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Reported Trump Spending Cuts Would Kill NEH, NEA
January 19, 2017

In an effort to shrink federal bureaucracy by cutting spending, President-elect Donald Trump and his administration reportedly intend to eliminate the National Endowments for the Humanities and the Arts.

The Pallante Era Begins at AAP
January 13, 2017

On January 17, former U.S. register of copyrights Maria Pallante officially joins the Association of American Publishers as president and CEO, replacing the retiring Tom Allen. Without question, Pallante is a copyright policy heavyweight.

Industry Stocks Were Mixed in 2016
January 6, 2017

In a boom year for the stock market, which included a 13.4% gain for the Dow Jones Industrial Average, the Publishers Weekly Stock Index rose 11%.

Holiday Comp Sales Fell 9% at B&N
January 5, 2017

With store traffic failing to significantly improve after the election, Barnes & Noble's sales did not meet expectations over the holiday period.

Reidy Hails Profitable Year at S&S and 'Stable' Publishing Marketplace
December 22, 2016 at 12:50 pm

Despite what she described as a “tumultuous year in both the U.S. and around the world” in her year-end letter to S&S employees, S&S CEO and president Carolyn Reidy hailed 2016 as “a period of relative stability in the publishing marketplace.” In her letter, Reidy cited a year of bookselling success for S&S, led by…

A Dull Holiday Season?
December 22, 2016 at 4:00 am

The hoped for post-election and holiday season sales bounce does not seem to be materializing. Unit sales of print books were down almost 6% between Thanksgiving week and the week ended December 18, 2016 compared to the similar period in 2015 at outlets that report to Nielsen BookScan. Perhaps the most worrisome for booksellers and…

A Dull Holiday Season?
December 22, 2016

Without a hot book or hot category—like last year's adult coloring book phenomenon—unit sales of print books have fallen 6% since Thanksgiving compared to the same period in 2015.

'Cursed Child' Boosts Kids' July Sales
December 20, 2016

The July publication of 'Harry Potter and the Cursed Child' helped raise sales in the children's/young adult segment 31.1% in July over a year ago. July sales of adult books fell.

S&S's Reidy Tells Staff to 'Resist Censorship' After 'Tumultuous' 2016
December 19, 2016 at 12:02 pm

Simon & Schuster's president and c.e.o. Carolyn Reidy has urged colleagues to "resist censorship" in an email to staff in which she summed up 2016 as a "tumultuous year" politically and culturally. Reidy said it was S&S' "responsibility" both to "resist censorship" and "to stand unequivocally for freedom of speech" — "no matter how difficult…

Turning Up the Volume on Audiobooks in Canada
December 19, 2016 at 11:56 am

Positive reports from The FutureBook Conference indicate that audiobook use is on the rise, especially in the US, the UK, and Sweden. In Canada, audiobook use has been the focus of an in-depth survey. At the end of last month, BookNet Canada released Are You Still Listening? Audiobook Use in Canada 2016, a survey of audiobook…

AAP Writes Letter to President-Elect Donald Trump
December 16, 2016 at 11:19 am

Editor's Note: Yesterday the Association of American Publishers (AAP) sent a letter to President-Elect Donald Trump. The letter details the association's biggest concerns for the future, including protecting copyright and promoting global publishing partnerships. Read the complete letter from AAP general counsel and VP of government affairs Allan Adler below. Dear Mr. President-Elect: On behalf…

European Publishers Sold $23.3 Billion in Books in 2015
December 16, 2016 at 10:17 am

In 2015 the 28 countries that are members of the EU and EEA (European Economic Area) generated €22.3 billion ($23.36 billion) in total annual sales, according to a new report by the Federation of European Publishers (FEP) issued last week. The number is up slightly from 2014, when total revenue was €22 billion. The sum…

Press Release: Scholastic Reports Fiscal 2017 Second Quarter Results
December 15, 2016 at 11:25 am

NEW YORK — December 15, 2016 — Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal 2017 second quarter ended November 30, 2016. Revenue in the second quarter was $623.1 million, compared to $601.8 million a year ago, an increase of $21.3 million, or…

October Bookstore Sales Slipped 1%
December 15, 2016 at 11:15 am

Bookstore sales dipped 1.0% in October compared to a year ago, according to preliminary estimates released this morning by the U.S. Census Bureau. Sales for the month were $774 million, down from $782 million in October 2015.

Why Forbes Is Backing Book Publishing to Save the News Media
December 15, 2016 at 11:05 am

As we await next month’s inauguration of Donald Trump as the 45th president of the United States, the potential power of the personal brand has never been so startlingly obvious. The key vehicle for Brand Trump, the Midas-like persona that has propelled the property developer to the White House, was a 372-page document printed and…

AAP Congratulates Trump, Pushes IP Enforcement
December 15, 2016

In a public letter, released this morning, AAP general counsel and v-p Allan Adler congratulated Trump on his election, and urged his administration to take up IP-related issues once in office.

European Publishers Sold $23.3 Billion in Books in 2015
December 15, 2016

The 28 countries that are members of the EU generated €22.3 billion ($23.36 billion) in total annual sales in 2015, up slightly from €22 billion in 2014, according to a new report by the Federation of European Publishers.