Without Trade Unit, Q1 Results Stabilized at HMH

First quarter sales at learning technology company Houghton Mifflin Harcourt fell 3.7% compared to last year's first period, but its bottom line showed improvement. The trade group saw a 12% jump in sales, but those revenues are not included in HMH's official results. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-05-06 04:00:00 UTC ]

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Cover reveal: Azareen Van der Vliet Oloomi’s new novel, Savage Tongues.

Lit Hub is pleased to reveal the cover of PEN/Faulkner Award winner and author of Call Me Zebra Azareen Van der Vliet Oloomi’s next novel, Savage Tongues, which will be published by Houghton Mifflin Harcourt on August 3rd, 2021. Described as “equal parts Marguerite Duras and Shirley Jackson,... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-08 15:00:43 UTC ]
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HMH Trade Group for Sale; Archer Departs

In an attempt to become a "pure-play learning technology company," HMH is looking to sell its trade group, Houghton Mifflin Harcourt Books & Media. Group president Ellen Archer has left the company. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-04 05:00:00 UTC ]
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HMH Reorganization Will Cut 525 Jobs

As Houghton Mifflin Harcourt shifts more of its education publishing business to the creation of digital products, the company said it has implemented a restructuring program that will cut its workforce by 22% in order to save between $95 million to $100 million annually. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-01 04:00:00 UTC ]
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Better titles for ex-Trump staffers’ memoirs.

Another day, another announcement of a memoir from a former Trump collaborator. This time, it’s Fiona Hill, an ex-advisor who testified in Trump’s impeachment inquiry, whose “views about the future of a polarized America” will be published by Houghton Mifflin Harcourt in 2021. I have nothing... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-06 19:59:16 UTC ]
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Sales at HMH Took Big Hit in Q2

A 38% plunge in sales in its education group in the second quarter of 2020 led to an overall decline of 35.5% in sales at Houghton Mifflin Harcourt compared to a year ago. Costs cuts limited the impact of the sales drop on the publisher's bottom line. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-06 04:00:00 UTC ]
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Macmillan Forms Trade Management Committee to Address 'Key Issues'

Macmillan's trade group has formed a 13-member management committee aimed at bringing more diversity to setting priorities for the company's trade publishing divisions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-22 04:00:00 UTC ]
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HMH Hoping for a Second Half Rally

Total sales at Houghton Mifflin Harcourt fell only 2.4% in the first quarter of 2020 compared to a year ago, but the educational and trade book publisher said it expects its business to be "severely impacted" by the Covid-19 pandemic in the second quarter. It is projecting that most schools will... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-07 04:00:00 UTC ]
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HMH Books & Media Had Down 2019

Revenue at Houghton Mifflin Harcourt Books & Media fell 9.9% in 2019, to $180.0 million, and the division had a net loss of $8.1 million, compared to net income of $2.4 million in 2018. A decline in licensing income was cited as the main reason for the sales drop. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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Little Island sells Grehan novel to Houghton Mifflin Harcourt

Irish press Little Island Books has sold North American rights to Houghton Mifflin Harcourt for Meg Grehan’s The Deepest Breath. Continue reading at The Bookseller

[ The Bookseller | 2019-12-06 02:34:16 UTC ]
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The Trouble with “Adam”

WHEN YA PUBLISHER Houghton Mifflin Harcourt put out Ariel Schrag’s Adam in 2014, it felt predetermined that this debut novel would eventually become a movie. Indeed, the promotional materials included a trailer for an imagined film, a digital elevator pitch. Moreover, as a preexisting YA... Continue reading at Los Angeles Review of Books

[ Los Angeles Review of Books | 2019-10-26 17:00:36 UTC ]
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HMH Will Cut Workforce by 8%

As part of a financial update released last week, Houghton Mifflin Harcourt said it plans to eliminate about 8% of its workforce in another effort to align its operations with its business objectives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-10-21 04:00:00 UTC ]
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Book Deals: Week of August 5, 2019

Houghton Mifflin Harcourt lands a new Lois Lowry book, Julia Alvarez reemerges at Algonquin, and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-08-02 04:00:00 UTC ]
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Naomi Wolf faces ‘new questions’ as US publisher postpones latest book

Houghton Mifflin Harcourt had said it would stand by Outrages after row in UK over its historical accuracy, but has now recalled copies from storesNaomi Wolf’s US publisher has postponed the release of her new book and is recalling copies from booksellers, saying that new questions have arisen... Continue reading at The Guardian

[ The Guardian | 2019-06-14 12:45:53 UTC ]
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Sales, Earnings Up at Bloomsbury in Fiscal 2019

Strong revenue gains in the U.K. publisher's academic and professional division offset declines in its children's trade group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-05-21 04:00:00 UTC ]
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Amazon reports record profit with first quarter sales up 17%

Amazon has recorded a record profit of $3.6billion, with its first quarter sales up 17% to $59.7billion. Continue reading at The Bookseller

[ The Bookseller | 2019-04-27 00:00:00 UTC ]
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Last Year's Books Top This Year's First Quarter Sales

Michelle's Obama's 'Becoming,' released in early November, was the biggest title, selling 629,000 copies through outlets that report to BookScan in the period ended March 30. Only three books released in 2019 made the top 20 list in the quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-04-04 00:00:00 UTC ]
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Scholastic Q3 Revenue Boosted by Trade Group

Revenue rose 4% at Scholastic in the third quarter of fiscal 2019 over the comparable period a year ago, but higher costs caused the publisher to say its earnings for the full year will come in at the lower end of its forecast. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-03-21 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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