Revenue

Focus on Independent Publishers: PMA Executive Director Terry Nathan talks about challenges facing this segment, including Amazon’s new POD policy.
May 9, 2008

When Amazon.com issued a statement at the end of March to announce a new policy requiring all print-on-demand (POD) titles sold on its Web site to be printed through its BookSurge subsidiary, the industry reacted quickly. PMA, the Independent Book Publishers Association, like several other industry trade associations, issued a statement last month condemning the action as one that hurts publishers by creating a monopoly for POD. The group represents more than 4,000 independent publishers. PMA Executive Director Terry Nathan spoke with Book Business Extra about Amazon’s new policy, as well as other challenges facing independent publishers. Book Business Extra: How

SPECIAL REPORT: The Transforming Booksellers’ Landscape
May 1, 2008

The biggest news in book retailing so far this year may be Borders’ opening its first “concept store,” a new generation of superstores unveiled in February in the company’s hometown of Ann Arbor, Mich. At 28,900 square feet, the new store—the first of 14 planned to open this year—does not skimp on size, and a lot of that space is taken up by innovative features: shop-within-a-shop “destination zones” for travel, cooking, wellness, graphic novels and children’s categories; bold, new architectural designs; and a “digital center” offering services ranging from book downloading to self-publishing. “Our mission is to be a headquarters for knowledge

Business Strategy: How to Evaluate New Software Systems for Your Organization
May 1, 2008

Publishing companies of all sizes often spend significant time and money on software service contracts and IT training, assuming that their current systems—whatever they are—will continue to support not only back-office functionality, but editorial, marketing, sales, production, warehousing and e-commerce functionality as well. In the best of all worlds, they will. But at what cost? Many companies augment their formal systems and databases with home-grown databases, especially lists of various types held in multiple Excel worksheets belonging to multiple staff members. In most cases, these subterranean databases are unknown to other staffers, even though the databases may be posted to a company

Launch Pad: Crashing a Marketing Campaign
May 1, 2008

Who is God? What is worth fighting or dying for? Can different religions coexist? These were just a few of the questions that French filmmakers Jules and Gédéon Naudet set out to answer in meeting with some of the world’s most revered spiritual leaders for their television documentary “In God’s Name,” which aired on CBS in December 2007. The Naudets garnered worldwide recognition in 2002 for their documentary “9/11”—recipient of that year’s Emmy for Best Documentary and a result of their own experiences in Lower Manhattan on Sept. 11, 2001. In the several years that followed Sept. 11., the Naudets began to question

The Corner Office: He Did It
May 1, 2008

One year ago, New York-based Beaufort Books was a small, independent, relatively unknown publisher working to reinvent itself after years of inactivity. By summer, it was caught in the middle of the media firestorm that is O.J. Simpson—catapulted to national recognition and the top of the New York Times Best-Seller List. Its newfound notoriety came in the immediate wake of the announcement that Beaufort would be doing what HarperCollins—and, it was rumored, all of the other major publishing houses—would not. Beaufort would publish the book “If I Did It,” the ghostwritten account of how Simpson would have murdered his ex-wife Nicole Brown Simpson and

Robert S. Miller Joins HarperCollins to Lead New Publishing Program
April 11, 2008

HarperCollins Publishers has signed Robert S. Miller, the founding publisher of Hyperion Books, to develop and launch a new global publishing program based on a nontraditional business model. Miller will start in his new position on Monday, April 14, at the London Book Fair. He will report directly to HarperCollins President and CEO Jane Friedman. Miller will serve as president and publisher of the yet-to-be-named program, which will publish approximately 25 popular-priced books per year in multiple physical and digital formats. According to HarperCollins, the program will aim to combine the best practices of trade publishing while taking advantage of the Internet for sales,

Adapting to the Digital Age: A Q&A with Association of American Publishers President and CEO Patricia S. Schroeder
April 11, 2008

After serving for more than three decades as a member of the U.S. House of Representatives from Colorado, Patricia S. Schroeder stepped away from public service and shifted her focus to the world of book publishing. Since assuming the position of president and CEO of the Washington D.C.- and New York-based Association of American Publishers (AAP)—the book publishing industry’s national trade association currently representing close to 300 U.S. publishers—the former Congresswoman has continued to remain a visible figure as she works in the interest of book publishers across the country. Schroeder recently spoke with Book Business Extra about how the business of book publishing

Corner Office: The Power of ‘One’
March 1, 2008

In a recent issue of Book Business, Christian publisher Thomas Nelson Inc. was cited as “the most radical example” of a growing trend toward internal consolidation in the book publishing industry (“Embracing the ‘Kindle Effect,’ ” February 2008). The article was referring to the Nashville, Tenn.-based company’s announcement in April 2007 that it was eliminating all 21 of its imprints, and reorganizing its publishing functions around consumer categories—a corporate restructuring it termed the “One Company” initiative. Michael S. Hyatt, president and chief executive officer of Thomas Nelson, spoke with Book Business about the goals behind the One Company initiative, the impact the

Web 2.0 For Dummies
March 1, 2008

In the course of its history, John Wiley and Sons Inc. has seen 40 presidents come and go. Forty U.S. presidents, that is, in the span of more than 200 years in the publishing business. From humble beginnings in a print shop in Lower Manhattan, through eras of momentous change and extreme economic ups and downs, the company has stuck by its core principles: building relationships and meeting customer needs. “The overarching goal for us is not about books and journals or the Web, it’s about promoting knowledge and understanding, continuously adapting to change, and meeting the needs of the customer,” says William

Secrets of the ‘Best Book Publishing Company to Work For’: A Q&A with Hays Steilberg, Random House Vice President and Director of Human Resources
February 15, 2008

As vice president and director of human resources of the world’s largest book publisher, Random House’s Hays Steilberg knows a thing or two about creating a great workplace. The company recently ranked No. 1 in Book Business’ “Best Book Publishing Companies to Work For” survey (Book Business, October 2007). Steilberg will speak in-depth on what makes for a great workplace when he serves as a panelist at the Publishing Business Conference & Expo (www.PublishingBusiness.com) March 10-12 in New York City. Here, he gives Book Business Extra a preview of his take on how to attract and retain top talent, and create a happier,