Finance

Revenue Tumbled 71% in First Half of 2020 at Reed Exhibitions
July 23, 2020

Revenue at Reed Exhibitions, whose businesses include BookExpo, fell to £201 million, from £684 million in the first six months of 2019, and the group had an adjusted operating loss of £117 million compared to a profit of £231 million a year ago.

Record Year for British Publishing in 2019
July 22, 2020

U.K. publisher sales rose to £6.3 billion in 2019, 4% higher than in 2018 and 20% higher than in 2015, making 2019 the biggest year ever for U.K. publishing.

Led By U.S., Bloomsbury Has Surprising Start to Fiscal 2021
July 21, 2020

Bloomsbury said sales in the first four months of fiscal 2021, which began March 1, rose 18% over the same period a year ago. Revenue in the U.S. increased 38%, and sales of both digital and print books were up overall.

May Publishing Sales Fell 12.1%
July 13, 2020

A steep decline in returns somewhat offset a drop in gross sales in May, leading a decline of 12.1% in net sales compared to May 2019. The month did see a jump in adult e-book sales, with sales rising 30.6%.

AAP Monthly StatShot: April
July 10, 2020

With most all bookstores closed in the month, total sales fell only 3.5% at the 1,361 publishers that report figures to StatShot.

Virus Leads to Down Fourth Quarter at Wiley
June 11, 2020

Fourth-quarter sales and earnings fell at John Wiley compared to fiscal 2019 due to lower sales of print books, test prep programs, and corporate training. Sales for the year rose 2%, though a number of one-time charges led to an operating loss.

With a Plunge in Returns, Net Sales Fell 3.5% in April
June 11, 2020

Net sales declined only 3.5% in April for publishers who report to AAP's StatShot program. That small drop, however, was due to a significant decline in returns. Publishers are concerned that returns will be heavier than usual when stores reopen and start shipping back unsold titles.

AAP Monthly StatShot: March
May 29, 2020

The 1,361 publishers who report to the AAP’s StatShot program saw a 8.4% decline in sales in March compared to a year ago.