- Big Publishers Post Big Third-Quarter Gains
Downloadable audiobook sales also grew and accounted for 3.7% of revenue compared to 2.9% in 2019.Sales of print books and digital content rose at Simon & Schuster in the most recent period, leading to a revenue increase of 28.6% over the third quarter of last year.
- 'Testaments' Off To Recordbreaing Start
The publisher noted that the performance of the novel, which is Margaret Atwood's sequel to her 1985 bestseller The Handmaid's Tale, makes it the "best day one sales for any Penguin Random House title in 2019."
- Elliott Completes Purchase of B&N
Comparable store sales fell 1.9% in the year, led by a 3.9% decline in comparable bookstore sales.
- A Unique Literary Festival Grows
“The festival has definitely helped our business,” Thomas said, noting that November 9–10 marked the opening of the 2019 deer-hunting season, which may have further contributed to the spike in sales.
- Children/YA Bright Spot In Soft August
Census Bureau that showed a 10.3% decline in August bookstore sales compared to 2018.
- At Houghton Mifflin Harcourt, the Consolidation Carousel Continues
Though not one of the Big Five trade publishers, HMH Books & Media is in the next tier, with sales in 2019 of $180 million.Those sales, however, represented only 13% of HMH total revenue, with the much larger educational publishing division having reported sales o
- Can Christian Publishing Live Without LifeWay?
Bob Munce, president of Munce Marketing Group and the newly formed Christian Retail Association, said that “stores that are near a LifeWay are bracing for the prolonged effect of a going-out-of-business sale through the 2019 holiday season,” adding, “Christian bookstores need a survival
- Some Big Publishers Find Ways to Cope
While print sales fell in the period, digital sales soared, up 44% over the second quarter of 2019, led by a 51% jump in e-book sales and a 34% increase in sales of digital audiobooks, S&S CEO Jonathan Karp told PW.
- B&N Feels the Post-holiday Blues
Although sales in Barnes & Noble’s retail trade operation rose 0.3% in the third quarter, which ended Jan. 26, 2019, over the third quarter of last year, and comparable store sales rose 1.1%, company executives said the investments in marketing and promotions that drov
- NYCC 2017: As Graphic Novels Grow In Book Trade, Comics Shops Struggle
“The book channel will be equal to comics stores in 2019 and pass it in 2020.”
- Italians Read More During the Pandemic
Some 61% of respondents said they had read a book in the past 12 months, compared with 58% in 2019.
- Australia's Booktopia to Raise $30 million in IPO
For the fiscal year ended June 30, 2020, the company had sales of AUS$165 million ($118 million), a 28% increase over fiscal 2019, while EBITDA (earning before interest, taxes, depreciation and amortization) rose 67% to AUS$6 million.
- Arcadia Readies for Second Year Under New Ownership
Arcadia Publishing hit its sales budget for the fiscal year ended March 31, 2019, and made investments in new systems that laid the groundwork for future growth, CEO David Steinberger said in a letter to employees.
- Coronavirus: The Latest Challenge for Toy Makers—and Publishers
Sales of toys in China reached $13.4 billion in 2018, according to a 2019 report published by Research and Markets, which predicts a compound annual growth rate of 10.8% from 2019 to 2024.
- HC Intros Fast-Track Sign Up for Indies
HarperCollins has introduced a new fast-track program for all bricks-and-mortar independent bookstores that have been using Baker & Taylor to order the company’s titles.