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Global Publishing Leaders 2012: China Education Publishing & Media Group (China Education)
In December 2010, a strategic merger was announced in China to reshape educational publishing. China Education Publishing & Media Group (China Education) was formed with five subsidiaries: Higher Education Press (HEP), PEP (Peoples's Education Press), LCP (Language & Culture Press), CEPIEC (China Educational Publication Import & Export Corporation) and China Educational Instrument & Equipment Corp. Combined, those groups account for revenues of ca. 2.8 billion RMB (or 320 million EUR). According to Li Pengyi, General manager of the new group, its focus is on the rapid development and international dimension in Chinese educational publishing, improving the group’s stock listing, and developing digital strategies.
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Global Publishing Leaders 2012: Bungeishunjū Ltd.
Bungeishunjū Ltd. (Kabushiki-gaisha Bungeishunjū) was established in Japan in 1923 by the best selling writer Kan Kikuchi. In addition to books, the company also publishes 10 cultural magazines, including the leading monthly magazine Bungeishunjū.
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Global Publishing Leaders 2012: Bonnier
The Bonnier Group is a family-owned international media group based in Sweden. It has operations in more than 20 countries. It comprises approximately 175 companies. The Group´s structure is characterized by decentralization, with responsibilities, duties and authority being carried out as close to everyday operations as possible. Operations cover most media formats and are divided into five business areas: Books, Magazine Group, Business Press, Newspapers and Broadcasting & Entertainment.
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Global Publishing Leaders 2012: Bertelsmann
Bertelsmann is an international media company with divisions in broadcasting (RTL Group); print and digital trade publishing (Random House); magazine publishing (Gruner + Jahr); and outsourcing services (Arvato). The company operates in fifty countries. Random House is a fully owned subsidiary, with nearly 200 imprints that publish 10,000 titles annually with sales of 400 million copies.
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Global Publishing Leaders 2012: Abril Educacao S/A
As one of Latin America’s major communication groups, Grupo Abril integrates with various media to provide information, education and entertainment to the public.
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Global Publishing Leaders 2012: AST
AST was established in 1990 by Alexei Gertsev, Sergei Derevianko, and Tatiana Derevianko as "Creative Cooperative Association AST" (Russian: Творческое кооперативное объединение, or АСТ), and has become one of the largest book publishing groups in Russia and accounts for about 13% of the Russian book production (by number of copies). AST Publishing comprises several imprints including Astrel, Avanta+, Premiera-Media, Corpus, as well as the comic book and manga publisher Comics Factory. It also owns a book-store chain called "Bukva."
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Global Publishing Leaders 2012: Groupe Albin Michel
Groupe Albin Michel is one of France’s foremost literary and educational publishers. Its imprints include Les editions Albin Michel; the educational group Magnard-Vuibert (with Delagrave, Casteilla, and Librairie des écoles); De Vecchi; and a 40% share of Le Livre de Poche, of which Hachette owns 60%.
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The Global 50: The World's Largest Book Publishers, 2012
Pearson remained the world’s largest publisher in 2011 in a year when there was little movement among the ranking for the very largest global publishers.
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Global Publishing Leaders 2012: McGraw-Hill
McGraw-Hill Education is comprised of two divisions: The School Education Group (SEG), which provides education material for the elementary and high school; and the Higher Education, Professional and International Group (HPI), which serves the college, university, professional, international and adult education market.
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This Week's Bestsellers: June 25, 2012
Analysis and commentary on this week's PW Bestsellers lists.
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Court Approves HMH Restructuring Plan
The judge overseeing Houghton Mifflin Harcourt’s Chapter 11 proceedings approved the company’s restructuring plan Thursday morning, clearing the way for the publisher to emerge from bankruptcy.
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The Weekly Scorecard: Tracking Unit Print Sales for the Week Ending June 10, 2012
Tracking weekly print books sales using numbers from Nielsen BookScan.
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AAP Monthly StatShot, March 2012
March was a tough month for both the industry overall as well as the adult trade segment, according to AAP's Monthly StatShot. In adult trade, sales fell in all the print segments, with the steepest decline coming in mass market paperback, where sales were off 27.8% at the houses that report sales.
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E-books Up 33% in Down March
Sales fell in all print segments except children’s in March, according to AAP’s Monthly StatShot released Friday morning.
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Earnings Up, Sales Down at Educational Development Corp.
Despite a 3% decline in revenue in the fiscal year ended February 29, to $26.3 million, net earnings at Educational Development Corp. increased to $1.4 million from $1.2 million. At the end of its fiscal year in February, EDC announced that it would no longer sell its titles through Amazon.
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Books-A-Million Says Seven Lawsuits Filed Against Buyout Bid
In its first quarter filing with the Securities & Exchange Commission, Books-A-Million disclosed that seven lawsuits have been filed in connection with the Anderson family offer to acquire all outstanding shares.
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Market Watch: Industry Stocks: May 2012 Performances
The Publishers Weekly Stock Index was unable to overcome a bad month for the stock market in general in May. The PWSI fell 6.9% last month, a slightly worse decline than the 6.2% posted by the Dow Jones Industrial Average.
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