Connect Books' revenue up 1.2% in last quarter

Tough conditions in UK libraries and international markets led Connect Books’ total revenue to decline by 0.8% in the last quarter, however sales were up 1.2% on a like-for-like basis. Continue reading at 'The Bookseller'

[ The Bookseller | 2016-01-14 00:00:00 UTC ]

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Why you might struggle to find this year’s International Booker winner in UK libraries – and why publishing suffers as a result

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Strong Trade Publishing Sales Drive Six-Month Gains at Bloomsbury

Sales were up 11% and profits increased 8% in the first half of the U.K.-based publisher's fiscal year. Sales in the U.S. were about $76 million, accounting for 46% of total revenue. Continue reading at Publishers Weekly

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Murdering the competition: Richard Osman thriller tops UK library loans

Stats from 2020-21 reveal that the Pointless presenter’s The Thursday Murder Club is the biggest hit in UK librariesRichard Osman’s The Thursday Murder Club was the most borrowed book from UK libraries in the year 2020-21, while the prolific bestseller James Patterson was the most borrowed... Continue reading at The Guardian

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Book Fair Sales Plunge at Scholastic

Revenue at Scholastic's book fairs dropped 79% and total revenue at Scholastic dropped 32% in the quarter ended November 31, 2020, compared to the second quarter of fiscal 2020, as the pandemic led to a significant decline in the number of fairs held. The publisher has tapped two new leaders for... Continue reading at Publishers Weekly

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EDC Has First Quarter Decline in Sales and Earnings

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B&N Q3 Sales Flat, Comps Rise 1.1%

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Regnery Has Big Q2

Second quarter sales at Regnery rose 16.7% over 2017, but softness in Salem Media's self-publishing unit led to a 9% decline in total revenue at Salem's publishing division in the second period. Continue reading at Publishers Weekly

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Amazon Reports Strong 2018 Q1

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Justin Adams leaves Bertrams Group

Justin Adams, managing director of Connect Books (now Bertrams Group, following its purchase by investment company Aurelius in February), is to leave the company. Continue reading at The Bookseller

[ The Bookseller | 2018-04-12 00:00:00 UTC ]
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Connect Books sold for £6m

Connect Books has been sold to private equity firm Aurelius for just £6m – nearly half of the originally-agreed sale price. Continue reading at The Bookseller

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Connect Books' buyer Aurelius backs out of sale

Private equity firm Aurelius has said it is backing out of its agreement to buy Connect Books because it can see “no way of financing this transaction”. Continue reading at The Bookseller

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Adams: 'Aurelius has the firepower to support our plans'

Connect Books m.d. Justin Adams has promised it will be "business as usual" at the distributor as its acquisition by private equity company Aurelius is completed, and has said the well-funded buyer's "firepower" can support the business' future plans. Continue reading at The Bookseller

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Bloomsbury Poised for Good Year

Led by strong sales in its children's group, where the sale of Harry Potter titles drove a 40% gain, total revenue at the U.K.-based company jumped 15% in the six months ended August 31. Continue reading at Publishers Weekly

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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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AAP's First Report on 2016 Shows Sales, Revenue Down

The industry sales report for 2016 found that total revenue for the industry fell 6.6%, compared to 2015. Based on sales from 1,207 companies that report to AAP, total revenue last year was $14.25 billion, down from $15.26 billion in 2015. Continue reading at Publishers Weekly

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Connect Books revenue up 14% in first six months

Connect Books saw a 14.4% year-on-year rise in revenue for the first half of its financial year, driven by its wholesale and Wordery arm. Continue reading at The Bookseller

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Dawson Books strikes partnership with Kortext

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Moss made m.d. of Wordery as Jones leaves

Connect Books has promoted Rob Moss to managing director of online bookseller Wordery, following the decision of current managing director and founder, Will Jones, to leave the business at the end of May. Continue reading at The Bookseller

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UK libraries 'missing 25m books'

The UK's public libraries are missing 25 million books, according to new figures from libraries body CIPFA, although the decline in books could be worse than the figures indicate due to discrepancies between computer audits and physical stock takes. Continue reading at The Bookseller

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