Wed, 18/06/2008 - 13:22
The Society of Authors has met with Pearson's royalty manager Philip Rowe to express concerns raised by members over confusing royalty statements.
SoA deputy general secretary Kate Poole said: "Pearson switched to a new accounts system last summer and the first batches of statements were chaotic. Particularly for EFL writers,...
Mon, 09/06/2008 - 08:10
Two million free books will be given to reception-aged and Year 7 pupils in England by Christmas, in a programme run by independent charity Booktrust, and supported by the government.
The Booktime programme for reception-aged pupils (4-5-years-old) and the Booked Up programme for Year 7 pupils (aged 11-12) aim to encourage reading for...
Wed, 28/05/2008 - 05:08
Pearson is to acquire two privately-owned English language school chains in China. Pearson said it would develop new curriculum materials for the schools, drawing on content from Penguin and Pearson Longman.
"We are significantly accelerating our investment and growth in China," said Marjorie Scardino. "It is a market...
Fri, 25/04/2008 - 06:39
Penguin has made a strong start to 2008 and is on track to achieve double digit profit margins, parent group Pearson announced today in a trading update. Its education division also expects another year of good profit growth.
Marjorie Scardino, chief executive, said: "Most of our trading lies ahead of us, but the start we've...
Mon, 31/03/2008 - 08:29
Reed Elsevier chief executive Crispin Davis was paid more than £2m in 2007, after receiving an annual bonus worth more than his annual wage. Davis' bonus was £1.3m, more than doubling his 2007 salary of £1.1m. In 2006 Davis earned just over £2m.
Davis £2.4m wage took him above Pearson chief executive...
Tue, 04/03/2008 - 16:01
Penguin UK's profits rose by over 20% in 2007, according to chief executive Peter Field. The achievement came despite the publisher's sales dip of 0.8% through Nielsen BookScan.
Speaking as Penguin announced its worldwide annual results, with a 3% sales growth and a 20% increase in profits overall, Field ascribed the UK...
Mon, 03/03/2008 - 14:58
Pearson Education will continue its shift to digital as the company predicts "strong, sustainable growth" for 2008. Speaking to The Bookseller following the company's full year results, Marjorie Scardino, Pearson c.e.o., said the education division was boosted by the company's digital initiatives such as homework and...
Mon, 03/03/2008 - 08:33
Pearson Education grew faster than Penguin in 2007, according to parent Pearson, but Penguin saw a greater rise in profits. Penguin's underlying sales growth was 3% in 2007, with underlying profits up by 20%; while Pearson Education saw underlying sales rise by 6%, with profits up by 9%.
The performances helped Pearson's sales...
Fri, 15/02/2008 - 08:07
Pearson, educational publisher and owner of Penguin, is to sell its US data management business, according to the Financial Times.
The company has agreed the $225m (£167m) sale of its data management business, which designs and makes the equipment needed for schools and employers to scan and mark tests electronically,...
Fri, 25/01/2008 - 05:01
Book and newspaper publisher Pearson has agreed to sell several assets in order to proceed with a $950 million purchase of Harcourt Assessment, the Justice Department said on Thursday.
Reuters reports that Pearson has agreed to sell clinical tests that are used by psychologists, speech-language pathologists and clinicians such as Reed...