Finance

Allen & Unwin Acquires Murdoch Books
October 3, 2012

Allen & Unwin and Murdoch Books are pleased to announce the sale of Murdoch Books to Allen & Unwin. Murdoch Books is a leading independent Australian publisher of high-quality, illustrated non-fiction books, with a traditional focus on the food, leisure and lifestyle categories. Murdoch Books has been publishing successfully in Australia and internationally since 1991. They have offices in Sydney and Longon. Their distinguished authors include Peter Evans, Tessa Kiros, Luke Nguyen, Neil Perry and Adriano Zumbo. Murdoch Books is the publishing partner for marie claire Australia.

UPDATED Dumped by Amazon, Unglue.it chooses Stripe as new payment processor
October 3, 2012

A few weeks ago, crowdfunding platform Unglue.it announced the release of its first ebook: “Oral Literature in Africa” via the U.K.’s Open Book Publishers. Its return to “print” after more than a decade is cause for celebration. More good books in the public domain is a good thing. This is the raison d’etre of Unglue.it, a small company that seeks to reward rights holders who make their works available as ebooks under creative commons licenses and without DRM.

The Inevitable Lena Dunham Book Proposal
October 2, 2012

It had to happen. Lena Dunham, creator and star of HBO’s Girls, New Yorker contributor, frequent panel participant and Oberlin grad, is shopping a book proposal, the Post reports.

Although a source told the Post that the book, tentatively titled Not That Kind of Girl, is slated to go for a minimum of $1 million dollars, it’s not all about money. It’s about being unique and interesting.

Penguin suing prominent writers
September 26, 2012

The Smoking Gun reports that New York publisher Penguin Group is suing a host of well-known authors, claiming that they “failed to deliver books for which they received hefty contractual advances.”

ALA’s gripes to publishers dance around the e-library world’s Problem #1—not enough money for e-books
September 25, 2012

I’m still borrowing e-books from public libraries. I loved the digital edition of the late Louis Auchincloss’s memoirs that popped up when I was browsing the electronic stacks of a library system near me here in Northern Virginia.

Public libraries at their best can be Serendipity Central.

But I rely much less these days on library books than before. Too often, some major e-books are AWOL from library collections or, as documented earlier this year by the Washington Post, have long waiting lists.

Will Amazon open physical stores to sell Kindles, Kindle Fire tablets?
September 24, 2012

Late last week Wal-Mart announced that it will no longer sell the Amazon Kindle and Kinde Fire in its stores, joining Target in in rejecting the devices. While the argument could be made that the razor-thin margins on those products contributed to that decision, the real reason is clearer: Amazon's tablets are a gateway to easy ordering from Amazon.com, which means fewer sales for Target and Wal-Mart.

Monica Lewinsky Sells ‘Revenge’ Book For $12M, Reportedly Needed The Cash
September 21, 2012

Monica Lewinsky has reportedly sold her tell-all “revenge” autobiography, which is thought to center heavily on the scandal with then-President Bill Clinton and how the resulting fallout has affected her life, to an unnamed publisher for a previously rumored $12M pay day. If you kind-of sort-of think you remember hearing a story like this over a decade ago, you are correct! Lewinsky previously collaborated with Andrew Morton in 1999. The new book is allegedly a “reboot” of the same old stuff.

Apple, publishers propose settlement in Europe e-book antitrust case
September 19, 2012

Apple and four publishing companies have offered to settle with the European Commission over antitrust allegations relating to the e-book market.

Apple, Hachette, HarperCollins, Holtzbrinck and Simon & Schuster have all proposed measures to "alleviate concerns that these companies may have engaged in an anti-competitive concerted practice affecting the sale of e-books", the Commission said.

 

UK Ebook Sales Soar but Physical Book Sales Unaffected
September 18, 2012

For the first half of 2012, digital fiction sales value was up 188 percent compared with the sales figures from the same period last year. Children's books and non-fiction books also saw major growth in the digital market, rising 171 percent and 128 percent respectively.

For the same period, physical book sales value fell by just 0.4 percent. These numbers are annoucned just as Fifty Shades of Grey enjoys incredible popularity in ebook format and bookseller Waterstones secured a partnership with Kindle ebook readers.

States' ebook settlement: Preliminary approval, and a 2013 hearing
September 17, 2012

A judge has preliminarily approved the states’ $69 million ebook pricing settlement with publishers, but consumers won’t receive any payments until after a hearing is held in February 2013. Payments would range between $0.25 and $1.32 per ebook.
states, u.s. states, map, united statesphoto: Shutterstock   

Federal district judge Denise Cote has preliminarily approved (PDF) the states’ $69 million ebook pricing settlement with Hachette, HarperCollins and Simon & Schuster.