Revenues for book publishers were $2.33 billion for the first quarter of 2017, a $108 million (4.9%) increase over the first quarter of 2016, according to the StatShot report from Association of American Publishers (AAP). Much of the growth is attributed to increased revenue in the two of the largest categories - Adult books and higher education course materials. StatShot tracks publisher revenue for about 1,200 publishers of trade (fiction/non-fiction/religious), PreK-12 instructional materials, higher education course materials, university presses and professional books. Click Read More below for additional details.
An Instagram post from 57th Street Books in Chicago, showing the store’s window display featuring ‘Fire and Fury.’
Henry Holt’s efforts to rush more copies of Fire and Fury to stores appears to have partly met demand for the book. According to NPD BookScan, which tracks 80% to 85% of print sales, Michael Wolff’s tell-all book about the Trump White House sold 191,838 copies in the week ended January 14. The sales capture figures for what marks the title’s first full week of sales.
Holt has been working to get more copies of the in-demand book into the pipeline since January 4, when explosive excerpts from Fire were leaked, pre-publication, in a handful of news outlets. Widespread media coverage of the book followed, as did action from President Trump, who sent a cease and desist letter to Holt demanding that the Macmillan imprint cease publication of the title.
The attention on the title spurred Holt to bump up the book’s publication date, from January 9 to January 5. Despite a 150,000-copy first printing, Holt was unable to get enough titles into stores (and to Amazon) to meet the demand over the January 6-7 weekend. As a result, Holt sold under 30,000 copies on January 5 and 6, the two days Fire and Fury was available before weekly sales are measured by BookScan.
To meet the growing demand, John Sargent, CEO of Macmillan, said last week that it had shipped an additional 700,000 copies of the book. Sargent stressed that Macmillan was working with its printer and other vendors to get copies into the market as quickly as possible.
more at: https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/75838-after-massive-new-printing-fire-and-fury-sells-nearly-200-000-copies.html