B&NE Shows Improvement in Its Second Quarter
December 7, 2023

An increase in its First Day Complete sales and lower costs in its second period resulted in a jump in earnings, on flat sales, at Barnes & Noble Education, which operates more than 1,270 college stores.

Wiley Second Quarter Marked by Rightsizing Efforts
December 6, 2023

As part of its efforts to create a leaner and more profitable company, Wiley began its restructuring plan in the second quarter, which included consolidating some functions and selling assets.

Quarto to Go Private, Delist from London Stock Market
December 1, 2023

The U.K.-based publisher said a proposed stock market delisting will save money and give it more flexibility to react to business challenges and opportunities. The U.S. is Quarto's largest market.

Hachette Book Group, Hachette UK to Move Under United Management Team
November 14, 2023

Under what it calls a "new English-language management structure," Hachette Livre has named Hachette UK CEO David Shelley head of both Hachette Book Group and HUK, while current HBG CEO Michael Pietsch will retire as CEO and serve as chairman of the new group.

Sales Remain Sluggish for Big Book Publishers
November 10, 2023

Three of the Big Five publishers struggled in the first nine months of 2023, according to recent financial results, as the industry coped with sagging sales and rising costs.

HarperCollins Posts Big Gains in Q1 of Fiscal 2024
November 10, 2023

Revenue in the quarter ended September 30, 2023, rose 8% over fiscal 2023 at HarperCollins, and profits jumped 67%. Executives at parent company News Corp expect the publisher to show marked improvement over last year.

S&S Results Drop in Q3, But Jon Karp Is Revved Up About the Future
November 3, 2023 at 1:00 am

After a long run of record financial results, sales at Simon & Schuster fell 13%, and operating income dropped 35.5%, in the third quarter ended September 30, 2023. Nonetheless, CEO Jonathan Karp is excited about prospects for both the holiday season and life after Paramount Global.

Sales Rise, Profits Soar at Amazon
October 27, 2023 at 1:00 am

Total sales at Amazon increased 13%, to $143.1 billion, in the third quarter ended September 30, 2023, over the comparable period in 2022, and operating income jumped to $11.2 billion, from $2.5 billion in the third quarter 2022. Online sales rose 7%.