Earnings Soared at EDC in Q2

Net earnings for the second quarter ended August 31, 2020, soared at Educational Development Corp., jumping to $4.2 million, from $1 million, in the second quarter ended last August. Revenue rose 142.5%, to $59.2 million. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-10-07 04:00:00 UTC ]
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B&N Cuts Q2 Losses as Comp Sales Improve

Barnes & Noble cut its operating loss in the second quarter ended October 27, 2018, to $26.8 million, down from $52.2 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-20 00:00:00 UTC ]
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HC Profits Soared 42% in Q1 of Fiscal 2019

Strong backlist sales, in addition to a 55% jump in sales of digital audiobooks, led to a 42% increase in earnings at HarperCollins in the quarter ended September 30, 2018, over the comparable period a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-08 00:00:00 UTC ]
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S&S Q3 Earnings Rise on Sales Gain

After completing another solid quarter, Simon & Schuster CEO Carolyn Reidy said that while business was soft in October because of distractions caused by the upcoming election, she believes sales will rebound after the midterm elections on November 6. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-11-01 00:00:00 UTC ]
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Amazon Profits Soar Again, Despite Disappointing Sales

Although sales rose 29% in the third quarter (ended September 30) over the comparable period a year ago, investors had expected more rapid growth. Still, profits jumped to $2.9 billion, up from earnings of $256 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-10-24 00:00:00 UTC ]
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Zoella hits number one, as sales soar for Super Thursday

Zoe Sugg’s non-fiction debut Cordially Invited (Hodder & Stoughton) has made itself at home in the UK Official Top 50 number one spot, selling 19,804 copies for £201,749. Continue reading at The Bookseller

[ The Bookseller | 2018-10-10 00:00:00 UTC ]
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Weekly E-Ranking: Lethal White soars to digital summit

Robert Galbraith’s third Cormoran Strike title Lethal White has bagged the ebook number one straight out of the gate. Continue reading at The Bookseller

[ The Bookseller | 2018-10-08 00:00:00 UTC ]
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Sales, Earnings Drop in First Half of 2018 at PRH

Revenue fell 3.3% in the first half of 2018 compared to a year ago at Penguin Random House, and earnings dropped 17%. The decline was attributed mainly to the negative impact of foreign exchange rates. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-30 00:00:00 UTC ]
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Digital sales soar in China as the West dips

There are many points of difference between China’s books market and that of the UK and US, but one of the starkest is digital growth. Continue reading at The Bookseller

[ The Bookseller | 2018-08-22 00:00:00 UTC ]
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HC Posts Big Earnings Gain in Fiscal 2018

Capped by a blowout fourth quarter, HarperCollins reported that earnings for the fiscal year ended June 30, 2018 rose 23% over fiscal 2017, to $244 million. The earnings jump came on a 7% revenue rise, to $1.76 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-10 00:00:00 UTC ]
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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

[ Publishers Weekly | 2018-08-09 00:00:00 UTC ]
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July Religion Bestsellers: 'Boundaries' Returns as Self-Help Soars

Religion Nonfiction bestsellers for July remain focused on self-help, including titles for those suffering from anxiety and insecurity. Plus, new novels by Colleen Coble and Dani Pettrey break the top 10 in Religion Fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-08 00:00:00 UTC ]
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Turnover soars, corporation tax halves at Amazon UK Services

Turnover at Amazon's UK Services arm soared again in 2017, rising nearly 36% to £1.98bn (from £1.46bn the previous year). Continue reading at The Bookseller

[ The Bookseller | 2018-08-04 00:00:00 UTC ]
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Nicolson's The Seabird’s Cry soars to Wainwright victory

Adam Nicolson has won 2018's Wainwright Golden Beer Book Prize for The Seabird’s Cry (William Collins). Continue reading at The Bookseller

[ The Bookseller | 2018-08-03 00:00:00 UTC ]
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HMH Trade Sales Down 15% in Q2

With sales of backlist and frontlist titles down, as well as a drop in ebook sales, revenue in HMH's trade division fell 15% In the second quarter ended June 30. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-08-02 00:00:00 UTC ]
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Amazon Profits Soar

For the quarter ended June 30, 2018, operating income at Amazon increased to $3.0 billion, compared with operating income of $628 million in the second quarter of 2017. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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HBG Posts Gains in Sales and Earnings in First half of 2018

Revenue in the first half of 2018 rose 1.4% over the comparable period in 2017 at the Hachette Book Group, parent company Lagardère reported, and profits rose by an unspecified amount. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-26 00:00:00 UTC ]
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YALC ticket sales soar 11%

Overall ticket sales for this year’s Young Adult Literature Convention (YALC) are up 11% compared to last year, according to the organisers. Continue reading at The Bookseller

[ The Bookseller | 2018-07-25 00:00:00 UTC ]
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Scholastic Sales and Earnings Dropped in Fiscal 2018

Blockbuster sales of 'Harry Potter and the Cursed Child' helped drive revenue to $1.74 billion in fiscal 2017, but without a comparable hit, sales fell 6% in the fiscal year ended May 31, 2018. Operating income dropped 38%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-19 00:00:00 UTC ]
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Future earns highest-charting streaming-only album on Billboard 200

Future's new album, Beastmode 2, is now the highest-charting streaming-only album, Billboard reports, debuting at No. 3 on Billboard's Hot 200. With this album, Future has dethroned Chance the Rapper, whose Coloring Book became the first streaming-ex... Continue reading at Engadget

[ Engadget | 2018-07-17 00:00:00 UTC ]
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How Much Do Writers Earn? Society of Authors and ALCS Present Talking Points to Publishers

Naming issues on which 'we are in almost complete alignment,' the UK's author-advocacy organization and revenue collection agency lay out talking points to the Publishers Association in an open letter. It's a new call 'to give everyone a bigger share of the pie." The post How Much Do Writers... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2018-07-09 00:00:00 UTC ]
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