With audiobooks growing in popularity and a sizeable number of listeners opting to listen to the audiobooks without using headphones while being in public, here is a new issue that has come to the fore. The audiobook might contain stuff that others may find offensive and it is this that has prompted publisher Hachette to include trigger warnings with the audiobooks. This way, … [Read more...] about Hachette adds trigger warnings to audiobooks
Hachette
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
Hachette digital sales are up, while book sales plummet
Hachette is one of the largest publishers in the world and have released their financial earnings report that covered the first three months of 2020. One of the more interesting things has to do with digital audiobooks and ebook sales. Downloadable audio accounted for 14.4% of HBG’s revenue in the quarter, up from 10% a year earlier. E-books accounted for 16.8% of total revenue … [Read more...] about Hachette digital sales are up, while book sales plummet
Ebooks account for 7.7% of Hachettes Revenue in 2019
Hachette has just announced that in 2019 the publishing company generated €2.38 billion, which is a 5% increase since 2018. Digital books accounted for 7.7% of the publishers revenue, which means the format made around €83 million for the year. Digital audiobooks represented 3.4% of revenue, up from 2.7% in 2018 and they accounted for €81 million. With strong sales in other … [Read more...] about Ebooks account for 7.7% of Hachettes Revenue in 2019
Hachette says Audiobooks account for 3.4% and ebooks 8.2% of their revenue
Hachette stated during their recent earnings report, that in the first six months of 2019, ebooks accounted for 8.2% of their total revenue, this is bit of a fall from the 8.4% in the same period of 2018. Meanwhile audiobooks accounted for a respectable 3.4%, a huge jump from 2.5% a year prior. The publisher worldwide generated $1.3 billion dollars in sales for the first … [Read more...] about Hachette says Audiobooks account for 3.4% and ebooks 8.2% of their revenue
Hachette states that ebooks account for 7.9% of global revenue
Hachette has reported that in 2018 global revenue was €2.52 billion. Canada and the US accounted for 29% of their revenue, which was around $736 million dollars. This was an overall increase of 27% from 2017. In a prepared statement, HBG CEO Michael Piestsch said: “HBG’s increased profits in 2018 were the result of superb publishing across our divisions, solid revenue … [Read more...] about Hachette states that ebooks account for 7.9% of global revenue
Hachette Proclaims eBooks account for 7.9% of their revenue in 2018
Hachette has just disclosed their yearly financial results and report reported that total sales in its publishing group fell 1.6% in 2018 compared to 2017, dropping to €2.52 billion. On the digital side of things the publisher stated that ebooks accounted for 7.9% of 2018 their publishing revenue, up from 7.1% in 2017. Digital audiobooks represented 2.7% of revenue, up from the … [Read more...] about Hachette Proclaims eBooks account for 7.9% of their revenue in 2018
Hachette is betting that people will listen to audiobooks on Vinyl
Hachette is getting really bullish on vinyl and they intend on launching dozens of titles in 2018. The first titles announced are Lin-Manuel Miranda and Jeremy McCarter’s 2016 book Hamilton: The Revolution, Miranda and McCarter; Amanda Palmer’s 2015 effort The Art of Asking: How I Learned to Stop Worrying and Let People Help, Dennis McNally’s 2015 book Jerry on Jerry: The … [Read more...] about Hachette is betting that people will listen to audiobooks on Vinyl
Hachette will produce 50 WattPad Audiobooks in 2017
WattPad is the largest self-publishing community in the world and they have just partnered with Hachette Audio to have 50 audiobooks produced in 2017. These titles will be available on Bandcamp, iTunes, Audible, Barnes & Noble, Downpour, eStories, Audibooks.com, Libro.fm, and others. Physical audiobooks on CD will be made available to libraries and on-demand. Hachette … [Read more...] about Hachette will produce 50 WattPad Audiobooks in 2017
Hachette e-Book Sales Decline by 1.1% in Q3 2016
The Hachette Book Group has just released their 3rd quarter financial results and they have said that worldwide sales were €675 million or $734 million US. They also mentioned during their report that e-book sales accounted for 6.8% of their global revenue, compared to 7.9% in the third quarter of 2015. If we break down the percentages, this means the publisher generated €46 … [Read more...] about Hachette e-Book Sales Decline by 1.1% in Q3 2016
Hachette e-Book Sales Continue to Fall
Hachette has just announced their financial figures for the first six months of 2016. E-Book sales account for 9.2% of their total revenue stream, which is a slight decrease from 10.7% during the same period in 2015. Sales for the first six months of 2016 fell 6.6% at Hachette Book Group, compared to the first six months of 2015. The funny thing is, even though sales are … [Read more...] about Hachette e-Book Sales Continue to Fall
Hachette e-book sales are down 2%
Hachette has just announced their latest quarterly results from January to March 2016. The publisher has acknowledged that e-book sales accounted for 10.4% of total revenue in the quarter, down from 12.2% a year ago. In the first three months of the year total trade sales generated $469 million and e-books generated $47 million. Hachette is the 5th major publisher to report … [Read more...] about Hachette e-book sales are down 2%
Hachette Laments e-Book Decline
The parent company of Hachette has announced that their revenue has declined and this sent their stocks tumbling by 8.2%. Industry experts had forecast that the publisher would see a profit of $466, but they also managed to generate $439 million in all of 2015. This has prompted CFO Dominique D’Hinnin who had been working for company for the past 26 years to leave. Of its … [Read more...] about Hachette Laments e-Book Decline
Hachette Claims e-Book Sales have Plateaued
Hachette Book Group CEO Michael Pietsch wrote an wrote an editorial in the Wall Street Journal and stated that e-book sales have plateaued and he is no longer worried about them destroying the book selling business. He also mentioned how print has proved to be durable because, as a format, they’re simply hard to improve on. People have accused the Hachete boss of writing a … [Read more...] about Hachette Claims e-Book Sales have Plateaued