Press Release: Hachette Sales Down in 2014

At Hachette Book Group: HBG revenues were down 4.9% compared to 2013, and HBG's annual sales accounted for 24% of Hachette Livre's overall sales last year (versus 25% in 2013). CEO Michael Pietsch said, "Hachette came through a challenging year having achieved many successes - including publishing hundreds of bestsellers, winning several major awards, and acquiring Black Dog & Leventhal at the close of 2014. We've had a superb start to the year, with a Caldecott Medal and a Grammy Award, and we're looking forward to one of the strongest lineups that we've ever published coming in 2015."