Revenue

Pearson Investors Unclear of Company Vision as Shares Tumble
November 16, 2015 at 9:58 am

Pearson investors have “little visibility” on what the company may do in the next few months, one analyst has warned, while another has said further restructuring at the academic publisher was “almost inevitable.” The analysts were speaking after the share price at the company tumbled last week, down 5.6% at 773.00p on 12th November. One…

Press Release: Bertelsmann Achieves Record Profits in First 9 Months of 2015
November 13, 2015 at 2:48 pm

GÜTERSLOH, Germany—November 13, 2015—The international media, services and education company Bertelsmann has achieved a record operating profit after nine months of 2015, with its revenues on the rise. As of September 30, 2015, Group revenues were up by 2.8 percent compared to the same period last year, to €12.2 billion (previous year: €11.8 billion). This…

Barnes & Noble's New CEO Sees Non-Book Items as Key to Holidays
November 9, 2015 at 2:29 pm

For Barnes & Noble Inc., it’s going to be a hands-on holiday season, said new Chief Executive Officer Ron Boire. The biggest U.S. bookstore chain is counting on new do-it-yourself merchandise such as Raspberry Pi computer kits, art supplies, journals and even a Benedict Cumberbatch coloring book to lure shoppers at Christmas and beyond. Toys…

Self-Publishing & Big Five Dominate Book Market, According to Nielsen
November 9, 2015 at 11:14 am

Frankfurt Book Fair 2015 is in the rearview mirror but there were a few noteworthy tidbits gleaned from the event. Nielsen’s Jonathan Stolper shared some of the more important facts and figures in his state-of-the-U.S.-market presentation. Although you can argue Nielsen’s data isn’t complete and it’s therefore far from perfect, it’s one of the few…

Press Release: HarperCollins Q3 Revenue Increased 1% Compared to 2014
November 6, 2015 at 11:12 am

NEW YORK—November 5, 2015—News Corporation (“News Corp” or the “Company”) (NASDAQ:NWS, NWSA; ASX:NWS, NWSLV) today reported financial results for the three months ended September 30, 2015. Commenting on the results, Chief Executive Robert Thomson said: “News Corp is on track in its transition to a more digital and global future, having successfully integrated several recent…

Academic Publishing Can't Remain Such a Great Business
November 4, 2015 at 2:35 pm

Publishers of academic journals have a great thing going. They generally don't pay for the articles they publish, or for the primary editing and peer reviewing essential to preparing them for publication (they do fork over some money for copy editing). Most of this gratis labor is performed by employees of academic institutions. Those institutions,…

Barnes & Noble May Be Worth Twice its Current Value, Reports Barron's
October 28, 2015 at 12:09 pm

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value. The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge,…

Digital "Threat" Is Not Over for Book Publishers
October 27, 2015 at 1:34 pm

Despite several articles declaring a stagnation, if not decline, of the ebook market, we have seen 8-percent growth in earnings for a cohort of publishers. These publishers are a representative set and cover a range of company sizes and title-counts. The sales data generated by this cohort of approximately 200 publishers show that growth has…

Amazon Posts an Unexpected Profit, and its Shares Soar
October 23, 2015 at 2:20 pm

Amazon is selling a lot of things to a lot of people, and is even managing to carve out a little profit in the process. The Seattle-based e-commerce, computing and entertainment company reported on Thursday that it made $79 million in the third quarter, or 17 cents a share. That is pocket change, considering the…

Nielsen Values Indian Publishing at $3.9 Billion
October 21, 2015 at 2:16 pm

The India Book Market Report released by Nielsen at Frankfurt Book Fair last week values the print book market in India, including book imports, at $3.9 billion. This positions India among the largest English-language book markets in the world. The compound annual growth rate of the market is 20.4% between 2011-12 and 2014-15, according to…