Revenue

Adult Books Sales Fell in First Half of 2016
November 18, 2016 at 12:59 pm

Sales of adult trade books dropped 2.8% in the first half of 2016 compared to the same period in 2015, according to figures released by the Association of American Publishers as part of its StatShot program. Sales in the children’s/young adult segment, meanwhile, rose 0.9% in the same period. Within the adult books category, sales…

Press Release: Open Access Books Poised to Grow 30% a Year Through 2020
November 16, 2016 at 8:30 am

ROCKVILLE, Md., Nov. 15, 2016 /PRNewswire/ -- While the movement to unlock the vaults of scientific, technical and medical (STM) research is revolutionizing academic journal publishing, scholarly and professional book publishers are experimenting with open models simply to keep the venerable monograph from extinction—this according to the most recent report from media and publishing intelligence…

What the Kids Are Reading: The Booming Business of Children's Graphic Novels and Comics
November 9, 2016 at 12:46 pm

Kids’ publishing folks, comic book enthusiasts, and members of the Children’s Book Council gathered at the CBC’s Manhattan headquarters on November 4, for a panel discussion on the changing market for children’s comics and graphic novels. The speakers were Gina Gagliano, publicist, First Second Books; Terence Irvins, assistant manager, comics and graphic novels buyer, Kinokuniya…

Penguin Random House Rules the Children's Book Market
November 8, 2016 at 12:26 pm

It comes as no surprise that Penguin Random House—the country’s largest trade publisher—is also the biggest children’s book publisher. But the size of the gap between PRH and second-place HarperCollins might raise a few eyebrows. According to data released by Nielsen BookScan at its October 27 Children’s…

12 Ways to Find Potential Buyers for Non-Bookstore Sales
November 4, 2016 at 1:13 pm

Publishers limit their book sales when they see bookstores — bricks and/or clicks — as the only place through which to sell their books. If you want to sell 10,000 books through any retailer, you must get 10,000 people to go there and buy one. But if you want to sell 10,000 books in non-retail…

Amazon Charges Non-Prime Members More at Physical Bookstores, Hinting at New Retail Strategy
November 2, 2016 at 10:55 am

Cashiers at Amazon’s physical bookstores now ask each customer the same question: Are you a Prime member? That’s because Amazon recently implemented a new pricing structure at its bookstores that could signal a broader strategy for the company’s brick-and-mortar retail expansion. At the Amazon bookstore in Seattle’s University Village, Prime members who pay $99 for an annual membership…

The Latest Marketplace Data Would Seem to Say Publishers Are as Strong as Ever
October 19, 2016 at 10:54 am

This post began being written a couple of weeks ago when I recalled some specific misplaced expectations I had for the self-publishing revolution and started to ponder why things happened the way they did in recent years. It turns out a big part of the answer I was looking for provides clarity that extends far…

Pearson Shares Tumble 10% as Sales Slide
October 17, 2016 at 11:20 am

The full extent of the difficulties Pearson is facing following the sale of the Financial Times to focus on education has been laid bare, as jittery investors sent its share price tumbling 10% after the company reported worse than expected sales. Pearson’s chief executive, John Fallon, sold the FT in 2015, as well as its…

Hachette to Bring in New Royalty Statement System in 2018
October 14, 2016 at 1:12 pm

Hachette will be bringing in more regular, clearer and more detailed royalty statements for authors by the end of 2018, the company has said in a letter to its authors. Writing his annual end of year letter to Hachette authors sent out yesterday evening (13th October), c.e.o Tim Hely Hutchinson said: "After consulting widely with…

October 2016 Author Earnings Report: A Turning of the Tide…?
October 13, 2016 at 9:56 am

Two and a half years. Ten quarterly Author Earnings reports. With each one of them, we learned something new and unexpected about our rapidly changing industry. But this October surprise flat-out blindsided us… After two and a half years of quarter-over-quarter growth, Indie Ebook market share shrinks significantly