Revenue

A Conversation with Nigel Fletcher Jones, Director of the American University in Cairo Press
February 19, 2015

As North American university presses struggle with identity, and seek to redefine their place in the publishing ecosystem, I felt that it would be worth exploring the activities, and outlook of the AUC Press through the eyes of its Director, Nigel Fletcher Jones. What can we learn from this publisher, who has ambition, optimism, and a recent track record of significant growth?  

ALPSP Launches Industry Forum With London Book Fair And Publishers Association
February 18, 2015

ALPSP has teamed up with London Book Fair and the Publishers Association to launch of the inaugural Research and Scholarly Publishing Forum.

Developed in collaboration with London Book Fair (LBF), ALPSP and the Publishers Association, Access all Areas: Global Trends in Research and Scholarly Publishing will provide scholarly publishers with the opportunity to hear about the international trends affecting research publishing. The forum will be held at the London Book Fair, at London's Olympia, on 15 April.

Faber Ends FSG Partnership
February 18, 2015

Faber is ending its partnership with American publisher Farrar, Straus and Giroux (FSG) after 17 years, ahead of announcing new plans for its business in the US.

Faber and FSG first partnered in 1998, when Faber sold controlling interest of its Boston-based US subsidiary, Faber and Faber Inc. to FSG. Faber and Faber Inc has since continued as an FSG imprint, run by New York-based publisher Mitzi Angel, publishing a performing arts list alongside literary fiction including Paul Murray's Skippy Dies and Ben Lerner's Folio Prize-shortlisted 10:04.

Why Authors Walk Away From Good, Big 5 Publishers
February 16, 2015

I've been an author for more than fifteen years. My first book came out with HarperCollins in February 2000 and I've been going ever since. (I'm British and the book came out in the UK and elsewhere, though I'm a relative newbie in the US.) Fifteen years might not sound such a long time, but I've already had two literary agents, four publishers, seven editors, and thirteen books-even more if you include things I've worked on as editor or ghost. More to the point, I've witnessed the publishing industry evolve through

In the High-Stakes World of American Education, Pearson Makes Money Even When Results Don’t Measure Up
February 11, 2015

A POLITICO investigation has found that Pearson stands to make tens of millions in taxpayer dollars and cuts in student tuition from deals arranged without competitive bids in states from Florida to Texas. The review also found Pearson's contracts set forth specific performance targets - but don't penalize the company when it fails to meet those standards. And in the higher ed realm, the contracts give Pearson extensive access to personal student data, with few constraints on how it is used.

Books, Digital Real Estate Assets Lift News Corp Results
February 9, 2015

News Corp (NWSA.O), owner of the Wall Street Journal and HarperCollins, reported quarterly revenue and a profit just above analysts' consensus forecast as its book publishing and real estate businesses offset dwindling print revenue.

Total revenue for the second quarter increased 2 percent to $2.28 billion, slightly ahead of the forecast of $2.25 billion, according to Thomson Reuters I/B/E/S.

News Corp's revenue is largely dependent on its newspaper holdings in the United States, Australia and Great Britain.

AAP Reports Trade Revenues Up 3.7% in 2014 (November)
February 4, 2015

The AAP released its monthly Statshot report, and with one month left in the AAP's annual reporting cycle it's safe to say that 2014 was a good year for American trade publishers. The Association of American  Publishers announced today that revenues for trade publishers were up 3.7% in the first 11 months of 2014.  Paperbacks made a surprising resurgence, while ebooks showed solid growth and hardback revenues declined.

The total revenue reported by the 1,209 trade publishers was $6.5 billion, up from $6.3 billion. The adult segment dropped by 1.4% to $4.3 billion

Harper Lee, Author of ‘To Kill a Mockingbird,’ Is to Publish a Second Novel
February 3, 2015

Harper Lee, the reclusive author of the beloved best-selling novel "To Kill a Mockingbird," will publish a second recently discovered novel this summer, her publisher, Harper, announced Tuesday.

The novel, "Go Set a Watchman," was completed in the mid-1950s, and takes place when Scout Finch, the heroine of "To Kill a Mockingbird," is grown up and looking back on her childhood. It features many of the same characters.

In a statement released by her publisher, Ms. Lee, 88, said that she wrote "Go Set a Watchman" first

Whether Print or Digital, A Book’s Form Holds Meaning
February 1, 2015

Whether your prose is "purple" or "beige," engaging storytelling is what shapes our industry. And even the formats in which we publish are languages unto themselves -- conveying information, creating an experience, and ultimately developing a bond with the consumer. But with technology shifting the landscape, it has become necessary for us to respond more quickly, tailor our products, and