• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

Corporate: Pearson Gains On Steady Quarter, Scribd Pairs with NYT

October 17, 2018
By Sara Grace

Pearson provided a trading update on the first nine months of 2018. Total revenues were flat, with a 3 percent decline in US higher education courseware offsetting growth in the rest of the company. The company attributed some of the revenue decline to delays caused by the implementation of new enterprise software in the US, which it expects to “largely reverse” in the fourth quarter. That growth elsewhere, along with revised estimates for some one-time tax benefits, helped lift shares in London today. The traditionally terse comment on trade book performance noted, “Penguin Random House is performing in line with […]

Login to read full story

Filed Under: Earnings Reports, Publishers, Subscription

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • If or When Amazon Wants to Identify Books Made By AI, Software Detection Companies Say They Are Ready September 29, 2023 Wired
  • Cundhill History Prize Shortlist Announced September 28, 2023 Prize site
  • Nobel for Literature to be Announced October 5 September 28, 2023 NYT
  • With Sales Down 30% on Book Bans, Levine Querido Authors Raise Over $100,000 In Auction September 27, 2023 PW
  • Taylor & Francis to Make Voluntary Separation Offer; Threatens Layoffs to Follow September 25, 2023 Bookseller
  • Rupert Murdoch to Retire from News Corp and Fox Boards September 21, 2023 NYT
  • OpenAI's New DALL-E3 Lets Artists Opt-Out of Future Training; Rejects Request to Mimic the Style of Living Artists September 20, 2023 TechCrunch
  • Another Response to AI-Generated Books: KDP Lowers Limit On Number of Titles You Can Create, "To Help Protect Against Abuse" September 18, 2023 KDP Forum
  • TikTok (and Instagram) Stars Sell Cookbooks September 18, 2023 NYT
  • Actor and UK Harry Potter Audiobook Narrator Stephen Fry Demonstrates How His Voice Was Copied By AI Without Permission September 18, 2023 Deadline
© 2023 Publishers Lunch. All Rights Reserved.