July 26th, 2023
Improved Productivity is the Reason Publishers Must Adopt AI
Yesterday Lagardère Publishing released its six-month financial data. Sales declined at Hachette Book Group by 8.6%. In its earnings release the company said that “operational efficiency plans, particularly in the United States,” mitigated some of the impact of revenue declines. In May, HarperCollins reported flat sales and profits declines, “driven by ongoing supply chain, inventory…