The major publishers continue to see strong book sales all over the world in the past three months. This is primarily attributed to bookstores opening again and shoppers being able to browse around and buy things. The sales also include online book sales where Amazon, Barnes and Noble, Chapters Indigo, Thalia, Waterstones and other retailers are back to business. … [Read more...] about Publishers continue to see strong book sales
Bookselling News
US Justice Department Investigating Penguin Random House and S&S Merger
Penguin Random house accounts for 1/4 of all books published in the world, which includes audiobooks and ebooks. Last November, the publisher announced they were going to acquire Simon and Shuster for $2.175 billion in cash. This give PRH access to authors such as Stephen King, Hillary Clinton and John Irving. Things have been fairy quiet since the announcement, as various … [Read more...] about US Justice Department Investigating Penguin Random House and S&S Merger
Does the e-book revolution spell disaster for print books?
Do you love the smell of yellowed paper, the feel of parchment against your skin, the weight of a leather-bound volume in your hands? Bibliophiles like myself would agree that there is nothing that can truly replace the genuine feel of a physical book. The traditional 'book' form that we love so much has been around for centuries, so it is hard to think of it as something … [Read more...] about Does the e-book revolution spell disaster for print books?
Print books are suffering from a shortage and this will continue into 2022
Print books are suffering from a shortage and will be in short supply going into 2022. This is why most of the biggest titles that are available as a pre-order on Amazon are already sold out, such as Will Smiths "Will" and Dave Grohl's new autobiography. Publishers are warning booksellers that a lumber shortage is preventing them from fulfilling most of the anticipated orders. … [Read more...] about Print books are suffering from a shortage and this will continue into 2022
Canadian Book Sales Generated $463 million in six months of 2021
Canadian Book sales have increased by $46 million in the first six months of 2021. Total sales were $463,780,134. Comparing the first six months of 2021 with the first six months of 2019 show that the book market in Canada is still running behind 2019, but has gained back much of the COVID-19 related losses that happened at the start of 2020. Looking at the category trends for … [Read more...] about Canadian Book Sales Generated $463 million in six months of 2021
Indigo Books and Music sales declined 5.5%
Indigo Books and Music has reported in their yearly financial results that their revenue declined 5.5% and generated revenue of $904.7 million compared to $957.7 million last year. The time period of this revenue was from March 28, 2020 to April 3, 2021, so basically they did well, all things considered. The vast majority of their stores were completely shut down in 2020 and … [Read more...] about Indigo Books and Music sales declined 5.5%
Barnes and Noble is advertising the Nook e-reader in their bookstores
Barnes and Noble is the largest bookselling chain in the United States and the Nook line of e-readers are enjoying tremendous visibility in over 600 different locations. The company has developed a ton of new imagery and signage that are spread throughout the store. The premise of the new campaign is to advertise the Nook as being a gateway to millions of ebook titles and to … [Read more...] about Barnes and Noble is advertising the Nook e-reader in their bookstores
Chapters Indigo had a great holiday season, despite store closures
Indigo Books and Music, the largest bookstore chain in Canada, has a tremendous holiday season. Over the course of the last three months of 2020, the time of year where books sell like crazy, Indigo net profit grew nearly 19% and generated $30.7 million in profit. This was primarily attributed to their e-commerce revenue growing by over 92%, as Indigo enhanced so-called … [Read more...] about Chapters Indigo had a great holiday season, despite store closures
B&N Press Just Sweetened Its Deal for Indie Authors
One of the most important things about self-publishing has always been that authors were finally in control. Without gatekeepers blocking the way, authors could sell where they wanted to, price their books how they wanted, write whatever genre and crossovers they wanted. Choice is a glorious thing when it comes to buying and selling, but that choice diminished somewhat with the … [Read more...] about B&N Press Just Sweetened Its Deal for Indie Authors
Authors to Dept of Justice: Stop the Penguin Random House Buy of Simon & Schuster
Once upon a time, the publishing world involved a vast, gatekeeping entity called the Big Six. Shortly after a devastating anti-trust lawsuit involving five of those publishers, Penguin and Random House merged to become the current largest trade publisher in the US. But a new deal to buy Simon & Schuster--amounting to what the Washington Post has called "the Big Bad Wolf … [Read more...] about Authors to Dept of Justice: Stop the Penguin Random House Buy of Simon & Schuster