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Exports of trade books rose 7.2% in 2011 to $357.4 million, a new report from the AAP’s BookStats statistical report shows. The sales increase came despite only a 0.9% increase in units. Exports of e-books had the largest increase, 332%, but at $21.5 million, represent only a small portion of the overall export market. Print exports rose 2.3%.
In a filing with the U.S. Securities and Exchange Commission made public Thursday, Yucaipa Cos. disclosed that two of the funds under its control would distribute shares of the stock they own in Barnes & Noble.
Bookstore sales fell 3.7% in March, to $922 million, according to preliminary estimates released Tuesday morning by the Census Bureau. For the first quarter of 2012, bookstore sales fell 2.3%, to $3.94 billion. Store sales fell in every month of the quarter.
The children’s/YA segment was the star in February as sales in the category rose 73.0%, according to the AAP Monthly StatShot, which tabulates results from 1,191 total publishers. Sales were up significantly in hardcover and paperback while e-book sales jumped 177.8%, accounting for about 16% of children’s/YA sales at reporting publishers.
PW's weekly feature tracking unit print sales of books.
Houghton Mifflin Harcourt, still struggling with a heavy debt burden despite an earlier capital restructuring, is once again looking to rework its debt. As part of the financial restructuring, HMH will file for prepackaged Chapter 11 bankruptcy within 10 days. It hopes to be out of bankruptcy by the end of June.
Total sales at Lagardere Publishing rose slightly in the first quarter, up to 394 million euros from 390 million euros.
Gains in e-book sales were not enough to offset declines in print in the first quarter at Harlequin, parent company Torstar reported Wednesday morning.
HarperCollins appears to have had a good third quarter for the period ended March 31, noting improved contributions from HC, Dow Jones and integrated marketing services.
PW's weekly look at print book sales powered by Nielsen Bookscan.
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