and more.
-
Profits, Sales Up at WH Smith in Fiscal 2024
North America, especially U.S. airport stores, is becoming a major growth engine for the U.K.-based bookstore chain. Sales in North America rose 9% in fiscal 2024, to £401 million.
-
Digital Sales Drive Gains at HarperCollins
Led by digital audiobooks, sales at HarperCollins rose 4% in the quarter ended September 30 over the comparable period a year ago, and profits jumped 25%. 'Hillbilly Elegy' by J.D. Vance sold 1.5 million copies in the quarter.
-
Amazon Expects a Strong Finish to 2024
Third quarter results exceeded expectations at Amazon, and the company expects a strong fourth quarter, forecasting that total sales will rise between 7% and 11% over last year’s final period, to as much as $188.5 billion.
-
Book Publishing Sales Stayed Hot in August
In the adult trade segment, total sales were up nearly 12% for the month over 2023 at publishers that report to the Association of American Publishers’ StatShot Program. Religious presses were up a hefty 47.4%, and digital audio showed a 38.8% increase.
-
With Romantasy Still Soaring, Bloomsbury Hits Another Record
Booming sales in its consumer division, driven by huge demand for books by Sarah J. Maas and the acquisition of the Rowman & Littlefield academic group, resulted in revenue jumping 32% at the publisher, with earnings doubling in the first half of fiscal 2025.
-
Comics Sales Soften, but Still Surpass Pre-Pandemic Levels
This year's ICv2 Insider Talks found that while comics sales were down 7% from the “Covid peak” of 2022—with manga, once the primary driver for comics growth, seeing the largest drop—they're still holding strong, with 2023 sales up 67% above 2019.
-
HBG Shines in Third Quarter
While third quarter sales at Lagardère Publishing were flat in the most recent period, sales at Hachette Book Group were strong with increases in digital sales helping drive up revenue.
-
Scholastic’s Fiscal Year 2025 Is Off to a Positive Start
Helped by the acquisition of 9 Story Media, sales rose 4% at Scholastic in the quarter ended August 31, 2024, and the publisher cut its operating loss.
-
Verso Holds Kickstarter Campaign to Boost U.K. Business
With sales to U.K. bookstores shut off by the bankruptcy of its U.K. distributor Marston, the radical U.K./U.S. publisher has turned to Kickstarter to raise $134,000 to support its fall publishing program. It has raised close to $100,000 in the first 24 hours of the campaign.
-
Publishing Sales Saw Solid Six-Month Gains, Per AAP
According to AAP's StatShot program, industry sales were up 5.6% in the first half of 2024. Sales of adult titles rose 6.7%, but sales in the children's and young adult segment fell 2.7%.
Looking for more stories? Browse Archive
