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 ]
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Quarto confirms four UK job cuts

Four jobs have gone in the UK as part of the recent round of job cuts revealed with the company's half-year results yesterday, a Quarto spokesperson has confirmed. Continue reading at The Bookseller

[ The Bookseller | 2018-09-19 00:00:00 UTC ]
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Quarto reports 'encouraging' first half, but cuts jobs and closes Minneapolis office

Quarto has reported an "encouraging" trading performance for the first six months of 2018, including a group revenue rise of 12% year-on-year to $56.2m (2017: $50.2m) and an improved gross profit margin of 50.1% (2017: 48.2%). Continue reading at The Bookseller

[ The Bookseller | 2018-09-18 00:00:00 UTC ]
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Global Publishing Leaders 2018: John Wiley & Sons

Wiley's publishing segment provides scientific, professional, and education books and related content in print and digital formats, as well as test preparation services and course workflow tools, to libraries, corporations, students, professionals, and researchers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-14 00:00:00 UTC ]
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Turkish Publishers Association calls for 'solidarity' during financial crisis

The president of the Turkish Publishers Association has called for international publishers to temporarily abandon the advance payment system when negotiating new rights deals in order to "show solidarity with Turkish publishers" during the country's financial crisis. Continue reading at The Bookseller

[ The Bookseller | 2018-08-16 00:00:00 UTC ]
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Working class writers' festival planned for 2020

Authors, publishers and trade professionals are joining together to launch a working class writers’ festival. Continue reading at The Bookseller

[ The Bookseller | 2018-08-15 00:00:00 UTC ]
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Canadian Publishing 2018: Canada Prepares for Frankfurt 2020

The country will be the guest of honor at the world’s largest book fair in two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-14 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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'Just use cat videos': New York Times boss wants Facebook to cut out news

Mark Thompson says site’s attempts to rank news outlets sounds like ‘controlled society’Facebook should consider completely removing news from users’ feeds unless it can find a way to avoid low-quality stories clogging up the site, the chief executive of the New York Times has said.Mark Thompson... Continue reading at The Guardian

[ The Guardian | 2018-08-03 00:00:00 UTC ]
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Tronc chief executive Justin Dearborn cuts the price again on Florida home

Justin Dearborn, chief executive officer of publishing company Tronc Inc., has lowered the price on his Naples, Fla., home to $409,900, down from $419,000. That’s the fourth price-chop the one-story house has received this year. Hmm … can you say motivated seller? Built in 2004, the home opens... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-08-03 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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John Wiley saw 5% revenue jump in 2018

Academic publisher John Wiley has reported an increase in revenue in both its fourth quarter 2018 and whole fiscal year reports, driven by strong operational performance and favourable impacts from foreign currency. Continue reading at The Bookseller

[ The Bookseller | 2018-06-14 00:00:00 UTC ]
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Wiley Overcomes Soft Publishing Results to Finish FY18 Strong

Revenue fell 2% in John Wiley's publishing division in the fiscal year ended April 30, compared to fiscal 2017. However, increases in the company's other two groups led to a 5% increase in sales and a 16% gain in earnings for the entire company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-12 00:00:00 UTC ]
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Amid Financial and Digital Disruption, Print Remains a Powerful Medium for Human Emotion

Far from a nostalgia tour, speakers at the ModMag NY summit celebrate the enduring power of magazines past, present, and future. The post Amid Financial and Digital Disruption, Print Remains a Powerful Medium for Human Emotion appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-06-01 00:00:00 UTC ]
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Fiscal 2018 Earnings Jump 82% at Educational Development Corp.

The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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Sales, Earnings Rose at Indigo in Fiscal 2018

Revenue at Indigo Books & Music rose 5.8% and net earnings increased by a slightly lesser amount, 4.3%, in the fiscal year ended March 31, 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move

Modern Luxury announces new group publisher, Galerie taps new EIC, and more people on the move. The post More Cuts and a New Executive Fashion Director at Vanity Fair| People on the Move appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2018-05-23 00:00:00 UTC ]
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After Strong Fiscal '18, Bloomsbury Sees Better Year Ahead

A 20% increase in its consumer group contributed to double-digit gains in sales and earnings at Bloomsbury for 2018. The U.K. house has ambitious plans for the current year, including an acceleration of its growth in the U.S. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-22 00:00:00 UTC ]
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Book clinic: do editors often have to cut authors down to size?

Overwriting is a common problem among beginners, but it happens to the best of them – ask a professional editorMost writers I know massively overwrite. How common is it for a published author to have had an editor do a big cutting job?Retired 72-year-old psychotherapist, living in IndiaRichard... Continue reading at The Guardian

[ The Guardian | 2018-04-21 00:00:00 UTC ]
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Skyhorse Reorg Leads to Cuts in Titles, Staff

Skyhorse Publishing has implemented a major reorganization that will reduce the total number of titles it publishes annually by about 25%, and cut 16 positions from its full-time staff of 77. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-04-10 00:00:00 UTC ]
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Meredith plans to sell off Time, Fortune and Sports Illustrated and cut 1,000 jobs

Meredith Corp., which bought Time Inc. and its stable of magazines in January, plans to sell the flagship publication Time, as well as Sports Illustrated, Fortune and the Money brand, after completing a review of the $1.8-billion deal. The company also intends to eliminate about 1,000 jobs over... Continue reading at Los Angeles Times

[ Los Angeles Times | 2018-03-22 00:00:00 UTC ]
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