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Katy Hershberger

March 6, 2025By Katy Hershberger

AI Licensing Helps Wiley While Textbook Sales Fall

March 6, 2025By Katy Hershberger

Wiley reported results from the third quarter ended January 31, with adjusted sales of $405 million, down from $461 million, due to the loss of sales from divested businesses. Operating income was $51.8 million for the quarter, compared to a loss of $(46.4) million in 2024, when there was a big impairment for writedown of goodwill. Income before taxes was $18.7 million, up from $(112.3) million. The learning segment, which includes textbook sales, fell 6 percent for sales of $137 million, due to softness in academic sales and an unfavorable comparison to the previous year, which included a $6 million […]

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March 5, 2025By Katy Hershberger

Romance Author Pulls Book After Online Criticism

March 5, 2025By Katy Hershberger

Romance author Sophie Lark is “pausing” the publication of SPARROW AND VINE and other books in the series after criticism surfaced online, she wrote on Instagram. The first in a planned series, SPARROW AND VINE was due to be published by Bloom Books on April 22. Early readers noted insensitive lines in the book, spoken by the main character without any pushback or disagreement from other characters or in the text. In one instance, Lark writes, “Shouldn’t there be a crew of people with questionable work visas picking these grapes for us?” In another, she writes, “I was inspired by […]

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March 5, 2025By Katy Hershberger

Bonnier Books Hits Record Sales in 2024

March 5, 2025By Katy Hershberger

Bonnier Books reported results for the full year 2024, with net sales of SEK 8.39 billion, up 4 percent from 2023—a record for the company. EBITDA fell 10 percent to SEK 684 million, though they say “adjusted for items affecting comparability, [the number] represents an improvement of SEK 176 million.” Sales improved in Sweden, Finland, and the UK, and Germany “once again had a good year.” The books and news segments contributed to overall success for the company, ceo Erik Haegerstrand said in a release. Overall group net sales increased slightly to SEK 23.19 billion and EBITDA was “the highest […]

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March 4, 2025By Katy Hershberger

AAP Sales Softened In December, But Grew to Almost $8.6 Billion in 2024

March 4, 2025By Katy Hershberger

The Association of American Publishers shared data from participating StatShot publishers, reporting trade book sales of $620 million for December, down 7 percent. That end-of-year softness stood in contrast to a year in which overall trade sales were strong, growing 4.76 percent on the strength of the adult fiction market and still-rising digital audio sales. For December, adult books sold $457 million, down 6 percent from the previous year. Fiction sold $230 million, falling 3 percent, and nonfiction sold $226 million, down 9 percent. Hardcovers fell 5 percent to $148 million and paperbacks fell 11 percent to $141 million. Ebooks […]

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March 4, 2025By Katy Hershberger

New Books Publishing March 4

March 4, 2025By Katy Hershberger

This week’s fiction releases include books by Laila Lalami, Freida McFadden, Chimamanda Ngozi Adichie, and Amal El-Mohtar, while new nonfiction includes work from Samina Ali, Chloe Dalton, and Amanda Nguyen. March’s children’s releases include novels from Suzanne Collins, Tracy Deonn, Nic Stone, and Trang Thanh Tran. Also publishing this week are novels by Georgia Hunter and Nanda Reddy, excerpted in our Buzz Books 2025: Spring/Summer sampler, and K.L. Walther’s WHILE WE’RE YOUNG, excerpted in our 2024: Romance anthology. 30 works of fiction https://bookshop.org/lists/new-fiction-publishing-march-4       16 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-march-4       39 children’s titles https://bookshop.org/lists/march-2025-children-s-releases       […]

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March 4, 2025By Katy Hershberger

Distribution: Podium Entertainment

March 4, 2025By Katy Hershberger

Audiobooks from Podium Entertainment will be distributed by OverDrive to libraries and schools worldwide. OverDrive will be the exclusive seller of Podium’s audiobooks outside the United States and Canada.

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