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Google Play Maintains Rapid Growth, and More

Google reported third quarter revenues after the close of the market on Thursday, and the company continues to show significant growth in the business segment that includes the Google Play Store. Called "other revenues" by the company (also including their hardware line and their Enterprise software business), the segment had…

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Books Sales Fall Again At WH Smith, As Profits Improve

WH Smith reported preliminary results for fiscal 2014, with sales at their High Street stores falling 6 percent to £684 million. Book sales overall fell more, down 8 percent for the year as the "market continues to be challenging" (after declining 6 percent in the previous year). Same-store sales were…

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Briefs: Bloomsbury Considered Possible Osprey Buyer; Canongate 2013 Results; and More

On the heels of the Osprey Group selling off Angry Robot, Watkins, and Nourish earlier this month to entrepreneur Etan Ilfeld, the remaining divisions are still potentially up for sale, with Bloomsbury considered to be the most likely buyer, the Bookseller reports. They say the current speculation is that "both Bloomsbury…

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Sales Rise, But So Does the Seasonal Loss At Scholastic

In Scholastic's fiscal first quarter, ending August 31, sales rose $7.5 million, up less than 3 percent at $284 million, but their seasonal loss rose more -- increasing by the same amount, at $53.4 million, and 16 percent higher than the loss a year ago. (The company generally has a…

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More Facts From Barnes & Noble's Filings

As usual, Barnes & Noble's formal quarterly report to the SEC includes some additional details of interest not included in Tuesday's press release and investor call, though this time around those additional disclosures are pretty modest. In the most recent quarter, BN customers activated just $6.2 million of the credits…

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Wiley Q1 Results Up, But Trade Book Sales Decline

Wiley reported first quarter 2015 results of $438 million, up 4 percent on an "adjusted" basis. Net income of $33.5 million was up 9 percent on a currency-neutral basis, but virtually flat in real terms. The professional development segment, where Wiley's trade business remains, rose $8 million to $92 million…

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Barnes & Noble Has Soft Sales But Smaller Loss As Nook Fades; Asset Separation Presents New Possibilities

Sales fell more than expected by analysts at Barnes & Noble in their fiscal first quarter, ending August 2, down 7 percent to $1.236 billion, but the loss was lower than estimated -- with a consolidated net loss of $28.4 million, or 56 cents a share. Tellingly, the company admitted…

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Creative Homeowner Sold to Fox Chapel

After years of declining sales and operating losses, Courier Corporation has finally sold "certain of its Creative Homeowner publishing assets" to Fox Chapel Publishing, including "more than 100 active titles in home design, home improvement, landscaping and gardening." The sale price was not disclosed for now (though likely will be in Courier's…

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Penguin Random House Has Softer Sales (Probably) and Strong Earnings In First Half

Penguin Random House plus the separately-owned Random House Germany together had sales in the first half of 2014 of €1.461 billion, with operating EBITDA of €159 million. (The Santillana trade publishing business was added July 1, after the close of these results.) It is the first time that the combined…

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A Tepid Second Quarter for Books-A-Million

Books-A-Million said sales for the second quarter ending August 2 more or less stayed flat, dipping 0.5 percent to $108.3 million. Same-store sales inched up a mere 0.1 percent, while their net loss of $3 million, or 21 cents per share was a considerable improvement on the $9.1 million net…

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