PRH Worldwide Revenue Hit $4.4 Billion in 2020

Driven by strong sales in the U.S. in 2020, revenue at Penguin Random House increased 4.6% over 2019, while profits jumped 23%. The U.S. accounted for 58% of worldwide sales, up from 56% in 2019. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2021-03-30 04:00:00 UTC ]
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Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020

'Readers want both digital books as well as the "old-fashioned" print book,' says Lindhardt & Ringhof's CEO. The post Denmark’s Lindhardt & Ringhof Reports ‘Vast Growth in Revenue’ in 2020 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-02-23 12:58:26 UTC ]
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As Revenue Tops $380 Billion, Bezos to Step Down as Amazon CEO

Jeff Bezos, founder and CEO of Amazon, will hand over the CEO duties to Andy Jassy, head of Amazon Web Services, this summer. The company reported that sales in the year jumped 38% over 2019, to $386.1 million, and earnings skyrocketed 84%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-02 05:00:00 UTC ]
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Debut fiction did well in pandemic-hit 2020

Debut novelists performed solidly last year, despite widespread fears that they would lose out to more established authors due to 2020's pandemic-hit publishing schedules.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-14 13:16:53 UTC ]
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Börsenverein Report Shows 2020 German Book Revenue Down 2.3 Percent

Shutdowns in December short-circuited the German market's progress in making up book sales losses from spring lockdowns. The post Börsenverein Report Shows 2020 German Book Revenue Down 2.3 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-01-08 15:54:29 UTC ]
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France's bookshops report 3.3% sales dip in Covid-hit 2020

France's bricks-and-mortar booksellers have reported a year-on-year fall in sales of only 3.3% in 2020, despite a total of three months closure across two lockdowns, in response to the Covid-19 pandemic. Continue reading at The Bookseller

[ The Bookseller | 2021-01-06 14:21:18 UTC ]
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Industry Stock Prices Fell 4% in 2020

A second-half rally helped to limit the decline of the Publishers Weekly Stock Index to 4% in 2020, as four of the seven companies on the PWSI managed to post an increase in their stock prices compared to the beginning of the year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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Obama memoir hits charts top spot, PRH says 147,000 sold

Barack Obama's A Promised Land (Viking) has soared straight into the UK Official Top 50 number one spot in its first week on sale.  Continue reading at The Bookseller

[ The Bookseller | 2020-11-24 12:37:14 UTC ]
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PRH reports 'solid' sales as Bertelsmann revenues fall 8.9%

Global revenues at Penguin Random House fell slightly by 1.4% year on year in a "solid" six months to 30th June despite the impact of Covid-19, while parent company Bertelsmann saw group revenues tumble 8.9%. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 10:51:49 UTC ]
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US publishing revenues dip 4.2% in first half of 2020

The US publishing industry’s revenues are down 4.2% for the year to date, according to the Association of American Publishers' latest StatShot report, although Trade sales in the six-month period held on with a rise of almost 3% compared to the first half of 2019. Continue reading at The Bookseller

[ The Bookseller | 2020-08-19 02:12:36 UTC ]
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Cengage takes 17% revenue hit in first quarter

Cengage's revenues fell 17% year on year in the first quarter of its fiscal year (to end June 2020), to a total of $191m, as the Covid-19 pandemic hit. Continue reading at The Bookseller

[ The Bookseller | 2020-08-13 04:17:15 UTC ]
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CUP scores slim revenue rise despite Covid-19 hit

Cambridge University Press saw sales at £336m in the year to end April 2020, a rise of 2.8% (2% at constant currency). However operating profits fell 3.3% to £23.6m, compared to £24.4m in 2019. CUP said it had seen "strong" growth during the first 11 months of the year, before disruption to... Continue reading at The Bookseller

[ The Bookseller | 2020-07-30 15:46:19 UTC ]
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Revenue Tumbled 71% in First Half of 2020 at Reed Exhibitions

Revenue at Reed Exhibitions, whose businesses include BookExpo, fell to £201 million, from £684 million in the first six months of 2019, and the group had an adjusted operating loss of £117 million compared to a profit of £231 million a year ago. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-23 04:00:00 UTC ]
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2019 North American Comics Sales Hit Record $1.21 Billion

Combined sales of graphic novels and periodical comics in the U.S. and Canada hit their highest point yet in 2019, according to a joint estimate produced by trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-13 04:00:00 UTC ]
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Informa Forecasts 31% Revenue Decline in 2020

London-based Informa plc will officially resume its in-person events business with a three-day beauty expo in China during the second week of July, but says its overall revenues will likely decline by about a third this year as the timeline for the return of large gatherings in North America,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-12 17:17:56 UTC ]
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Lit Hub Daily: May 4, 2020

Tori Amos opens up about her creative process (hint: it involves listening to The Muses). | Lit Hub Memoir In honor of the 155th anniversary of Alice’s tumble down the rabbit hole, 20 artists’ visions of her adventures in Wonderland. | Lit Hub “They had the same power—to stick in the throat of... Continue reading at Literrary Hub

[ Literrary Hub | 2020-05-04 10:30:42 UTC ]
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Book Deals: Week of May 4, 2020

Simon Pulse nabs a debut by an undergrad at auction, and Berkley wins a novel it calls “Crazy Rich Asians meets Weekend at Bernie’s.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-01 04:00:00 UTC ]
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This Week's Bestsellers: May 4, 2020

Stephen King takes to his couch to read from ‘If It Bleeds,’ the #2 book in the country. Plus Glennon Doyle talks up new books by Jen Hatmaker and Sue Monk Kidd, and 2004’s ‘The Great Influenza’ makes a comeback. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-05-01 04:00:00 UTC ]
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PW Picks: Books of the Week, May 4, 2020

This week, we highlight new books from Nina Renata Aron, Brett Cyrgalis, and Karen Tei Yamashita. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-27 04:00:00 UTC ]
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How 4 Publishers Are Turning Surveys Into Revenue

In a data-driven industry, an age-old product becomes more relevant than ever. The post How 4 Publishers Are Turning Surveys Into Revenue appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-24 14:28:37 UTC ]
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PRH increases revenues and profits 6.2% for 2019, with 'strong' performance in UK

Penguin Random House increased both its revenues and profits in 2019, according to parent company Bertelsmann, which said it would continue to expand the publisher’s businesses including through acquisition. Continue reading at The Bookseller

[ The Bookseller | 2020-03-23 21:48:47 UTC ]
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