Shares in Bloomsbury Publishing reached the peak as the group best known for backing JK Rowling’s Harry Potter series hailed fantasy author Sarah J Maas as a “publishing phenomenon” helping to turbocharge its sales and profits. The London-headquartered group raised its profit outlook for the second time in three months due to growing demand for its fantasy novels, led by those … [Read more...] about Bloomsbury Makes Profit Due to Sarah J Maas
Bloomsbury
Bloomsbury to Release Seven New Sarah J Maas Titles This Year
Bloomsbury Publishing has slated the release of seven new Sarah J Maas titles, starting from early this year and a new author named Samantha Shannon, both of which are fantasy authors. The independent publisher is capitalizing on the fantasy fiction boom. Statista reported that book spending increased to £4.3 billion in 2022, largely due to the Covid-19 pandemic. Bloomsbury … [Read more...] about Bloomsbury to Release Seven New Sarah J Maas Titles This Year
Bloomsbury Makes Record First-Half Earnings Of £136.7m, Thanks to Fantasy Fiction Boom
The London-based British book publisher Bloomsbury has reported staggering first-half earnings of £136.7m. The publisher credits this success in part to a boom in the popularity of fantasy fiction, largely due to the American author Sarah J Mass, who is best known for her fantasy series Throne of Glass, British novelist Samantha Shannon, and the continuing popularity of Harry … [Read more...] about Bloomsbury Makes Record First-Half Earnings Of £136.7m, Thanks to Fantasy Fiction Boom
Harry Potter Publisher – Bloomsbury – Sees Record Sales
Bloomsbury – the UK's most famous publisher renowned for the Harry Potter series- has recently reported a 15% increase in sales with a 16% increase in profit. The publisher chalks this success to allies – TikTok and the ongoing macroeconomic hellscape. Harry Potter During the Inflation According to CEO Nigel Newton, with increasing living costs, books are an affordable form … [Read more...] about Harry Potter Publisher – Bloomsbury – Sees Record Sales
E-Book sales decline in the UK
The sale of e-books from the Big Six publishers in the UK has come down by 8.3 percent in 2022, BooksandPublishing reported citing a report on Bookseller. In terms of volume, that turns out to be 43.6 million e-books that were sold last year. That made for the lowest sales registered since 2017 and the second lowest it has ever been since the Bookseller began collecting annual … [Read more...] about E-Book sales decline in the UK
Half of All Book Sales are Now eBook Sales
Bloomsbury Publishing is reporting that half of their total sales now stem from eBook sales in some markets. Overall, digital sales accounted for 17% of Bloomsbury’s total revenue in the first half of 2013 compared to 11% in the 2012 six month period. "Our Adult division enjoyed a very good interim result, reflecting an impressive new book programme including And the … [Read more...] about Half of All Book Sales are Now eBook Sales
Bloomsbury Publishing Sees Exponential Growth Due to eBooks
Bloomsbury Publishing has announced an increase in digital sales by over 70%. The company has seen massive growth year after year, and especially in the last three months. "eBook sales continue to grow at a rapid rate and we are well placed to take advantage of this seismic shift in the book publishing industry. Despite the economic headwinds we are confident that we have the … [Read more...] about Bloomsbury Publishing Sees Exponential Growth Due to eBooks
Condé Nast Completes Sale of Fairchild Books to Bloomsbury Publishing
Bloomsbury Publishing has completed the sale of Fairchild Books today for $6.5 million dollars. Fairchild is well known for the production of educational resources and textbooks geared towards fashion, retailing, and interior design. In a statement, Bloomsbury said the acquisition will "bolster Bloomsbury's US presence and raise its profile through an association with a … [Read more...] about Condé Nast Completes Sale of Fairchild Books to Bloomsbury Publishing
Book Market in India Registers Exponential Growth
Book lovers in India have been indulging in their passion for reading all the more, demonstrated by the steep rise in book sales. The domestic book market grew by an impressive 45 percent in volume and 40 percent in value terms during the first half of 2011. The adult fiction segment is witnessing the most growth during this period, expanding by 82 percent in volume and 49 … [Read more...] about Book Market in India Registers Exponential Growth
Google and Bloomsbury’s Public Library Online
Public libraries and the ebook content they provide have made news earlier this week with the discovery that not all U.S.-based public libraries are allowed to purchase the same digital titles for their patrons while using OverDrive’s catalogs of materials. But a step in the right direction toward equal access to content for public library patrons has been made in the UK … [Read more...] about Google and Bloomsbury’s Public Library Online