Publishing Industry Sales Inched Up in February
May 12, 2023

Gains in religious and higher educational publishing offset dips in the trade segments in February, resulting in a 0.2% sales gain for the 1,240 publishers that report sales to AAP's StatShot program.

S&S Posts Record Quarter, Could Be Sold by End of Year
May 4, 2023

Sales rose 19% and earnings were up 16% at Simon & Schuster in the first quarter, and executives at parent company Paramount Global said there is a possibility the sale of the publisher could be completed this year.

AI Concerns Drop Chegg Stock by 48%
May 3, 2023

The stock price of Chegg, the online learning platform for university students, fell 48% Tuesday, after its CEO reported that a spike in interest by students in ChatGPT resulted in lower than expected results in the first quarter.

Online Sales Flat at Amazon in Q1
April 28, 2023

Amazon's cost-cutting efforts led to higher earnings in the first quarter, but its online revenue was flat compared to the first quarter of 2022.

Bookstore Sales Jumped in February
April 14, 2023

For the second month in a row, bookstore sales posted large gains over 2022. According to preliminary figures from the U.S. Census Bureau, February bookstore sales increased 10.7% over last year, rising to $609 million.

Profits Jumped at Quarto Group in 2022
March 31, 2023

Despite a decline in sales, cost controls and a rebound in its custom publishing operation led to a 67% jump in profits for Quarto Group in 2022.