The ebook will overtake the paperback and hardback as Britons' preferred format for reading their favourite novels by 2018, according to a report. The UK consumer ebook market - which excludes professional and educational books - is forecast to almost triple from £380m to £1bn over the next four years.
Over the same period, accounting group PwC predicts that sales of printed editions will fall by more than a third to £912m as the UK population's reading habits become dominated by tablets, with 50% of the country expected to own an iPad
Publishers from Bloomsbury, Faber, Penguin Press, and more choose their books of the year, and the ones that got away.
The book that made my year: Many years ago, I was sitting in Blake's bar in Enniskillen with John McGahern and he recommended an American novel from the 60s, written by John Williams: a book called Stoner. I thought it was astonishing, and I passed it to vintage, who brought it out in 2003 with John's introduction.
Strong financial performance at the UK's Bloomsbury Publishing shows both the contribution of ebooks to overall profits and sales at one typical modern publishing house, and the way in which the industry as a whole has evolved and adjusted over the past five years. Tipped by the UK's Daily Telegraph to rise in value due to its strong stock levels and 33 percent profit rise just announced in half-year results, as well as a "77 percent increase in Adult division adjusted operating profit"
The shortlist for the Man Booker Prize for Fiction, the most prestigious literary award in Britain, was announced on Tuesday morning. The six finalists are: "We Need New Names," by NoViolet Bulawayo (Little, Brown/Chatto); "The Luminaries," by Eleanor Catton (Little, Brown/Granta); "Harvest," by Jim Crace (Nan A. Talese/Picador); "The Lowland," by Jhumpa Lahiri (Knopf/Bloomsbury); "A Tale for the Time Being," by Ruth Ozeki (Viking/Canongate); "The Testament of Mary," by Colm Toibin (Scribner/Penguin)
Poor old big-name publishers. Stick to your guns by insisting on the value of your traditional, print-centric gatekeeping, and you'll be shunted straight to the top of the endangered species list. Pander to the plebs by putting a fancy cover on fan fiction, and you'll be decried as an opportunist whore who has swapped literary values for trending hashtags. It's enough to make you run screaming out of your Bloomsbury redbrick and set up in a cheap little Hackney warehouse with a bunch of fixie-riding digital natives who can …
Bloomsbury Publishing reported a 16 per cent rise in pre-tax profits to £9.8m helped by strong sales of ebooks and a shift to higher margin academic and professional publishing.
In results for the year to the end of February, group revenues rose 1 per cent to £98.5m, below consensus expectations of a climb to £103m, as the positive sales impact from sales of Harry Potter novels continues to fade.
From Kodiak to Key West, Concord to Carlsbad, Grand Forks to Galveston, in 6,200 towns and cities across America, more than 25,000 World Book Night U.S. volunteers will go out and personally hand out a half million free books to new or light readers on one day: April 23, 2013.
Any trends you’re seeing in current fiction? What upcoming projects are you most excited about?
Tony Perez: I think the best part about working for a press like Tin House is that we don’t have to think a whole lot about trends; our greatest successes seem to come when we publish what we love and trust that readers will feel similarly—which is good, because I have zero interest in working on mommy porn.
The How to Get Filthy Rich in Rising Asia author adopted Murakami's philosophy of prioritizing physical fitness in order to maximize creativity—and reaped the benefits.
Here's how to get a writer's body in seven days. Spend hours hunched over a keyboard in low light, exercising nothing but your eyelids and your finger muscles. Subsist on coffee, cigarettes, and the occasional croissant. Drink no water; whiskey's better. Look up at your heroes on the wall: sickly, malnourished, funny-looking people who died of lupus and liver failure on the hot trail of the truth.
Bloomsbury has been forced to pulp 6,000 copies of a novel after wrongly labelling it as the winner of the Orange Prize 2012. The publisher reprinted Ann Patchetts book State of Wonder with a banner above the authors name declaring it the "Winner of the...