In book-publishing you can run all the P&Ls, focus-groups, forced-publicity, social-media-presence you want and still only HOPE for a hit. And sometimes you just get lucky.
If you are a Jesuit publishing house right now, you are in luck: the first (and only) Jesuit pope (you can bet it won't happen again in our lifetime) who is media-savvy, down-to-earth, and, most importantly, a writer, is also a media sensation. Rare is the week that Papa Francesco isn't in the news. Right now his highly-anticipated Encyclical Letter on the environment, On Care For Our Common Home
In Oct. ’14, InfoTrends and NAPCO Media surveyed 103 publishers to uncover industry print trends. Join us as we look at the highlights!
While sale for the entire Lagardere Publishing Group rose in the first quarter of 2015, compared to last year's first period, revenue at Hachette Book Group USA declined 12.3%, the company reported Tuesday morning.
The revenue decline in the U.S. was due to lower e-book sales plus difficult comparisons to the first quarter of 2014, when HBG had a number of big bestsellers including The Goldfinch, I Am Malala and Grain Brain. Lagardere attributed this quarter's drop in e-book sales, in part, to the fact that the company's results do not yet reflect a return to normal business with Amazon.
Figures released today by The Publishers Association reveal the UK publishing industry to be maintaining its strength, diversity and innovation. Overall book and academic journal sales remain steady at £4.3billion with digital revenues growing to 35% of the overall total. Export sales now account for 44% of revenue.
Academic journals lead the way in digital publishing with electronic journals now accounting for 79% of all subscription income. Consumer fiction remains hot on its heels with ebook sales increasing to 37% of total value and trebling in absolute terms in three years.
The bestselling title on Amazon in the US right now is not Harper Lee's hugely anticipated second novel, Go Set a Watchman, or George RR Martin's Song of Ice and Fire fantasy series, or even Zoella's much-mocked but much-bought young adult hit, Girl Online. Instead, Scottish illustrator Johanna Basford is topping the charts, with her colouring books for adults taking top spots on Amazon.com's bestseller lists.Basford's intricately drawn pictures of flora and fauna in Secret Garden have sold 1.4m copies worldwide to date
Turkey claims the 12th place in 2014 in the world regarding the number of published books and the capacity of its publishing industry. The director of the General Directorate of Libraries and Publications, Hamdi Turşucu, said that the number of book fairs in Turkey has increased and their quality has improved, which pleases him and the directorate. He underscored the equality of the investments made to manpower and books for future generations, and said that the proof of it can be seen at book fairs.
At the end of 2014 Book Business surveyed our audience, asking what trends and technology they think will have an impact on book publishing in 2015. While the responses will help us better understand the publishers we serve, they also reveal where the industry is headed. The survey gathered information on where publishers expect growth for the businesses, what tools they plan to invest in, and the areas they'd like further education.
The 35th annual L.A. Times Book Prizes are announced today. There are five finalists in 10 categories, and two prize winners were revealed: The Robert Kirsch Award for Lifetime Achievement will be presented to author T.C. Boyle, and LeVar Burton will be honored with the Innovators Award for inspiring generations of readers with Reading Rainbow. The awards will be presented Saturday, April 18, in conjunction with the L.A. Times Festival of Books April 18-19.
CURIOUS strollers in early-16th-century Venice might have paused by the shop of the great printer Aldus Manutius only to be scared off by a stern warning posted over the door. "Whoever you are, Aldus asks you again and again what it is you want from him," it read. "State your business briefly, and then immediately go away." To state the current business at hand briefly, Aldus is the subject of a new exhibition commemorating the 500th anniversary of his death - and the birth of reading as we know it.
Publishing conglomerates Penguin Random House and Simon & Schuster are facing tough times this quarter as ebook sales fell and total profit dropped 5.6% at S&S and approximately 12% for RPH. The potential culprits? A lack of blockbuster books and low ebook sales. While ebooks sales are still dwarfed by paperback and hardback sales, publishers are now seeing even less revenue from their recently repriced bits. Now that many ebooks are selling well above the $9.99 price that was common early in the Kindle days.