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Industry Stocks: February 2017 Performances
March 2, 2017 at 11:00 pm

The Publishers Weekly Stock Index had a good February, rising 2.3% compared to 4.8% for the Dow Jones Industrial Average. Some of the biggest losers in January were among the biggest winners in February.

How Book Publishers Can Navigate the Death Squeeze
March 1, 2017 at 5:34 pm

The 2016 publishing sales data shared by Author Earnings at Digital Book World reminded me of all the times I have been the sad-sack tasked with managing the “death squeeze.” I went through it in the consumer photo business, the paper atlas business, and then the CD-ROM mapping software business. Each of these industries relied…

Adult Trade Sales Slipped in First Nine Months of 2016
February 23, 2017 at 11:00 pm

Sales of adult trade books fell 1.6% in the first nine months of 2016 compared to the same period in 2015, according to figures released by the AAP as part of its StatShot program. Sales of children’s and young adult books increased 4.9% in the same period.

PRH Gives Pearson Profit of 129 Million Pounds
February 23, 2017 at 11:00 pm

Despite a decline in sales at Penguin Random House in 2016, the world's largest trade publisher delivered 129 million pounds in operating profit to its parent company, Pearson. The sum marks a 43% increase over its profit contribution from 2015.

Trade Division Bright Spot in Bad Year for HMH
February 22, 2017 at 11:00 pm

Sales in Houghton Mifflin Harcourt's trade division rose 0.7% in 2016 over 2015, but revenue for the entire company fell 3% and its net loss jumped. Company executives promised to cut costs in 2017.

Perseus Purchase Boosts Lagardère 2016 Revenue
February 8, 2017 at 11:00 pm

Total revenue at Lagardère Publishing rose 2.6% in 2016, to 2.26 billion euros. The increase includes a 70 million euro ($74.6 million) contribution from the Perseus Books Group publishing division, which Hachette Book Group acquired in March.

Profits Jump at HarperCollins
February 8, 2017 at 11:00 pm

Second quarter earnings rose 32% at HarperCollins,to $75 million, on a revenue gain of 4%.

IDW Publishing Sales Slipped in Fiscal 2016
February 7, 2017

Revenue in the IDW publishing group fell 2.3%, to $27.9 million, in the fiscal year ended October 31, 2106. Revenue for all of IDW Media Holdings rose 32.2% in the year.

Canadian Print Book Sales Fell 3.6% in 2016
February 1, 2017

Sales of print books fell 3.6% last year compared to 2015, dropping to $753.4 million, according to figures released this week by BookNet Canada. Print units were off 6.4% as Canadians continued to do more of their book buying online.

Adults Sales Rose in August But Slipped for Kids
January 26, 2017

Sales of adult trade books rose 10.3% in August over August 2015, but sales of children’s/young adult titles slipped 1.3%, according to figures released by the Association of American Publishers as part of its StatShot program.

EDC Coping with Growing Pains
January 25, 2017

Problems associated with keeping pace with Educational Development Corp.'s rapid sales growth over the last two years has led to a backlog of orders and a doubling of inventory levels.

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 12, 2017 at 11:00 pm

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…