Friday, May 29, 2009
It’s no secret that book sales have suffered in the current recession. According to the Book Industry Study Group, units sales for 2008 were 3.03 billion, down 1.5%, from 3.13 billion copies in 2007. If you look at the dollar comparison, book sales were actually up 1%, but this was driven by higher retail prices.
Thursday, May 22, 2008
I hear publishers and booksellers complaining all the time about how bad the book publishing industry is. Gas prices are up. Retail traffic is down. Books are simply not moving. One pundit remarked, “Flat is the new up.” Evidently, Dwight Baker and his team at Baker Publishing Group didn’t get the memo.
For the fiscal year ending April 30, 2008, Baker reported sales up 16% to $57.9. Yes, they had a huge hit with 90 Minutes in Heaven, but, according to Dwight, their sales growth was “much more comprehensive” than this one title. In fact, the company experienced growth in all divisions: Revell was up 26%; Chosen, 25%; Baker Books, 15%; Baker Academic, 13%; Brazos, 10%, and Bethany House, 9%.
Monday, May 12, 2008
Today, Christian Retailing ran a story about Thomas Nelson pulling out of the International Christian Retail Show (i.e., “ICRS,” the show formerly known as “CBA”). The article was entitled, “Thomas Nelson: ICRS Pull Out.” Unfortunately, it is not available online, so I can’t link to it.
For the most part, CR got the story right. However, there are two items I’d like to correct. Both of them are near the end of the article. The first item is a simple omission. A few weeks ago, in response to our decision not to attend ICRS, CBA issued a press release. The last paragraph said,