and more.
-
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%.
-
Barnes & Noble Education Looks for Improvement in Fiscal 2025
In the quarter just before the fall rush season begins, B&NE saw sales of its inclusive access programs rise 32% as it continued its efforts to better control costs. Total sales slipped 0.3%, to $263.4 million.
-
Print Book Sales Dipped in Canada in First Six Months of 2024
Unit sales of English-language trade print books sold in Canada fell 2% in the first half of 2024 from the comparable period in 2023 at stores that report data to BookNet Canada.
-
Wiley Wraps Up Divestiture Program, Looks at AI Opportunities
The company it has completed the sale of three companies and saw gains from recent AI partnerships in the first quarter of fiscal year 2025, with CEO Matthew Kissner promising that Wiley is prepared to "move decisively on AI opportunities."
-
Sales, Earnings Rose at Penguin Random House in the First Half of 2024
A good performance by PRH US, higher audiobook sales, and contributions from recently acquired companies led to a 13% increase in profits on an 8.5% sales gain at the world's largest trade publisher.
-
Publishing Revenue Fell Slightly in 2023, but Unit Sales Dropped 5.7%
The final 2023 industry sales report from the Association of American Publishers found sales of digital audiobooks poised to surpass those of e-books, higher net prices helping to offset a drop in unit sales, and more.
-
Investors Unhappy with Webtoon Quarterly Report
Currency fluctuations and flat monthly user numbers prompted investors to sell off shares of Webtoon, which went public earlier this year.
Looking for more stories? Browse Archive