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 Children's Books has triumphed in a multi-publisher auction for 'beautiful' middle grade novel The Last Bear by debut children’s author Hannah Gold. Continue reading at The Bookseller
[ The Bookseller | 2020-09-23 18:38:42 UTC ]
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Helen Garnons-Williams is leaving HarperCollins to join Penguin General as publishing director for Fig Tree. Continue reading at The Bookseller
[ The Bookseller | 2020-09-22 14:02:50 UTC ]
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Jumping from one to three major unlimited-subscription services for audio content, Spain's publishing market is growing fast. The post Audiobook Subscriptions: Audible and Podimo Join Storytel in Spain appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-09-21 16:07:40 UTC ]
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Dan Halpern, who founded Ecco in 1971 and sold it to HarperCollins in 1999, is transitioning from the role of president and publisher of the imprint to editor-at-large. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-18 04:00:00 UTC ]
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David Walliams has announced his “monstrously funny” next picture book for HarperCollins Children's Books, Little Monsters, with new illustrator Adam Stower. Continue reading at The Bookseller
[ The Bookseller | 2020-09-17 05:46:06 UTC ]
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As part of an industry-wide effort to reckon with issues of diversity in trade book publishing, HarperCollins and Simon & Schuster have each named new high-ranking staffers to address issues of diversity at their companies. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-16 04:00:00 UTC ]
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Two Big Five US publishing houses independently announce new directorial appointments focused on workplace diversity and inclusion. The post In New York, Simon & Schuster and HarperCollins Announce Diversity Roles appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-09-15 23:40:06 UTC ]
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Former HarperCollins Australia c.e.o. James Kellow and Hardie Grant chief executive Hardie Grant have launched Sydney-based Ultimo Press, described as "an independent press backed by Hardie Grant" press. Continue reading at The Bookseller
[ The Bookseller | 2020-09-15 05:18:00 UTC ]
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Gore Vidal’s “Hollywood” is finally getting the audiobook treatment, and not a moment too soon. Continue reading at The Washington Post
[ The Washington Post | 2020-09-14 12:00:00 UTC ]
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YouTube star Daniel Howell is releasing a guide to mental health, You Will Get Through This Night, with HarperCollins imprint HQ. Continue reading at The Bookseller
[ The Bookseller | 2020-09-13 20:48:44 UTC ]
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Famed writer and activist Cory Doctorow is selling the audio version of his upcoming book via Kickstarter to sidestep the walled garden of Amazon-owned audiobook platform Audible. When science fiction writer and activist Cory Doctorow releases his new novel, Attack Surface, next month, you’ll be... Continue reading at Fast Company
[ Fast Company | 2020-09-12 09:00:52 UTC ]
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That’s right. HarperCollins is suing Lindsay Lohan for breach of contract after she failed to deliver a manuscript for the memoir they acquired from her back in 2014. The publishing company is asking for their $365,000 back—ostensibly the first third of the reported $1 million purchase price.... Continue reading at Literrary Hub
[ Literrary Hub | 2020-09-11 15:12:50 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. Seraphine Valentine narrates Alexis Daria’s charming romance, You Had Me at Hola, where the... Continue reading at Literrary Hub
[ Literrary Hub | 2020-09-11 08:41:16 UTC ]
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Holliday Grainger will read the audiobook version of Dolly Alderton's eagerly-awaited debut novel Ghosts (Fig Tree). Continue reading at The Bookseller
[ The Bookseller | 2020-09-02 15:24:17 UTC ]
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In an interview with the 'Financial Times,' Thomas Rabe, chief executive at Penguin Random House's parent company, Bertelsmann, said he was interested in buying Simon & Schuster. Meanwhile, sources confirmed that, at a recent town hall meeting, HarperCollins CEO Brian Murray said HC was also... Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-09-02 04:00:00 UTC ]
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The prankish device is the subject of a new audiobook that pokes serious fun at Silicon Valley’s culture of disruption. We spoke with its inventor. Continue reading at Wired
[ Wired | 2020-08-31 12:00:00 UTC ]
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The Oscar-nominated actor narrates “The Autobiography of Malcolm X” in an audiobook project he says “doesn’t change my perspective so much as it amplifies it.” Continue reading at The New York Times
[ The New York Times | 2020-08-30 09:00:11 UTC ]
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Sir Paul Nurse will narrate the audio edition of his book What is Life?, to be published by Faber in September. Continue reading at The Bookseller
[ The Bookseller | 2020-08-27 14:56:38 UTC ]
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Get immersed in a world and get in deep with the characters in these compelling audiobook series (and learn the length of each series). Continue reading at Book Riot
[ Book Riot | 2020-08-25 10:33:00 UTC ]
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There has been an outpouring of support for former HarperCollins creative director Ben North, following his revelation on social media last week that he has entered palliative care following treatment for brain tumours. Continue reading at The Bookseller
[ The Bookseller | 2020-08-25 01:07:20 UTC ]
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