Scholastic reported results for the first quarter of fiscal year 2025, with sales of $ 237 million, up 4 percent from the same period last year, due to strong sales from 9 Story Media Group and offset by declines in the education segment. The seasonal operating loss improved 11 percent to $(88.5) million, attributed to gains in the children’s publishing and distribution segment. Adjusted EBITA was $(60.5) million, compared to $(70.6) million in 2024. The company’s stock rebounded on better-than-expected results, rising over 10 percent in early Friday trading. Trade book sales gained 2 percent to $73.9 million, due mainly […]
Calling For Your Buzz Book Nominations
It’s that time again: your invitation to include your buzziest titles in the 26th edition of Buzz Books 2025: Spring/Summer, book publishing’s longest-running, most successful sampler! Nominations are due October 16. Send a list of your nominated titles (publishing between February 2025 and September 2025), including imprint, pub date, genre (fiction, debut, nonfiction), ISBN, and any compelling information about the title, to project directors Julie Trelstad and Ali Battey at buzzbooks@publishersmarketplace.com. Based on feedback and interest, we will be holding TWO virtual Buzz Books Editors and Authors Panels for this edition, gathering hundreds of booksellers, librarians, reviewers and educators. We’ll […]
People 9/24
New Books Publishing September 24
Sally Rooney and Nicholas Sparks publish novels this week, while new nonfiction includes work from Jack Carr and James M. Scott. Also out this week are new books by Jami Attenberg and Rebecca Little and Colleen Long, both excerpted in our Buzz Books 2024: Fall/Winter sampler, and by Sav R. Miller, featured in our Buzz Books 2024: Romance collection. 7 works of fiction https://bookshop.org/lists/new-fiction-publishing-september-24 5 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-september-24 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 […]
Book Restrictions Skyrocket, Though Permanent Removals Are Down
In anticipation of Banned Books Week this week, both the American Library Association and PEN America released preliminary reports on book restrictions in public schools and libraries. In the first eight months of 2024, the ALA tracked 414 book banning attempts of 1,128 individual titles, down from 695 attempts and 1,915 titles in the same period last year. That’s a 40 percent decrease in attempts from last year, though the ALA notes that the current numbers are a marked increase since 2020. And there are likely more bans that the ALA didn’t track, as they weren’t reported by the news […]
People 9/23
Publishing Trends has updated and expanded their "contact sheets" charting literary scouts and their clients, in both the US and the UK. New sheets also list scouts by language.