Will the Pearson chief be brought to book over profits warnings? | Nils Pratley

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 ]
News tagged with: #pearson chief #students enrolling #profits warnings #john fallon #educational publishers

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Gallic to open Belgravia Books next month

Written By: Lisa Campbell Publication Date: Tue, 09/08/2011 - 13:45 An independent bookshop to be run by an indie publisher will host an interactive website and offer home delivery when it opens in London next month. Belgravia Books, launched by publisher Gallic Books, will first welcome... Continue reading at The Bookseller

[ The Bookseller | 2011-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #independent bookshop #indie publisher #belgravia books #26th september


Book chains in talks with police to protect stores

Written By: Graeme Neill Publication Date: Tue, 09/08/2011 - 14:10 Waterstone's and WH Smith closed stores across riot-stricken areas in London as the violence appears set to continue into a fourth night. A Waterstone's spokesperson said it was closing stores early depending on police advice... Continue reading at The Bookseller

[ The Bookseller | 2011-08-09 00:00:00 UTC ]
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July retail growth "modest", amid poor book market

Written By: Philip Jones Publication Date: Tue, 09/08/2011 - 09:43 July retail sales saw a modest improvement, according to figures from the British Retail consortium, though book sales fell to their lowest level for seven years with food continuing to outperform non-food items. read more Continue reading at The Bookseller

[ The Bookseller | 2011-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #modest improvement #lowest level


Pearson buys Stark Holdings

Written By: Graeme Neill Publication Date: Tue, 09/08/2011 - 09:14 Pearson has bought German educational materials company Stark Holdings. The company provides text preparation resources for pupils and teachers. It had sales of €20m for its most recent financial year and has gross assets... Continue reading at The Bookseller

[ The Bookseller | 2011-08-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #german business #regulatory approval


Media Cache: After Much Ado, a Google Book Deal in France

Could the Internet giant's deal with Hachette Livre clear a path for a deal to settle longstanding litigation in the United States? Continue reading at The New York Times

[ The New York Times | 2011-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #media cache #internet giant


Baltimore libraries will soon check out Nooks in addition to books

Pilot program to lend out electronic readers, pre-loaded with best-sellersThe City That Reads will soon be a leader in bringing new technology to library patrons — electronically. Two branches of the Enoch Pratt Free Library will begin lending 28 Nook e-readers preloaded with almost two dozen... Continue reading at Baltimore Sun

[ Baltimore Sun | 2011-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pilot program #electronic readers


Harry Potter's Pottermore E-Book Site is Now Open--for Scammers

Scam artists are selling fake early access to the Pottermore Web site or asking for personal data to register an "account." Either way, you're going to be sorry if you interact with them. Continue reading at PC World

[ PC World | 2011-08-05 00:00:00 UTC ]
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Ross mulls “TV Kids Book Club”

Written By: Caroline Horn Publication Date: Fri, 05/08/2011 - 14:23 Publishers have welcomed the news that Amanda Ross, Cactus TV md, may launch a television programme dedicated to children’s books. read more Continue reading at The Bookseller

[ The Bookseller | 2011-08-05 00:00:00 UTC ]
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Decemberists' singer writes kids book for Canongate

Written By: Graeme Neill Publication Date: Fri, 05/08/2011 - 11:01 Canongate has bought a children’s book written by the lead singer of American indie rock band The Decemberists. Senior editor Francis Bickmore bought UK and Commonwealth rights (excl Canada, Australia and New Zealand) to... Continue reading at The Bookseller

[ The Bookseller | 2011-08-05 00:00:00 UTC ]
More news stories like this | News stories tagged with: #lead singer #angharad kowal #writers house


July books spending hits seven year low

Written By: Philip Stone Publication Date: Thu, 04/08/2011 - 15:50 Spending on physical books in July slumped to its lowest level in seven years as ebooks continue to encroach onto traditional bookseller territory. According to Nielsen BookScan data, £111.5m was spent on printed books in the... Continue reading at The Bookseller

[ The Bookseller | 2011-08-04 00:00:00 UTC ]
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SoA takes short story campaign to BBC chief

Written By: Charlotte Williams Publication Date: Thu, 04/08/2011 - 09:20 The Society of Authors, the Writers' Guild of Great Britain and actors' union Equity have jointly sent letters to both BBC Trust chairman Lord Patten and director general Mark Thompson, asking them to stop the BBC Radio 4... Continue reading at The Bookseller

[ The Bookseller | 2011-08-04 00:00:00 UTC ]
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Rasmussen new Macmillan Children's Books m.d.

