Revenue

Self-Publishing & Big Five Dominate Book Market, According to Nielsen
November 9, 2015 at 11:14 am

Frankfurt Book Fair 2015 is in the rearview mirror but there were a few noteworthy tidbits gleaned from the event. Nielsen’s Jonathan Stolper shared some of the more important facts and figures in his state-of-the-U.S.-market presentation. Although you can argue Nielsen’s data isn’t complete and it’s therefore far from perfect, it’s one of the few…

Press Release: HarperCollins Q3 Revenue Increased 1% Compared to 2014
November 6, 2015 at 11:12 am

NEW YORK—November 5, 2015—News Corporation (“News Corp” or the “Company”) (NASDAQ:NWS, NWSA; ASX:NWS, NWSLV) today reported financial results for the three months ended September 30, 2015. Commenting on the results, Chief Executive Robert Thomson said: “News Corp is on track in its transition to a more digital and global future, having successfully integrated several recent…

Academic Publishing Can't Remain Such a Great Business
November 4, 2015 at 2:35 pm

Publishers of academic journals have a great thing going. They generally don't pay for the articles they publish, or for the primary editing and peer reviewing essential to preparing them for publication (they do fork over some money for copy editing). Most of this gratis labor is performed by employees of academic institutions. Those institutions,…

Barnes & Noble May Be Worth Twice its Current Value, Reports Barron's
October 28, 2015 at 12:09 pm

Barnes & Noble Education Inc., which was spun off from Barnes & Noble Inc. in August, rose 5.4 percent after Barron’s said the college-bookstore chain could be worth twice its current market value. The chain of about 725 stores has a “near-monopoly” position on the campuses where it operates, Barron’s said. And the Basking Ridge,…

Digital "Threat" Is Not Over for Book Publishers
October 27, 2015 at 1:34 pm

Despite several articles declaring a stagnation, if not decline, of the ebook market, we have seen 8-percent growth in earnings for a cohort of publishers. These publishers are a representative set and cover a range of company sizes and title-counts. The sales data generated by this cohort of approximately 200 publishers show that growth has…

Amazon Posts an Unexpected Profit, and its Shares Soar
October 23, 2015 at 2:20 pm

Amazon is selling a lot of things to a lot of people, and is even managing to carve out a little profit in the process. The Seattle-based e-commerce, computing and entertainment company reported on Thursday that it made $79 million in the third quarter, or 17 cents a share. That is pocket change, considering the…

Nielsen Values Indian Publishing at $3.9 Billion
October 21, 2015 at 2:16 pm

The India Book Market Report released by Nielsen at Frankfurt Book Fair last week values the print book market in India, including book imports, at $3.9 billion. This positions India among the largest English-language book markets in the world. The compound annual growth rate of the market is 20.4% between 2011-12 and 2014-15, according to…

First Half of 2015 Not a Great Start for Book Publishers
October 9, 2015 at 12:30 pm

The Association of American Publishers (AAP) released its quarterly StatShot report for the book industry, including revenue numbers for over 1,200 publishers in the trade, education, university press, and professional publishing sectors. According to the report, sales declined 4.1% in the first half of 2015 when compared to the first half of 2014. Book sales…

Press Release: Scholastic Reports First Quarter Fiscal 2016 Results
September 24, 2015 at 2:28 pm

NEW YORK—September 24, 2015—Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, today reported results for the Company’s fiscal 2016 first quarter ended August 31, 2015. Revenue in the first quarter was $191.2 million, compared to $190.5 million a year ago, an increase of $0.7 million. Reported revenues no longer include the…