Page 2 - Massimo Giachetti News Today

Bank of America reported solid earnings for Q4 2021, signaling the start of the strong earnings cycle. Learn more about BAC stock here.

As 2021 winds down, book sales revenue looks good in the American publishing market, per the October AAP StatShot report.

AAP's Maria A. Pallante praises 'the incredible dedication and innovation of the industry' in a remarkable year's outcome.

Trade books were up 34.2 percent in March, and 24.9 percent year-to-date in the American market. In Times Square, May 18. Image – Getty iStockphoto: Massimo Giachetti Year-to-Date Downloaded Audio up 21 Percent In the  StatShot report released Thursday (May 27) by the Association of American Publishers, the United States’ total revenues across all categories monitored by the system were up in March 40.2 percent as compared to March 2020. That brings the monetary figure to US$896.1 million....

US First-Quarter 2021 Print Book Sales Grew 29 Percent In ebooks, the pandemic April of 2020 outsold the same month in 2019 by 5.2 million ebooks in the States, the digital acceleration in action. On Fifth Avenue in Manhattan, January 7. Image – iStockphoto: Massimo Giachetti Adult Nonfiction and Juvenile Fiction Lead Today’s (April 19) executive summary from NPD BookScan on the first quarter of 2021 sees the volume of sales in print books in the United States growing 29 percent over the sa...

Awaiting regulatory approval, HarperCollins parent News Corp’s intended acquisition of HMH Books & Media raises some new concern about book publishing consolidation. Taking a selfie at Macy’s in Manhattan on West 34th Street, March 24. Image – iStockphoto: Massimo Giachetti Announced Acquisition is Worth US$349 Million As news weeks go in international publishing, this is a big one. There are reports of longtime Hachette Livre CEO Arnaud Nourry’s ouster in Paris. And with Bertelsmann’...

US books sales in 2020 were mixed, with AAP reporting trade book revenues up but declines in K-12 and higher education materials.

NYU Center for Publishing Announces Diversity Scholarships The New York University Center for Publishing’s Summer Publishing Institute has three newly developed scholarships this year. An informational session is set for March 3. Rental space ads on Fifth Avenue in Manhattan on February 17. Image – iStockphoto: Massimo Giachetti Summer Institute: June 7 to 25 As you’ll remember, Simon & Schuster CEO Jonathan Karp announced in July the creation of an annual scholarship established in memor...

From these finalists for the PEN America Literary Awards, winners will be announced on April 8 and receive a total of more than US$380,000. Dining tents in New York City’s Bryant Park, February 4. Image – iStockphoto: Massimo Giachetti From 1,850 Submissions, 55 Finalists A total of 55 titles in 11 categories have been named today (February 10) as finalists in the 2021 PEN America Literary Awards. They now are in contention for an aggregate purse of more than US$380,000. PEN America, of cou...

The National Book Foundation’s new digital outreach series features a 12-event presentation of winners, shortlistees, and finalists, including international literature and translation. In the main hall at Union Station in Washington, DC, during the holidays. Image – iStockphoto: Xackery Irving Smith: ‘Fueling Important Community Conversations’ The National Book Foundation—which produces the annual National Book Awards in November—is a year-round operation with educational outreach p...