News Corp reported results for the third quarter ended March 31, with sales at Harper Collins flat at $515 million. Higher sales in the Christian division made up for a 2 percent negative FX impact. The company’s top titles in the quarter were The Courage to Be Free by Ron DeSantis, Demon Copperhead by Barbara Kingsolver and Never, Never by Colleen Hoover and Tarryn Fisher. EBITDA was down 9 percent to $61 million, “driven by ongoing supply chain, inventory and inflationary pressures on manufacturing, freight and distribution costs,” which contributed to a cost increase of 1 percent. The company’s press […]
People 5/11
Lauren Ortiz has been promoted to publicity manager at Little, Brown.
Feb AAP Stats Show Major Gains in Audio
The AAP released February StatShot data for participating publishers, reporting trade sales of $630.8 million, down 1.5 percent from last year, or $10 million lower. Sales for adult books were $428 million, down 2.1 percent from February 2022. Adult hardcovers fell 13.1 percent to $113 million, paperbacks were down 3.2 percent to $147 million, and ebooks were down 7.6 percent to $71.6 million. Some of those losses were made up for by a 33.5 percent increase in digital audio sales, which amounted to $73.3 million—surpassing ebook sales for the month. Though they aren’t the biggest driver of kids sales, digital […]
People 5/10
Alison Dolan and Alex Hardiman will join Pearson as independent Non-Executive Directors on June 1.
New Books Publishing May 9
Tom Hanks, Martin Cruz Smith, and Holly Goldberg Sloan publish novels this week, while new nonfiction includes memoirs from Andrew McCarthy and Fae Myenne Ng. Also out this week, and featured in our Buzz Books 2023: Spring/Summer collection, are new books by Héctor Tobar and Joy Calloway. 11 works of fiction https://bookshop.org/lists/new-fiction-publishing-may-9 12 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-may-9 From Buzz Books https://buzz.publishersmarketplace.com/ We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming three months through this reference page. But if you want to make sure […]
Forthcoming: 4C Untitled Flatiron Nonfiction Summer 2023
Flatiron will publish a major nonfiction book this summer, with the title and author to be announced on June 13. The book is said to have an announced first printing of 1 million copies, with an unusual “worldwide pub date” of July 9 — a Sunday, outside of the typical Tuesday laydowns in the US or Thursday in the UK, which could create challenges for delivery and unveiling of the book. The hardcover has a list price of $45 (and an ebook price of $24.95), and the book seems to be printed in four-color, and is listed as, “Includes 40 […]