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 ]
HarperCollins Publishers has acquired UK and Commonwealth rights, excluding Canada, for a currently untitled book about Donald Trump by New York Times journalist Maggie Haberman. Continue reading at The Bookseller
[ The Bookseller | 2020-12-02 16:56:42 UTC ]
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Click below to watch the first virtual meeting of the Alta California Book Club, which Books Editor of Alta Journal David Ulin describes as: an opportunity for us to rethink the book club as a kind of ongoing process involving events, involving posts and interviews and discussions on the Alta... Continue reading at Literrary Hub
[ Literrary Hub | 2020-12-02 09:48:47 UTC ]
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HarperCollins imprint Avon Books will publish Gracie Taylor's historical novel Edie’s Home for Strays. Continue reading at The Bookseller
[ The Bookseller | 2020-12-01 01:09:06 UTC ]
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HarperNorth has bagged an audiobook about personal development and men's mental health from Paul Mort, UK Mastercoach of the Year. Continue reading at The Bookseller
[ The Bookseller | 2020-11-30 10:00:16 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Nikki Giovanni’s slightly raspy, slightly sibilant voice draws listeners into Make Me Rain,... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-27 11:56:49 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Looking for something to entertain younger listeners—or the whole family? Host Jo Reed and... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-27 08:59:06 UTC ]
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Penguin Random House and HarperCollins have both scooped prizes at this year's Audio Production Awards. Continue reading at The Bookseller
[ The Bookseller | 2020-11-27 08:52:59 UTC ]
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HarperCollins has signed a new two-book deal with “supremely talented and prolific” author Amanda Brooke. Continue reading at The Bookseller
[ The Bookseller | 2020-11-26 21:27:06 UTC ]
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Sphere has announced that actor Allan Corduner will narrate the audiobook of Parting Words by 100-year-old human rights lawyer Benjamin Ferencz. Continue reading at The Bookseller
[ The Bookseller | 2020-11-26 03:14:54 UTC ]
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Red Wheel/Weiser, a publisher of titles on mind-body-spirit and the occult, is joining with Dreamscape Media, an audio book production house and distributor, to launch Red Wheel Audio, a multi-year audiobook program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-24 05:00:00 UTC ]
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“A spoonful of honey makes the medicine go down,” says S. A. Cosby on the appeal of thrillers. The medicine he’s referring to is themes like racism, poverty, and income inequality woven throughout his debut novel, Blacktop Wasteland. “It’s easier to talk about those things,” Cosby says, “if... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-23 09:48:50 UTC ]
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HarperCollins buys a YA novel composed of interlinked stories by some of the biggest names in the genre, Terry McMillan sells a novel to Ballantine, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-20 05:00:00 UTC ]
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Two major forces in US Christian publishing have entered a two-year partnership to extend their respective reach across their consumer bases. The post HarperCollins Christian Publishing Partners With Urban Ministries Incorporated appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-11-19 18:04:42 UTC ]
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The Nature of Middle-earth, a collection of previously unpublished J.R.R. Tolkien essays exploring the world of Middle-earth, will be released by HarperCollins in June 2021. The work will be edited by Carl F. Hostetter, Tolkien expert and head of the Elvish Linguistic Fellowship. These essays... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-19 16:26:17 UTC ]
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Robert Thomson, CEO of HarperCollins parent company News Corp, said during the company's annual meeting that a purchase of Simon & Schuster by Penguin Random House "will clearly be a serious antitrust issue." Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-11-19 05:00:00 UTC ]
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HarperCollins is to publish a “treasure trove” of a previously unseen collection of writings exploring Middle-earth penned by J R R Tolkien, in the decades after The Lord of the Rings was published. Continue reading at The Bookseller
[ The Bookseller | 2020-11-18 16:04:28 UTC ]
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Hesitant UK and US publishers need to move into audiobook streaming to stay relevant, and maintain premium pricing in the face of interest from music services such as Spotify, Storytel's c.e.o. Jonas Tellander has warned. Continue reading at The Bookseller
[ The Bookseller | 2020-11-18 09:52:56 UTC ]
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A “seismic shift” to online shopping during the pandemic has fuelled a “crazy” market for acquisitions of big names, HarperCollins UK c.e.o. Charlie Redmayne has said. Continue reading at The Bookseller
[ The Bookseller | 2020-11-17 23:24:16 UTC ]
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Every Monday through Friday, AudioFile’s editors recommend the best in audiobook listening. We keep our daily episodes short and sweet, with audiobook clips to give you a sample of our featured listens. Host Jo Reed and AudioFile’s Robin Whitten share their thoughts on Robert Harris’s latest... Continue reading at Literrary Hub
[ Literrary Hub | 2020-11-17 17:16:17 UTC ]
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The audiobook sector's boom means it will be able to accommodate Spotify's move into the market but publishers are still only just realising the sector's potential, Bookwire's Videl Bar-Kar has said. Continue reading at The Bookseller
[ The Bookseller | 2020-11-16 19:16:13 UTC ]
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