Profits Soar at HarperCollins as Audio Sales Boom

A 29% increase in sales of digital audio, coupled with lower costs, resulted in a 67% increase in profits at the publisher in the quarter ended December 31, 2023, over the comparable period a year ago. Total sales were up 4%. Continue reading at 'Publishers Weekly'

[ Publishers Weekly | 2024-02-08 05:00:00 UTC ]
News tagged with: #profits soar #total sales #29% increase #digital audio #lower costs #67% increase #harpercollins

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New Report Puts Online Sales of Books, Audio at $12.13 Billion in 2022

According to Bookstat, a service that collects online sales data in real time from Amazon, Apple, and Barnes & Noble across the e-book, digital audiobook, and print book formats, total online sales of those formats rose 5.6% in 2022, to $12.13 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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S&S Sales Up 10% in Q3, but Profits Are Flat

Though its third-quarter results slowed compared to the first half of 2022, Simon & Schuster remains on track to have a record year, which CEO Jonathan Karp attributed to employees' ability to stay focused on books despite the company being for sale for more than two years. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-11-02 04:00:00 UTC ]
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Sales, Profits Skyrocket at S&S in Q2

Second quarter sales jumped 34% over last year’s second quarter at Simon & Schuster, and operating income leapt 54%. The strong results followed a first quarter which CEO Jonathan Karp said "defied gravity." Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-08-04 04:00:00 UTC ]
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Mirror owner’s profits fall by nearly a third as newsprint costs soar

Reach, which also publishes the Star and the Express titles, says Ukraine war has affected advertisingThe rising cost of paper has dented profits at the publishing company Reach, which owns titles including the Mirror, the Express and dozens of local newspapers.Physical newsprint costs have... Continue reading at The Guardian

[ The Guardian | 2022-07-26 11:26:46 UTC ]
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Is the Book Sales Boom Finally Over?

After two straight years of solid growth, print book sales fell 6.6% in the first half of 2022. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-08 04:00:00 UTC ]
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Harry Potter publisher Bloomsbury reports record sales amid reading boom

People who turned to books during Covid lockdowns continuing to buy them, company saysBloomsbury has reported a record year for sales, as the Harry Potter publisher said the increase in reading during the pandemic had become “permanent” after lockdowns eased.The company benefited substantially... Continue reading at The Guardian

[ The Guardian | 2022-06-15 08:09:40 UTC ]
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Profits Fell 16% at HarperCollins

Higher manufacturing and freight costs, and ongoing supply chain and inflationary pressures, resulted in a 16% drop in earnings at HarperCollins for the quarter ended March 31, 2022. Sales rose 5%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-05-06 04:00:00 UTC ]
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The Book Sales Boom Has Ended

Sales of print books dipped 8.9% in the first quarter of 2022, putting an end to a long sales surge. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-04-08 04:00:00 UTC ]
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Sales of Maus Soar After a Tennessee School Board Banned the Book

Art Spiegelman’s graphic novel about the Holocaust now has several top slots on Amazon’s bestseller list. Continue reading at Slate

[ Slate | 2022-01-30 22:54:35 UTC ]
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Print sales in US boom with YA and graphic novels top performers

The sales of print books in the US soared across 2021, boosted by fiction with YA and graphic novels riding high in particular.  Continue reading at The Bookseller

[ The Bookseller | 2022-01-07 18:22:38 UTC ]
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HarperCollins promotes Barrett to audio publishing director

Fionnuala Barrett has been promoted to audio publishing director at HarperCollins, effective immediately.  Continue reading at The Bookseller

[ The Bookseller | 2021-12-16 04:50:59 UTC ]
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Newton hails record first-half profits and sales at Bloomsbury

Bloomsbury has reported record sales of £100.7m in its interim half-year results with profit growth up by 220%, something c.e.o. Nigel Newton has attributed partly to continued lockdown reading habits and the “phenomenal” impact of TikTok.  Continue reading at The Bookseller

[ The Bookseller | 2021-10-27 14:20:32 UTC ]
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Germany's Thalia reports sales uplift, but profits suffer

German book chain Thalia has come through the pandemic in better shape than expected with sales up 7% to more than €1.1bn (approximately £928m) in the 12 months to 30th September in Germany and Austria. Continue reading at The Bookseller

[ The Bookseller | 2021-10-22 15:52:53 UTC ]
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Amazon corporation tax up as sales continue to soar

Amazon UK services paid £18.3m in corporation tax last year, up around 26% from £14.5m the year before, as sales soared by 64%. Continue reading at The Bookseller

[ The Bookseller | 2021-09-07 23:53:33 UTC ]
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First Half Profits Soared at Penguin Random House

Booming audiobook sales and strong performances in some of its largest markets boosted profits up 55.1% at Penguin Random House in the first six months of 2021. Revenue rose 10.9%, to €1.80 billion. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-31 00:00:00 UTC ]
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HarperCollins reports record profits as global revenue grows 19%

HarperCollins has reported “record profits”, with global revenues growing 19% in the financial year ending 30th June 2021, according to figures from parent firm News Corp.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-06 19:17:08 UTC ]
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With Another Big Year, HarperCollins Sales Near $2 Billion

Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-08-06 04:00:00 UTC ]
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HarperCollins Christian Publishing Centralizes Sales, Marketing

Doug Lockhart will oversee sales and marketing at HCCP in the newly created role of senior-v-p for sales and centralized marketing. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-07-09 04:00:00 UTC ]
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Publishing Sales Soared in April

Led by huge gains in the educational categories, sales of publishers reporting results to the AAP jumped 43.7% in April over April 2020. Last April was one of the sales low points during the pandemic. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-06-28 04:00:00 UTC ]
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Marie Claire owner reports record profits on back of Covid reading boom

Future’s share price soars as it says full-year results will be ‘materially ahead’ of expectationsCoronavirus – latest updatesSee all our coronavirus coverageFuture, the owner of magazines from Marie Claire to Metal Hammer and sites such as TechRadar and GoCompare, has reported record revenues... Continue reading at The Guardian

[ The Guardian | 2021-05-19 12:15:47 UTC ]
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