11-14-2014, 07:16 PM
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#33
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Grand Sorcerer
Posts: 11,732
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Join Date: May 2009
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From PW:
http://www.publishersweekly.com/#pat...d-quarter.html
Quote:
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Third quarter sales at Hachette Book Group USA fell 18.5% in the period ended September 30, 2014 compared to the third quarter of 2013, parent company Lagardere reported. The decline was attributed to difficult comparisons with last year when the company had an “unusually high” number of bestsellers led by The Longest Ride, Lagardere said. The “difficult situation” with Amazon also impacted sales and some titles were delayed because of scheduling issues, Lagardere said.
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Money quote:
Quote:
Pietsch noted that the agreement with Amazon “will be a wonderful boost to the end of the year.”
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