Barnes & Noble Reports Revenue Down 3% for the Year, Nook Revenue Down 17% - The Digital Reader

Panzer was tootling around in the Catosphere when he decided to stop in at The Digital Reader site. With hardly any digging at all our speedy kitty boy found a post about Barnes and Noble.

According to The Digital Reader site owner Nate Hoffelder's post, Barnes and Noble announced the company's sales and revenue for the just ended fiscal year. This fiscal year's total sales declined over the previous year by 3 percent. Nook revenue made the biggest decline at 17 percent. The exact sales and revenue figures are included in the post.

What will happen to the Nook?

Panzer says, "This little kitty doesn't know if Barnes and Noble's new owner will want to continue the Nook."

Note: This is a short post. Bring a cup of tea for today's reading selection.

To read the post tootle over to Barnes and Noble

Indigo Posts Fiscal 2019 Loss - Publishers Weekly

Today, Panzer made a quick trip to the Publishers Weekly site. With a little digging in the posts there he discovered one about Indigo Books and Music.

I'll watch them this year.

According to Publishers Weekly's Jim Milliot, Canada's Indigo Books and Music just reported their 2019 sales. Indigo's fiscal 2019 year ended on March 30 2019. The fiscal report shows sales were down 3 percent against fiscal 2018 sales. The company says store renovations, closures and other operating expenses contributed to the lower sales figure.

Panzer says, "Hmm ... One bad year doesn't mean anything as long as it doesn't continue into this year."

Note: This is a long-short post. Bring a cup of tea and half a muffin for today's reading selection.

To read the post tootle over to Indigo

HarperCollins Gets Global and Physical - Publishers Weekly

Panzer was tootling around in the Catosphere when he decided to make a stop at the Publishers Weekly site. With a little digging around our kitty pilot found a post about HarperCollins' financial reports.

According to the post by Jim Milliot, HarperCollins' (HC) fiscal year ended on June 30, 2017. HC reported a $10 million decline in sales. Although the company reported a decline in ebook sales, there were gains in both print book sales and audio book sales. These were enough for the company to show a 7.5 percent increase over the 2016 fiscal year. HC reports it plans to expand the company's global book sales in the coming year.

I've got a lot to think about after my nap.

Panzer says, "Hmm ... Ebook sales down ... Audio book sales up ... Maybe this little kitty needs to look into that market."

Note: This is a medium size post. Bring a cup of tea and two muffins for today's reading selection.

To read the post tootle over to HarperCollins