It Hasn’t Taken Long for COVID-19 to Wreak Havoc on Publishing

A lot has happened since I wrote to you last week about the rapid spread of COVID-19, its impact on all of us in publishing and our continued commitment to serve you. As I stated then, Folio: will keep our promise to seek out positive stories on how our community can get through this unprecedented time. And we will also remain committed to keeping you informed on what’s happening with your industry without spin or puffery. So with that in mind, let me be frank: things are not so good today. The immediate impact the novel coronavirus has had on publishing has already become palpable, and for many who have been around this this business for more than a decade, it's likely bringing back bad memories of the 2008 recession. Like many other businesses across the country and the globe, publishers are suffering from a liquidity problem. That makes it very hard to maintain an operation. Hopefully swift government intervention will prevent many businesses from running out of cash or securing the credit they need to stay afloat and make payroll. In less than two weeks, COVID-19 has exposed the vulnerability of our industry, despite years of hard work building out more recession-proof businesses. Playboy ended its print magazine's frequency in response to the impact of the virus. It's unlikely it will be the last iconic publication to do this in 2020. Time Out has temporarily suspended its print edition across all of its global markets and closed its chain of upscale food halls in... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-03-26 13:00:37 UTC ]
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Retailers cope with Covid-19 wave as publishers wait on office reopenings

Book retailers say they have been able to cope in recent weeks despite the Omicron wave hitting staff, while most UK publishers continue to ask people to work from home and keep their offices open for employees who need them. Continue reading at The Bookseller

[ The Bookseller | 2022-01-18 06:44:20 UTC ]
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Covid-19 Skeptics, Publisher Sue Sen. Elizabeth Warren

Publisher Chelsea Green and the authors of a controversial book claim that a letter Warren sent to Amazon expressing concern over the company's role in spreading Covid-19 misinformation violates their First Amendment rights. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-11-09 05:00:00 UTC ]
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The UK’s Publishers Association 2020 Report: ‘In the Face of COVID’

Amid the challenges of the pandemic year 2020, the United Kingdom's overall publishing market rose 2 percent. The post The UK’s Publishers Association 2020 Report: ‘In the Face of COVID’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-04-26 23:05:27 UTC ]
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UK publishing income up 2% in Covid-hit 2020 despite print decline

Total publishing income hit record levels in 2020, rising 2% to £6.4bn, buoyed by a digital surge that helped offset a 6% decline in print sales, a report by the Publishers Association shows. Continue reading at The Bookseller

[ The Bookseller | 2021-04-26 10:50:38 UTC ]
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Federation of European Publishers’ New COVID-19 Impact Report: Europe Closes 2020 Down 2 to 5 Percent

A first look at the new report on Europe's book publishing markets highlights the range of impact felt in the first year of the pandemic. The post Federation of European Publishers’ New COVID-19 Impact Report: Europe Closes 2020 Down 2 to 5 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2021-03-26 15:57:21 UTC ]
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‘Remarkable Adaptability’: Children’s Publishing in the Time of Covid

With 2021 well underway, Publishers Weekly spoke with the heads of several children’s publishing divisions to see how the industry weathered the storm of last year, and to discuss what comes next in the midst of persistent uncertainty. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-02-12 05:00:00 UTC ]
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Scribe to publish analysis of Sweden's Covid-19 strategy

Scribe has acquired The Herd, an "in-depth analysis" of Sweden's Covid-19 strategy by Swedish journalist Johan Anderberg.  Continue reading at The Bookseller

[ The Bookseller | 2021-02-08 20:21:32 UTC ]
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How Covid-19 Will Change Publishing

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[ Publishers Weekly | 2021-01-22 05:00:00 UTC ]
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University of Chicago Press to publish 'essential primer' on Covid-19 vaccine

The University of Chicago Press will publish How to Make a Vaccine: An Essential Guide for Covid-19 and Beyond by John Rhodes, a UK-based international expert in immunology and vaccine discovery.  Continue reading at The Bookseller

[ The Bookseller | 2020-12-06 16:10:48 UTC ]
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Jonathan Cape to publish Bennett's second novel, Checkout 19

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[ The Bookseller | 2020-11-30 16:16:38 UTC ]
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Harry Potter publisher says Covid has weaved magic over book sales

After shaky start in lockdown, Bloomsbury sales soar as people pick books over box setsCoronavirus – latest updatesSee all our coronavirus coverageThe Harry Potter publisher, Bloomsbury, has reported its most profitable first half in more than a decade, after a nation tiring of box sets fuelled... Continue reading at The Guardian

[ The Guardian | 2020-10-27 12:22:12 UTC ]
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Five excellent new thrillers and mysteries take us back to the pre-covid-19 era

Val McDermid, Brad Parks and Ann Cleeves have new novels to distract readers from reality. Continue reading at The Washington Post

[ The Washington Post | 2020-10-05 12:00:00 UTC ]
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Chatto & Windus to publish BBC Radio 4's Covid chronicles

This November Chatto & Windus will publish a collection of lockdown stories and experiences from BBC Radio 4’s "PM", with a foreword from the programme's presenter Evan Davis. Continue reading at The Bookseller

[ The Bookseller | 2020-09-17 13:23:06 UTC ]
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A reckoning long overdue: Dana Canedy and Lisa Lucas on their new positions in publishing

Two Black women are taking top positions at Simon & Schuster and Knopf. They talk to Rebecca Carroll about language, action, the power of books and the pace of change. Continue reading at Los Angeles Times

[ Los Angeles Times | 2020-07-30 14:00:29 UTC ]
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PA salutes 2019 as UK publishing's 'best year ever', but calls for Covid support

The Publishing Association has released its latest Yearbook statistics, showing growth in both the industry's print and digital revenues, making 2019 in its estimation “the biggest year ever for UK publishing”.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-21 05:50:22 UTC ]
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A Tale of Two Economic Indicators: Publishing’s Long Road to Recovery Will Require More Detours

This morning I woke up to two very different pieces of news, yet they are very much connected. The first was the news that the U.S. unemployment rate fell to 11.1% in June, and as a nation we added 4.8 million jobs to the economy. Certainly it’s good news that the trend line has moved downward... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-02 16:42:10 UTC ]
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BESA director praises education publishers' response to Covid-19

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[ The Bookseller | 2020-07-01 20:05:40 UTC ]
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Successfully Navigating a Publishing World Consumed by COVID-19

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Indie Publishers Cope with Covid

A survey 'PW' conducted with indies found no plan for immediate return to offices and a trend of strong backlist sales. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-19 04:00:00 UTC ]
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