Publishers saw decreased revenue (-5.4%) in November 2017 vs. November 2016, but year-to-date revenue remains up (+1.1%) compared to Jan. - Nov. 2016 in all tracked categories. Tracked categories include: Trade - fiction/non-fiction/religious, PreK-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. The year-to-date growth is primarily attributed to gains in the two largest categories: Adult Books, up $129.7 million (+2.9%) and Higher Education Course Materials, up $114.3 million (+3.8%). Publisher revenue for trade books was down for November by -4.0%, with declines in Adult, Childrens/YA and Religious Presses. Year-to-date, trade revenue is up by +1.0%, or $66.7 million. Click Read More below for additional information.
Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today announced a $1 million book donation to First Book for areas affected by hurricanes Harvey and Irma. The donation features thousands of children’s books for a variety of ages including chapter books, board books, picture books, and coloring books, and will be delivered by First Book to schools and local charities in both Texas and Florida.
The donation underscores Barnes & Noble’s support of First Book, a nonprofit social enterprise that has distributed more than 170 million books and resources to kids in need – including a focused effort providing books to children affected by natural disasters.
“Barnes & Noble is committed to the communities it serves across the country, and when natural disasters of this magnitude affect our customers and booksellers we feel a duty to help,” said Demos Parneros, CEO of Barnes & Noble, Inc. “We hope that by partnering with First Book to put books in the hands of children in affected areas, we can help brighten the outlook of some of the families who lost the most in these unprecedented storms.”
“We are so grateful to Barnes & Noble for stepping up and making a significant difference at a time of need for so many children and families in our country,” said First Book President and CEO Kyle Zimmer. “These books will be distributed to schools and charities that require the most help in both Texas and Florida. Since Hurricane Katrina, First Book has already distributed more than 5 million new books to areas affected by natural disasters, and we’ve seen firsthand how books can improve the lives of young people, even in the most difficult circumstances.”