Revenue at Hachette Book Group increased 14.8% over the first half of 2020, while sales at parent Lagardère Publishing jumped 16.4%, and profits soared.
In a presentation on July 21, NPD BookScan said that, based on current trends, unit sales of print books are likely to finish 2021 with a gain over 2020. How high that gain will be depends on several factors, including the future course of the pandemic.
Sales in IDW Media's publishing division, which includes the graphic novel imprints IDW and Top Shelf, rose to $6 million in the second quarter ended April 30, 2021 due primarily to the revival of the direct market, which was shut last spring because of the pandemic.
In a recent presentation, HarperCollins CEO Brian Murray said he sees no signs of consumer book spending slowing down in 2021—nor does he see the trend toward greater consolidation of the industry cooling.