In the wake of reports of classic books by Roald Dahl and Ian Fleming being revised, R.L. Stine responded to reports that he made changes to his Goosebumps series to remove potentially offensive language. Though many reports imply that the novels are currently being edited and reissued, including changing numerous instances of the word “crazy,” Scholastic stated that the changes took place when the classic novels were republished years ago. “I’ve never changed a word in Goosebumps. Any changes were never shown to me,” Stine wrote on Twitter. Many books in the series were re-released in paperback from 2008-2011, and […]
Archives for March 2023
BNED to Drop Stores That Don’t Bundle Course Materials
Barnes & Noble Education announced results for the third quarter ended January 28, with sales of $447 million, up 11 percent from $403 million last year. Net loss was $25 million, down from a loss of $36.8 million in 2022. These improvements are tempered by the fact that results are still down from pre-pandemic earnings, which were falling even then. (For comparison, sales for the same quarter in 2020 were $502 million, $550 million in 2019, and $603 million in 2018.) In a call with investors on Thursday, ceo Michael Huseby said that First Day Complete, a program that bundles […]
Baillie Gifford Prize “Winner of Winners” Finalists
The Baillie Gifford Prize for Non-Fiction announced the shortlist for its "winner of winners" award, a one-off prize for its 25th anniversary that chooses among the past 24 winners.
Libro.fm Expands To UK, Australia, And New Zealand
Digital audiobook platform Libro.fm is expanding to the UK, Australia, and New Zealand this July. Ahead of the launch, the company has invited booksellers in the new territories to join their Audiobook Listening Copy program and preregister for their shop for free. Madison Mullen, product manager, Libro.fm, said in a release, “In 2022, 29 percent of new visitors to our website were from outside the US, so we know that there are readers all around the world who are eager to support their local bookshops with their audiobook purchases. We have six years of experience working with 12,000+ booksellers across […]
Wiley Reorganizes Education Reporting, Takes Impairment Charge and Reduces Guidance, As Quarter Is “Below Expectations”
Wiley reported third quarter earnings for the period ended January 31, with sales down 5 percent to $491 million. They showed an operating loss — of ($67.1) million — compared to profit of $46 million last year, mostly due to a non-cash goodwill impairment charge of $100 million. Adjusted EBITDA fell 2 percent (or 3 percent at constant currency) to $97.7 million. Following the challenging quarter they also reduced their outlook for the fiscal year, “primarily due to increased academic market headwind.” Sales are expected to be $45 million to $55 million lower than forecast, and adjusted EBITDA is expected […]
Distribution: Severn River Publishing
Baker & Taylor Publishing Services will sell and distribute Severn River Publishing worldwide starting April 1.