Earnings Up, Sales Dipped at HBG

Profits rose at Hachette Book Group last year over 2018 despite a 1% decline in revenue. The earnings increase was attributed to improved operating efficiencies in the year, along with higher sales of digital audiobooks. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]

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Sales Dipped, Profits Rose in First Six Months at HBG

Revenue at Hachette Book Group fell 1.5% in the first half of 2019 compared to a year ago, but profits were up. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-26 04:00:00 UTC ]
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Citing Embargo, Libraries Plan Boycott of Blackstone Digital Audio

A coalition of some 44 public libraries across Washington state is organizing a six-month boycott of Blackstone Publishing's digital audiobooks after the publisher announced last month that it would withhold new release audio titles from libraries for 90 days. Continue reading at Publishers Weekly

[ Publishers Weekly | 2019-07-12 04:00:00 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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NEIBA Show Marked by High Energy

Higher sales, strong fall lists, and the addition of many first-time bookselling attendees combined to make this year's NEIBA trade show particularly strong. These turbulent political times also set the tone for many of the conversations and educational sessions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-09-28 00:00:00 UTC ]
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Changes to PW's Audiobook Coverage

PW will continue to offer news and feature coverage of physical and digital audiobooks, as well as monthly audiobook bestseller lists, but will no longer review audiobooks effective August 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-07-27 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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More Fiction Softness Leads to Dip in Sales in Late May

Declines in both adult and juvenile fiction offset gains in nonfiction, resulting in a 1% decline in print unit sales in the week ended May 27, 2018, compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-06-01 00:00:00 UTC ]
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More Weakness in Adult Fiction Leads to Sales Dip

A second consecutive week of soft adult fiction sales led to a 1% decline in total unit sales of print books in the week ended May 20, 2018 compared to the similar week in 2017 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-05-25 00:00:00 UTC ]
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Amazon Sales Soared in 2017

Amazon's revenue in 2017 jumped 31% over 2016, but operating income fell 2%. The company sees more huge sales gains in the first quarter of 2018, but no earnings increase. Continue reading at Publishers Weekly

[ Publishers Weekly | 2018-02-01 00:00:00 UTC ]
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HarperCollins sales down 6% in fourth quarter

The emergence of digital audiobooks are a “potent source” of long term growth, the chief executive of HarperCollins’ parent company News Corp Robert Thomson has said. Continue reading at The Bookseller

[ The Bookseller | 2017-08-12 00:00:00 UTC ]
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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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US publishers' revenues leap 4.9% in first quarter

US book publishing revenues have risen 4.9% for the first quarter of 2017 following higher sales in Adult books and higher education course materials, the Association of American Publishers (AAP) has reported. Continue reading at The Bookseller

[ The Bookseller | 2017-08-02 00:00:00 UTC ]
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Profits Rose at Lagardere, HBG in 2016

Profits rose 5.0% at Lagardere Publishing in 2106 over 2015, helped by strict cost controls at Hachette Book Group USA which integrated the publishing arm of Perseus Books Group during the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-03-08 00:00:00 UTC ]
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Sales Slipped, Profits Rose in 2016 at S&S

Revenue for the year at Simon & Schuster was $767 million, down 1.8% from 2015. Operating income increased 4.4%, to $119 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-15 00:00:00 UTC ]
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HarperCollins quarterly global profits up 32%

Higher sales have pushed profits at HarperCollins globally up 32% in the second quarter of fiscal 2017, compared to the same period in fiscal 2016. Continue reading at The Bookseller

[ The Bookseller | 2017-02-11 00:00:00 UTC ]
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Profits Rose by Double Digits at HBG

In a letter to employees, HBG CEO Michael Pietsch said that excluding Perseus, profits rose 25%. The increase was higher when Perseus is included. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-04 00:00:00 UTC ]
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B&N Sales Dropped 3.1% in Fiscal 2016

Lower sales in its Nook division, a dip in sales at BN.com, and store closures combined to leave Barnes & Noble with a 3.1% decline in fiscal 2016. The retailer reported a net loss of $24.4 million for the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-06-22 00:00:00 UTC ]
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Bertelsmann plans to raise stake in Penguin Random House

German media group reiterates plan to increase stake to 70-75% as full-year core profits climb 4.7%Bertelsmann has reported a 4.7% rise in full-year core profit and reiterated its plan to raise its stake in Penguin Random House, the book publisher which helped to drive the earnings increase. The... Continue reading at The Guardian

[ The Guardian | 2016-03-22 00:00:00 UTC ]
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Profits Rose at Quarto

Adjusted operating profit at the Quarto Group increased 10% in 2014, rising to $15.4 million from $14.0 million in 2013. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-20 00:00:00 UTC ]
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