Dow Jones Newswires reported today that "Swedish buyout firm EQT is set to buy Germany's Springer Science and Business Media within the next few days.
Dow Jones & Co. Inc.
Widely regarded as the print industry’s most prestigious event, the 2009 Gold Ink Awards received more than 1,000 entries across 45 competitive categories, including Book Covers, Book Jackets, Books (Fine Editions), Softcover Books, Hardcover Books, Children’s Books, Fine Art Lithography, Cookbooks, to name a few. In all, 132 entries were selected for Gold, Silver or Bronze honors.
Now in its 21st year, the Gold Ink Awards call attention to the print industry’s finest projects. 2008 was no exception, as North American Publishing Co. (NAPCO; parent company of both the Gold Ink Awards and Book Business) received more than 1,400 entries for this year’s competition. As always, a talented team of judges hailing from diverse backgrounds across the industry poured through the submissions, awarding Gold, Silver, Bronze and Pewter honors in 46 categories. In all, 488 entries were selected for awards. Nearly two-dozen judges sorted and sifted through the finest print pieces, submitted by publishers and printers alike, over the course of
A “slow, but steady decline” is how Rhonda Herman, executive vice president at reference publisher McFarland & Co. Inc., characterizes the market for reference books. “We are cautious about sales and will feel lucky if sales remain flat.” The reality of an economic downturn is starting to sink in—McFarland’s volume is flat, Herman says, “but actual income is down 2 percent. The reason for this is that we are experiencing higher than normal overstock returns, which is not surprising in this market.” Both direct and indirect costs are hitting the bottom line at the Jefferson, N.C.-based publisher. Higher fuel costs are forcing up the
The 20th year of the Gold Ink Awards—the industry’s most prestigious print competition—featured some of the storied awards’ most impressive and highest-quality submissions to date. A talented team of judges poured through more than 1,400 entries in this milestone year, awarding Gold, Silver, Bronze and Pewter honors in 46 categories spanning a wide variety of printed products. Printers and publishers submitted their finest pieces, and more than a dozen judges rolled up their sleeves to scrutinize and examine the entries’ each and every detail over four days in May at the Philadelphia headquarters of North American Publishing Co.—parent company of Book Business and Publishing
Last year, retail e-commerce totaled $88 billion, or 2.4 percent of total U.S. retail sales, according to the U.S. Department of Commerce. In the first quarter of this year, U.S. retail e-sales hit $25 billion—2.7 percent of total retail sales for the quarter ($906 billion). And based on the average annual growth rate (in the mid 20-percent range) of the last few years, 2006’s year-end e-commerce totals are likely to top $110 billion. Book publishers in almost every market have launched e-commerce sites to tap the growing potential in e-sales. Major publishers such as Scholastic (ShopScholastic.com), Random House (RandomHouse.com), McGraw-Hill (Books.McGraw-Hill.com), Penguin Group
“Wide open and full of potential” is how Anne Landa, rights and exports manager for Sourcebooks Inc., characterizes the market for licensing international rights. “It is simply about placing the right books with the right people and seeing the whole thing through,” Landa—who works out of her home office in San Diego, Calif.—says about selling licensing rights to publishers around the globe for Sourcebooks. International licensing rights increased 20 percent last year at the Naperville, Ill.-based publisher. Sourcebooks, an independent publisher of more than 900 trade titles, has had books translated into 36 languages and published in 34 countries. Landa says she expects the upward
The one thing that remains constant in the book publishing industry is change. That seems to be the underlying response from book publishing industry leaders interviewed by Book Business magazine in various market segments—trade, educational, professional, scientific, technical and medical, university presses among others. These top executives describe the challenges they foresee in the industry, and their strategies for making the years ahead profitable: • William J. Pesce, president and CEO, John Wiley & Sons Inc. • Lisa Holton, president, Scholastic Trade Books and Book Fairs • Philip Shaw, managing director, Elsevier Science and Technology Books • Eric Beck, vice president of sales and marketing, Continental
From keeping staff motivated to staying out of debt to generating new revenue, the different aspects of publishing management are often difficult in even the best of economic environments. How do publishers survive the ever-changing world of book publishing? BookTech Magazine interviewed several industry leaders to get their tips. Keith Weiskamp is publisher and president of Paraglyph Press Inc. (www.ParaglyphPress.com). He and a partner formed the Scottsdale, Ariz.-based publishing company in mid 2002 from an offshoot of what he describes as a much larger company that ran into financial hardship. Its flagship books are the "Degunking" series started in 2004 with the best-selling title
No region in the world is safe from piracy. That's the conclusion of Patricia Judd, executive director of international copyright enforcement and trade policy at the Association of American Publishers (AAP) in Washington, D.C. "Piracy is a worldwide phenomenon," Judd says. The AAP estimates losses to its members of more than $600 million a year in about 67 markets across the globe. As more book publishers explore their offshore book manufacturing options, foreign book manufacturers are boosting efforts to lure American publishers. It's all in the name of lowering costs. But does this offshore manufacturing activity put publishers at an increased risk of