Wiley Has Sharp Earnings Increase in Q2

Citing “record research output and content consumption, robust online enrollment growth, and broad digital courseware adoption,” net income at John Wiley jumped 53.5% in the second quarter of fiscal 2021 on a 5.3% increase in revenue. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-12-08 05:00:00 UTC ]

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Bookstore Sales Increased 7.2% in October

After two months of declines, bookstore sales were $699 million in October, up from $649 million in October 2017. Sales were flat in the first 10 months of the year compared to 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-12-14 00:00:00 UTC ]
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APWG to 'expand scope' of author earnings investigation

The All Party Writers Group (APWG) has delayed the report divulging the results of its authors' earnings inquiry until June 2019 to "expand the scope" of the investigation. Continue reading at The Bookseller

[ The Bookseller | 2018-12-06 00:00:00 UTC ]
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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 ]
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S&S Q3 Earnings Rise on Sales Gain

After completing another solid quarter, Simon & Schuster CEO Carolyn Reidy said that while business was soft in October because of distractions caused by the upcoming election, she believes sales will rebound after the midterm elections on November 6. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-01 00:00:00 UTC ]
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US trade sales increase despite a fall in publishing revenues

Publishing revenues declined 1.4% in the US in the first three quarters of the year, despite a rise in trade revenues of 4.4%, according to the Association of American Publishers. Continue reading at The Bookseller

[ The Bookseller | 2018-10-31 00:00:00 UTC ]
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EDC Q2 Profits Jump on Small Sales Gain

Educational Development Corp.’s rapid revenue growth stalled in the second quarter ended August 31, 2018, but the company still posted earnings growth of nearly 44%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-16 00:00:00 UTC ]
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Frankfurter Buchmesse 2018 Records a Mild Increase in Attendance

Even as Georgian authors and Bavarian voters reinforce the political volatility of the context this year, Frankfurter Buchmesse records a slight increase in overall attendance. The post Frankfurter Buchmesse 2018 Records a Mild Increase in Attendance appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-10-15 00:00:00 UTC ]
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SoA welcomes PLR increase, urges action on loans decline

The Society of Authors has welcomed a proposed increase in the rate of Public Lending Right (PLR) payments, but has voiced its dissatisfaction that the number of loans has continued to decline, exacerbated by cuts in library services and the exclusion of volunteer-run libraries from the scheme. Continue reading at The Bookseller

[ The Bookseller | 2018-10-09 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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Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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NBCC, Seeking Increased Endowment, Launches Fundraiser

The National Book Critics Circle, for the first time in its 47-year history, has launched a fundraiser in order to bolster its funding for website maintenance and its new emerging critics initiative. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-22 00:00:00 UTC ]
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Shareholders vote to increase Quarto's borrowing powers

Shareholders have voted to change Quarto’s by-laws to allow the publisher to borrow more money from the bank. Continue reading at The Bookseller

[ The Bookseller | 2018-08-16 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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Regnery Has Big Q2

Second quarter sales at Regnery rose 16.7% over 2017, but softness in Salem Media's self-publishing unit led to a 9% decline in total revenue at Salem's publishing division in the second period. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-09 00:00:00 UTC ]
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Writers' groups reveal increasing demand for hardship grants

Authors' organisations have revealed an “ever-increasing” demand on financial hardship grants, with new applications to the Royal Literary Fund up a third in four years. Continue reading at The Bookseller

[ The Bookseller | 2018-08-08 00:00:00 UTC ]
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HMH Trade Sales Down 15% in Q2

With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
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Quarto proposes by-law change to increase borrowing power

Quarto is convening a special shareholders meeting later this month to propose changes to its by-laws which would allow the company, currently nursing a £47m debt burden, to increase its borrowing. Continue reading at The Bookseller

[ The Bookseller | 2018-07-31 00:00:00 UTC ]
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HBG Posts Gains in Sales and Earnings in First half of 2018

Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 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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