Condé Nast Pulls Investment From FarFetch [caption id="attachment_161701" align="alignright" width="150"] José Neves[/caption] Condé Nast pulled its nearly $300 million investment in the London-based luxury fashion retail marketplace FarFetch, following concerns about the management of the platform. Founded in 2008 by Portuguese billionaire José Neves, who now serves as the company’s CEO and co-chairperson, FarFetch received an early investment of £234 million ($293 million) from Condé, and in 2017, entered into an affiliate link-based partnership with the publisher in return 6% of its shares. But the publishing house, according to The Times, was disconcerted by the amount FarFetch was spending on its marketing strategy and has since gotten rid of its stake in the company. FarFetch, which makes its money by serving as an intermediary between retailers and consumers, and taking a 25% commission from each sale—similar to Net-a-Porter’s business model—is apparently seeing mounting losses. According to its 2019 Q1 report, the company’s gross merchandise value increased by 44% YOY to $415 million and it saw revenue earnings of $146 million, but its losses after tax rose to $109 million from the $50.7 million loss it saw in the same period last year. Condé chairperson Jonathan Newhouse also stepped down from FarFetch’s board of directors in March. Industry Dive Takes on the Banking Industry On Monday, Industry Dive, the Washington, D.C.-based B2B publisher that covers... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-07-09 18:18:07 UTC ]
Book Reviews The National Memorial for Peace and Justice. Photo by Steven Taylor / Flickr The Love Songs of W. E. B. Du Bois, Honorée Fanonne Jeffers’s first novel, is textually connected to the works of Harriet Jacobs, Zora Neale Hurston,... Continue reading at World Literature Today
[ World Literature Today | 2021-08-18 20:12:10 UTC ]
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Over the last decade there has been a push towards better representation in visual media. While movies and television have provided more examples of non-white characters in key roles, there has also been an uptick in linguistic diversity in film. Movies like Lulu Wang’s The Farewell, which slips... Continue reading at Electric Literature
[ Electric Literature | 2021-08-17 11:00:00 UTC ]
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Deep in the heart of Appalachia, modern science and America's bucolic past meet at a unique crossroad of scientific discovery and luddite lifestyles. The Quiet Zone, by journalist Stephen Kurczy, is the story of a sleepy small town that hosts the Green Bank radio telescope. But the presence of... Continue reading at Engadget
[ Engadget | 2021-08-14 15:30:30 UTC ]
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Sustained increases in book reading and book buying were the underlying factors in driving up sales by 19% and profits by 42% in HarperCollins's latest fiscal year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-08-06 04:00:00 UTC ]
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HarperCollins has bought three standalone crime novels from Irish author Dervla McTiernan in a seven-figure deal, to be published by HarperFiction in the UK, William Morrow in the US and HarperCollins Australia in March 2022. Continue reading at The Bookseller
[ The Bookseller | 2021-08-05 14:26:31 UTC ]
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Dawn French will narrate an audiobook edition of Giles Andreae’s I Love My… picture books for Bolinda, the first time any of the series will be produced in audio. Continue reading at The Bookseller
[ The Bookseller | 2021-07-28 01:59:59 UTC ]
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Stacey Abrams will publish Stacey’s Extraordinary Words, a children’s picture book illustrated by Kitt Thomas, on December 28th with HarperCollins Children’s Books imprint Balzer + Bray. Though Abrams has published three bestselling books for adults under her own name, as well as eight romance... Continue reading at Literrary Hub
[ Literrary Hub | 2021-07-21 15:41:46 UTC ]
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Donald Trump, in response to the numerous exposés on his presidency hitting shelves this year, has taken to doing angry rebuttal interviews and praising books by his political allies. But I guess it runs in the family: as Internet sleuths discovered yesterday, Trump plagiarized HarperCollins... Continue reading at Literrary Hub
[ Literrary Hub | 2021-07-15 17:38:27 UTC ]
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The digital arm of Lindhardt & Ringhof, Saga Egmont further expands its efforts to penetrate the Spanish-language audiobook market. The post Audiobooks: Denmark’s Saga Egmont Partners With Spain’s Roca Editorial appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-14 17:45:23 UTC ]
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#LoveAudio, the Publishers Association's annual audiobook campaign, will return for a fifth year this month. Continue reading at The Bookseller
[ The Bookseller | 2021-07-10 01:47:32 UTC ]
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Industry Notes: HarperCollins announces new rights territories for Jeffrey Archer's work; Welbeck has a license for England Football. The post Welbeck Preps England Football History; Harper Expands Rights With Jeffrey Archer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-07-09 19:18:23 UTC ]
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HarperCollins is releasing a new unabridged audiobook of J R R Tolkien's The Lord of the Rings in three parts in September, read by Andy Serkis, who starred as Gollum in the blockbuster movies. Continue reading at The Bookseller
[ The Bookseller | 2021-07-07 11:53:26 UTC ]
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In a notice sent to library customers this week via their vendors, e-book titles from Houghton Mifflin Harcourt will soon be available via a 26-lend metered access model, a change from its previous perpetual access terms. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-07-07 04:00:00 UTC ]
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HarperCollins has bought two more non-fiction titles from Ant Middleton, kicking off with Mental Fitness in November this year. Continue reading at The Bookseller
[ The Bookseller | 2021-06-26 22:35:23 UTC ]
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The Ashland, Ore.–based independent audiobook publisher is seeing double-digit growth for CDs and MP3-CDs thanks to new partnerships, even as other publishers abandon the formats. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-25 04:00:00 UTC ]
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Nancy Adimora rejoined HarperCollins UK as talent and audience development manager, Diversity & Inclusion, in February 2020, a new role reporting to HarperCollins c.e.o. Charlie Redmayne. Adimora works across the business to attract new authors and will help reach and market to new audiences... Continue reading at The Bookseller
[ The Bookseller | 2021-06-25 02:11:08 UTC ]
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HarperCollins has acquired world publishing rights to the archives of Dr. Martin Luther King Jr. The publisher said the collection features some of the "most historically important and vital literature in American history." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-23 04:00:00 UTC ]
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J K Rowling's Cormoran Strike series, written under the name Robert Galbraith, have hit an audiobook milestone for Little, Brown ahead of the fifth novel's paperback release. Continue reading at The Bookseller
[ The Bookseller | 2021-06-21 11:49:14 UTC ]
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In a recent presentation, HarperCollins CEO Brian Murray said he sees no signs of consumer book spending slowing down in 2021—nor does he see the trend toward greater consolidation of the industry cooling. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-06-15 04:00:00 UTC ]
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Publishing houses in Romania are working together to produce the Echo audiobook subscription platform, a first in its market. The post Beat Technology Is Developing Romania’s First Audiobook Program appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-06-14 04:05:13 UTC ]
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