Academic Publishing Can't Remain Such a Great Business
November 4, 2015 at 2:35 pm

Publishers of academic journals have a great thing going. They generally don't pay for the articles they publish, or for the primary editing and peer reviewing essential to preparing them for publication (they do fork over some money for copy editing). Most of this gratis labor is performed by employees of academic institutions. Those institutions,…

Barnes & Noble May Be Worth Twice its Current Value, Reports Barron's
October 28, 2015 at 12:09 pm

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value. The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge,…

Digital "Threat" Is Not Over for Book Publishers
October 27, 2015 at 1:34 pm

Despite several articles declaring a stagnation, if not decline, of the ebook market, we have seen 8-percent growth in earnings for a cohort of publishers. These publishers are a representative set and cover a range of company sizes and title-counts. The sales data generated by this cohort of approximately 200 publishers show that growth has…

Amazon Posts an Unexpected Profit, and its Shares Soar
October 23, 2015 at 2:20 pm

Amazon is selling a lot of things to a lot of people, and is even managing to carve out a little profit in the process. The Seattle-based e-commerce, computing and entertainment company reported on Thursday that it made $79 million in the third quarter, or 17 cents a share. That is pocket change, considering the…

Nielsen Values Indian Publishing at $3.9 Billion
October 21, 2015 at 2:16 pm

The India Book Market Report released by Nielsen at Frankfurt Book Fair last week values the print book market in India, including book imports, at $3.9 billion. This positions India among the largest English-language book markets in the world. The compound annual growth rate of the market is 20.4% between 2011-12 and 2014-15, according to…

First Half of 2015 Not a Great Start for Book Publishers
October 9, 2015 at 12:30 pm

The Association of American Publishers (AAP) released its quarterly StatShot report for the book industry, including revenue numbers for over 1,200 publishers in the trade, education, university press, and professional publishing sectors. According to the report, sales declined 4.1% in the first half of 2015 when compared to the first half of 2014. Book sales…

Press Release: Scholastic Reports First Quarter Fiscal 2016 Results
September 24, 2015 at 2:28 pm

NEW YORK—September 24, 2015—Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported results for the Company’s fiscal 2016 first quarter ended August 31, 2015. Revenue in the first quarter was $191.2 million, compared to $190.5 million a year ago, an increase of $0.7 million. Reported revenues no longer include the…

The State of the Publishing Industry in 5 Charts
September 21, 2015 at 2:30 pm

Over on my Pinterest account, I keep tabs on data, charts, and infographics related to the media industry—and every so often, I reflect on what the most recent stats are telling us. (My last roundup was in March 2014.) Here are the most interesting charts to me right now.

Do Ebooks Earn More Money at Lower Prices?
September 14, 2015 at 2:45 pm

As a writer, here’s a statement that I think is true albeit painful to write: you don’t need books. You don’t. You’ll keep breathing without reading. Most of human history was book-free, yet our ancestors plodded on without the musings of Holden Caulfield or the witticisms of Elizabeth Bennet. That perspective is important because it…