and more.
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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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