The National Enquirer, the tabloid that billionaire Jeff Bezos accused of extortion earlier this year, is on the block to be sold by parent company American Media Inc. American Media’s board conducted a review of its tabloid business, including the Globe and National Examiner brands, and decided to explore strategic options. That will “likely result in their sale in the near future,” the company said on Wednesday. “We feel the future opportunities with the tabloids can be best exploited by a different ownership,” CEO David Pecker said in a statement. The Enquirer and its owner have come under intense pressure since Bezos made his allegations in a blog post in February. Bezos accused American Media of trying to blackmail him with photos of him with a woman who wasn’t his wife. He also published emails sent to his lawyer, Marty Singer, by American Media executives. The scrutiny extended to American Media’s hedge fund owner, Chatham Asset Management, which was questioned by New Jersey officials over the matter. The Bezos controversy followed a separate flap over the publisher’s ties to President Donald Trump. The company admitted that it worked with the Trump campaign to kill stories about the candidate’s relationships with women. Unloading the Enquirer would shift American Media’s focus toward fitness and lifestyle brands. In recent years, it acquired Us Weekly and Men’s Journal, as well as Bauer Media’s celebrity and teen brands. Bezos, founder and CEO of Amazon,... Continue reading at 'Advertising Age'
[ Advertising Age | 2019-04-11 00:00:00 UTC ]
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Solid-selling new books, including the new biography of Elon Musk, weren't enough to stop unit sales of print books from falling 5.7% last week from the comparable week in 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-21 04:00:00 UTC ]
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'To bring our sales and publishing teams even closer together,' says Michael Pietsch, Lauren Monaco follows Alison Lazarus at HBG. The post Hachette Book Group Names Lauren Monaco as EVP, Director of Sales appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-20 21:48:53 UTC ]
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Book sales fell 10.9% in July at the 1,233 publishers that supply data to AAP’s StatShot program. Sales of adult books dropped 4.6%, and children's/young adult book sales declined 10.7%. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-19 04:00:00 UTC ]
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The private equity firm KKR has completed its sale of audiobook publisher RBmedia to investment firm H.I.G. Capital and private equity firm Francisco Partners. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-18 04:00:00 UTC ]
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Today, the National Book Foundation announced the longlist for the 2023 National Book Award for Fiction. The ten titles on the longlist were selected from a pool of 496 books submitted for consideration by their publishers; this year’s judges for Fiction are Steph Cha, Calvin Crosby, Silas... Continue reading at Literrary Hub
[ Literrary Hub | 2023-09-15 14:15:56 UTC ]
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Bookstore sales fell 1.3% in July, slipping from $595 million last year to $587 million in 2023, according to preliminary estimates from the U.S. Census Bureau. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-15 04:00:00 UTC ]
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A majority of newcomers: Nine of the 10 longlisted nonfiction authors in 2023 are getting National Book Award attention for the first time. The post US National Book Awards 2023 Longlist: Nonfiction appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-14 22:53:40 UTC ]
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Today, the National Book Foundation announced the longlist for the 2023 National Book Award for Nonfiction. The ten titles on the longlist were selected from a pool of 638 books submitted for consideration by their publishers; this year’s judges for Nonfiction are Hanif Abdurraqib, Ada Ferrer... Continue reading at Literrary Hub
[ Literrary Hub | 2023-09-14 19:15:07 UTC ]
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The Utah Republican’s announcement that he would retire coincided with the publication of a forthcoming book based on extensive interviews in which he slammed his party and the Senate. Continue reading at The New York Times
[ The New York Times | 2023-09-14 17:49:51 UTC ]
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Today, the National Book Foundation announced the longlist for the 2023 National Book Award for Poetry. The ten titles on the longlist were selected from a pool of 295 books submitted for consideration by their publishers; this year’s judges for Poetry are Rick Barot, Heid E. Erdrich (Chair),... Continue reading at Literrary Hub
[ Literrary Hub | 2023-09-14 14:15:10 UTC ]
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Unit sales for print books had their best weekly performance since mid-June, in part thanks to Stephen King, but still fell 4% from a year ago. Once again, sales were down in all categories. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-14 04:00:00 UTC ]
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Today, the National Book Foundation announced the longlist for the 2023 National Book Award for Translated Literature. The ten titles were originally published in seven different languages—Arabic, Dutch, French, German, Korean, Portuguese, and Spanish—and were selected from a pool of 154 books... Continue reading at Literrary Hub
[ Literrary Hub | 2023-09-13 19:15:43 UTC ]
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Today, the National Book Foundation announced the longlist for the 2023 National Book Award for Young People’s Literature. The ten titles were all written by newcomers to the National Book Awards, and were selected from a pool of 348 books submitted for consideration by their publishers. This... Continue reading at Literrary Hub
[ Literrary Hub | 2023-09-13 14:15:55 UTC ]
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The National Book Foundation is announcing the 2022 National Book Award longlists this week. Five finalists in each of the five categories will be named on October 3, and the winners will be announced during the awards ceremony on November 15. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-13 04:00:00 UTC ]
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The National Book Foundation has rescinded Drew Barrymore's invitation to host the National Book Awards while her show tapes amid the Hollywood strikes. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-09-12 23:23:20 UTC ]
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London's British Academy Book Prize reports on its 2022 winner's sales and rights deals as it releases its 2023 nonfiction shortlist. The post British Academy Names a Shortlist; Reports on Sales Impact appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-12 12:57:48 UTC ]
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The National Book Awards has rescinded its invitation to Drew Barrymore to host the 74th National Book Awards following the actor's decision to resume filming her daytime talk show in spite of the ongoing Hollywood strikes. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-12 04:00:00 UTC ]
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Peter Ruis has resigned as CEO of Indigo Books & Music, a position he held for a year. The news comes after the retirement of founder Heather Reisman, a boardroom shake-up, and a destructive cyber attack that impacted sales. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-11 04:00:00 UTC ]
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The former US poet laureate, Rita Dove is the National Book Foundation's 2023 Distinguished Contribution medal winner. The post US National Book Foundation Honors Poet Rita Dove appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-09-08 18:57:16 UTC ]
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Unit sales of print books fell 7.9% last week from the comparable week in 2022 at outlets that report to Circana BookScan. Sales were down in all categories. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-09-07 04:00:00 UTC ]
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