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NewSpring Capital Leads $11M Investment in Open Road Media
E-book publisher and digital marketer Open Road Integrated Media announced that it has received $11 million in Series C equity financing led by an $8 Million investment from NewSpring Capital.
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Chegg by the Numbers
Chegg, the academic company, was founded in 2005.
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Sales Rise at HMH, Loss Cut
With sale up in both its education and trade groups, total revenue at Houghton Mifflin Harcourt rose 5% in the second quarter ended June 30, 2013 compared to the second quarter of 2012.
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Quarto Results Hit Expectations
The Quarto Group reported a small decline in sales for the six month period ended June 30, with revenue falling to $72.2 million from $73.2 million in the comparable period last year, while operating profit inched ahead to $4.0 million from $3.9 million.
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HMH Shareholders Want IPO
In a report posted on its Web site, Houghton Mifflin Harcourt said that it received a notice from stockholders of at least 25% of its stock that the company begin the process of starting an initial public offering.
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Industry Stocks: July Performers
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Manufacturing Gains Offset Publishing Declines at Courier
An 11% increase in its manufacturing segment offset a 3% decline in its publishing group leading to an overall 9% revenue increase at Courier Corp. for the third quarter ended June 29 with sales hitting $64.1 million.
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Second Quarter Earnings Jump at S&S
Second quarter sales at Simon & Schuster held even at $189 million in the period ended June 30, 2013, while operating income jumped to $20 million from $7 million in last year’s second quarter.
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Sales, Earnings Down at Harlequin
Revenue fell 7% at Harlequin in the second quarter ended June 30, to C$99.5 million, and operating earnings dropped to C$10.5 million from C$18.1 million in the second quarter of 2012.
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Independent Penguin Goes Out on High Note
In reporting its last results as an independent publisher, Penguin Group posted a 16% gain in sales, to 513 million pounds, and a 27% rise in adjusted operating profit to 28 million pounds.
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Digital Drives Amazon Second Quarter Sales
Total revenue at Amazon rose 22% in the second quarter ended June 30, to $15.70 billion, while operating income fell 26%, to $79 million.
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AAP Monthly StatShot, March 2013
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Global Publishing Leaders 2013: Westermann
Founded in 1838, Westermann's imprints include Schroedel, Diesterweg, Schoeningh, Westermann, Winklers, Spectra, Logo, Advesco, Schubi, Dorner, Westermann Wien, Arena Verlag, Ensslin, and Westermann Lernspielverlag.
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Global Publishing Leaders 2013: Weka
Werner and Karin Mützel founded the WEKA Specialist Publishing House for Public Authorities and Industry in 1973.
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Global Publishing Leaders 2013: Wiley
Wiley was founded in 1807 and competes in three markets represented by its core divisions: Scientific, Technical, Medical, and Scholarly (STMS); Professional/Trade (P/T); and Global Education. STMS (also known as Wiley-Blackwell) is the largest publisher for professional and scholarly societies.
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Global Publishing Leaders 2013: Wolters Kluwer
Founded in 1836, Wolters Kluwer is a Dutch global information service company dedicated to professionals in the legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare markets.
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Global Publishing Leaders 2013: Thomson Reuters
Thomson Reuters provides information for businesses and professionals in the financial, legal, tax and accounting, healthcare and science and media markets.
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Global Publishing Leaders 2013: Woongjin Think Big
Woongjin Think Big was established in 1980 as Woongjin Publications, and focuses on educational materials for people of all ages, including study books, complete collections, single works, after school learning materials, textbooks, and online contents.
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Global Publishing Leaders 2013: China South Publishing & Media Group Co., Ltd
China South Publishing & Media Group Co., Ltd. (ZhongNan) was established in 2008. The company publishes trade books, textbooks, educational materials, multimedia products, Internet, and investment books. The company also publishes newspapers and offers printing services.
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Global Publishing Leaders 2013: Simon & Schuster
As the publishing division of the CBS Corporation, Simon & Schuster publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner, and Free Press.