HBG Rebounds in Fourth Quarter

A 15% increase in fourth quarter sales enabled Hachette Book Group to finish 2015 with only a slight decline in revenue for the full year. An increase in the sales of print books almost offset declines of ebook sales. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2016-02-10 00:00:00 UTC ]
News tagged with: #ebook sales #fourth quarter #slight decline #full year #print books #offset declines

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Wiley Second Quarter Marked by Rightsizing Efforts

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-06 05:00:00 UTC ]
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Workers Unionize at Drawn & Quarterly, Vaunted Literary Graphic Novel Publisher

Employees at D&Q, the Montreal-based literary graphic novel publisher, and its sister bookstore, Librairie Drawn & Quarterly, are unionizing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-11-15 05:00:00 UTC ]
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Publishing Industry Sales Rebounded in August

Following a July slump, book sales were up 8.5% in August at the 1,233 publishers that supply data to AAP’s StatShot program. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-17 04:00:00 UTC ]
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Hachette Book Group Reports Third Quarter Revenue Dip

CEO Michael Pietsch said the 5.2% decline was attributable to "a lighter publication schedule" compared to the same period last year and "a downward trend" in the overall publishing market. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-10-16 04:00:00 UTC ]
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B&NE Has a Hopeful First Quarter

Barnes & Noble Education reported a 3.7% increase in sales in the quarter ended July 29, which the company took as a sign that its new First Day programs are being embraced by more students—and the first step back toward profitability. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-09-06 04:00:00 UTC ]
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S&S Posts Solid Second Quarter

Led by another good performance by its audiobooks division and "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended June 30, 2023 over the comparable period last year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-08 04:00:00 UTC ]
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Amazon Has Improved Second Quarter

Total Amazon sales rose 11% in the second quarter, with the company returning to profitability. Online sales lagged, increasing 4%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-08-04 04:00:00 UTC ]
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Tom Rachman's debut novel was a joyful triumph. In his fourth, cynicism seeps in

Tom Rachman's 'The Imposters,' about an aging novelist spinning alternate histories, bears faint echoes of his acclaimed debut, 'The Imperfectionists.' Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-26 13:00:23 UTC ]
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Bookstore Sales Rose 11.9% in First Quarter

Three months of double-digit increases resulted in bookstore sales rising to $2.07 billion in the first quarter of 2023, from $1.83 billion in the first period of 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-16 04:00:00 UTC ]
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S&S Posts Record Quarter, Could Be Sold by End of Year

Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
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Sales Fell in First Quarter at Hachette Book Group

HBG CEO Michael Pietsch attributed the 11% decline to a strong first quarter in 2022, plus “a generally softer market, especially for hardcovers.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-18 04:00:00 UTC ]
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HBG Sees Gains, Setbacks in its DEI Initiatives

In its fourth annual report on how its diversity, equity, and inclusion efforts are progressing, HBG said 61% of new hires last were BIPOC employees, bringing the percentage of BIPOC staff members to 36.4% of its total workforce. However, progress stalled in expanding BIPOC representation at... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-11 04:00:00 UTC ]
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First-Quarter Bestsellers

Prince Harry’s memoir has sold more than a million copies since its January release, making it the #1 book in 2023 so far. But the year is still young, and Colleen Hoover and Dav Pilkey are hot on Harry’s heels. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
More news stories like this | News stories tagged with: #memoir #dav pilkey #colleen hoover #january release #million copies #prince harry


Print Books Held Steady in the First Quarter

Unit sales of print books dipped only by 0.3% in the first three months of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-07 04:00:00 UTC ]
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Scholastic Has Soft Third Quarter

The publisher cited a number of economic factors for a disappointing quarter, including weaker consumer demand for books and lower orders from retailers and wholesalers that are still working through high levels of inventory acquired last year that remains unsold. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-24 04:00:00 UTC ]
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Wiley Has Disappointing Third Quarter

A decline in sales in Wiley's academic group and problems in an open access unit led to a 5% drop in sales in the quarter and an operating loss of $67 million. The unexpected results led Wiley to speed up its streamlining efforts and to lower its financial forecast for fiscal 2023. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-09 05:00:00 UTC ]
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Deal Reached in HarperCollins Strike as Publisher Has Another Bad Quarter

HarperCollins has reached a tentative agreement with its striking union that includes an unspecified increase in minimum salaries. The deal was announced shortly after the publisher reported that sales fell 14% in the quarter ended December 31, and that profits plunged 52%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-10 05:00:00 UTC ]
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News Corp to cut 1,250 jobs after missing second-quarter estimates

Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to weakness in its news and digital real... Continue reading at The Guardian

[ The Guardian | 2023-02-09 22:30:39 UTC ]
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EDC Works to Rebound

Educational Development Corp. continues to work through a host of issues since its sales and earnings peaked in the fiscal year ended February 28, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-06 05:00:00 UTC ]
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Scholastic Posts Second-Quarter Double-Digit Gains in Sales and Earnings

A 19% increase in Scholastic's children's book publishing and distribution segment drove total sales up 12% in the second quarter, while operating income rose 20%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-12-16 05:00:00 UTC ]
More news stories like this | News stories tagged with: #children's book #book publishing