AAP: April sales down 3.3%

Publishers’ sales in the US fell 5.6% year-on-year to $3bn in the first third of 2015, according to the Association of American Publishers (AAP). The latest monthly AAP StatShot, covering April, put total revenues for publishers down 3.3% for the month compared to April 2014. The figure represents a shallower fall than the 6.6% drop seen in the "slow" first quarter for the year. Continue reading at 'The Bookseller'

[ The Bookseller | 2015-08-08 00:00:00 UTC ]
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Books Suffer from Potter Curse, Sales Tumble 17%

Unit sales of print books in the week ended Aug. 6, 2017, were down 17% from the similar week in 2016 at outlets that report to NPD BookScan. The decline was due entirely to the release last year at this time of J.K. Rowling’s Harry Potter and the Cursed Child, which sold about 2.5 million... Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-11 00:00:00 UTC ]
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Northern Fiction Alliance members' sales boosted

Members of the Northern Fiction Alliance have said they have seen boosts in book and rights sales from being part of the coalition. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
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Amazon UK Services sales soar but corporation tax payments halve

Turnover at Amazon's UK Services arm soared past £1bn for the first time in 2016, accounts filed on Companies House have revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-10 00:00:00 UTC ]
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Print and audio book sales boost S&S revenue

Sales at Simon & Schuster grew 10% in the second quarter of 2017, hitting $206 million (£158m). Continue reading at The Bookseller

[ The Bookseller | 2017-08-09 00:00:00 UTC ]
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S&S signs up to SoA's special sales rules

S&S UK has signed up to the Society of Authors seven-point plan to ensure special sales do not affect writers’ earnings or damage the publishing market. Continue reading at The Bookseller

[ The Bookseller | 2017-08-08 00:00:00 UTC ]
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S&S Has 10% Sales Gain in Q2

Second quarter revenue rose 10% at Simon & Schuster in the second quarter of 2017 over the comparable period in 2016, while earnings rose 8%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-08 00:00:00 UTC ]
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Pearson to axe 3,000 jobs after slump at main US business

Cost-cutting move aims to save educational publisher around £300m a year with a 10% cut in global staff after biggest loss in history in 2016Pearson is to cut 3,000 jobs as the embattled company looks to slash costs after a slump at its US higher education business.The world’s largest education... Continue reading at The Guardian

[ The Guardian | 2017-08-04 00:00:00 UTC ]
More news stories like this | News stories tagged with: #profit warnings


Pearson to Cut 3,000 More Jobs

The worldwide educational publisher hopes to save 300 million pounds over the next three years by reducing headcount. Pearson also reported that sales at PRH fell slightly in the first half of 2017, but that profits rose. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-04 00:00:00 UTC ]
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HMH Trade Sales Rose 9.8% in Q2

HMH attributed the improved financial performance to strong frontlist, ebook and backlist sales. The publisher touted, in particular, sales of 'The Handmaid's Tale,' in speaking to its solid backlist and ebook numbers. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-03 00:00:00 UTC ]
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Adult Trade, College Material Sales Up in Q1

The adult trade segment was one of three major publishing categories to have an increase in the first three months of 2017 over 2016. The higher educational course materials segment had the largest gain in the period, with sales up 24.3%, according to the AAP. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-08-01 00:00:00 UTC ]
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Sales of mind, body, spirit books boom in UK amid 'mindfulness mega-trend'

While fewer titles are selling in other genres, reading that offers a path to spiritual growth has risen 13% in 2017The UK’s “mindfulness mega-trend” shows no sign of running out of breath, with sales of “mind, body, spirit” books booming, against a background of slowing sales elsewhere on the... Continue reading at The Guardian

[ The Guardian | 2017-07-31 00:00:00 UTC ]
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Industry Notes: Italy’s PubCoder 3 Is in Beta; HarperCollins Children’s Is in Deal With Wattpad

Italy's PubCoder announces a beta edition of its third iteration, while HarperCollins Children's Books looks to Canada's Wattpad for new content and talent. The post Industry Notes: Italy’s PubCoder 3 Is in Beta; HarperCollins Children’s Is in Deal With Wattpad appeared first on Publishing... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-07-31 00:00:00 UTC ]
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Solomon calls for changes to special sales deals

The Society of Authors chief executive Nicola Solomon has called on publishers to adhere to a seven-step plan to ensure that special sales or “ultra-high” discounted sales do not damage authors’ overall earnings or the market for full-price sales. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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Beware the special sale

In an open letter, chief executive of the Society of Authors Nicola Solomon urges publishers to adhere to a seven-step plan to ensure that special sales do not damage authors’ earnings or lead to a cannibalisation of full-price editions. Continue reading at The Bookseller

[ The Bookseller | 2017-07-28 00:00:00 UTC ]
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Hachette Sales Up 5% in First Half of 2017

A strong performance by its Nashville-based imprints FaithWords and Center Street helped lift sales 5% at Hachette Book Group in the first half of 2017 over the comparable period in 2016. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-27 00:00:00 UTC ]
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'This seems endless.' Fires force evacuation of 12,000 in 3 French Riviera towns 

Wildfires blazing across the south of France have forced the emergency evacuation of thousands of residents and tourists. The French authorities said they had moved to safety around 12,000 people — most of whom are vacationing on its Mediterranean coast in camping sites and holiday homes — as... Continue reading at Los Angeles Times

[ Los Angeles Times | 2017-07-27 00:00:00 UTC ]
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Taylor & Francis sees first-half sales rise

The Taylor & Francis Group saw sales rise 11.3% year-on-year to £238.9m in the six months to 30th June 2017, although underlying growth was put at just 1.2%, suggesting the publisher saw a boost from foreign exchange and the weakened pound. Continue reading at The Bookseller

[ The Bookseller | 2017-07-26 00:00:00 UTC ]
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Connect Books sales up 12% in latest trading update

Connect Books saw a 12% year-on-year rise for the 45-week period to 15th July 2017, with strong sales in UK and Wordery offsetting weaker sales in libraries. Continue reading at The Bookseller

[ The Bookseller | 2017-07-25 00:00:00 UTC ]
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Bleacher Report poaches Conde Nast’s Howard Mittman to lead sales

The former Conde Nast publisher sees an opportunity to capitalize on disruption taking place in sports media. The post Bleacher Report poaches Conde Nast’s Howard Mittman to lead sales appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2017-07-24 00:00:00 UTC ]
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