Revenue

Big Publishing Is Not as Big Anymore
May 24, 2016 at 1:58 pm

According to Publisher’s Weekly, a report by the Association of American Publishers’ shows that overall publishing industry sales fell by 2.6% last year when compared to figures from 2014. Now that we have a clearer picture of the industry’s struggles in 2015, we can tell that sales declined in five of the seven major markets.…

Harry Potter Magic Helps Conjure up Profit Rise at Bloomsbury
May 20, 2016 at 1:28 pm

Harry Potter is still working his magic for the publisher Bloomsbury after nearly 20 years, with sales more than doubling over the past year thanks to a new illustrated version of the first book in the series. Sales of the enduringly popular books by JK Rowling jumped by 133% in the 12 months to 29…

With Print Book Sales Stabilized, Return Rate Lowers
May 10, 2016 at 12:40 pm

Before the sales of ebooks exploded in 2010 and 2011, lowering the rate of book returns was one of the major issues that publishers, distributors, and booksellers grappled with on a regular basis. But as the surge in e-book sales called into question the future of print books, the topic of returns was put on…

Translated Fiction Sells Better in the UK than English Fiction, Research Finds
May 10, 2016 at 10:19 am

Translated literary fiction is selling better on average in the UK than literary fiction originally written in English, according to new research, with authors including Elena Ferrante, Haruki Murakami and Karl Ove Knausgaard driving a boom in sales. Though fiction in translation accounts for just 3.5%…

Sales, Earnings Drop at HarperCollins
May 6, 2016 at 2:25 pm

HarperCollins has had a difficult time replacing the megahits American Sniper and the Divergent series since its current fiscal year started last July. That trend continued into the quarter ended March 31, the third period of HC’s fiscal 2016. According to results released by parent company News Corp, revenue in the quarter fell 11%, to…

Team Publishing Startup Booktrope to Shut Down, Citing Revenue Shortfall
May 2, 2016 at 12:20 pm

Booktrope plans to go out of business at the end of May, bringing an end to its “team publishing” platform used by ad hoc groups of authors, editors, marketers and designers to create and market print books and ebooks. The Seattle startup, which went through the prestigious Y Combinator accelerator program, announced the news Friday…

AAP StatShot: Overall Book Sales Fell 2.6% in 2015, Trade Sales up Slightly
April 26, 2016 at 3:10 pm

Washington, DC; April 26, 2016 – Publishers’ book sales for trade (consumer) books from Jan. to Dec. were up 0.8% to $7.2 billion compared to $7.1 billion in 2014. Despite a slow holiday season, the year ended slightly up, with a shift in sales for format and category. Overall publisher revenue for 2015 was $15.4…

Press Release: J.K. Rowling’s Beloved Harry Potter Digital Audiobooks Reach One Million Copies Sold on Audible
March 31, 2016 at 2:22 pm

NEWARK, N.J. — March 31, 2016 — Audible Inc., the world’s largest seller and producer of downloadable audiobooks and other spoken-word entertainment, today announced that J.K. Rowling’s Harry Potter digital audiobooks have sold one million units at audible.com, audible.co.uk, audible.de and audible.com.au. This milestone was reached only four months after Audible became the sole subscription-based…

What Adult Coloring Books Show Us: Light, and Dark
March 30, 2016 at 2:41 pm

It’s springtime for Crayola. Not that we haven’t known for some time that everything’s coming up “Brilliant Rose” for adult coloring books. (That’s a shade of crayon produced by the company from 1949 to 1958, “Fuzzy Wuzzy” having been a more recent shade, 1998 to 2005.) Last Friday, The Bookseller’s Lisa Campbell reported that the…

Press Release: Scholastic Reports 8% Increase for Fiscal 2016 Q3 Results
March 24, 2016 at 12:14 pm

NEW YORK — March 24, 2016 – Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported financial results for the Company’s fiscal 2016 third quarter ended February 29, 2016. Revenue as reported in the third quarter was $366.0 million, compared to $346.5 million a year ago. Excluding the foreign exchange…