After a five-year period from 2021 to 2025 in which U.K.-based Bloomsbury has seen sales double and profits soar 154%, the now £361 million ($484 million) publisher is streamlining its organization. The publisher’s rapid growth has largely been driven by ... See more
Hachette Book Group has named Brian J. Distelberg to succeed Lara Heimert as president and publisher of the Basic Books Group. Heimert is set to retire as head of Basic Books June 5 after a 21-year career with the publisher. Heimert joined Basic Books in ... See more
A new paper released last week by the Pew Research Center found that print books continue to be American adults’ preferred reading format, though digital formats continue to make inroads. According to a survey of 8,046 U.S. adults conducted last year from... See more
In his proposed federal budget for fiscal 2027, which targets $1.5 trillion for defense spending, President Trump once again calls for eliminating funding for the Institute of Museum and Library Services (IMLS), the only federal agency dedicated to suppor... See more
Unit sales of print books had a slow start in 2026, according to data from Circana BookScan. Total unit sales fell 3.1% compared to a year ago for the quarter ending March 28, 2026, dropping to 163.5 million copies sold. Only the children's category poste... See more
