The AAP reported sales for July from the nearly 1,200 publishers they track. Overall net trade sales of $522.5 million were up 12 percent, with all of the gains and then some coming from trade paperbacks and adult–very adult–ebooks, still led by the remarkable 50 Shades trilogy. July’s trade total was $16.4 million lower than in June. Children’s sales, boosted earlier in the year by release of the first Hunger Games movies, registered $98.1 million–down 9.5 percent compared to $108.4 million a year ago. eBook sales were almost the same as in June, at $137.8 million, up 62 percent versus […]
Archives for November 2012
Results Decline at Quarto
In the UK, as Quarto prepares for their special shareholders meeting next week with chairman Laurence Orbach’s board seat on the line, the company issued a short trading update on their third quarter. In classic British style, they don’t report directly on the quarter itself but rather update result for the past 9 months. Add a little arithmetic and you see that sales of $54 million fell $4.2 million in the quarter, down 7 percent, and EBITDA fell to $10.5 million in “subdued trading” that saw “some improvement in September.” They say the weak spot was their “home improvement and […]