AAP released its February StatShot of publisher-reported sales, showing combined adult and children’s book sales of $580 million, up from $484 million. Adult books led the gains again, with net sales of $413 million, up from $338 million a year ago. In a signal of some strength for new releases, adult hardcover sales of $121 million accounted for much of the increase, up over $31 million compared to last year. Children’s hardcovers were up over $11 million, at $69.5 million for the period. Digital formats continued their trend of gains, with ebook sales still rising, at $94 million, up from […]
Lagardere Publishing Shows Continued Boost from Lockdown Reading in Q1
Lagardere reported first quarter sales for the period ended March 31, with publishing sales of €509 million, up from €457 million, an 11.6 percent gain over the first quarter of 2020. Acquisitions — primarily the addition of Laurence King Publishing last September — added €6 million to sales, while currency exchange reduced sales by €17 million. The company attributed the strong performance to “successful editorial decisions in the various regions as well as by the increased appeal of reading among consumers during extended lockdowns, notably in France and the United Kingdom,” where sales grew by 22.2 percent and 19.8 percent […]
New Books Publishing April 27
John Grisham’s latest leads the week’s new fiction (joined by new titles from Danielle Steel and Jhumpa Lahiri), while new nonfiction releases include Malcolm Gladwell’s The Bomber Mafia, Cindy McCain’s memoir, and Oprah Winfrey’s conversations on trauma, resilience, and healing with Dr. Bruce D. Perry: 6 new works of fiction https://bookshop.org/lists/new-fiction-publishing-april-27 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_April_/219311 10 new nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-april-27 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_April_/219312 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 […]
Corporate: McGraw Hill and Pearson Offer Highlights of Results to Come
McGraw Hill offered brief preliminary highlights of their fiscal fourth quarter (ending March 31) and full year 2021 results. For the quarter, overall billings grew 21 percent, with 12 percent growth in higher ed billings. Adjusted EBITDA grew in the fourth quarter, thanks to strong billings and savings from the completed “cost rationalization program.” The company says higher ed billings grew 5 percent for the year, and digital billings grew 17 percent, but did not provide data on overall billings for the year. “Despite challenging environment in FY2021, MH demonstrated resiliency and focused on supporting institutions, educators and learnings during […]
Sales of Vivendi’s Editis Up 40 Percent Compared to Last Year’s Locked Down Q1
Vivendi reported results for the first quarter ended March 31, with sales at French publisher Editis of €163 million, up from €116 last year, a forty percent increase. The gains were attributed to “a boom in the market environment since January 2021” and several bestselling titles, but were also due to a favorable comparison, since France was in lockdown a year ago. Compared to 2019, the company says sales were still up by 20.1% “at constant currency and perimeter compared to the first quarter of 2019 adjusted.” Even with the strong performance at Editis and Universal Music Group (sales up […]
New Books Publishing April 20
This week’s new fiction brings previously unpublished work from Richard Wright, while a large assortment of nonfiction includes a Cold War history from Louis Menand, George Bush’s portraits of immigrants, and Larry Krasner’s take on transforming criminal justice. 9 new works of fiction https://bookshop.org/lists/new-fiction-publishing-april-20 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_April_/219299 12 new nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-april-20 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_April_/219300 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 this form to submit brief details […]