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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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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Sales, Earnings Rose 6% at PRH in 2019

Revenue at Penguin Random House rose to €3.64 billion last year and earnings increased to €561 million. CEO Markus Dohle noted that despite the record year, the spread of the coronavirus means that the publisher will "have to endure some impact" to its business this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-24 04:00:00 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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Coronavirus live updates: Hachette reports increased book orders from China

Hachette UK c.e.o. David Shelley says the firm has seen an increase in book orders from China once again after "several months of very low orders" as a result of the coronavirus outbreak. Continue reading at The Bookseller

[ The Bookseller | 2020-03-18 16:34:39 UTC ]
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The UK’s 2020 World Book Day: ‘Reading in Sharp Decline’

Armed with new and disturbing survey information about youth reading from the National Literary Trust, this year's UK World Book Day hands out book tokens. The post The UK’s 2020 World Book Day: ‘Reading in Sharp Decline’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-05 15:46:41 UTC ]
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Indies increasingly dominating translated fiction

Indie presses are increasingly dominating translated fiction because of the way they find and promote authors, according to an analysis of the longlists for the Booker International Prize and its predecessor. Continue reading at The Bookseller

[ The Bookseller | 2020-02-28 06:05:08 UTC ]
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Constable to publish 'Fun House' host Pat Sharp's memoir

Constable is publishing a memoir by radio and television presenter Pat Sharp, best known for hosting ITV children’s game show "Fun House". Continue reading at The Bookseller

[ The Bookseller | 2020-02-27 13:41:07 UTC ]
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Earnings Up, Sales Dipped at HBG

Profits rose at Hachette Book Group last year over 2018 despite a 1% decline in revenue. The earnings increase was attributed to improved operating efficiencies in the year, along with higher sales of digital audiobooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Sales, Earnings Down in 2019 at S&S

A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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BA hails increase in indie bookshops for third consecutive year

The number of independent bookshops in the UK and Ireland has grown for the third consecutive year, according to new data from the Booksellers Association. Continue reading at The Bookseller

[ The Bookseller | 2020-01-09 17:00:46 UTC ]
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Kiley Reid’s Sharp First Novel About Race, Careers, and Parenthood

Such a Fun Age is Franzenesque in its interest in how we live now—but in a quieter register. Continue reading at Slate

[ Slate | 2020-01-07 12:30:00 UTC ]
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Scholastic Has Flat Q2

Sales and earnings slipped slightly in the second quarter of fiscal 2020 compared to the same time a year ago. The trade division saw a sales rise, and the company said it expects to hit its financial targets for the full fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-12-20 05:00:00 UTC ]
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Judge Rules Edward Snowden Must Surrender Earnings From Memoir to U.S. Government

Snowden's recently published memoir violated the terms of his employment contract. Continue reading at Slate

[ Slate | 2019-12-18 11:37:41 UTC ]
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Walliams hits £100m earned through BookScan

David Walliams has surpassed the £100m mark through Nielsen BookScan's Total Consumer Market, a week ahead of The Beast of Buckingham Palace (HarperCollins) hitting the charts. Continue reading at The Bookseller

[ The Bookseller | 2019-11-20 22:12:15 UTC ]
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In Germany, Focusing on This Metric Let a Newspaper Increase Reader Loyalty (and Subscribers Too)

The German publisher DuMont didn’t always track loyalty among its readers. Instead, its editors did what many in the news Continue reading at Editor & Publisher

[ Editor & Publisher | 2019-11-12 16:04:08 UTC ]
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Earnings, Sales, Drop in Q1 at HarperCollins

Profits dropped 28% at HarperCollins in the first quarter of fiscal 2020 compared to the first period of fiscal 2019, while revenue declined 3%. Parent company New Corp expects HC's financial performance to improve starting in January, the second half of the fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-11-08 05:00:00 UTC ]
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Earning Our Stripes Every Day (shelftalker)

Reflecting on “starting from scratch” with every new customer in a children’s bookstore. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-21 12:00:07 UTC ]
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Unit Sales Had Small Increase In Mid-October

With both juvenile categories posting gains, unit sales of print books inched up 0.5% in the week ended Oct. 12, 2019, over the similar week in 2018, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-18 04:00:00 UTC ]
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