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Copyright After Brexit
September 21, 2016 at 11:40 am

To Beijing, a place usually associated with smog and mystery. But after a suffocating European summer, this year’s Beijing International Book Fair provided a breath of fresh air. For after the Brexit vote and the ruthless turmoil that accompanied it came an opportunity to get back to what we do best, namely sell rights, strike…

Trade Book Sales Down in Q1 of 2016
September 20, 2016 at 1:00 am

According to figures released by the AAP's StatShot program, sales of adult books fell 10.3% and sales of children's/YA titles fell 2.1%, compared to the same period last year.

The Reality of Publishing Economics Has Changed for the Big Players
September 19, 2016 at 2:30 pm

A veteran agent who was formerly a publisher confirmed a point for me about how trade publishing has changed over the past two decades, particularly for the big houses. This challenges a fundamental tenet of my father’s understanding of the business. (And that’s the still the source of most of mine.) I had long suspected…

How Much Does Scholarly Publishing Cost?
September 9, 2016 at 2:50 pm

The Journal of Electronic Publishing (JEP) has a very good issue out now on publishing economics, which I recommend to everyone. (The issue is labelled “Volume 19, No. 1: Economics of Publishing,” a useful atavism.) There are a number of good articles here, including the very well-written introduction by the editor, Maria Bonn.  I looked…

A Rough Six Months for Big Book Publishers
September 9, 2016 at 2:34 pm

The trade publishing segment has been operating in a low-growth environment for several years, and that trend appears to have continued into 2016. Financial reports for the first half of 2016 from five major publishers showed that none of the companies had a sales increase in the first half of the year; HarperCollins had the…

Barnes & Noble Reports 6.6% Drop in Sales in Q1 2017
September 9, 2016 at 9:25 am

Barnes & Noble has not started fiscal 2017 on the right foot. The bookstore chain announced its 2017 Q1 earning yesterday, reporting a 6.6% drop in sales and 6.1% decline in revenue. The press release stated that sales were below expectations and that B&N experienced a net loss of $14.4 million in Q1 2017, compared…

Press Release: Rodale Inc. to Launch Rodale Kids Imprint in Fall 2017
September 8, 2016 at 12:47 pm

NEW YORK, N.Y. — September 8, 2016 — Rodale Inc., the world’s leading healthy, happy living company, has announced the launch of the new imprint Rodale Kids. The first list will be introduced in Fall 2017 and will feature fun and entertaining, educational, and empowering fiction and nonfiction titles aimed at infants through teens. Said…

Sales at B&N Down Over 6% in Q1
September 8, 2016 at 1:00 am

In its first earnings release since firing CEO Ron Boire last month, Barnes & Noble reported that sales fell 6.6% in its first quarter of 2017, which ended July 30.

German Publisher dtv Launches New Service for Book Clubs
September 7, 2016 at 2:33 pm

In the ongoing quest to reach new readers and promote customer loyalty, German publisher dtv has come up with a new online portal aimed at book clubs: The Lesekreis-Portal (Book Club Portal). With this service, dtv offers additional content and supplemental material about their books aimed specifically at book clubs. Available as a PDF download…

Wiley's Education Business Continues Decline; Bright Spots in Journals and Professional Development
September 7, 2016 at 12:16 pm

Today education, journal, and professional publisher John Wiley & Sons released its Q1 results for the 2017 fiscal year. While the publisher experienced growth in its journal and professional development businesses, its education division saw significant revenue declines, thanks to low-performing textbooks. Wiley’s overall revenue decreased 4% from Q1 2016, declining from $423 million to…

Have a Story to Tell? Your Personal Memoirist Is Here
September 2, 2016 at 11:07 am

Isaac Ehrlich, 74, wanted his children and future generations to know the story of his mother, Sonia. Her life story is woven through the tragedies of the 20th century. She lost 40 relatives in the Holocaust. She was shipped to Siberia from Poland. She eventually found her way to Riverdale, in the Bronx, where she…

Keeping the Faith: Publisher Agnostic Content
September 1, 2016 at 12:34 pm

Be it tweets, blog posts, or marketing materials, content produced by book publishers is traditionally about the books they publish. But that’s not always the case. Some publishers are hosting blogs with “publisher agnostic” content, meaning the site will feature books and authors they don’t publish. In fact, some of these websites all but obscure…

Sales, Earnings Fell by Double-Digits at PRH
September 1, 2016 at 12:27 pm

Sales and earnings at Penguin Random House both fell by more than 10% in the first half of 2016 compared to the same period in 2015. PRH parent company Bertelsmann reported that revenue at the trade publisher fell 10.7% in the first six months of 2016, to 1.52 billion euros, while EBITDA (earnings before taxes,…

"Pride and Prejudice and Zombies" Author Sued by Publisher
August 31, 2016 at 2:03 pm

Pride and Prejudice and Zombies author Seth Grahame-Smith is being sued by his publisher for delivering a manuscript that Hachette claims is “an appropriation of a 120-year-old public-domain work”. Grahame-Smith, who unleashed the zombie mashup on the world with the surprise 2009 hit Pride and Prejudice and Zombies, and went on to write the bestseller…

eMusic Launches Audiobook Subscription Service
August 23, 2016 at 11:38 am

When Tamir Koch, CEO of TriPlay, bought eMusic last fall, he acknowledged that he was primarily interested in looking to marry eMusic’s song library with TriPlay’s cloud service. He knew that eMusic also owned a digital audiobook business, but he didn’t anticipate that developing a new downloadable audio service would be a priority. After looking…

Curation Nation: Thoughts on the Future of Textbooks
August 15, 2016 at 11:27 am

Of late, much of my time (and that of others) has been spent thinking through the evolution of ebooks. Yesterday, a colleague I work with, Peter Krautzberger — who heads up the MathJax initiative — pointed me to an informative, if poorly written, post by Robin Good. It was entitled Textbooks Show Aging Signs: Curated…

It's a Small World After All: How Book Publishers & Authors Can Protect Their Rights Abroad
August 11, 2016 at 1:48 pm

Marshall McLuhan, the famous social scientist, told us more than 50 years ago that newer and more powerful means of communication have turned the world into a "global village," something that brings people together at one level, but at another level, complicates social relationships. A bigger, worldwide, audience increases the number of people who might…

Press Release: Bonnier Publishing Prepares for Further Growth in the US
August 10, 2016 at 3:08 pm

NEW YORK — August 8, 2016 — Bonnier Publishing, the English-language book-publishing arm of Bonnier AB, today announces the formation of Bonnier Publishing USA as part of an ambitious program for growth led by Group CEO, Richard Johnson. The new division will bring together Bonnier Publishing’s imprints in the USA: start-up publisher Little Bee Books…

Retail Sales Up Despite Brexit
August 10, 2016 at 12:46 pm

Retail sales are holding up after the UK’s decision to leave the EU, figures have revealed today. Total high street sales increased by 1.9% in July in comparison to the year before, according to the British Retail Consortium (BRC) and KMPG’s latest survey, while like-for-like sales were up by 1.1%.