and more.
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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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Book Publishing Sales Fell Across the Board in May
Soft print sales led to declines in all major categories in May, with sales in the month falling 7.5% at the publishers that report results to AAP’s StatShot program.
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Scholastic’s Earnings Growth Outpaced Sales Gains in Fiscal 2025
Cost controls at the children’s publisher boosted profits for the company despite sluggish sales in the trade and book fair divisions and a sales decline in educational solutions.
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Union Square Lifts First Half Results for HBG
Boosted by the November acquisition of Union Square, sales at Hachette Book Group rose 7% for the first half of 2025 compared to a year ago, parent company Lagardère reported. Excluding results from Union Square, sales at HBG were flat.
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B&NE Delays Year-End Reports for Fiscal 2025
Questions around the way the company accounts for the cost of digital sales forced Barnes & Noble Education to delay filing its report, with an investigation finding that “internal control over financial reporting was not effective” in fiscal 2024 and 2025.
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