Indigo Reports Its Highest Quarter Revenue Ever

Revenue for the Canadian retailer rose 8.2% in the third quarter, ended December 31, 2017. Sales in the period were C$433.3 million. The increases, the company said, combined for the highest quarterly revenue in its history. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2018-02-07 00:00:00 UTC ]

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Report: Abu Dhabi’s Mubadala Backs the Hurowitz S&S Bid

Richard Hurowitz's reported bid for Simon & Schuster is said to be backed by the Abu Dhabi sovereign wealth manager Mabudala. The post Report: Abu Dhabi’s Mubadala Backs the Hurowitz S&S Bid appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-22 17:01:36 UTC ]
More news stories like this | News stories tagged with: #post report #abu dhabi #richard hurowitz #simon schuster

Beijing International Book Fair Reports 2,500+ Exhibitors

In its first fully physical iteration since 2019, Beijing International Book Fair reports that it drew some 200,000 attendees in four days. The post Beijing International Book Fair Reports 2,500+ Exhibitors appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-21 12:25:27 UTC ]
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How a round-the-clock team turned the Jan. 6 Report into recorded history in 26 hours

The Jan. 6 Report could be reprinted or recorded by any publisher. So when Macmillan Audio got the draft, the race unfolded with the precision of a heist film. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-06-13 13:00:31 UTC ]
More news stories like this | News stories tagged with: #recorded history #macmillan audio #macmillan

Indigo Loses Reisman, Four Board Members

Indigo Books & Music, Canada's dominant bookstore chain, announced founder Heather Reisman will retire in August; simultaneously, four board members resigned with one citing a loss of confidence in the board and mistreatment. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-08 04:00:00 UTC ]
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Twitter's ad sales have reportedly dropped by 59 percent since last year

Twitter's advertising revenue is down 59 percent during a five week stretch between April 1st and early May compared to the same period last year, The New York Times has reported. It regularly falls short of sales projections, and things aren't likely to change soon (apparently despite the... Continue reading at Engadget

[ Engadget | 2023-06-06 09:25:43 UTC ]
More news stories like this | News stories tagged with: #bad news #business operations #product design #resolve issues #tall order #comic book

APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year

The Audio Publishers Association finds in its annual report that audiobook sales generated $1.8 billion in the United States in 2022. The post APA Report: US Sees Double-Digit Audiobook Sales Growth for 11th Year appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-06-01 15:27:14 UTC ]
More news stories like this | News stories tagged with: #11th year #annual report #publishers association #audiobook

The Audiobook Market, and Revenue, Keeps Growing

The Audio Publishers Association’s annual sales survey revealed an 11th straight year of double-digit growth in audiobook sales, with 2022 revenue from reporting publishers up 10%, to $1.8 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-01 04:00:00 UTC ]
More news stories like this | News stories tagged with: #audiobook market #double-digit growth #audiobook sales #audiobook

US Book Publishing Revenues in 2022 Were $28 Billion: AAP StatShot

Still 8.6 percent above 2019's total revenues, the US market in 2022 was 2.6 percent below 2021's revenue level, the AAP reports. The post US Book Publishing Revenues in 2022 Were $28 Billion: AAP StatShot appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-05-31 20:54:37 UTC ]
More news stories like this | News stories tagged with: #$28 billion #aap statshot #total revenues #aap reports #book publishing

Bloomsbury reports sales surge as people buy books as ‘affordable diversion’

Harry Potter publisher says in challenging economic times books are seen as cheap form of entertainmentBloomsbury Publishing, the home of Harry Potter, has revealed a rise in annual sales as it said people were turning to books as a cheap form of entertainment as finances were squeezed.Sales of... Continue reading at The Guardian

[ The Guardian | 2023-05-31 13:38:54 UTC ]
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Bruce Lehrmann drops defamation case and settles with News Corp over Brittany Higgins reports

The two parties reportedly settled with News Corp saying it had not paid any damages and the articles in dispute would remain onlineFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastBruce Lehrmann has discontinued... Continue reading at The Guardian

[ The Guardian | 2023-05-30 04:40:11 UTC ]
More news stories like this | News stories tagged with: #latest updatesget #free app #brittany higgins #media company #legal costs #news corp

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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Vice Media reportedly headed for bankruptcy

Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed NewsVice, the global news publisher and TV company that was once valued at nearly $6bn (£5bn), is reportedly close to filing for bankruptcy.The company, whose assets include Vice News, Motherboard, Refinery29... Continue reading at The Guardian

[ The Guardian | 2023-05-02 14:10:53 UTC ]
More news stories like this | News stories tagged with: #tv company #media layoffs #vice tv #sale talks #$6bn 5bn #news publisher

PEN Report Shows State Legislation ‘Supercharging’ Book Bans

“The heavy-handed tactics of state legislators are mandating book bans, plain and simple,” said Suzanne Nossel, CEO of PEN America, in a release announcing the new report. “The numbers don’t lie, and they reveal a relentless crusade to constrict children’s freedom to read.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-20 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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UK publishing industry reports record-breaking year in 2022

There were 669m physical books sold in the UK last year, according to new figures from the Publishers AssociationThe UK publishing industry had a “record-breaking year” in 2022, with a total income of £6.9bn.A Year in Publishing, a look at the state of the book market by trade body the... Continue reading at The Guardian

[ The Guardian | 2023-04-17 11:26:08 UTC ]
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Sub-Saharan Africa Literature and Publishing Sector Report

Sub-Saharan Africa Literature and Publishing Sector Report As we look to build on our programmes with the literature and publishing sectors in Sub-Saharan Africa, the British Council has commissioned a scoping report into the trade publishing and literature sectors across nine countries in which... Continue reading at British Council global

[ British Council global | 2023-04-17 10:35:15 UTC ]
More news stories like this | News stories tagged with: #social responsibility #potential impacts #short stories #prose fiction #borough press #online publishing #trade publishing

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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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: #prince harry #million copies #january release #colleen hoover #dav pilkey #memoir