PRH first half sales down but core business remains 'strong'

Penguin Random House (PRH) has recorded a decline in sales and earnings for the first six months of 2018, owing to exchange rate effects, according to Bertelsmann's first-half operating results. Continue reading at 'The Bookseller'

[ The Bookseller | 2018-08-31 00:00:00 UTC ]

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Publishing Industry Sales Rose by $3 Billion in 2021

Final sales numbers for 2021 from the Association of American Publishers show a 12.3% increase in industry sales, with total sales hitting $29.33 billion, up from $26.1 billion in 2020. Easing of the pandemic in 2021 had a significant impact on industry results. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-16 04:00:00 UTC ]
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NPD BookScan: US Print Book Market Shows a ‘Strong August Performance’

Near summer's end in the Northern Hemisphere, NPD's Kristen McLean sees the US market 'bucking uncertainty in the wider economy.' The post NPD BookScan: US Print Book Market Shows a ‘Strong August Performance’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-09-13 00:21:46 UTC ]
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Rare signed edition of The Catcher in the Rye on sale for £225,000

JD Salinger did not want his friends cashing in, so inscribed copy of classic novel is one of the hardest titles for collectors to acquireIt was once the most censored book in American schools and libraries. Now, the only edition of The Catcher in the Rye that the author JD Salinger signed with... Continue reading at The Guardian

[ The Guardian | 2022-09-11 08:00:26 UTC ]
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In Post-Trial Briefs, DOJ Says PRH Deal for S&S Must Be Blocked

DOJ attorneys say the proposed acquisition is “precisely the march toward concentration and monopsony power that Congress enacted the Clayton Act to prevent.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-11 04:00:00 UTC ]
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In Post-Trial Briefs, PRH Attorneys Say DOJ Failed to Prove Its Case Against S&S Merger

In a highly anticipated post-trial filing PRH attorneys reiterate their claim that the government manufactured a fatally flawed case to block the nearly $2.2 billion merger—and then failed to prove it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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Unit Sales Begin September with 2.4% Dip

Increases in adult fiction and young adult were not enough to offset declines in the adult nonfiction and juvenile categories, resulting in a 2.4% decline in unit sales of print books for the week ended Sept. 3, 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-09 04:00:00 UTC ]
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After Strong First Season, Literati Book Fairs Expand Into New Territories

Schools in select cities across the country will be able to operate a Literati Book Fair in the new academic year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-08 04:00:00 UTC ]
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Print Book Sales Slipped Again Last Week

Increases in adult fiction and young adult were not enough to offset declines in the adult nonfiction and juvenile categories, resulting in a 2.4% decline in unit sales of print books last week compared to 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-08 04:00:00 UTC ]
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Print Unit Sales Flat in Late August

Unit sales of print books for the week ended Aug. 27, 2022, were flat compared to the similar week in 2021 at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-02 04:00:00 UTC ]
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Print Book Sales Were Flat Last Week

Unit sales of print books pulled off a rare feat last week: sales were flat with the week ended August 28, 2021. The achievement was due to another week of solid sales increases in adult and young adult fiction and only a small decrease in sales of adult nonfiction. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-09-01 04:00:00 UTC ]
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Virginia Judge Dismisses Case That Sought to Limit Book Sales

Two petitions sought to block Barnes & Noble and independent booksellers from selling “Gender Queer” and “A Court of Mist and Fury” to minors in Virginia because of the books’ sexual content. Continue reading at The New York Times

[ The New York Times | 2022-08-31 19:12:46 UTC ]
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Print Sales Fell 3.7% in Mid-August

Overall unit sales of print books declined 3.7% in the week ended Aug. 20, 2022, from the comparable week in 2021, at outlets that report to NPD BookScan, even as adult fiction sales rose 17%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-26 04:00:00 UTC ]
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M.T. Anderson’s Feed Remains Frustratingly Prescient

Twenty years after publication, the YA novel is the century’s most relevant dystopia—and that’s not even the most interesting thing about it. Continue reading at Wired

[ Wired | 2022-08-25 13:00:00 UTC ]
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Despite a Bump in Fiction, Print Sales Slipped 3.7% Last Week

A 17% increase in sales of adult fiction was not enough to prevent print book sales from declining 3.7% last week compared to the week ended August 21, 2021. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-25 04:00:00 UTC ]
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DOJ v. PRH: "Ending Where We Started"

The opposing parties in the Department of Justice’s lawsuit aiming to block Penguin Random House’s purchase of Simon & Schuster offered very different views of what a merger of the two would mean for authors and the industry in Friday’s closing arguments. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-22 04:00:00 UTC ]
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Print Sales Slipped 2.9% in Mid-August

Unit sales of print books dipped 2.9% in the week ended Aug. 13, 2022, from the comparable week last year, at outlets that report to NPD BookScan. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
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DOJ v. PRH: Challenges over Bid Competition, Market Share

As testimony wrapped up prior to closing arguments today, the defense and DOJ once again attacked each other's data analysis and methodology. The DOJ asserted that publisher competition, not imprint competition, is the surest way to lift advances, and that non-Big Five publishers face... Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-19 04:00:00 UTC ]
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The PRH Trial Has Revealed a Barely Hidden Scorn for Independent Publishers

Over the past two weeks, writers and publishing professionals have been riveted by coverage of the trial in which the U.S. Department of Justice is attempting to block Penguin Random House’s purchase of Big Five rival Simon & Schuster. As a member of the independent book publishing... Continue reading at Literrary Hub

[ Literrary Hub | 2022-08-18 08:54:18 UTC ]
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Print Book Sales Fell 2.9% Last Week

Last week’s sales pattern looked a lot like the previous week: a modest sales decline compared to a year ago, with higher sales of adult fiction and young adult titles offset by lower adult nonfiction and juvenile sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-18 04:00:00 UTC ]
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June Bookstore Sales Fell 8.2%

After months of steady increases compared to the pandemic-induced slump in 2021, bookstore sales declined 8.2% in June, falling to $605 million from $659 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-17 04:00:00 UTC ]
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