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Print Book Sales Dipped 0.9% This Winter
Big sales numbers for Onyx Storm and Sunrise on the Reaping couldn’t offset the impact of last year's early Easter, resulting in a small decline in unit sales of print books in the first quarter of 2025 at outlets that report to Circana BookScan.
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Dav Pilkey Topped Canada’s Bestseller Lists in 2024
BookNet Canada’s latest report on print sales in the country in 2024 found that retail sales fell 1.9% and units slipped 3.7%. Pilkey’s Dog Man: The Scarlet Shedder was the top-selling English-language print book in Canada last year.
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PRH Sales Rose 8.5% in 2024, Topping $5 Billion
A bounceback year at Penguin Random House US, which included several acquisitions, helped to increase sales and profits at the world's largest trade book publisher.
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Book Sales Were Sluggish in January
Sales of adult fiction fell 5.7% in the month—the main factor in driving down total sales by 0.7% at the companies that report results to the Association of American Publishers’ StatShot program.
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Scholastic Has a Mixed Third Quarter
Growing consumer caution and uncertainty surrounding federal government support for education resulted in results falling below expectations at the children’s book publisher’s last quarter.
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Springer Nature Sales Rose 5% in 2024, Topping $2 Billion
The academic and educational publishing giant released its first annual report since going public last fall, showing strong results driven by its research segment.
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Can Bibliotherapy Drive Book Sales?
In a presentation at the London Book Fair, a BookScan analyst said that many of the trends that led to a small sales increase in 2024—including BookTok and Bibles—remain in place in 2025. Also among those factors is the idea of "bibliotherapy," the use of literature to help people improve their overall health or wellbeing.
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First Day Sales Lift Barnes & Noble Education
Revenue rose 2.1% in the third quarter at B&NE, with the college bookstore turning a net loss last year into a profit in the most recent period. Still, long-term profitability remains elusive.
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Wiley Expects Steady Profit Improvement
The newly restructured Wiley posted a big earnings increase in the third quarter and is predicting higher profit margins for both fiscal 2025 and 2026.
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Book Publishing Sales Rose 6.5% in 2024, Per Preliminary Data
Gains in the religion and adult fiction segments helped to offset softness in other areas, leading to a 6.5% sales increase at publishers who report to the Association of American Publishers’ StatShot program.
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A Lukewarm First Year for the Newly Public Webtoon Entertainment
The webcomics company saw revenue increase 5.1% in 2024, but earnings fell due in part to costs associated with going public last year. Its share price has taken a hit since its IPO, and the company warns that first quarter sales this year may take a loss.
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Hachette Book Group Shines for Lagardère in 2024
Sales at HBG rose 7% last year, marking the strongest performance among Lagardère’s worldwide publishing businesses. The Paris-based publishing giant posted total sales of €2.87 billion, a 2.2% increase over 2023, while profits jumped 35%.
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The Amazon Machine Rolls On
A successful holiday season, which included a 30% increase in sales of Kindle devices, led to a record 2024 at Amazon. Revenue hit $638 billion and operating income soared 86%, to $68.6 billion. The company made an extra $1.5 billion in sales on Leap Day alone.
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Gains Across the Board Lifts Sales, Earnings at HarperCollins
Sales of print and digital formats all posted solid increases in the quarter ended December 31, 2024, with revenue rising 8%, to $595 million. Earnings, helped by higher sales of more profitable backlist titles, increased 19%.
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Cost Cuts Lower Losses at Comics Publisher IDW
Across the board reductions helped ameliorate the graphic novel publisher's losses in fiscal 2024 by $3.5 million as sales remained basically flat at $26 million.
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Strong Sales of Adult Fiction and Religion Books Continued in November
Sales at publishers that report results to the Association of American Publishers’ StatShot program rose 10.3% in November, led by a 19.3% increase in adult fiction and a 24.6% gain in sales of religious books.
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Diamond Comic Distributors Files for Bankruptcy
The future of the comics distribution and graphic novel divisions at the company, which has been a linchpin in the distribution of comics to comics shops since its founding in 1982, is anything but certain. It owes its largest creditor, Penguin Random House, $9.2 million.
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Scholastic Sees Sales, Profits Fall in Second Quarter
Lower sales in the company's trade group, due mainly to the timing of the publication of some of its biggest books, was the major factor in dropping second quarter results. For the full fiscal year, Scholastic still expects revenue to increase between 4% and 6% over fiscal 2024.
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Book Publishing Sales Increased 8% in October
With four categories posting double-digit gains, October sales at the 1,279 publishers that report data to Association of American Publishers’s StatShot program rose 8.3% over last October.
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The Folio Society Had Big Gains in Fiscal 2024
Helped by increased demand for well-crafted books, U.K.–based Folio reported that sales in fiscal 2024 rose 16%, while profits jumped 137%. The U.S. accounted for over 50% of the company’s sales in the year.
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