Hachette Book Group Has Soft First Half of 2023
July 25, 2023

Sales at Hachette Book Group fell 8.6% in the first six months of 2023 compared to the first half of 2022, parent company Lagardère reported. Sales for all of Lagardère Publishing rose 2.5%, but profits dropped 16%.

Book Fairs Boost Scholastic Results in Fiscal 2023
July 20, 2023

In a week filled with bad book business news and a down year for the children's book market, Scholastic nonetheless delivered a generally upbeat financial report for its latest fiscal year—thanks in no small part to the company's booming book fair business.

Publishing Industry Sales Were Flat in May
July 19, 2023

A 14.1% decline in May in the children's/YA segment was offset by gains in sales of adult books and college course materials, leading to total sales in the month holding even with 2022.

B&N Education Faces More Financial Pressures
July 18, 2023

The country's largest operator of college bookstores said that if it doesn't improve its financial position soon, it could issue a warning about its chances of staying in business.

Religion Book Sales Fell 6% in 2022
June 27, 2023

Final industry estimates from the AAP show that sales of religious books fell 6% in 2022 from 2021, dropping to $1.27 billion last year from $1.35 billion in 2021. Digital audiobooks and hardcover sales fell 42% and 9.5%, respectively.

Bloomsbury Has 'Best Ever Performance'
May 31, 2023

Helped by expansion into non-consumer markets as well as overseas, sales and earnings at the U.K.-based publisher both rose 15% in fiscal 2023, with revenue in the U.S. topping $150 million.

Publishing Sales Finished 2.6% Below 2021 Last Year
May 31, 2023

A 16% increase in sales in the pre-K–12 educational materials segment helped to counter declines in the other major categories, resulting in total publishing sales of $28.1 billion in 2022, the Association of American Publishers reported.