Thu, 16/05/2013 - 10:00
Random House parent Bertelsmann has made "significant strides" in implementing its growth strategy over the first quarter of 2013, with a 43% rise in group profit to €207m (£175m) over the period.
In its results for the 12 weeks to 31st March, operating EBIT was up to €303m (£256m), compared to €...
Thu, 16/05/2013 - 09:40
Amazon.co.uk paid £3.2m in UK tax last year, after making £7.7m in profit, according to accounts filed at Companies House today (15th May). Its turnover for the year to 31st December 2012 was put at £320m.
Both profits and turnover figures represented year-on-year rises, with profit up over 500% and turnover up 54...
Thu, 02/05/2013 - 09:00
Profits at Simon & Schuster have risen in the in the first quarter of 2013, despite a fall in sales.
S&S' parent company CBS did not break out details for S&S in the UK.
The publisher saw profits before depreciation and amortisation rise by 20%, growing to $12m (£7.7m) in the quarter ended 31st March 2013...
Fri, 12/04/2013 - 09:24
Canongate has seen steep rises in profits and turnover for the year ended 31st December 2012, with publisher and m.d. Jamie Byng describing the upturn as “hugely rewarding”.
In 2012 the company had a turnover of more than £9.6m, a rise of £1.9m (25%) on 2011’s turnover, adjusted for the sale of its 70%...
Thu, 11/04/2013 - 10:16
Book sales at W H Smith dropped 6% like-for-like in the six months to 28th February, according to the company's latest half-yearly financial results. However its range of Kobo e-readers and accessories saw a "strong performance", the company said.
W H Smith Group profit-before-tax increased 5% to £69m, even though...
Tue, 26/03/2013 - 10:40
Random House enjoyed a record year in 2012, with worldwide sales up 23% and profits up by 76%. In the UK chief executive Gail Rebuck hailed the performance as the publisher's "most successful year of all time", citing a range of bestsellers as well as e-book sales, now up to 22% of group sales.
Parent Bertelsmann does...
Tue, 12/03/2013 - 10:05
Quarto has revealed plans to cut debt by divesting of businesses "detracting from shareholder value", as it reported 2012 results showing falls in revenue and profit.
The illustrated book publisher's revenue for the year...
Tue, 12/03/2013 - 09:15
News Corp's publishing arm, which will include HarperCollins, will have $2.6bn in cash and no debt when it is spun off from the main business in June, according to a Bloomberg report.
The parent company, headed by Rupert...
Fri, 08/03/2013 - 14:41
Wiley will endeavour to make $80m in annual cost savings going forward as part of an ongoing bid to restructure its business.
The publisher revealed that book sales declined by $0.9m in its third quarter results. Print sales were down 4% to $3.1m, while e-book sales rose by 20% to $2.2m. Overall digital book sales for the quarter were...
Fri, 08/03/2013 - 11:00
Hachette UK c.e.o. Tim Hely Hutchinson has said 2013 will be a year of "major change" with the unveiling of "winning plans for the future".
Speaking as parent company Lagardere reported its full-year results for 2012, Hely Hutchinson disclosed that digital accounted for as much as 50% of some UK author's...