Finance

Adult Trade Sales Slipped in First Nine Months of 2016
February 24, 2017

Sales of adult trade books fell 1.6% in the first nine months of 2016 compared to the same period in 2015, according to figures released by the AAP as part of its StatShot program. Sales of children’s and young adult books increased 4.9% in the same period.

PRH Gives Pearson Profit of 129 Million Pounds
February 24, 2017

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million pounds in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015.

Trade Division Bright Spot in Bad Year for HMH
February 23, 2017

Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017.

Perseus Purchase Boosts Lagardère 2016 Revenue
February 9, 2017

Total revenue at Lagardère Publishing rose 2.6% in 2016, to 2.26 billion euros. The increase includes a 70 million euro ($74.6 million) contribution from the Perseus Books Group publishing division, which Hachette Book Group acquired in March.

IDW Publishing Sales Slipped in Fiscal 2016
February 7, 2017

Revenue in the IDW publishing group fell 2.3%, to $27.9 million, in the fiscal year ended October 31, 2106. Revenue for all of IDW Media Holdings rose 32.2% in the year.

Canadian Print Book Sales Fell 3.6% in 2016
February 1, 2017

Sales of print books fell 3.6% last year compared to 2015, dropping to $753.4 million, according to figures released this week by BookNet Canada. Print units were off 6.4% as Canadians continued to do more of their book buying online.

Adults Sales Rose in August But Slipped for Kids
January 26, 2017

Sales of adult trade books rose 10.3% in August over August 2015, but sales of children’s/young adult titles slipped 1.3%, according to figures released by the Association of American Publishers as part of its StatShot program.