Revenue
NEW YORK, NY – August 8, 2016 — News Corporation today reported financial results for the three months and fiscal year ended June 30, 2016 (includes 14 and 53 weeks, respectively, compared to 13 and 52 weeks in the three months and fiscal year ended June 30, 2015, respectively). “We ended Fiscal Year 2016 with…
In this session, our speaker will discuss how book publishers take advantage of changing market dynamics.
This post examines the latest quarterly financial reports from the big 5 book publishers and tries to draw some conclusions from the data. The big 5 are, of course, Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster. These companies are often seen as emblematic of the state of traditional trade book publishing in…
This post examines the latest quarterly financial reports from the big 5 book publishers and tries to draw some conclusions from the data. The big 5 are, of course, Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster. These companies are often seen as emblematic of the state of traditional trade book publishing in the…
Washington, DC - Publishers’ revenues were up Feb. 2016, compared to Feb. 2015. Despite gains in Children's/YA Books and Religious Presses, a decline in Adult Books meant an overall decline for Trade books of 0.9% Feb. 2016 vs. Feb. 2015 and 8.2% year-to-date vs. 2015. Also within trade, downloaded audio and print formats continued to…
NEW YORK — July 21, 2016 — Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal fourth quarter and full year ended May 31, 2016. The Company reported full year revenue of $1.67 billion, including the negative impact of foreign exchange of $43.2 million,…
Bloomsbury's total revenues have increased by 9% year-on-year in the three months ended 31st May 2016, driven by the children's publishing sector within its consumer division, the publisher revealed in a trading update this morning (13th July). Meanwhile, the company anticipates an increase of £500,000 in profit from its Australian market from March 2017. Bloomsbury's…
Yesterday the Association of American Publishers (AAP) released its annual Statshot report for 2015, tracking the net revenue of the U.S. book market. While overall publishing revenue remained flat, decreasing 0.6% from 2014 to $27.78 billion, the AAP painted a positive picture of the year-end results. Sales of print formats, particularly in trade publishing, increased,…
WASHINGTON, D.C. — June 27, 2016 — Publishers’ revenues were down Jan. 2016, compared to Jan. 2015. Trade publishing had double-digit declines in Childrens/YA Books and Adult Books, while Religious Presses had modest gains. Notably, ebook sales had another steep decline with reporting publisher sales declining nearly 25%, compared to Jan. 2015. Big Picture Data:…
Yesterday the U.K. voted to leave the European Union, and the long-discussed Brexit became a reality. Many authors and publishers have taken to twitter to voice their concern and disapproval, equating the Brexit as a move away from inclusiveness and tolerance.