Hachette lays off 3% of staff amid book prices row with Amazon

US publisher will cut staff as 'cost-saving initiative' while row with Amazon continues to hamper ability to sell booksHachette, the multinational book publisher embroiled in a public spat with Amazon, announced that it will be laying off about 3% of its staff on Thursday."Today, we had to make some difficult changes at HBG as part of a cost-savings initiative that will improve our company's resilience to a changing marketplace and position HBG for future growth. Unfortunately, these changes mean that some of our colleagues will be leaving the company," the book publisher said in a statement on Thursday. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2014-06-06 00:00:00 UTC ]
News tagged with: #book publisher #changing marketplace #future growth

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Hachette Book Group Has Soft First Half of 2023

Sales at Hachette Book Group fell 8.6% in the first six months of 2023 compared to the first half of 2022, parent company Lagardère reported. Sales for all of Lagardère Publishing fell 2.5%, and profits dropped 16%. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-07-25 04:00:00 UTC ]
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The Best Amazon Prime Day Book Deals

We've rounded up 20 of the best deals on paperback and hardcover books available during Amazon Prime Days! Continue reading at Book Riot

[ Book Riot | 2023-07-11 19:13:58 UTC ]
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Supreme Court Justice Sotomayor's staff prodded colleges and libraries to buy her books

For colleges and libraries seeking a big name for a guest lecturer, few come bigger than Sonia Sotomayor, the Supreme Court justice who rose from poverty in the Bronx to the nation’s highest court Continue reading at ABC News

[ ABC News | 2023-07-11 14:02:45 UTC ]
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PW Picks: Books of the Week, July 3, 2023

Our favorite books coming out this week include new titles from Mark Billingham, Charlotte Mendelson, Carin Berger, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-30 04:00:00 UTC ]
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Book Deals: Week of July 3, 2023

Tradd Street series author Karen White sells two standalone novels to Park Row, Berkley buys a New Orleans–set horror debut, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-30 00:00:00 UTC ]
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Amazon is selling two Echo Show 5 Kids smart displays for the price of one

If you think your kids should have a smart display of their very own, this might be a good time to grab two of them from Amazon. In advance of Prime Day, you can get two Echo Show 5 Kids for the price of one. The displays came out in 2023 and typically go for $100 each. By using the code... Continue reading at Engadget

[ Engadget | 2023-06-22 16:30:34 UTC ]
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Court to Hear Bids by Amazon, Publishers to Dismiss Revived Price Fixing Case

The hearing on the revived case comes some 10 months after magistrate judge Valerie Figueredo found insufficient evidence for the initial case to proceed. The suit accuses Amazon and the Big Five publishers of a conspiracy to fix e-book prices, a claim the publishers insist is "implausible" and... Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-06-08 04:00:00 UTC ]
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Vice files for bankruptcy protection amid cut-price sale to consortium

Digital publisher and owner of Vice News and Vice TV was once valued at $6bn but has agreed sale for $225mVice, the once high-flying media startup that reached a peak valuation of nearly $6bn (£5bn), has filed for bankruptcy protection in the US as the digital publisher engineers a cut-price... Continue reading at The Guardian

[ The Guardian | 2023-05-15 09:23:50 UTC ]
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Amazon Publishing’s World Book Day #ReadTheWorld Giveaway

The World Book Day promotion from Amazon Publishing this year offers international reads from several imprints and nine countries. The post Amazon Publishing’s World Book Day #ReadTheWorld Giveaway appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-04-25 16:30:04 UTC ]
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Lydia Davis refuses to sell her next book on Amazon

The garlanded short story author will release her next collection solely in bookshops and select independent online outlets to coincide with Bookshop DayPrize-winning author Lydia Davis’ new collection of short stories will not be sold on Amazon, with the author saying she does not “believe... Continue reading at The Guardian

[ The Guardian | 2023-04-19 10:05:07 UTC ]
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Sales Fell in First Quarter at Hachette Book Group

HBG CEO Michael Pietsch attributed the 11% decline to a strong first quarter in 2022, plus “a generally softer market, especially for hardcovers.” Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-04-18 04:00:00 UTC ]
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Llano County Keeps Public Libraries Open Amid Book Ban Controversy

Officials in Llano County considered closing the entire library system in lieu of returning challenged titles to its shelves. Continue reading at The New York Times

[ The New York Times | 2023-04-13 23:55:21 UTC ]
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Hachette Book Group: BIPOC Diversity at 36.4 Percent

The newest of four yearly reports from Hachette Book Group sees staff BIPOC diversity increasing by 2.5 percent in 2022. The post Hachette Book Group: BIPOC Diversity at 36.4 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2023-04-11 14:35:23 UTC ]
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Amazon is Closing Book Depository at the End of April

The online book retailer Book Depository was bought by Amazon in 2011. By the end of April, it will be shutting down for good. Continue reading at Book Riot

[ Book Riot | 2023-04-04 13:41:38 UTC ]
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Amazon to close Book Depository online shop

Gloucester-based bookseller bought by the retail giant in 2011 will shut at the end of AprilThe online shop Book Depository is due to close at the end of April, vendors and publishing partners have been told. This comes after the bookseller’s parent company Amazon announced it had decided to... Continue reading at The Guardian

[ The Guardian | 2023-04-04 11:07:43 UTC ]
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Book Riot’s SFF Deals for April 3, 2023

The best science fiction and fantasy book deals of the day, curated by Book Riot. Continue reading at Book Riot

[ Book Riot | 2023-04-03 14:22:26 UTC ]
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PW Picks: Books of the Week, April 3, 2023

Our favorite books coming out this week include new titles from Omer Aziz, Michelle Min Sterling, Jess Row, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-31 04:00:00 UTC ]
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Book Deals: Week of April 3, 2023

Flatiron wins a rom-com by Katelyn Doyle, Grisham sells a sequel to 'The Firm' to Doubleday, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-31 00:00:00 UTC ]
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Workman Sales Boosted 2022 Hachette Book Group Results

With a full year of sales from its purchase of Workman Publishing in its pockets, Hachette Book Group saw revenue rise over 2021, but higher costs dropped profits. Results at HBG parent, Lagardère Publishing, followed a similar pattern. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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Book Review: ‘The Incredible Events in Women’s Cell Number 3,” by Kira Yarmysh

A debut novel from Kira Yarmysh, a longtime critic of Vladimir Putin, offers an intimate look at political imprisonment. Continue reading at The New York Times

[ The New York Times | 2023-02-06 10:00:09 UTC ]
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