Simba Information

Saving Religious Books
May 1, 2009

Maybe divine intervention will reverse the profit slide for religious book publishers. But industry experts believe it also would be prudent to consider scaling back on titles, reducing returns, making intelligent use of data, investing in digital opportunities and otherwise adapting business models for future success.

Vying for Attention
October 1, 2008

Children are pulled in many directions today; at least, their attention is. They are occupied by MP3 players, gaming systems, computers, cell phones, handheld electronic games and other digital technologies. And yes, children still play old-fashioned board games. They also attend school, compete in team sports, and participate in community and extracurricular activities. With all of these outlets occupying children’s time, how are books faring? With an estimated 40,000 to 60,000 new children’s titles released each year, children’s book publishers are concerned with how their books can compete for young readers’ attention with the thousands of titles already in the market, according to Ron

Market Focus: Tough Sell for Reference Books
September 1, 2008

A “slow, but steady decline” is how Rhonda Herman, executive vice president at reference publisher McFarland & Co. Inc., characterizes the market for reference books. “We are cautious about sales and will feel lucky if sales remain flat.” The reality of an economic downturn is starting to sink in—McFarland’s volume is flat, Herman says, “but actual income is down 2 percent. The reason for this is that we are experiencing higher than normal overstock returns, which is not surprising in this market.” Both direct and indirect costs are hitting the bottom line at the Jefferson, N.C.-based publisher. Higher fuel costs are forcing up the

New Report Projects a Decline in Children’s Publishing
October 5, 2007

According to the Children’s Publishing Market Forecast 2008, a new report released this week by Simba Information, the U.S. children’s and young adult book market is projected to decline by more than 1 percent next year, and increase only slightly in 2009. More than $4.3 billion in net sales is expected next year in this sector. While several factors are cited to explain the anticipated decline, the report emphasizes the lack of a new “Harry Potter” book in the marketplace. The last installment in the series, “Harry Potter and the Deathly Hallows,” was released this summer and met with record-breaking success. It also increased

Industry Statistics: Looking Behind the Numbers
October 1, 2007

Ever since the Book Industry Study Group (BISG) hit upon the theme of “Making Information Pay” for its annual spring event several years ago, it has been filling the room with industry analysts and marketing and business development executives eager for new insights into the mysteries of our industry’s operation, well-being and future. The attendees are generally more interested, I think, in road signs pointing to where we’re going than in measures of where we are—more acutely aware that, in some ways, the information camera may not focus as well on today’s industry snapshots. Useful and reliable industry information always has been hard to

STM Publishers Embrace E-media’s Phase II
October 1, 2007

When your stock-in-trade is information that drives innovation, people expect you to be on the leading edge. And so it is with the scientific, medical and technical (STM) publishing sector. While the STM market faces similar challenges to the rest of the publishing industry, its willingness to embrace electronic platforms and develop innovative revenue streams has positioned it well in the face of new competition brought about by the expansion of digital media. “The biggest challenge has been mastered, and that is the transition from paper to electronic for STM content,” notes Derk Haank, CEO of Springer Science + Business Media, the world’s

Boosting Sales Is No Game to LeapFrog
September 1, 2007

In the first half of this decade, sales were skyrocketing for LeapFrog SchoolHouse—a division of LeapFrog Enterprises Inc. and publisher of interactive, research-based assessment and curriculum content for the PreK-8 education market. The Emeryville, Calif.-based company saw a boom in net sales from $8.8 million in 2001 to $55.2 million in 2004. In 2005, however, the company faced some hard (and controversial) times, and its sales began to drop. Last winter, LeapFrog SchoolHouse made a number of changes to get the company back on a growth track, including restructuring the organization, hiring a new president and focusing on its strongest segment within the

Focusing on Faith
May 1, 2007

The large New York publishing firms might have been forgiven, in early 2000, for taking little or no notice of a slim volume of Bible commentary put out by Multnomah Publishers, a small religious publishing house based in Colorado Springs. The book, which analyzed an obscure Old Testament passage as a sort of self-help guide to releasing “God’s favor, power and protection” through prayer, was bought up by large evangelical churches and began to be talked about online and in so-called “small group ministry” sessions around the country. One year and 4 million copies later, everyone in the publishing world had heard of

An Exhibition of Optimism
April 1, 2007

In the months following the Sept. 11 attacks, museum admissions declined sharply, exhibitions were cancelled, and in the turbulence, administrators began examining whether they could continue to publish books as a result. Today, “there is generally a very optimistic feeling, which is not to say it’s easy. It’s still very difficult, but it’s an exciting time, and I feel really good about our future,” says Yale University Press Publisher Patricia Fidler. “No one was saying that a few years ago.” Currently, her art and architecture division publishes 120 books annually, of which roughly 60 percent stem from Yale’s museum partners. Stephanie Medlock,

ref•er•ence pub•lish•ing n :industry segment faced with dramatic change
May 1, 2006

It used to be that an encyclopedia salesman knocked on your door in hopes of selling you the latest 12-volume series of books brimming with factual information about everything from binary cell division to Benjamin Franklin. And your only option for finding the definition of onomatopoeia used to be to lug the dictionary off the shelf and thumb through its pages. Those days are, to some extent, history. As a result, reference publishers face significant challenges—reflected in a significant drop in new titles released in 2005—as they strive to adapt to new trends in the market. Paul Kobasa, editor in chief for World