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    HMH to Raise $292 Million in IPO

    | 11/01/2013 @ 12:00AM

    Houghton Mifflin Harcourt announced this morning that it is moving forward with an Initial Public Offering through which it could raise up to $292 million.

  • Chegg Looks to Raise $172.5 Million

    | 11/01/2013 @ 12:00AM

    Chegg, which offers textbooks for rent and other online services to college students, is looking to raise $172.5 million in its Initial Public Offering.

  • Amazon Has Big Sales Gain, Small Loss

    | 10/24/2013 @ 12:00AM

    Total revenue at Amazon increased 24%, to $17.09 billion, in the third quarter of 2013 while its operating loss was $25 million, down from $28 million in the third quarter of 2012.

  • Six-Month Results Up at Bloomsbury

    | 10/24/2013 @ 12:00AM

    With sales up in all its major segments, total revenue rose 13% for the first half of 2013, to 49.2 million pounds, at Bloomsbury Publishing.

  • Sales Up, Earnings Down at EDC in Second Quarter

    | 10/21/2013 @ 12:00AM

    Educational Development Corp. reported that revenue for the second quarter ended August 31, 2013 rose 4.6%, to $5.7 million, but net earnings in the period fell to $56,400 from $138,200 in the second quarter of fiscal 2013.

  • Industry Stocks: September Performances

    | 10/04/2013 @ 07:00PM

  • Nelson Lifts Sales, Earnings at HC in Fiscal 2013

    | 09/23/2013 @ 12:00AM

    Sales at rose 15% in the fiscal year ended June 30, 2013 at HarperCollins, parent company News Corp. said in its 10-K filing with the Securities & Exchange Commission. EBITDA jumped 65% over fiscal 2012, to $142 million.

  • AAP Monthly StatShot, June 2013

    | 09/20/2013 @ 07:00PM

  • Adult E-book Sales Post Small Six-Month Increase

    | 09/19/2013 @ 12:00AM

    According to AAP’s monthly StatShot report, adult e-books rose only 4.8% in the first six months of 2013 compared to the same period in 2012, hitting $647.7 million.

  • Scholastic Cuts Loss Despite Sales Drop

    | 09/19/2013 @ 12:00AM

    Gains in its educational technology group were not enough to offset declines in the children’s book publishing and distribution unit resulting in a 5.8% decline in total sales at Scholastic for the first quarter ended August 31.

  • Riggio Addresses B&N Annual Meeting

    By Calvin Reid | 09/10/2013 @ 11:45AM

    In his first public appearance since he declined to purchase the B&N retail stores, B&N chair and founder Len Riggio responded to questions on B&N strategy in the wake of continuing Nook device losses and on his no-buy decision during the B&N annual shareholder meeting.

  • Wiley Has Earnings Dip on Flat Sales

    | 09/09/2013 @ 12:00AM

    Sales were flat and operating income fell 9% in the first quarter ended July 31, 2013 at John Wiley.

  • Industry Stocks: August Performers

    | 09/06/2013 @ 07:00PM

  • A Profitable Six Months for Most Publishers

    By Jim Milliot | 08/30/2013 @ 07:00PM

    Although the growth of e-book sales has slowed in the first six months of 2013, there were still enough gains to largely mitigate the decline in print sales.

  • Profits Rise at RH Despite Sales Decline

    | 08/30/2013 @ 12:00AM

    Random House parent company Bertelsmann reported this morning that profits at RH rose to 117 million euros from 113 million euros in the first half of 2012 despite a 3.4% sales decline to 915 million euros.

  • Sales, Profits Up at Lagardere Publishing

    | 08/29/2013 @ 12:00AM

    Total sales at Lagardere Publishing rose 1.4% in the first half of 2013, to 917 million euros, while EBIT increased 24.6% to 71 million euros.

  • Soft April for Adult, Children Sales

    | 08/27/2013 @ 12:00AM

    April adult book sales fell 4.0% compared to last April, while sales in the children’s/young adult segment dropped 33.1%, according to figures released in AAP’s StatShot program.

  • B&N Not Selling Retail Business; Outlines New Strategies

    by Calvin Reid | 08/21/2013 @ 09:45AM

    In a conference call B&N executives cited the importance of device production to content providers, pointed to the advantages of its physical stores in conjunction with digital distribution and outlined new strategies to address mounting Nook Media losses.

  • B&N Reports $87M First Quarter Loss; Riggio Stands Firm

    | 08/20/2013 @ 09:30AM

    B&N chair Len Riggio is not buying the B&N retail business—at least not yet. B&N reported a fiscal 2014 first quarter consolidated loss of $87 million, up from the $40 million loss reported for the same period in 2013.

  • Hastings Reports $4.1M Second Quarter Loss

    | 08/19/2013 @ 09:30AM

    Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012.

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