John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were understandable, or at least not unique. Most big US educational publishers were too optimistic about the numbers of students enrolling in US colleges and the pace at which all students would opt to rent, rather than buy, their textbooks. Related: Pearson profit warnings wipe almost £2bn off its value Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2017-01-18 00:00:00 UTC ]
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John Fallon has presided over a string of mishaps at the educational giant and a plunge in the share priceForecasting is difficult, especially about the future, as the old line goes – but is it quite as hard as John Fallon, chief executive of Pearson, makes it seem?Two errors in 2016 were... Continue reading at The Guardian
[ The Guardian | 2017-01-18 00:00:00 UTC ]
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Pearson has warned its profits will be hit, and paused its share buyback, after the Covid-19 pandemic closed testing centres and saw US state assessments postponed or waived. Continue reading at The Bookseller
[ The Bookseller | 2020-03-22 23:25:19 UTC ]
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The education business sold nearly half its stake in the publisher to Bertelsmann, but much of the proceeds will be reinvestedPearson is still going to own a quarter of Penguin Random House, so it’s not too late to hope that it can learn to tell a story like it is. Please, drop this bland... Continue reading at The Guardian
[ The Guardian | 2017-07-12 00:00:00 UTC ]
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The educational publisher Pearson has warned of an "unprecedented" fall in sales in the US. Continue reading at BBC News
[ BBC News | 2017-01-18 00:00:00 UTC ]
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Education giant plans sale of stake in Penguin Random House to Bertelsmann as it cuts payout to shareholdersAlmost £2bn was wiped from the stock market value of Pearson after the beleaguered FTSE 100 company issued profit warnings for the next two years and said it would cut its payout to... Continue reading at The Guardian
[ The Guardian | 2017-01-18 00:00:00 UTC ]
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World’s biggest education publisher aims to make £350m in cost savings by the end of 2017Pearson is to cut 4,000 jobs after issuing its second profit warning in three months. The world’s biggest education publisher said it aimed for annual savings of £350m by the end of 2017 and it would end its... Continue reading at The Guardian
[ The Guardian | 2016-01-21 00:00:00 UTC ]
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Education publisher, which is in the process of selling off the Financial Times, blames ‘challenging’ market as it suffers biggest share price fall since 1987Pearson suffered its biggest share slump in decades on Wednesday as the education publisher’s stock price crashed almost 16% after issuing... Continue reading at The Guardian
[ The Guardian | 2015-10-21 00:00:00 UTC ]
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While still in the early stages of the legislative process, the proposed bill in Texas would require publishers to develop a new rating system for books, and would give Texas state officials the power to bar schools from doing business with publishers who do not comply with the state’s directives. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-11-17 05:00:00 UTC ]
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Michael Pietsch will be replaced on Jan. 1 by the chief executive of Hachette UK, who will helm both divisions, bringing them into closer alignment. Continue reading at The New York Times
[ The New York Times | 2023-11-14 20:01:58 UTC ]
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PEN America says it sees book publishing 'at a crossroads' in a new report warning of cancel culture, review-bombing, and book banning. The post Beyond Book Banning: PEN America Warns of ‘Booklash,’ Self-Censorship appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-08-07 21:16:27 UTC ]
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After the death last year of children’s author Shirley Hughes, her son took hundreds of her books, including the award-winning Dogger, to libraries in Ukraine, where reading is helping to heal the children traumatised by warThe National Library of Ukraine for Children in Kyiv, a city at war for... Continue reading at The Guardian
[ The Guardian | 2023-04-09 07:00:44 UTC ]
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Ex-president blocked Shealah Craighead plan and then made up to $20m from publishing images in own memoir, New York Times saysDonald Trump blocked plans by his chief White House photographer to publish a book of pictures of his time in power – then published a book of such images himself, the... Continue reading at The Guardian
[ The Guardian | 2022-03-31 22:37:41 UTC ]
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Pearson has seen full-year group sales up 8% in 2021 with profits expected to boom by a third, the company revealed in a trading update. Continue reading at The Bookseller
[ The Bookseller | 2022-01-18 18:17:49 UTC ]
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While efforts to remove books from schools and library collections are common, freedom to read advocates warn that the current, unprecedented spike in challenges is different. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-11-18 05:00:00 UTC ]
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The canon of popular American literature not only unified the culture, it helped create the national narrative of individualism and self-reliance. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2021-07-16 14:03:05 UTC ]
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Vic Perry, formerly of Jaguar Land Rover, has been appointed as the c.e.o. of the Book Trade Charity (BTBS), taking over from David Hicks when he retires on 31st March after 27 years. Continue reading at The Bookseller
[ The Bookseller | 2021-01-18 13:49:20 UTC ]
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HarperCollins recently reissued Writing Past Dark, by Bonnie Friedman, the classic, bestselling guide to the emotional side of the writer’s life, marking the book’s 25th anniversary. Three decades ago, when Friedman was fresh out of the Iowa Writers Workshop, the New York Times Book Review... Continue reading at Literrary Hub
[ Literrary Hub | 2020-10-29 08:48:36 UTC ]
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Wade through the vast library and a horrifying picture emerges: an ignorant, narcissistic, racist liar with a strange relationship with his daughter and senior adviserDonald Trump is not a reader but to the publishing industry he is the gift that keeps on giving. His time in the White House has... Continue reading at The Guardian
[ The Guardian | 2020-10-11 05:00:04 UTC ]
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Quarto warns of lower trading as a result of Covid-19, but highlights improved profits in its latest full-year Continue reading at The Bookseller
[ The Bookseller | 2020-04-23 08:44:01 UTC ]
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W H Smith has warned the impact of the coronavirus outbreak could cut its profit by up to £40m as the pandemic hits its Travel business. Continue reading at The Bookseller
[ The Bookseller | 2020-03-12 09:57:11 UTC ]
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