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Big Publishing Is Not as Big Anymore
May 24, 2016 at 1:58 pm

According to Publisher’s Weekly, a report by the Association of American Publishers’ shows that overall publishing industry sales fell by 2.6% last year when compared to figures from 2014. Now that we have a clearer picture of the industry’s struggles in 2015, we can tell that sales declined in five of the seven major markets.…

Harry Potter Magic Helps Conjure up Profit Rise at Bloomsbury
May 20, 2016 at 1:28 pm

Harry Potter is still working his magic for the publisher Bloomsbury after nearly 20 years, with sales more than doubling over the past year thanks to a new illustrated version of the first book in the series. Sales of the enduringly popular books by JK Rowling jumped by 133% in the 12 months to 29…

Bloomsbury Launches 2020 Strategy to Become B2B Publisher
May 19, 2016 at 1:48 pm

Bloomsbury has launched Bloomsbury 2020, a strategy to capitalise on the £3.4bn academic libraries market and reposition itself from "a primarily consumer publisher to a digital B2B (business-to-business) publisher". The company revealed the news at the same time as reporting its full-year results for the year ending 29th February, which saw both sales and pre-tax…

Crown Publishing’s Read It Forward Invests in Long-Form, Original Content
May 19, 2016 at 12:47 pm

Earlier this week Penguin Random House’s Crown Publishing Group announced the redesign of its community site Read It Forward. The site originally launched in 2008 is dedicated to helping its 385,000-plus readers discover their next book. The redesign is similar to PRH U.K.’s recent site relaunch because it also emphasizes original long-form content over a…

Hail and Farewell to The Google Books Case
May 11, 2016

Google’s scanning project and the subsequent lawsuits once commanded the attention of the publishing and library worlds. But in the end, the litigation merely confirmed a few realities of modern publishing.

With Print Book Sales Stabilized, Return Rate Lowers
May 10, 2016 at 12:40 pm

Before the sales of ebooks exploded in 2010 and 2011, lowering the rate of book returns was one of the major issues that publishers, distributors, and booksellers grappled with on a regular basis. But as the surge in e-book sales called into question the future of print books, the topic of returns was put on…

Translated Fiction Sells Better in the UK than English Fiction, Research Finds
May 10, 2016 at 10:19 am

Translated literary fiction is selling better on average in the UK than literary fiction originally written in English, according to new research, with authors including Elena Ferrante, Haruki Murakami and Karl Ove Knausgaard driving a boom in sales. Though fiction in translation accounts for just 3.5%…

Here’s Where Innovative Publishers Need to Focus
May 9, 2016 at 8:25 am

There are a number of key attributes successful publishers will be known for in the future. These core capabilities will be very different from the ones that have led to the modern empires of the Big Five. Some attributes will remain the same, of course. For example, it will always be crucial for publishers to…

Sales, Earnings Drop at HarperCollins
May 6, 2016 at 2:25 pm

HarperCollins has had a difficult time replacing the megahits American Sniper and the Divergent series since its current fiscal year started last July. That trend continued into the quarter ended March 31, the third period of HC’s fiscal 2016. According to results released by parent company News Corp, revenue in the quarter fell 11%, to…

Leveraging YouTube: Bloomsbury Pairs Authors and Booktubers
May 5, 2016 at 2:03 pm

Bloomsbury’s Cindy Loh, Vice President and US publisher of children’s books, has acquired the world rights to Because You Love to Hate Me, a unique collection of short stories from some of the biggest names in YA publishing and on YouTube. Bringing together 13 YA authors and 13 influential “booktubers” on YouTube, Because You Love…

The Survey Says – Without XML You’re Leaving Money on the Table
May 3, 2016 at 11:00 am

Data Conversion Laboratory (DCL) and the Center for Informational Development (CIDM) asked publishers how they are developing and publishing their content in our 4th annual survey, “Following the Trends.” With close to 350 participants ranging from writers to content strategists, information architects, and publishers, the breadth of knowledge and insight was prodigious. Each year this…

Team Publishing Startup Booktrope to Shut Down, Citing Revenue Shortfall
May 2, 2016 at 12:20 pm

Booktrope plans to go out of business at the end of May, bringing an end to its “team publishing” platform used by ad hoc groups of authors, editors, marketers and designers to create and market print books and ebooks. The Seattle startup, which went through the prestigious Y Combinator accelerator program, announced the news Friday…

Press Release: Amazon.com Announces First Quarter Sales up 28% to $29.1 Billion
May 2, 2016 at 12:17 pm

SEATTLE — April 28, 2016 — Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2016. Operating cash flow increased 44% to $11.3 billion for the trailing twelve months, compared with $7.8 billion for the trailing twelve months ended March 31, 2015. Free cash flow increased to $6.4 billion for the trailing…

Wattpad Is Launching a Multichannel Network for Its Storytellers
April 27, 2016 at 2:44 pm

Wattpad, an online community of readers and writers, is jumping into the multichannel network world. On Tuesday, the company — which is home to over 250 million original story uploads — announced the launch of Wattpad Studios, a multi-channel network for its platform of over two million creators. The goal is to partner with the…

AAP StatShot: Overall Book Sales Fell 2.6% in 2015, Trade Sales up Slightly
April 26, 2016 at 3:10 pm

Washington, DC; April 26, 2016 – Publishers’ book sales for trade (consumer) books from Jan. to Dec. were up 0.8% to $7.2 billion compared to $7.1 billion in 2014. Despite a slow holiday season, the year ended slightly up, with a shift in sales for format and category. Overall publisher revenue for 2015 was $15.4…

Industry Veterans Form a New Christian Fiction Publishing House
April 22, 2016 at 1:32 pm

At a time when print sales of Christian fiction have been steadily declining and some houses have stopped doing fiction altogether, several Christian publishing veterans are launching a new Christian fiction publishing house. Gilead Publishing LLC opened its doors on April 18, in a rented conference room at a hotel in a Chicago suburb. President…

Google Case Ends, but Copyright Fight Goes On
April 22, 2016 at 1:00 am

At its April 15 conference, the Supreme Court declined to take up Authors Guild v. Google, effectively ending one of the defining copyright battles of the digital age.

Google Wins Copyright Battle Over Books
April 19, 2016 at 2:16 pm

The US Supreme Court has ruled in favour of Google in its 11-year legal battle with an authors group. The Court said it would not hear an appeal from the Authors Guild, which claimed Google breached copyright laws by scanning books without permission. The technology giant began the process in 2004, so it could include…