A tough fourth quarter where earnings were hurt by, among other factors, the tariffs on books manufactured in China contributed to a 7% drop in profits in 2019 at Simon & Schuster. Revenue in the year fell 1%. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2020-02-20 05:00:00 UTC ]
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With sales of both print and digital books rising in the third quarter, revenue at Simon & Schuster increased 28.5% over the quarter ended September 30, 2109, and profits were up 5.5%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-06 05:00:00 UTC ]
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Combined sales of graphic novels and comics periodicals reached $1.21 billion in North America in 2019, a new record, according to a joint estimate by trade news sites ICv2 and Comichron. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-10-30 04:00:00 UTC ]
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An improvement in fourth quarter profits for the period ended June 30, 2020, was not enough to prevent earnings for the full year at HarperCollins from dropping 15%, to $214 million. Revenue fell 5%, to $1.67 billion, compared to fiscal 2019. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-08-07 04:00:00 UTC ]
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Final estimates from the AAP found a 1.1% increase in total industry sales in 2019 over 2018. Sales were estimated to be $25.93 billion. The increase was led by a 20.4% jump in sales in the preK-12 category, where sales were $4.07 billion. In the trade category, sales inched ahead 0.4%, to... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-07-31 04:00:00 UTC ]
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Figures for last year show sales of £6.3bn, up 20% on 2015, but the Publishers Association says sector needs government support to weather coronavirusBook sales in the UK hit record levels in 2019, driven by a surge in audiobook and nonfiction titles, according to new figures released as... Continue reading at The Guardian
[ The Guardian | 2020-07-21 23:01:08 UTC ]
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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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With bookshops still closed in parts of the UK, sales have surpassed last year’s numbers, with 3.8m print books sold in the last weekBritain’s readers have been emerging from lockdown to restock their bookshelves, with book sales – and particularly crime novels – booming in the three weeks since... Continue reading at The Guardian
[ The Guardian | 2020-07-07 16:17:09 UTC ]
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After a few days of delay, Meredith released its Q3 earnings, which closed on March 31. Starting with the bottom line, adjusted EBITDA totaled $151.8 million, a 5.5% decline versus the same period last year. The top line illustrates why. Overall, the company’s revenue fell 6.5% versus 2019.... Continue reading at Folio Magazine
[ Folio Magazine | 2020-05-14 15:44:55 UTC ]
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A small gain in digital sales offset softer print sales in HC's third quarter, leading to a 2.1% decline in sales compared to the third quarter of fiscal 2019. Earnings increased 3.1%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-05-08 04:00:00 UTC ]
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In the midst of all our town halls, Latin dance breaks and golf tournaments on Zoom, April zoomed by at an alarmingly rapid pace. With the calendar turning to May, it's officially Q1 earnings season. Plus, Nielsen dives into what sports fans are watching in the absence of sports. Here are the... Continue reading at AdWeek
[ AdWeek | 2020-05-01 20:05:11 UTC ]
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Sales of adult trade books fell 2.7% in 2019 compared to 2018, while sales in the children/young adult segment rose 6.8%, according to AAP’s StatShot program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-14 04:00:00 UTC ]
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Industry sales rose 1.8% in 2019 over 2018 at the 1,361 publishers who report sales to AAP's StatShot program. Sales of adult books fell 2.7% in 2019 compared to 2018, while sales in the children/young adult segment rose 6.8%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-10 04:00:00 UTC ]
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For the quarter ended January 31, 2020, John Wiley reported that revenue rose 4% over last year’s third quarter, to $467.1 million, and net income increased 1.4%, to $35.4 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-03-04 05:00:00 UTC ]
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Hachette UK’s revenue fell 1.4% in 2019, parent company Lagardère has reported in its full-year results, after the publisher struggled to emulate the success of some major 2018 hits, including Michael Wolff’s Fire and Fury. Continue reading at The Bookseller
[ The Bookseller | 2020-02-27 17:07:59 UTC ]
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Profits rose at Hachette Book Group last year over 2018 despite a 1% decline in revenue. The earnings increase was attributed to improved operating efficiencies in the year, along with higher sales of digital audiobooks. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-27 05:00:00 UTC ]
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Pearson’s 25% stake in Penguin Random House earned the company £65 million in operating profit in 2019. Pearson has sold its 25% share of PRH to Bertelsmann in a deal expected to generated net proceeds of $675 million when the transaction closes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-21 05:00:00 UTC ]
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Bookstore sales, which struggled for most of the year, ended 2019 with a weak December and finished the year with a 5.7% sales drop compared to 2018, according to preliminary estimates released by the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-02-14 05:00:00 UTC ]
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A dip in adult nonfiction puts an end to a streak of small annual gains in total sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-01-10 05:00:00 UTC ]
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Kindle sales increased "again in 2019 thanks to independent publishing, Unlimited subscriptions and Amazon Publishing", the company claims. Continue reading at The Bookseller
[ The Bookseller | 2019-12-24 00:23:43 UTC ]
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Helped by acquisitions, revenue at John Wiley rose 4% in the second quarter of fiscal 2020 and net income increased 2.1%. The company's academic and professional learning division was a soft spot, with revenue falling 6%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-12-04 05:00:00 UTC ]
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