European Publishers Sold $23.3 Billion in Books in 2015
December 16, 2016 at 10:17 am

In 2015 the 28 countries that are members of the EU and EEA (European Economic Area) generated €22.3 billion ($23.36 billion) in total annual sales, according to a new report by the Federation of European Publishers (FEP) issued last week. The number is up slightly from 2014, when total revenue was €22 billion. The sum…

Press Release: Scholastic Reports Fiscal 2017 Second Quarter Results
December 15, 2016 at 11:25 am

NEW YORK — December 15, 2016 — Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today reported financial results for the Company's fiscal 2017 second quarter ended November 30, 2016. Revenue in the second quarter was $623.1 million, compared to $601.8 million a year ago, an increase of $21.3 million, or…

October Bookstore Sales Slipped 1%
December 15, 2016 at 11:15 am

Bookstore sales dipped 1.0% in October compared to a year ago, according to preliminary estimates released this morning by the U.S. Census Bureau. Sales for the month were $774 million, down from $782 million in October 2015.

Publishing Revenue Fell 7% at Wiley
December 8, 2016 at 11:00 am

Following its October purchase of the publishing-software and services provider Atypon, John Wiley has restructured the way in which it reports its financial results. The company has created three categories: research (50% of revenue in the first half of fiscal 2017); publishing (37% of year-to-date revenue); and solutions, (13% of revenue).

Golden Headsets: Audiobooks’ Growth Is Music to Publishers’ Ears
November 28, 2016 at 3:08 pm

Involved with the Audio Publishers Association (APA) since 2001, Michele Cobb has been the organization’s executive director since March 2015. Her nonprofit trade organization has existed to promote the audio publishing industry and its players since 1987. And when Cobb joins a panel on Friday (December 2) at The FutureBook conference in London, she’s likely to…

Pottermore Returns to Growth
November 22, 2016 at 1:54 pm

Pottermore, the digital content company for J K Rowling's Harry Potter books, returned to growth in its last financial year after the firm’s decision to make its ebooks and audiobooks available via Amazon, Apple, Audible and others “really paid off”. In the year to end-March 2016, sales more than doubled to £15.1m, compared to £7m…

Adult Books Sales Fell in First Half of 2016
November 18, 2016 at 12:59 pm

Sales of adult trade books dropped 2.8% in the first half of 2016 compared to the same period in 2015, according to figures released by the Association of American Publishers as part of its StatShot program. Sales in the children’s/young adult segment, meanwhile, rose 0.9% in the same period. Within the adult books category, sales…

Press Release: Open Access Books Poised to Grow 30% a Year Through 2020
November 16, 2016 at 8:30 am

ROCKVILLE, Md., Nov. 15, 2016 /PRNewswire/ -- While the movement to unlock the vaults of scientific, technical and medical (STM) research is revolutionizing academic journal publishing, scholarly and professional book publishers are experimenting with open models simply to keep the venerable monograph from extinction—this according to the most recent report from media and publishing intelligence…

What the Kids Are Reading: The Booming Business of Children's Graphic Novels and Comics
November 9, 2016 at 12:46 pm

Kids’ publishing folks, comic book enthusiasts, and members of the Children’s Book Council gathered at the CBC’s Manhattan headquarters on November 4, for a panel discussion on the changing market for children’s comics and graphic novels. The speakers were Gina Gagliano, publicist, First Second Books; Terence Irvins, assistant manager, comics and graphic novels buyer, Kinokuniya…

Penguin Random House Rules the Children's Book Market
November 8, 2016 at 12:26 pm

It comes as no surprise that Penguin Random House—the country’s largest trade publisher—is also the biggest children’s book publisher. But the size of the gap between PRH and second-place HarperCollins might raise a few eyebrows. According to data released by Nielsen BookScan at its October 27 Children’s…