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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Publishers’ candid thoughts on video: ‘Facebook is taking a cut of what used to be ours’

At the Digiday Video Anywhere Summit, video publishers spoke honestly about the challenges in platform publishing, measurement and making money. The post Publishers’ candid thoughts on video: ‘Facebook is taking a cut of what used to be ours’ appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-05-19 00:00:00 UTC ]
More news stories like this | News stories tagged with: #post publishers #candid thoughts #platform publishing #making money


Allin resigns as Wiley c.e.o.

Wiley’s chief executive and president Mark Allin has resigned for “family reasons”, effective immediately, after just over two years in the role. Continue reading at The Bookseller

[ The Bookseller | 2017-05-10 00:00:00 UTC ]
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Richard Roxburgh and Margaret Pomeranz join fight against Fairfax cuts – video

A group of Australian actors, dancers, writers and comedians – including Charlotte Wood, Zoe Coombs Marr and Marieke Hardy as well as Pomeranz and Roxburgh – have joined a video campaign calling on Fairfax management to reconsider slashes to its arts coverage. The company has announced 125 jobs... Continue reading at The Guardian

[ The Guardian | 2017-05-08 00:00:00 UTC ]
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Pearson Plans More Cuts, May Sell School Group

Pearson said it has plans to further reduce costs by $300 million, and it is also reviewing its strategic options for the K-12 courseware business. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-05-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pearson plans #reduce costs #$300 million #strategic options


Financial Times Says Paid Posts Up 400% Following Acquisition of Alpha Grid

For the first time in its 129-year history, the Financial Times said digital advertising revenue has surpassed print. The company credits a chunk of its success to content marketing studio Alpha Grid, which it acquired a controlling stake in last June.The Alpha Grid acquisition was part of a... Continue reading at Advertising Age

[ Advertising Age | 2017-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #controlling stake #larger trend #premium publishers #bottom line #branded content #$11 million


Houghton Mifflin plans to cut hundreds of employees

Houghton Mifflin Harcourt Co., the Boston-based education publisher facing financial headwinds, said it plans to cut as much as 10 percent of its workforce in effort to save money, according to regulatory filing. With a total workforce of 4,500 workers as of the end of last year, the cuts could... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2017-04-20 00:00:00 UTC ]
More news stories like this | News stories tagged with: #save money #regulatory filing


Blackwell's 2016 financial results reflect 'challenging' year

Blackwell’s losses deepened in its last financial year, with the move of one of its flagship campus shops in Manchester to a temporary venue a contributing factor. Continue reading at The Bookseller

[ The Bookseller | 2017-03-18 00:00:00 UTC ]
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Librarians Vow to Fight Trump on Funding Cuts

In a statement, the American Library Association called Trump's proposal to effectively eliminate all federal library funding "counterproductive and short-sighted," and vowed to fight. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-16 00:00:00 UTC ]
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In Face of NEA Cuts, Small Presses Worry About Their Futures

The elimination of the NEA, which is proposed in President Trump's just-released budget plan, could have a severe ripple effect on independent publishing, as hundreds of small presses depend on funding from the NEA to stay afloat. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-16 00:00:00 UTC ]
More news stories like this | News stories tagged with: #president trump #independent publishing #stay afloat


Print Sales Down at Wiley in Q3

Sales of higher education textbooks fell 27% at John Wiley in the third quarter ended January 31, compared to the third period of fiscal 2016. Sales of STM and professional books fell 12%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
More news stories like this | News stories tagged with: #print sales #john wiley


Pearson is being sued for 'over-optimistic' financial projections

A class action complaint has been filed against Pearson in the US on grounds of over-optimism for its financial projections, relating to revisions to the education company's 2017 forecast and the retraction of its ambitious £800m profit target for 2018. Continue reading at The Bookseller

[ The Bookseller | 2017-03-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #education company


Weekly E-Ranking: Backstabber cuts to the top

Kimberley Chambers’ Backstabber cut through the competition to top the Weekly E-Book Ranking in the same week that it scored the crime author her best first-week sale in hardback. Continue reading at The Bookseller

[ The Bookseller | 2017-02-25 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kimberley chambers #crime author #first-week sale


Women’s Wear Daily Scales Back Print Editions and Cuts Staff

Women's Wear Daily, the so-called "bible of fashion," will be altering its print schedule for the second time in two years and letting go of several staffers. WWD confirmed to Adweek that it will cease publishing regular, weekly print editions and instead print only special editions. "We will... Continue reading at AdWeek

[ AdWeek | 2017-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #wear daily #special editions


PFD continues Lucy Cavendish Fiction Prize sponsorship until 2020

Peters Fraser & Dunlop will continue its sponsorship of the Lucy Cavendish Fiction Prize until 2020. Continue reading at The Bookseller

[ The Bookseller | 2017-02-21 00:00:00 UTC ]
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Graeme Macrae Burnet backs campaign against Scottish library cuts

Man Booker shortlisted author Graeme Macrae Burnet has backed a national campaign against Scottish library cuts, launching today (14th February). Continue reading at The Bookseller

[ The Bookseller | 2017-02-15 00:00:00 UTC ]
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Forecasting The Future And Explaining Silicon Valley's New Religions

Fast Company talks with author Yuval Noah Harari, whose new book looks ahead and hazards a few guesses on what's next for humanity. Fast Company talks with author Yuval Noah Harari, whose new book looks ahead and hazards a few guesses on what's next for humanity.Yuval Noah... Continue reading at Fast Company

[ Fast Company | 2017-02-14 00:00:00 UTC ]
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IDW Publishing Sales Slipped in Fiscal 2016

Revenue in the IDW publishing group fell 2.3%, to $27.9 million, in the fiscal year ended October 31, 2106. Revenue for all of IDW Media Holdings rose 32.2% in the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-07 00:00:00 UTC ]
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The Big Shift in IT Leadership -- free ebook from Wiley

The IT world has undergone some major changes in recent years, but in many cases management hasn't kept up with what's happening, leaving enterprises struggling to keep up with the competition. IT leaders need to understand how they can use resources effectively to drive business growth, find... Continue reading at Betanews

[ Betanews | 2017-01-31 00:00:00 UTC ]
More news stories like this | News stories tagged with: #big shift #business growth #betanews readers


'New York Times' Cuts a Range of Bestseller Lists

As part of its effort to revamp its coverage of publishing, the 'New York Times' has eliminated a number of bestsellers lists, among them graphic novels/manga and mass market paperback lists. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #bestseller lists #bestsellers lists