Revenue

How the Best Companies Were Selected
November 1, 2008

The "Best Book Publishing Companies to Work For" is a project conducted by Book Business in conjunction with the Best Companies Group, an independent research firm that specializes in finding and recognizing great places to work. The study was free and open to all public and privately held organizations, either for-profit or nonprofit. To be eligible, companies had to be book publishing companies that have been in business for at least one year and are based in the United States, with a minimum of 15 employees.

Why do They Love Going to Work?
November 1, 2008

Average number of years the highest-ranking official has been in office: 15.7 89% offer performance bonus or incentive programs to all employees 70% offer telecommuting options 70% offer the option to work compressed work weeks 70% provide an Employee Assistance Program, which offers counseling to employees on a range of issues, such as stress management, family or parenting issues, smoking cessation, elder-care issues, financial management, etc. 70% have on-site facilities that promote exercise and fitness 60% offer on-site fitness/wellness programs 40% pay all or part of employees' costs for health-club memberships or fitness/wellness programs 80% provide cafeteria or meal subsidies, free daily snacks or beverages (a few even provide free cafeteria meals) 50% provide adoption assistance, usually in the form of reimbursement for adoption-related expenses, up to $2,500-$5,000 80% provide domestic partner benefits 90% offer tuition reimbursement (a couple pay 100%)But it isn't all about benefits.

What's So Hot About Hachette?
November 1, 2008

"I think publishing is the greatest team sport invented," says David Young, chairman and CEO of Hachette Book Group (HBG). "We work hard to have fun and celebrate success, and deal with problems as a team. That's what we try [to] foster here."

Teamwork: To Young and others at Hachette, it's much more than just a vague notion. It's a guiding philosophy, a strategy cultivated during difficult, transitional times, and one that has helped the company grow. It's also one of the main reasons Hachette has been selected as this year's "Best Book Publishing Company to Work For."

It's All in the Packaging
November 1, 2008

Durham, N.C.-based Duke University Press (DUP) is hoping to reverse the trend of declining hardcover-book sales to libraries by offering those libraries its full list—approximately 100 new scholarly titles per year and a backlist of over 900 titles—electronically on Ebrary (ebrary.com). By purchasing through Ebrary a subscription to DUP's list, called the e-Duke Books Scholarly Collection, an unlimited number of simultaneous users at the subscribing library can access the content and utilize Ebrary's searching, navigating, archiving and other research tools.

Frankfurt Book Fair Draws Record-Breaking Numbers
October 24, 2008

This year’s Frankfurt Book Fair was held Oct. 15-19 in Frankfurt, Germany, and drew 299,112 attendees. That number represented a 5.6-percent increase over last year, and also set a record since the fair moved to five days from six in 2004. The event, which celebrated its 60th anniversary, also featured a total of 7,373 exhibitors from 100 countries. “Digitization draws people to Frankfurt,” says Juergen Boos, book fair director, in response to the record-breaking attendance. “One of the main reasons for the increase in trade visitors is the need for guidance with regards to the new business models and fields of business which digitization

The Importance of Finding Your Niche: A Q&A with publishing veteran Richard E. Abel
October 24, 2008

Richard E. Abel is a publishing renaissance man. From establishing publishing companies and owning his own bookstore to founding a book marketing and distribution company and writing his own works, Abel has had his hand in nearly every area of publishing. At age 83, time has not put a dent in his passion for the industry, even after his cardiologist’s advice to slow down after his third heart attack led him to sell Timber Press, the Portland-based horticultural niche publishing house that he started 30 years ago. Abel will receive the Publishers Association of the West’s Jack D. Rittenhouse Award at the organization’s

Flat World Knowledge Secures $700,000 in Funding
October 24, 2008

Startup publisher Flat World Knowledge has secured $700,000 in new funding from independent investors, bringing its total funding to date to $1.4 million. The company, which was launched in August by textbook-publishing veterans Jeff Shelstad and Eric Frank, publishes free, open-source college textbooks online, with the option to purchase alternate formats of its content, including print and audio, and other study aids. Shelstad, who serves as chief executive officer of Flat World Knowledge, says he was “pleased” with the amount of funding raised. “Our investors recognize that higher education is one of the few markets that actually benefits from recessionary economic environments,” he says.

Investing Millions: Merriam-Webster’s John Morse on why the costly “Advanced Learner’s English Dictionary” will pay off.
October 10, 2008

Merriam-Webster’s President and Publisher John Morse likes to think of the reference giant not just as a publisher, but as an information provider. “You have to know that your core competency is your ability to develop new content for which there is [a] clear and present need,” he says of the company, which he has led for more than a decade. One of Merriam-Webster’s latest endeavors in developing new content is the recent introduction of its “Advanced Learner’s English Dictionary”—an entirely new dictionary created by Merriam-Webster’s editorial staff, and the first advanced learner’s dictionary from an American publisher. The 1,994-page dictionary features in-depth coverage

Digital Directions: Does Design Matter in Digital Distribution?
October 1, 2008

An important characteristic of digital content is its ability to deliver to multiple platforms simultaneously—to print, Web and mobile channels. Invariably, the same content will look different when viewed on various output devices, and it should. Each device has its own display characteristics, and the design of the presentation should be optimized for that device. I can hear the groans from publishers already. Reach for the ibuprofen now, because it gets worse: Content also varies within the same delivery medium. For example, content may be syndicated on the Web to multiple delivery partners, whose respective delivery models require alterations to the design. Even large-print

Vying for Attention
October 1, 2008

Children are pulled in many directions today; at least, their attention is. They are occupied by MP3 players, gaming systems, computers, cell phones, handheld electronic games and other digital technologies. And yes, children still play old-fashioned board games. They also attend school, compete in team sports, and participate in community and extracurricular activities. With all of these outlets occupying children’s time, how are books faring? With an estimated 40,000 to 60,000 new children’s titles released each year, children’s book publishers are concerned with how their books can compete for young readers’ attention with the thousands of titles already in the market, according to Ron