Penguin to buy Simon & Schuster (sungazette.com)

HH Global has once again been recognized for our efforts in enabling our clients to further their sustainability and ESG goals and lessen their impact on the planet. The Co-operative Group are one of the UK’s largest grocery retailers, and one of our top ten UK clients. Through using the latest technology and assessing the environmental viability of our procurement model, from suppliers to materials, we have been able to successfully innovate the Co-op and subsidiary company Nisa’s sustainability strategies across the board. In 2021, our changes to the production of Nisa’s main marketing leaflet have prevented 175 tonnes of paper from going to waste. We have also standardized these leaflets, by producing them on the same FSC accredited paper used for their magazines and POS material. This means that the paper used across their major marketing channels has been harvested in a responsible and sustainable manner.

With all categories posting gains of at least 11%, unit sales of print books jumped 19.5% in the week ended Nov. 14, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. There were no new books that made a big splash in the week, with the overall increase due to strength in both backlist and frontlist titles. The World Needs Who You Were Made to Be by Joanna Gaines was the top new title, selling more than 43,000 copies and helping to lift unit sales in the adult nonfiction category by 11.9%. Unit sales rose 22.5% in adult fiction over the week ended Nov. 16, 2019. Michael Connelly’s The Law of Innocence was #1 in the category, selling more than 43,000 copies in its first week.

Revenue *Research was flat as reported, or up 4% at constant currency, driven by organic growth in Publishing and Solutions and contributions from recent acquisitions. - Revenue by product type reporting change – Research is now reported as Research Publishing and Research Solutions. Research Solutions includes platforms, corporate solutions and services for societies and other publishers. It replaces the Research Platforms reporting line. Please see the tables below for more detail. *Academic & Professional Learning revenue declined 5% as reported and 1% at constant currency. Education Publishing performance saw a decline in print course material offsetting growth in digital content and courseware. Professional Learning saw growth in corporate training offsetting a decline in professional publishing. *Education Services increased 7% as reported and 11% at constant currency, with very strong double-digit growth in Talent Development offsetting a decline in University Services from market-related enrollment challenges. EPS *GAAP EPS was a loss of $0.32 as compared to +$0.24 in the prior year period, primarily reflecting a $0.30/share ($22 million) restructuring charge and accelerated amortization of intangibles of $0.07/share ($5 million) related to the discontinuation of the mthreebrand.