Indigo Sales Topped C$1 Billion in Fiscal 2022

Driven by an increase in its physical stores, sales at Indigo Books & Music increased 17.4% in the fiscal year ended April 2, 2022, over fiscal 2021, rising to C$1.06 billion. Canada’s largest bookstore chain had an operating profit of C$29 million, compared to a loss of C$31.9 million in fiscal 2021. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2022-06-08 04:00:00 UTC ]
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Print Sales Fell 8.8% in Early February

With declines in all categories but adult fiction, unit sales of print books were down 8.8% in the week ended Feb. 11, 2023, from the comparable week in 2022, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
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Comics Plus Exceeds One Million Checkouts in 2022

Now in its third year, Comics Plus counts more than 2,500 customers, who enjoy access to a large and growing catalog. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
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Preliminary AAP Sales Find a 6.4% Decline

Year-end figures from the Association of American Publishers’ StatShot program show sales were down in all publishing categories. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-17 05:00:00 UTC ]
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Former Employee Sues Macmillan over 2022 Data Breach

The complaint claims that the company’s negligence exposed employees’ sensitive personal information to hackers in the wake of a widely reported cyberattack in June, 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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Is the Sale of Simon & Schuster Heating Up?

Paramount executives have made no secret of their intention to sell Simon & Schuster following the failed sale to Penguin Random House. A new story published by Reuters confirms that Paramount is working with a financial advisor and looking to sell the publisher for between $2.0 billion and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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Simon & Schuster is Up for Sale Again

Months after a federal court ruling blocked the Penguin Random House deal, the publisher Simon & Schuster is once again up for sale. Continue reading at Book Riot

[ Book Riot | 2023-02-14 17:17:54 UTC ]
More news stories like this | News stories tagged with: #simon schuster #penguin random house


Print Sales Dip in Early February

Unit sales of print books fell 2.1% in the week ended February 4, compared to the similar week last year, as Colleen Hoover–driven gains in adult fiction were offset by declines elsewhere. 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 ]
More news stories like this | News stories tagged with: #marketing spend #york post #major publishing #news corp


Print Book Sales Dipped Last Week

Unit sales of print books fell 2.1% last week from the comparable week in 2022. Declines in the juvenile categories and a dip in sales in adult nonfiction offset a 3.5% increase in adult fiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-09 05:00:00 UTC ]
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China’s Book Market in 2022: An 11.77-Percent Decline

Overall book sales in China decreased in 2022, but online sales driven by TikTok and other short-video platforms are growing rapidly. The post China’s Book Market in 2022: An 11.77-Percent Decline appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-02-07 16:24:29 UTC ]
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Onshoring and Sustainability Among Top Issues at PubWest-BMI Meeting

Among the topics addressed in a joint PubWest/BMI meeting were the need for publishers to continue to support domestic printers and the steady increase in more sustainable printing processes. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-06 05:00:00 UTC ]
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Bookshop.org to Take Over Sales for IndieBound.org

IndieBound.org, the ABA's consumer-facing online bookselling and marketing platform, will switch to using Bookshop.org links to handle sales and fulfillment beginning March 1. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-06 05:00:00 UTC ]
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Amazon’s 2022 Kindle drops to a record low of $75

If one of your goals for 2023 is to read more, a new Kindle might inspire you to stick to that intention. Amazon has discounted its entry-level e-reader. Right now, you can get the ad-supported model, in either Black or Denim, for $75 or $25 off its usual $100 price. The 25 percent discount... Continue reading at Engadget

[ Engadget | 2023-02-05 21:19:08 UTC ]
More news stories like this | News stories tagged with: #buying advice #record low #all-time low #great time #battery life #follow @engadgetdeals #kindle


Sonos gear is on sale ahead of the Super Bowl, plus the rest of this week's best tech deals

Even if you won't be watching the Super Bowl, you can still take advantage of the sales brands are running on home theater equipment ahead of the game. Sonos, which rarely offers discounts, just announced deals on some of their soundbars and smart speakers. TVs from Samsung are on sale too. This... Continue reading at Engadget

[ Engadget | 2023-02-03 17:15:02 UTC ]
More news stories like this | News stories tagged with: #quest pro #buying advice #$100 cheaper #usual $100 #follow @engadgetdeals #kindle


Online Sales Stall at Amazon, More Layoffs Coming

Revenue rose at Amazon in 2022 over 2021, but profits declined, with sales in the company's online business falling for the fourth time in five quarters. The company plans to cut 18,000 jobs worldwide. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-03 05:00:00 UTC ]
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Print Book Sales Fell 4.2% Last Week

With sales of Prince Harry’s 'Spare' slowing, unit sales of print books fell 4.2% last week compared to the week ended January 29, 2022 at outlets that report to NPD BookScan. The decline put an end to a two-week sales rally spurred by 'Spare.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-02 05:00:00 UTC ]
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'Stranger Things' helped Netflix dominate the streaming charts in 2022

You might not be stuck inside watching shows like you were at the height of the pandemic, but there were clearly some favorite online titles last year. Nielsen has shared its top streaming shows of 2022 in the US, and the most-streamed by far was Stranger Things — the fourth season helped... Continue reading at Engadget

[ Engadget | 2023-01-27 18:20:44 UTC ]
More news stories like this | News stories tagged with: #stranger things #all-time high #largely due #wider range #nielsen


17 Small Press Books From 2022 That You Might Have Missed

It’s January and you know what that means—a reset for your TBR pile! There are so many amazing books to look forward to in 2023, but before we get too far into the new year, I think it’s worth spotlighting some of the titles you might have missed last year. And 2022 was an incredible […] The... Continue reading at Electric Literature

[ Electric Literature | 2023-01-27 12:05:00 UTC ]
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Carolina De Robertis has won the 2022 John Dos Passos Prize.

On Wednesday, the 41st John Dos Passos Prize was awarded to Uruguayan American writer Carolina De Robertis (The President and the Frog; Cantoras; The Gods of Tango) by Longwood University. The Dos Passos Prize is the oldest literary award given by a Virginia college or university, and every year... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-26 14:54:21 UTC ]
More news stories like this | News stories tagged with: #longwood university #virginia college #year honors #american writer #literary award


Open Road Expanded Publishing Partnerships in 2022

Challenges publishers face in generating discovery for their titles helped Open Road Integrated Media attract a growing number of companies to its various services in 2022, Open Road CEO David Steinberger wrote in a letter to company employees this week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-26 05:00:00 UTC ]
More news stories like this | News stories tagged with: #growing number #company employees