A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
News tagged with:
#5% drop
#operating loss
#financial forecast
As in life, saying goodbye is not easy for storytellers. Parting can be such sweet sorrow or such putrid disappointment. Continue reading at The Washington Post
[ The Washington Post | 2020-10-19 12:00:00 UTC ]
More news stories like this | News stories tagged with:
#sweet sorrow
While the Dow Jones Industrial Average rose 7.6% in the quarter ended September 30, the PW Stock Index fell 6.1%, with companies involved in the educational market hit hardest. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-02 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#companies involved
Higher sales of a range of digital and online products offset continued declines in print revenue, leading to a 2% increase in sales in the first quarter of fiscal 2021 at John Wiley & Sons. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-04 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#higher sales
#print revenue
#2% increase
Titles leaning more heavily into e-commerce include Cosmopolitan, Good Housekeeping, Digital Spy and Runner’s World. The post How Hearst UK’s e-commerce revenue grew 322% during the second quarter appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2020-08-21 04:01:50 UTC ]
More news stories like this | News stories tagged with:
#hearst uk
#good housekeeping
#hearst
Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller
[ The Bookseller | 2020-08-13 04:17:15 UTC ]
More news stories like this | News stories tagged with:
#fiscal year
Book sales fell 11% by volume year-on-year in the second quarter of 2020, estimates by Nielsen suggest, although there have been gains on 2019 since bookshops reopened. Continue reading at The Bookseller
[ The Bookseller | 2020-07-05 21:42:39 UTC ]
More news stories like this | News stories tagged with:
#bookshops reopened
#nielsen
On Tuesday, Bloomberg Media launched Bloomberg Green, a new quarterly print magazine focused on climate change solutions. The latest offshoot of the "Bloomberg Green" brand, which first debuted in January, the print edition complements an existing web vertical and daily newsletter of the same... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-09 21:09:53 UTC ]
More news stories like this | News stories tagged with:
#long time
#important topics
#morgan stanley
#costs $5
#digital subscription
#future issues
After a scare in March, the first quarter of its new fiscal year, Educational Development Corporation said that it now expects to have a record first period with sales between $36.5 million and $38.5 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#fiscal year
Simon & Schuster's worldwide revenues rose to $170m in the three months to the end of March, up from $164m in the same quarter in 2019, parent company ViacomCBS has reported. Continue reading at The Bookseller
[ The Bookseller | 2020-05-11 08:42:31 UTC ]
More news stories like this | News stories tagged with:
#simon schuster
Global revenues at HarperCollins fell 2% year on year for the three months ending 31st March while parent firm News Corp reported an 8% decline over the same period. Continue reading at The Bookseller
[ The Bookseller | 2020-05-10 13:25:40 UTC ]
More news stories like this | News stories tagged with:
#harpercollins sales
#global revenues
#8% decline
#news corp
#harpercollins
Publisher Wiley has announced a co-operation agreement with academic networking site ResearchGate to explore ways in which the two can work together "to better support the needs of researchers through ResearchGate’s collaboration platform". Continue reading at The Bookseller
[ The Bookseller | 2020-05-07 11:31:25 UTC ]
More news stories like this |
A first assessment of the Chinese market, January to March, shows physical bookstore sales plunging 60+ percent, printing stalled, supply chain disrupted. The post First Quarter Industry Report: The Coronavirus Hits China’s Publishing appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-05-05 03:15:53 UTC ]
More news stories like this | News stories tagged with:
#publishing appeared
#chinese market
#bookstore sales
Penguin Random House owner Bertelsmann has reported a first quarter revenue decline of 2.7% in what it said was a “satisfactory” performance given the challenge of Covid-19. Continue reading at The Bookseller
[ The Bookseller | 2020-04-29 16:46:13 UTC ]
More news stories like this | News stories tagged with:
#bertelsmann reports
#quarter decline
#bertelsmann
#penguin random house
Pearson has reported it will pay its final dividend for 2019 to investors and is not furloughing any staff, despite a 5% fall in global revenues for the first quarter as a result of Covid-19. Continue reading at The Bookseller
[ The Bookseller | 2020-04-23 16:58:47 UTC ]
More news stories like this | News stories tagged with:
#5% fall
#global revenues
#pearson
Boldwood Books has added another six authors to its list and reported a “strong” first quarter in 2020, with a marked increase in e-book sales during the lockdown. Continue reading at The Bookseller
[ The Bookseller | 2020-04-21 08:34:57 UTC ]
More news stories like this | News stories tagged with:
#boldwood books
#e-book sales
Publishing sales got off to a decent start in 2020—but as the new coronavirus increased its grip on the country’s economy, sales have softened. The business outlook for the second quarter is, at best, uncertain. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-04-10 04:00:00 UTC ]
More news stories like this | News stories tagged with:
#publishing sales
#good start
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 ]
More news stories like this | News stories tagged with:
#coronavirus outbreak
#$50 million
#adjusted ebitda
An awesome daily roundup of the most interesting bookish links from around the web! Continue reading at Book Riot
[ Book Riot | 2020-03-29 10:30:48 UTC ]
More news stories like this | News stories tagged with:
#quarter-life crisis
#critical linking
For the quarter ended January 31, 2020, John Wiley reported that revenue rose 4% over last year’s third quarter, to $467.1 million, and net income increased 1.4%, to $35.4 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-04 05:00:00 UTC ]
More news stories like this |
The book trade has expressed disappointment at the cancellation of the London Book Fair but accepted that it was the right call, as the UK works on containment of the coronavirus outbreak. Continue reading at The Bookseller
[ The Bookseller | 2020-03-04 04:39:23 UTC ]
More news stories like this | News stories tagged with:
#expressed disappointment
#coronavirus outbreak
#london book fair
#book trade