CEO Brian Murray admits to an over-reliance on non-fiction (by which he means celebrity and politician books). Brian, you seriously have only just come to that conclusion?
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Total sales when all are included will be higher still. So Why.T.F. was Seth Godin ranting about declining book sales and blaming AI?
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Given HarperCollins’ parent company News Corp is investing heavily in AI, we can therefore reasonably assume HarperCollins is going down that same route, but quietly.
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What we do know, by simply looking at the digital charts, is that APub shifts huge numbers of ebooks uncounted by the AAP, and we also know Amazon pays out serious money every month to self-publishers using its Kindle Unlimited ebook subscription service.
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The total sum paid out to self-publishers and small presses so far this year is $205.8 million, putting ebook unlimited subscription service Kindle Unlimited on target to pay out $620m in royalties in 2024.
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As the industry watches Middle Grade sales and reading decline, grasping at easy excuses – such as that 70% of US nine year-olds don’t have phones – just beggars belief. How the f**k do they think Harry Potter or Enid Blyton got noticed and sold millions of books back in nineteen bow and arrow?
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For those of us outside the US, Publishers Weekly has been our indispensable window on American...
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“Interviews with publishers and dealmakers suggest that 2024 could be a very active year for...
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Milliott’s latest report on the struggling US print market for PW is one of so many it would...
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It is not clear just how much college books shifting to digital are contributing to the 17% August...
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But what mainstream publishers will have preferred not to hear was that romance sales were way...
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The Kindle Unlimited pot pay-out for self-published authors’ ebooks is on target to exceed...
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