‘UltraRunning’ Magazine Acquired By Steep Life Media (mediapost.com)

Fourth quarter GAAP net income decreased 36% to $433 million and GAAP diluted earnings per share decreased 52% to $1.33 driven by continued declines in Ratings revenue and amortization of acquired intangibles. For the full year, reported revenue increased 35% to $11.18 billion. 2022 GAAP net income increased 7% to $3.25 billion and GAAP diluted earnings per share decreased 18% to $10.20.

Sales at the Hachette Book Group rose 2.7% last year, parent company Lagardere reported. The increase was attributed in part to contributions from Perseus (where You Are a Badass sold over 648,000 print copies) and its Nashville-based imprints (where The Shack had strong sales). HBG also benefited from a full year ownership of Perseus, which it acquired at the end of March in 2016. Earlier this year. Lagardere reported that total revenue in the publishing group was €2.29 billion, up 1.1% over 2016. In its release Thursday, the company said EBIT (earnings before interest and taxes) rose 1.0%, to €210 million. Similar to the sales gain, Lagardere said the profit improvement was "mainly attributable to a strong performance in the United States," driven by "successful releases" as well as continued profitability gains from the consolidation of Perseus. Click Read More below for additional information.

The Association of American Publishers (AAP) today released its StatShot report for April 2020 reflecting reported revenue for all tracked categories, including Trade (consumer publications), K-12 Instructional Materials, Higher Education Course Materials, Professional Publishing, and University Presses. Total sales across all categories for April 2020 declined 3.5% as compared to April 2019, reaching $783.9 million. Year-to-date sales were flat with an increase of 0.7%, totaling $3.4 billion for the first four months of 2020. Trade sales were down 6.6% as compared to April of 2019, coming in at $548.8 million. Year-to-date Trade sales were flat at +0.5%, totaling $2.2 billion for the first four months of the year.