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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HBG Has No Date for Return to Office

Due to the arrival of the Omicron variant, Hachette Book Group said it has not set a date for a full return to its offices with CEO Michael Pietsch saying the company will only bring people back when it is safe to do so. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-12-01 05:00:00 UTC ]
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Indigo Sees 16% Sales Hike in Second Quarter

Indigo Books & Music reported revenue of C$238.8 million in the period ended October 2, 2021, a 16% hike over the same period in 2020. With the increase in revenue, Indigo reported net earnings in the period of C$3.5 million, compared with a net loss of C$17.5 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-10 05:00:00 UTC ]
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S&S Has Stellar Third Quarter

Despite working in something of a state of limbo caused by its pending purchase by Penguin Random House, Simon & Schuster had a solid first half of 2021, and the good results carried into the third quarter, with sales rising 15% and profits jumping 66%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-04 04:00:00 UTC ]
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HBG Sales Fell 9% in Q3

Third quarter sales fell 9% at Hachette Book Group for the period ended August 31, 2021, contributing to a 1.2% drop in total sales for Lagardère's publishing group. Despite the quarterly decline, sales for the first nine months of 2021 were up 9% over a year ago for the entire publishing division. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-28 04:00:00 UTC ]
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Hachette UK revenues fall 3% in third quarter but Shelley hails 'extremely strong' sales

Hachette UK saw its revenues fall 3% in the third quarter of 2021 compared to the same period last year, although c.e.o. David Shelley said sales were still “extremely strong" and ahead of forecasts, with increased market share. Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 21:59:40 UTC ]
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Bookstore Sales Continued to Rebound in August

Bookstore sales continued their 2021 rebound in August, jumping 60.1% over 2020, as schools and colleges began to reopen. Sales were $1.23 billion, up from $770 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-15 04:00:00 UTC ]
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A Cooler Third Quarter for Book Sales

Unit sales of print books dipped in the third quarter but are still up 11% for the year to date. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-10-08 04:00:00 UTC ]
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HBG Completes Purchase of Workman

The Hachette Book Group has completed its $240 million acquisition of Workman Publishing. Workman will become HBG's eighth publishing group and will be led by Dan Reynolds, who had been its CEO. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-09-23 04:00:00 UTC ]
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Pearson reports 'strong rebound' as it launches student subscription app

Pearson’s underlying revenue increased by 17% in the first half of 2021, reflecting a “strong rebound” from last year, and “encouraging momentum in the underlying business”. The company has also announced a new college app launching in the US today, called Pearson+. Continue reading at The Bookseller

[ The Bookseller | 2021-07-30 05:24:08 UTC ]
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HBG Up 14.8% in First Half of 2021

Revenue at Hachette Book Group increased 14.8% over the first half of 2020, while sales at parent Lagardère Publishing jumped 16.4%, and profits soared. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-26 04:00:00 UTC ]
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Almost three-quarters of schools cut library provision through pandemic

A new survey from charity Read for Good, which has donated bundles of books to 50 schools nationwide, has found school library funding has been hit by the pandemic. Continue reading at The Bookseller

[ The Bookseller | 2021-07-03 13:06:00 UTC ]
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Pietsch Reveals HBG Hybrid Plan to Return to Office

Hachette Book Group CEO Michael Piestch revealed plans for staff to return to work at HBG offices in September under a hybrid working model. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-01 04:00:00 UTC ]
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Fourth Estate serves up Slater's 'major' new book

Fourth Estate is releasing a “major” new title from Nigel Slater, A Cook's Book, this autumn. Continue reading at The Bookseller

[ The Bookseller | 2021-04-29 05:29:10 UTC ]
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US First-Quarter 2021 Print Book Sales Grew 29 Percent

Strong book sales continue in Q1 of 2021, with print sales up 29 percent in the US. And in 2020, ebook sales increased by 17 percent. The post US First-Quarter 2021 Print Book Sales Grew 29 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-19 16:24:12 UTC ]
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Mixed Bag for HBG on the Environment in 2020

The pandemic resulted in a steep drop in electricity use and business travel last year, but "significantly" higher demand for print books led to a 2% increase in Hachette Book Group's carbon footprint in 2020. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-04-19 04:00:00 UTC ]
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Scholastic Book Fairs Have Another Tough Quarter

Sales in Scholastic's book fairs fell 73% in the third quarter compared to a year ago, contributing to a 26% decline in overall revenue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-19 04:00:00 UTC ]
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Midwest Indie Presses Rebounded After Last Spring

Five Midwest independent publishers reported that sales fell this past spring, but then rebounded to varying degrees for each in the remainder of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-03-05 05:00:00 UTC ]
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Fourth Estate swoops for 'exhilarating' Elizabeth Day novel Magpie

Fourth Estate has swooped for Magpie, the “exhilarating” new novel by Elizabeth Day, written mostly during the first lockdown. Continue reading at The Bookseller

[ The Bookseller | 2021-02-23 23:47:19 UTC ]
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Fourth Estate to publish Adichie's Notes on Grief

Fourth Estate is to publish Notes on Grief by Chimamanda Ngozi Adichie, a “timely and deeply personal” book by the Americanah author following her father's death. Continue reading at The Bookseller

[ The Bookseller | 2021-02-11 05:38:30 UTC ]
More news stories like this | News stories tagged with: #fourth estate