Scholastic announced results for the fiscal third quarter ended February 29, with sales of $323.7 million, nearly even with $324.9 million a year ago. “Lower U.S. Book Clubs revenues of approximately $14.4 million related to the strategic repositioning of the business, were offset by strong trade publishing revenues in the U.S., Canada and the UK, which benefited from the sales of popular book series titles,” the company said in a release. Operating loss increased 26 percent to $(34.9) million, while adjusted EBITDA decreased 33 percent to (7.2) million. In Children’s Book Publishing and Distribution, the good news was that consolidated […]
NBCC Winners
Dylan Thomas Prize
The Dylan Thomas Prize announced finalists, with the winner to be named on May 16.
People 3/21
At PRH, Valerie Van Delft, senior vice president of logistics, will retire this August.
Forthcoming: FRAMED by John Grisham
On October 8, Doubleday will publish John Grisham‘s FRAMED: Astonishing True Stories of Wrongful Convictions, written with Centurion Ministries founder Jim McCloskey. It is the author’s first nonfiction book since 2006. “Since I published THE INNOCENT MAN in 2006, I have wanted to write more true stories about wrongful convictions,” Grisham said in a release. “From a pure storytelling perspective, they are incredible because the drama has so many layers: Suffering, corruption, waste, faith, perseverance, and, hopefully, redemption – it’s all there in every case. From a moral perspective, it is imperative for a society to face and correct injustice. […]
Distribution: Library Tales Publishing
Simon & Schuster will handle sales and distribution worldwide for Library Tales Publishing.