Written By: Charlotte Williams Publication Date: Mon, 01/08/2011 - 15:54 Macmillan Children's Books has appointed current Carlton Publishing m.d. Belinda Rasmussen to the role of publisher. She will report directly to Pan Macmillan m.d. Anthony Forbes Watson, and will join the Pan Macmillan... Continue reading at The Bookseller

[ The Bookseller | 2011-08-01 00:00:00 UTC ]
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Pan Mac buys third book from Orion's Wright

Written By: Charlotte Williams Publication Date: Mon, 01/08/2011 - 14:32 Pan Macmillan has bought the third novel by Orion senior rights manager Pippa Wright, entitled The Foster Husband. Senior commissioning editor for fiction Jenny Geras acquired UK and Commonwealth rights from Andrew Kidd... Continue reading at The Bookseller

[ The Bookseller | 2011-08-01 00:00:00 UTC ]
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Book clubs in America: Why do we love them so much?

A casual observer of the book-club scene could be fooled into thinking that this summer was a hard one for the nation's leisure readers. Late in spring, Oprah's club shuttered, stranding publishers in what promises to be a long shoal of short print runs and offering the rest of us one literary... Continue reading at Slate

[ Slate | 2011-07-30 00:00:00 UTC ]
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Rupert Murdoch's Disaster Is Already an E-Book

Vanity Fair gets a compilation into the Kindle and Nook stores: Twenty previously published stories for $4, heavy on the Michael Wolff. Continue reading at AllThingsD

[ AllThingsD | 2011-07-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #vanity fair #nook stores #michael wolff


Penguin's sales and profits fall in first half as digital rises

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 09:30 Penguin reported lower sales and profits in the first half of 2011 as it adjusted to the "unprecedented challenges" afflicting the publishing sector including the loss of high street booksellers in the US and Australia... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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Random House profits marginally down in 2010

Written By: Charlotte Williams Publication Date: Fri, 29/07/2011 - 14:59 The Random House Group's turnover for 2010 is understood to have been £296m, staying level with 2009. Profit was slightly down on 2009, falling from £44.3m to £42.5m, following a year of digital investment and challenges... Continue reading at The Bookseller

[ The Bookseller | 2011-07-29 00:00:00 UTC ]
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World Book Night confirms US launch

Written By: Charlotte Williams Publication Date: Thu, 28/07/2011 - 15:19 World Book Night will launch in the US in 2012, with the States confirmed as the event's first international partner. HarperCollins vice president of independent retailing Carl Lennertz has been appointed as chief... Continue reading at The Bookseller

[ The Bookseller | 2011-07-28 00:00:00 UTC ]
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Profits surge at OUP

Written By: Lisa Campbell Publication Date: Thu, 28/07/2011 - 14:11 Oxford University Press has described a surge in pretax profit by nearly 25% as "excellent", but said it does not underestimate the challenges publishers are facing. The academic publisher has reported pretax profits of... Continue reading at The Bookseller

[ The Bookseller | 2011-07-28 00:00:00 UTC ]
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Irish authorities clear Amazon Book Depository acquisition

Written By: Graeme Neill Publication Date: Wed, 27/07/2011 - 07:40 The Irish Competition Authority has cleared the acquisition of The Book Depository by Amazon after a three-week investigation into the deal. In a short statement, the authority said: "[We have] formed the view that the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-27 00:00:00 UTC ]
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