Equity Research on McGraw-Hill Companies Inc. and Meredith Corp. - Mixed Results for Publishers
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/06/12 -- Publishers as a whole are struggling to grow revenues in a down economy. The rapid rise of digital offerings is also putting pressure on traditional publishers. Tough conditions have not prevented a few companies from widening margins though. Get your free reports on and at . There is no commitment to join.
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Educational book publishers are having a particularly difficult time improving. Recession related cuts to public school budgets continue to make it hard to boost sales. This could be partly why The McGraw-Hill Companies Inc. saw revenues from its education unit tumble 11% in the third quarter. On a positive note, McGraw plans to spin off its educational division and focus more on its successful financial operations. report is accessible for free by registering today at
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The magazine market has been a bright spot for the industry though. Meredith Corp., publisher of several women's magazines, once again turned in impressive quarterly results. In its most recently published quarter, advertising and circulation revenue both improved. Acquisitions played a key role in its recent success. report is accessible for free by registering today at
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