How to Rebuild a Publishing Business

Three announcements made by three publishing businesses over the past week show how companies that have been at the coalface of traditional publishing for sometime are looking at remodelling themselves.

First up was Canongate, the independent publisher run by the charismatic and well-connected Jamie Byng, which announced that it was to spin-off its fledging events business Letters Live into a separate company, jointly owned by Canongate and Benedict Cumberbatch's production business SunnyMarch.