Simon and Schuster Inc.
Right before everyone ran off for the holidays, we asked the Book Business staff and contributors one question: What was the best book you read in 2012. It didn't need to have been published in 2012, just one that they read in the calendar year. These are the results:
Alan Sepinwall's "The Revolution Was Televised." / What's Alan Watching? Journalist and author Alan Sepinwall joined a group of select few self-published authors whose books have been picked up by a major publisher. Touchstone, an imprint of Simon & Schuster, acquired Sepinwall's book "The Revolution Was Televised," it was announced on Wednesday..
Macmillan, the last of the major publishers still fighting the U.S. Justice Department over antitrust charges, says it has renegotiated its e-book deals with retailers to allow some discounting.
In an open letter posted on his book-publishing company's website Wednesday afternoon, MacmillanChief Executive John Sargent said the firm is still committed to fighting the antitrust case brought by the Justice Department involving allegations that Macmillan and four other publishers plus Apple Inc. (AAPL) conspired to raise e-book prices.
Penguin, which is merging with Random House, has settled with the Department of Justice in the ebook pricing lawsuit, the DOJ announced late Tuesday afternoon. The DOJ sued Apple, Penguin and four other publishers in April for conspiring to set ebook prices. Penguin had planned to fight the case in court, along with Apple and Macmillan, but the company’s pending merger with Random House compelled it to get the litigation out of the way.
Amazon released its list of the bestselling books of 2012 on Friday morning. The list is a great summary of one of the key themes in book publishing in 2012: Self-published authors and traditional publishers need each other.
We’ve reached an interesting point in the ebook pricind saga: All three publishers that settled with the Department of Justice to resolve an ebook price-fixing lawsuit have now fulfilled the first and most important part of their agreements — sign new ebook deals with their retail partners.
Simon & Schuster was the last to sign a new deal with Amazon and others — putting its new agreement into place this weekend. Hachette had its new deal up and running earlier this past week. And HarperCollins was very early out the gate…
On the heels of the announced Penguin/Random House merger, Laura Hazard Owen at PaidContent has a piece about preliminary talks between HarperCollins and Simon & Schuster. HC parent company News Corp, was reportedly ready to make a cash bid to acquire Penguin once its talks with Random House became public.
While Random Penguin was a meme goldmine, HarperSchuster doesn't seem quite as hashtag friendly.
With the vaunted "Big 6" set to become a "Big 5" and possibly a "Big 4", we expect someone, somewhere to report rumors of talks between Hachette and Macmillan in 3…2…1…
—Brian Howard
In the wake of the scandal around David Petraeus and his "All In" biographer, Paula Broadwell, The Atlantic reports that Penguin moving up its publishing schedule for Gen. Stanley McChrystal's memoir, "My Share of the Task," and Simon & Schuster has moved up the release date of "The Insurgents: David Petraeus and the Plot to Change the American Way of War."
It will be interesting to see if either publisher decides to make ebook versions available earlier, and when/if "All In" will be updated to reflect the scandal it's become synonymous with.
—Brian Howard
As we mentioned yesterday, the marketplace of ideas around what the Random House/Penguin merger all means is heating up. The Financial Times' Robert Cookson looks at bigness vs. smallness and might vs. agility as competing strategies for success in an increasingly digital world. In smallness' corner is indie house Salt Publishing's Christopher Hamilton-Emery:
“I don’t think big necessarily means better." The rise of digital publishing, he argues, is likely to lead to an “explosion” of smaller, more focused publishers that can harness technology to establish relationships directly with consumers. —Brian Howard
It sometimes feels like the price-fixing settlement between e-book publishers and the government has been stretching on for forever. But it now seems Amazon is prepping Kindle customers for a potential, partial refund if they bought e-books between April 2010 and May 2012. That is if the court approves the settlements in various states.
PCWorld says customers could be getting back anywhere from $0.30 to $1.32 per e-book from Hachette, HarperCollins and Simon & Schuster. Those publishers agreed to paying $69 million into a fund for the settlement.