Gabriella Page-Fort has joined HarperOne as executive editor, reporting to Gideon Weil. She was previously at Amazon Crossing.
Bloomsbury Reports Record Sales, Profits
Bloomsbury announced results for fiscal year 2022, ending February 28, reporting its highest ever sales and profit. Sales were £230 million, up 24 percent from last year and 41 percent from 2020. Profit before tax was £22.2 million, up from £17.3 million last year. Recent acquisitions, led by Head of Zeus, accounted for £17 million of the increased sales, with “organic” sales up 15 percent for the year. “Both the Consumer and Non-Consumer divisions gave outstanding and resilient performances, highlighting Bloomsbury’s unique strength in combining general and academic publishing,” ceo Nigel Newton said. “Bloomsbury plans to invest robustly in continued […]
WH Smith Rebounds Overall, But High Street Sales Are Weak
UK book retailer WH Smith reported a brief trading update for the third quarter, the 15 weeks ended June 11. The company is still comparing their results to those of 2019, with overall group sales at 107 percent of the same period in 2019 lifted by a surge in travel—the first time the company has risen above pre-pandemic numbers. But High Street sales remain weak, at 79 percent of 2019’s level, including “the impact from the cyber incident on [online gift and greeting card business] Funky Pigeon,” down 7 percent from the same period last year. High street sales have […]
Wiley Exceeds $2B in Full-Year Sales for the First Time
Wiley reported fourth quarter and fiscal year results for the period ended April 30, with fourth quarter sales of $546 million, up 2 percent from $536 million, held back by -$11 million in foreign exchange. Operating income was $58.4 million, up 14 percent from $51.2 million a year ago, and adjusted EBITDA was $110.9 million, down from $112.7 million. Academic & Professional Learning (which includes trade books) was down 7 percent as reported in the quarter, “driven by declines in education publishing and trade publishing, offsetting a continued strong recovery in corporate training.” That corporate training recovery was evident in […]
New Books Publishing June 14
Alix E. Harrow, Elin Hilderbrand and Werner Herzog lead this week’s fiction releases, while nonfiction includes new work from Ibram X. Kendi and Ada Calhoun. Also out today are books by Geraldine Brooks and Melissa Bond, both featured in our Buzz Books 2022: Spring/Summer sampler. 19 works of fiction https://bookshop.org/lists/new-fiction-publishing-june-14 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_June_/223171 16 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-june-14 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_June_/223172 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 your key titles are on our radar, now you can use […]
James Beard Awards
The James Beard Foundation announced their 2022 media awards, with The Zuni Café Cookbook by Judy Rodgers entering the Cookbook Hall of Fame and Mooncakes and Milk Bread: Sweet and Savory Recipes Inspired by Chinese Bakeries by Kristina Cho winning in both the Baking and Desserts and Emerging Voice categories.