Revenue in Salem Media Group’s publishing divisions rose 15.8% in the third quarter ended September 30, 2019, over the comparable period in 2018. The sales increase, which pushed third quarter sales to $7.3 million, was led by a solid quarter at Regnery, where sales rose by $500,000 over the third quarter.
A spokesperson for Regnery said the increase was led by the success of several new releases including Justice on Trial by Mollie Hemingway and Carrie Severino, Open Borders Inc. by Michelle Malkin, Johnny Cash by Greg Laurie, The Russia Account by Stephen Coonts, and The War for America's Soul by Sebastian Gorka. Life After Google by George Gilder and The Rational Bible: Genesis and Exodus by Dennis Prager continue to drive strong backlist sales, the spokesperson said. E-book sales rose by $300,000 in the quarter.
Elsewhere in the Salem publishing group, while self-publishing fees at Salem Author Services increased by $100,000 in the quarter, total revenue in the unit fell by $100,000. The drop Salem said, was due to a reduction in the number of new authors obtained and a decline in the number of books sold.
For the first three quarters of 2019, revenue in the publishing group was flat, at $17.1 million.
