Digital Now 30% of Revenue at Hachette

Hachette revealed more data about its 2013 fiscal year in an email to press:

HBG profit “was significantly higher than 2012, thanks to several bestsellers,” states Lagardère’s press release.  CEO Michael Pietsch said, “following a challenging 2012, 2013 was a strong year for HBG, with 6% growth in net sales and higher growth in profit.”  HBG’s digital sales were up 33% over the prior year, and represent 30% of the company’s overall sales.  HBG broke its bestseller record in 2013, with 206 print and 84 ebook titles on the New York Times bestseller list, including 52 #1 bestsellers. The major releases driving the company’s sales for 2013 include THE CUCKOO’S CALLING by Robert Galbraith (J.K. Rowling), THE LONGEST RIDE by Nicholas Sparks, ALEX CROSS, RUN by James Patterson and David Ellis, DAVID AND GOLIATH by Malcolm Gladwell, THE HIT by David Baldacci, THE GOLDFINCH by Donna Tartt, and I AM MALALA by Malala Yousafzai.

6 thoughts on “Digital Now 30% of Revenue at Hachette

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  3. Barry Morten

    This highlights just how important technology is becoming in the world of publishing. There is a lot that can be done with the digital medium in order to generate further interest. With regards to ebook content, there are some really inspired ways to utilize the electronic formatting in order to revolutionize publishing. For instance, the WHY Code (http://whycode.com/) is focused on capturing the answers to the fundamental learning questions of a reader, automatically indexing and publishing information from a text in this format. This enables people to understand information far faster than under conventional methods of knowledge publishing.

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  5. Pingback: Digital Revenue up 33% at Hachette US, Now 30% of Total Revenue - The Digital Reader

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