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Briefs: Pearson Sells The Economist, Too; GIRL ON THE TRAIN US Sales Reach 3 Million; and More

Following the recent sale of the Financial Times to Nikkei, Pearson has now sold its 50 percent stake in The Economist Group as well, for £469 million (or $731 million). Three-fifths of their stake (or a 30 percent share in the Economist) goes to Exor, the holding company for minority shareholder Agnelli, while the…

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Soft April AAP Sales Confirm eBook Declines

Trade sales as reported by the AAP fell by a modest $6.5 million to $488.4 million overall for April, with small gains in adult sales overtaken by a $15 million drop in children's/YA sales. The biggest gap for the month was ebook sales, which fell by $20.6 million to $120.2…

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Trade Sales Rebound In March, Still Driven By Adult Trade Paperbacks

The AAP released delayed statistics for March sales, with trade sales rebounding from a weak February to rise $14.5 million (up 3 percent), at $456.5 million. As has been the case across the first quarter, adult trade paperbacks led the gains, up 9.3 percent, at $104 million, and adult hardcovers remained soft, at…

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New AAP Annual Estimates Include Some Real Subscription Data

The AAP released a second set of annual statistics for 2014, this time a new version of the modeled "guesstimates" that they had produced jointly with the BISG (Book Industry Study Group) for a few years under the name BookStats. Now they are calling it StatShot Annual -- not be…

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Both Adult and Children's Sales Fell In February

After a positive report for January driven by lower holiday returns, AAP-reported trade sales for February fell over 14 percent, down to $392 million -- a $65 million decline compared to February 2014. Adult sales of $305 million were down 8.3 percent (from $329 million) and children's/YA sales fell further,…

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New Insights on eBook Unit Sales from Nielsen

At Book Expo America last week, Nielsen svp global managing director Jonathan Stolper presented some data from across Nielsen’s tracking services, including — for the first time — ebook data from PubTrack Digital. Because of misunderstandings about how various industry data views are compiled, you may have encountered some confused…

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AAP Reissues Corrected January Stats, As Adult Sales Drove 5 Percent Increase

After we flagged a significant restatement of historical ebook data in the AAP's January StatShot report on Wednesday, the organization identified a significant data error in the trade reporting and on Monday they issued a new report reflecting very different results. (So erase those previous impressions from your radar.) Most…

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Trade Sales Stable In January As eBooks Drop to Lowest Point In Years

The AAP reported StatShot figures for January 2015, putting overall trade sales of $495.5 million flat compared to a year ago, with adult sales up a couple of million dollars and children's/YA sales down a couple of million. In adult sales, trade paperbacks were the notable gainer, up $11.5 million to $122.7 million, while…

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Statistics 101: Juvenile Book Sales Did Not "Plummet"

The internet is so full of groundless stories about book publishing these days that the most efficient approach is for us to ignore most of them. But PW posted a story Thursday, "Juvenile Book Sales Plummet," that is simply wrong and should be cleared up before the meme gets set. The thrust of the piece was this: Juvenile…

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2014 In Context: Known Gains Are Sparse

Until it's revised a year from now, we have to work with the AAP's report of a 4 percent gain (or $258 million) in trade sales during 2014, to $6.631 billion. As noted in our full report, all of the gains and then some -- $325 million in all -- came…

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