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Publishing Industry Sales Dipped in February
Total book sales fell 1.9% in February for the 1,325 publishers that report results to the Association of American Publishers’ StatShot program. Sales in the adult trade and children’s/young adult segments were down.
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HarperCollins Boss Weighs In on the Economy, Big Tech
The release of HarperCollins’s third quarter results was accompanied by observations from Robert Thomson, CEO of HC parent company News Corp, about the realignment of the company, the current economy, and the integrity of Big Tech. Sales at HC rose 2% in the quarter, while profits increased 3%.
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Bookscan Report Sees Favorable Near-Term Outlook for Books
Amid looming tariffs, consumers’ decision to focus their discretionary spending on less expensive items—such as books—should keep industry sales over the next three years on par with sales in 2024, according to a new report from Bookscan.
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Tariffs Cloud Amazon’s Financial Outlook
The conglomerate had a solid first quarter, but sales in its most consumer-sensitive businesses, including online stores, had modest increases. Amazon CEO Andy Jassy said the company can’t predict what the impact of higher tariffs will mean for its business for the rest of the year.
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Union Square Purchase Boosts HBG in First Quarter
Contributions from Union Square & Co., acquired in November, helped first quarter sales at Hachette Book Group rise 8.9% over a year ago. Parent company Lagardère reported that total publishing revenue was €623 million, up 8%.
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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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