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Holiday Book Sales See Strong Final Week, Outpace Last Year
Circana Bookscan reported sales for the week ending December 23, with a strong finish to holiday book sales: They recorded sales of 31.68 million print units, up 1.74 million units over the same week a year ago, a gain of 5.8 percent. That makes for the strongest week 51 in the Bookscan calendar over the past five years, and is comparable to the final big holiday weeks (week 50) from 2020 and 2021. Continuing its strength from the year, adult fiction registered its best holiday week in the last five years, moving 6.8 million units. That strong finish puts sales […]
New York Times Sues OpenAI and Microsoft for Copyright Infringement
As we noted recently, coalitions of authors took the lead in 2023 in trying to hold the leaders in generative AI accountable for stealing vast amounts of copyrighted materials to train their Large Language Models. Now at year’s end, authors gained a powerful ally in court as the New York Times Company filed its own copyright infringement lawsuit in Federal Court in New York’s Southern District against OpenAI and Microsoft. The NYT says comes after lengthy negotiations: “For months, The Times has attempted to reach a negotiated agreement with Defendants, in accordance with its history of working productively with large […]
Skyhorse to Acquire Regnery
Skyhorse announced a deal to acquire conservative publisher Regnery from Salem Media Group, which amusingly they chose to release through the New York Times. (But it worked, and got the paper to cover an otherwise small acquisition.) Regnery is projecting sales of just $10 million for 2023, and will operate as an imprint of Skyhorse. They bring a backlist of over 1,500 titles. Skyhorse president and publisher Tony Lyons tells the NYT candidly that his books “are provocative and dangerous and disturbing,” which he sees as an argument why stores should carry them, to “encourage dialogue and debate.” The transaction […]
Holiday Sales Come Down to Final Week
For the sales week ending December 16, Circana Bookscan reports weekly sales of 28.6 million units, falling behind last year’s sales of 29.5 million units in the same week. But with Christmas on Monday, booksellers should see another very full week of sales leading into the holiday. As Circana Bookscan analyst Kristen McLean wrote a week ago, “Overall we expect the close of 2023 to look very much like 2022 — two shallower ‘Super Saturdays’ rather than a single high peak.” Unit sales are expected to run about 3 percent below last year’s totals. For the eight weeks of sales […]
The Very Best of the Best Books of 2023
The votes are all in and we’re ready to celebrate the consensus very best books of 2023, based on a broad collection of lists. James McBride’s The Heaven & Earth Grocery Store was both novel of the year and overall book of the year, followed in the voting by Safiya Sinclair’s How to Say Babylon and David Grann’s The Wager, which tied for nonfiction book of the year. Farrar, Straus outperformed this year with five titles among the top 20. Independent publishers were represented by newcomers Red Tower and Yale University Press, as well as Grove/Atlantic. Sinclair’s memoir was first […]