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Entangled Gets Investment from the Chernin Group
The private equity firm has invested in such media companies as Barstool Sports, Hello Sunshine, and Crunchyroll. Entangled Publishing cofounder and CEO Liz Pelletier will retain majority ownership and full creative control of the company.
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Wiley’s Profits Up in Q2 Despite Declines in Learning Segment
Sales in the company’s learning group fell 11% in the second quarter largely due to lower orders from Amazon. A strong showing in Wiley’s research group, bolstered by more AI deals, helped increase profits in the quarter.
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Publishing Sales Recovered in September
After sales slumped in July and August, business rebounded in September, according to the AAP’s StatShot report. Sales in the month were up 14.4% at 1,324 publishers, as increases in four major segments offset declines in three others.
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B&NE Releases More Preliminary Financial Results
After completing an investigation into irregularities in its accounting of digital sales, Barnes & Noble Education reported preliminary results for the fiscal year ended May 3, 2025 that were largely in line with earlier estimates.
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Bertelsmann Post Small Sales Gain Through September
Penguin Random House was one of four operating groups to contribute to a 0.8% increase in revenue at parent company Bertelsmann for the first nine months of 2025.
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Webtoon Posts $11 Million Q3 Loss
Despite a 8.7% increase in sales, higher income tax expense and lower-than-projected revenue led to a $11 million net loss at the webcomics company, which also owns Wattpad.
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HarperCollins Sees Soft Q1, Writes Off $13 Million from B&T Closure
The publisher’s sales slipped 2% in the quarter ended September 30, and earnings had a steep fall due in part to the write-off of $13 million owed to HarperCollins by the recently collapsed Baker & Taylor.
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Publishing’s Summer Slump Continues
Total industry sales fell 4.4% in August. Adult nonfiction sales fell 17%, while children’s/YA nonfiction sales declined 16.2%. Fiction fared better, though adult fiction sales were still off 3.4% and children’s/YA sales down 8.2%.
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Bloomsbury Sales, Earnings Fall in First Half of Fiscal 2026
After a record performance last year, sales and profits dropped in the first six months of the period ended August 31. The company still expects to finish the fiscal year ending next February ahead of market expectations.
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HBG Notches Strong Third Quarter Sales
Contributions from the Union Square acquisition plus solid showings from new releases resulted in a 12.5% increase in Q3 sales at Hachette Book Group.
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Publishing Sales Hit a Wall in July
July was a rough month for trade publishers that report their sales to the AAP’s StatShot program, with sales of adult trade titles dropping 13.6% in the month compared to a year ago, while sales in the children’s and YA category fell 10.4%.
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Print Book Sales Dipped 0.9% in First Nine Months of 2025
Sales of adult fiction softened in the third quarter, contributing to a 0.9% decline in print book sales for the first nine months of the year. Adult nonfiction sales fell 2% in the period. The children’s segment had a small bump, while results were mixed in young adult.
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Adult Fiction Sales Fell 5% in Soft First Half of 2025
Trade sales at the 1,325 publishers that report to the Association of American Publishers’ StatShot program dropped 1.7% through the first six months of 2025, to $4.3 billion, over the comparable period in 2024. The adult fiction category saw sales sink 5%, after an 11.3% rise in the same period last year.
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Scholastic Sees Dip in Sales, Higher Loss in First Quarter
Sales in the quarter fell 5%, to $225.6 million, and operating losses rose to $92.2 million from $88.5 million a year ago.
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Wiley Touts AI Strengths in First Quarter Report
The publisher said it had executed a “landmark AI licensing project with a large tech company” and struck a “strategic partnership with Anthropic” in the period; it reported $29 million in AI licensing revenue in Q1.
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PRH Profits Fell 12% in First Half of 2025
Macroeconomic challenges, including rising costs and uncertainty caused by U.S. tariffs, limited sales growth at Penguin Random House in the first half of 2025 to a 2.1% increase, hitting €2.3 billion, while profits fell 12%.
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Publishing Industry Sales Saw Modest Gains in 2024
Final estimates from the Association of American Publishers showed that total sales rose 4.1% to $32.5 billion last year, while unit sales increased 3.4%, to 3.1 billion. Adult fiction and religion books had the strongest gains and online retailers increased their market share.
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Barnes & Noble Education Faces Possible Delisting
The company’s failure to file its year-end financial documents on time has resulted in a warning from the New York Stock Exchange. B&NE said it anticipates it will meet the February 1, 2026 deadline to regain compliance with the exchange's listing standards.
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HarperCollins Profits Rose 10% in Fiscal 2025
A strong first half for the fiscal year ended June 30, 2025 helped HarperCollins overcome softening conditions in Q4 to post a 3% increase in sales in the year, to $2.15 billion, while profits rose 10%, to $296 million.
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Amazon’s Online Sales Grow Amid AI Push
Despite concerns about consumer spending, Amazon’s online sales rose 11% in the second quarter thanks in part to what the retailer called its biggest Prime Day yet. But industry analysts made it clear they see the company’s future in the booming AI market.
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