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Research Outline
Prepared for Andy | Delivered January 17, 2020
Top Publishing Companies Part 2
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Goals
To identify revenues for Hachette Livre, Macmillan Publishers, and Simon & Schuster for print, e-books, and audiobooks.
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Early Findings
Hachette Livre
Hachette Livre is the "world’s
third-largest
trade book publisher for the
g
e
n
e
r
a
l
p
u
b
l
i
c
and educational markets."
Hachette Livre "(or Lagardère Publishing) is a subsidiary of
Lagardère Media
, which is the holding company for Lagardère’s media operations."
In the United States, "Hachette Book Group is the
fourth-largest
trade book publisher thanks to such publishing houses as Grand Central Publishing; Little, Brown, as well as Little, Brown Books for Young Readers in the Youth Works segment; FaithWords in the Religious Literature segment; Orbit in Science-Fiction; Twelve for Quality Non-fiction; and Mulholland for Crime-Fiction."
Lagardère recorded revenue of "
7.07 billion EUR
in 2017."
In the United States, the Hachette Book Group (HBG) "increased its revenue by
5%
in 2017, mainly from bestselling titles, along with a boost from the U.S. market’s slightly higher print book sales and stable e-book sales."
Sales by publishing segment are as follows: education
16%
; illustrated books
12.7%
; general literature
43.6%
, artworks
12%
; other (including reference)
16.5%
.
In 2017, their US revenues remained almost stable at
24.6% (24.7%
in 2016). Hachette Livres revenue in the US represented
26%
.
Most of Hachette's new publications are available in
digital format
in the United States and sold as e-books on all platforms.
In 2017, the Hachette Book Group (HBG), US, "noted that audio books grew (gaining a further
30.2%
after growth of
32%
in 2016), while e-books further declined, bringing them
30%
below their 2013 peak—a level that appears to reflect a sustainable market of regular users. "
Their US e-book sales declined by
5%
in 2017.
Macmillan Publishers
Holtzbrinck Publishing Group is a "family-owned German holding company with broad interests in research publishing (Springer Nature), educational content (Macmillan Learning), trade book publishing (
Macmillan Publishers
) and technology business (Digital Science, HV Holtzbrinck Ventures). "
Holtzbrinck’s trade "publishing activities are united under the umbrella of
Macmillan Publishers
with
a
l
a
r
g
e
n
u
m
b
e
r
o
f
imprints."
U.S. publishers include "Celadon Books, Farrar, Straus and Giroux, Flatiron Books, Henry Holt & Company,
Macmillan Audio
, Macmillan Children’s Publishing Group, St. Martin’s Press and Tor Books."
In 2018, "Holtzbrinck Publishing Group reported a consolidated revenue of EUR
1,494
million and an organic revenue growth of
4.3%
. "
"Breakout numbers on profitability
have not been
made available by the company."
In 2018, Holtzbrinck "(without Springer Nature) generated
53%
of revenue in North America."
Holtzbrinck holds a majority of "
53%
of Springer Nature. Springer Nature is now one of the world’s leading global research, educational and professional publishers."
"
Macmillan Podcasts
in the U.S. produces audio content for a diverse array of readers and listeners from sci-fi, true crime to literature and self-help."
Simon & Schuster
Simon & Schuster publishes roughly "
2,000
titles annually from more than
35
different imprints. It has publishing and distribution capabilities in the US, Canada, the UK and Australia, as well as an international sales presence in every major market."
Their total corporate revenue was USD
$14,514
million in 2018.
In 2018, the Simon & Schuster segment of CBS Corporation contributed
6%
to consolidated revenues.
They closed financial 2018 with a decrease of
1%
in revenues and accounted for USD
$825
million in revenues.
"The loss primarily reflects lower sales of print and electronic books, partially offset by
20%
growth in digital audio sales. The fastest-growing division at S&S was its
audio group
, where sales gains were well into double digits."
"The sale of digital content in 2018 generated approximately
23%
of Simon & Schuster’s revenues."
"Simon & Schuster expects that digital content will continue to represent a
significant portion
of the publisher's revenues in the coming years."
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