growing its brands digitally. "Seventeen is leading an authentic conversation with a growing audience, from social issues to important life advice,... Continue reading at AdWeek

[ AdWeek | 2018-11-16 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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Sharjah Grows As Deals Are Cut at Pre-Fair Publishing Conference

The 37th Sharjah International Book Fair brought nearly 380 publishers and agents to UNESCO's Cultural Capital of the Arab World for a rights-oriented pre-fair publishing conference as issues plaguing freedom to publish worldwide hung over panel discussions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-31 00:00:00 UTC ]
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The New York Times is cutting its online price, but there’s a catch

The $12.99/month package bundles online access to the Times with nearly unlimited ebooks, audiobooks, and other material from Scribd. With 3.8 million subscribers–2.9 million paying just for digital access–The New York Times has been one of the early success stories for paywalls, which partly or... Continue reading at Fast Company

[ Fast Company | 2018-10-17 00:00:00 UTC ]
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Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO

Kuala Lumpur is the 2020 World Book capital; more political books in the US released and compete with growing sales of Woodward's 'Fear'; and PRH has a new CFO. The post Industry Notes: 2020 World Book Capital; Political Book Sales in the US; PRH Names New CFO appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-09-21 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #growing sales #political books #kuala lumpur