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Press Release: Amazon Announces Winner of the Third Indie Literary Prize for Spanish-Language
November 14, 2016 at 11:57 am

SEATTLE — November 10, 2016 — (NASDAQ:AMZN)—Amazon today announced that Ana Ballabriga and David Zaplana, with their title Ningún Escocés Verdadero—a thriller that involves religion, mystery, art and deception—have won the Third Indie Literary Prize for Spanish-language authors worldwide. From July 1 to August 31, more than 1,400 authors from 39 countries entered the contest…

Canada's Access Copyright Predicts 55% Royalty Drop in 2017
November 14, 2016 at 11:47 am

Canadian national organisation Access Copyright is warning creators and publishers that 2017 royalties could fall by as much as 55% due to a reduction in revenue from the educational sector. Access Copyright represents tens of thousands of Canadian writers, visual artists and publishers and their works, to license the copying of content to educational institutions, businesses and governments, among others.

Houghton Mifflin Harcourt Sales Declined 7% in Q3 2016
November 11, 2016 at 10:00 am

Houghton Mifflin Harcourt's interim CEO Gordon Crovitz expressed his disappointment last week in the education publisher's poor Q3 performance. The quarterly results revealed a 7% drop in sales and a 31% decline in net income compared to Q3 2015. Crovitz said in a recent press release that his attention is now set squarely on growth:…

Harry Potter Spurs Growth at Hachette While Ebooks Decline
November 10, 2016 at 2:19 pm

Today Lagardère, the parent company of the Hachette Book Group, released its third quarter finances for 2016. The U.S.-based Hachette Book Group saw a 12.9% revenue gain thanks to the positive reception of Harry Potter and the Cursed Child. Hachette U.K. revenue was up 30.1%, again due to the release of the latest Harry Potter…

Five Skills Everyone in Publishing Needs Now
November 10, 2016 at 12:30 pm

The world of work is changing rapidly, and the demands being placed on everyone in this digital age are far greater. As an HR director, the ‘war for talent’ never disappeared; in fact it is still vitally important that we are clear on how to drive high performance…

Hachette Book Group Sees Revenue Up Over 12% in Q3
November 10, 2016

The 12.9% gain in the quarter at HBG USA excludes results from the Perseus publishing group, which Hachette bought in March. HBG CEO Michael Pietsch said the purchase had a "sizable" and "positive" impact on the house's top line.

Indigo Sales Rise 5.4%
November 10, 2016

With revenue up 5.4% in the quarter ended Oct. 1, 2016 over the same period a year ago, Indigo CEO Heather Reisman said she is feeling confident about prospects for the holiday season.

What the Kids Are Reading: The Booming Business of Children's Graphic Novels and Comics
November 9, 2016 at 12:46 pm

Kids’ publishing folks, comic book enthusiasts, and members of the Children’s Book Council gathered at the CBC’s Manhattan headquarters on November 4, for a panel discussion on the changing market for children’s comics and graphic novels. The speakers were Gina Gagliano, publicist, First Second Books; Terence Irvins, assistant manager, comics and graphic novels buyer, Kinokuniya…

3 Marketing Success Stories from the Publishing Trenches
November 8, 2016 at 3:10 pm

Every publisher represents a storehouse of interesting content that can be used to attract readers, capture email subscribers, and increase book sales. In past articles, I’ve written about these concepts and reasons why publishers should invest in inexpensive digital marketing tactics. Free content attracts readers who become email subscribers. Those email subscribers can be converted…

Penguin Random House Rules the Children's Book Market
November 8, 2016 at 12:26 pm

It comes as no surprise that Penguin Random House—the country’s largest trade publisher—is also the biggest children’s book publisher. But the size of the gap between PRH and second-place HarperCollins might raise a few eyebrows. According to data released by Nielsen BookScan at its October 27 Children’s…

12 Ways to Find Potential Buyers for Non-Bookstore Sales
November 4, 2016 at 1:13 pm

Publishers limit their book sales when they see bookstores — bricks and/or clicks — as the only place through which to sell their books. If you want to sell 10,000 books through any retailer, you must get 10,000 people to go there and buy one. But if you want to sell 10,000 books in non-retail…

Industry Stocks: October 2016 Performances
November 4, 2016 at 1:00 am

CBS, parent company of Simon & Schuster, was the only company on the Publishers Weekly Stock Index to have an increase in its stock price in October.

Trade Unit Bright Spot for HMH
November 3, 2016 at 1:00 am

Sales in Houghton Mifflin Harcourt's trade division rose 5.9% in the the third quarter ended September 30, 2016 compared to a year ago. With sales in the education group down, total revenue at HMH dropped 7% in the quarter.

Sales, Earnings Rise at S&S in Q3
November 3, 2016 at 1:00 am

Revenue increased 11% in the third quarter of 2016 at Simon & Schuster, while and earnings rose by $1 million, to $44 million.

Publishers & Printers Team Up to Streamline Digital Printing
November 2, 2016 at 1:24 pm

As publishers increase their investment in digital printing, the need to more deeply collaborate with printing partners becomes imperative. Digital printing enables publishers to print shorter book runs and more accurately meet consumer demand. But that also means more frequent transactions with book manufacturers and a need for better order management. On top of that,…

Amazon Charges Non-Prime Members More at Physical Bookstores, Hinting at New Retail Strategy
November 2, 2016 at 10:55 am

Cashiers at Amazon’s physical bookstores now ask each customer the same question: Are you a Prime member? That’s because Amazon recently implemented a new pricing structure at its bookstores that could signal a broader strategy for the company’s brick-and-mortar retail expansion. At the Amazon bookstore in Seattle’s University Village, Prime members who pay $99 for an annual membership…

Revisiting: Why Publishers’ Brands Matter
November 1, 2016 at 12:17 pm

Publishers’ brands are under attack from all sides. We hear, for example, about the “article economy” and the strongly held view that publishers add no value to the process of editorial development and the dissemination of materials. In the book world, the argument is that no…

Simon & Schuster Latches onto Podcast Trend With Launch of "Paper Donkey"
October 31, 2016 at 12:37 pm

Last week Simon & Schuster announced a new podcast created in partnership with CBS Radio's podcast network. The podcast "Paper Donkey" will feature interviews with famous editors and authors about how books are created and how editors help bring authors' vision to life. “We want to give people the chance to eavesdrop on the…

Change at the Copyright Office
October 31, 2016 at 11:22 am

New Librarian of Congress Carla Hayden made her first big move last week, ousting Register of Copyrights Maria Pallante. In an October 21 memo, Hayden abruptly removed Pallante from the Copyright Office, which falls under Hayden’s purview, and reassigned her to a senior advisor position at the Library of Congress. Pallante, however, declined the new…