Almost overnight, the New York book publishing landscape got a lot smaller—or bigger, if you happen to work for Random House or Penguin, which last week became the publishing industry behemoth Penguin Random House. With more than 10,000 employees, the new global publisher will control 25% of the market for general-interest books, putting out more than 15,000 titles—from Dan Brown's thrillers to Khaled Hosseini's best-sellers—from nearly 250 imprints and houses.Random House parent Bertelsmann, the German media giant, holds 53% of the new company, while Penguin's London-based parent, Pearson, maintains 47%. For the foreseeable future, Random House will stay put in midtown and Penguin will continue operating down on Hudson Street.The move to consolidate comes as publishers look for more bargaining power with Amazon, which dominates retailing while competing as a publisher. The New York houses are also looking for efficiencies in their two businesses—physical books, which require warehousing, and ebooks, which demand innovation.The Penguin Random merger was completed just days after Hachette Book Group announced its purchase of Disney's Hyperion, an essentially defunct adult general-interest imprint. Hachette gets a catalog of 1,000 titles and 25 yet-to-be published books, Disney can focus on children's books and television-related franchise titles, and Hyperion becomes a Hachette imprint. Continue reading at 'Crains New York'
[ Crains New York | 2013-07-07 00:00:00 UTC ]
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Amazon has said it took orders for more than 36.8 million items worldwide on Cyber Monday (2nd... Continue reading at The Bookseller
[ The Bookseller | 2013-12-27 00:00:00 UTC ]
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Amazon.com is calling this one of its best Christmas shopping seasons ever after more than 1 million consumers signed up for Amazon Prime, the online retailer’s free unlimited 2-day shipping deal, the week before Christmas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-26 00:00:00 UTC ]
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The fight goes on: RoyaltyShare founder Bob Kohn has appealed final approval of the Macmillan and Penguin ebook settlements to the Second Circuit Court of Appeals. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-23 00:00:00 UTC ]
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More than 40,000 people have signed a petition calling for Amazon’s chief executive Jeff... Continue reading at The Bookseller
[ The Bookseller | 2013-12-20 00:00:00 UTC ]
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A Switzerland-based standards group wants to stop the madness of having a different charger for every laptop, and will publish a technical specification for universal laptop chargers early next year. The specification from the International Electrotechnical Commission will cover “a wide range of... Continue reading at PC World
[ PC World | 2013-12-18 00:00:00 UTC ]
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Amazon's 2013 list of bestselling adult titles includes Brown's 'Inferno' and Hosseini's 'And the Mountains Echoed,' while Veronica Roth's 'Allegiant' tops the children's bestseller list. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-12-18 00:00:00 UTC ]
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The books industry still underestimates the disruptive power of Jeff Bezos's awesome ambitionSo Amazon are the bad guys, again. At least according to Harper's Magazine they are. For the former Amazon employee James Marcus, Brad Stone "drops the ball" in his biography of Jeff Bezos, The... Continue reading at The Guardian
[ The Guardian | 2013-12-13 00:00:00 UTC ]
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HarperCollins Worldwide c.e.o. Brian Murray has described Amazon as a "frenemy", and... Continue reading at The Bookseller
[ The Bookseller | 2013-12-12 00:00:00 UTC ]
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The European Union’s top legal advisor ruled on Thursday that laws requiring communications providers to retain all data, even to combat crime, are incompatible with fundamental rights. Advocate General Pedro Cruz Villalón of the European Court of Justice (ECJ) said in a published opinion that... Continue reading at PC World
[ PC World | 2013-12-12 00:00:00 UTC ]
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The new imprint of the online bookseller has already released works by authors including William Lashner and Rebecca Adams Wright. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-12-10 00:00:00 UTC ]
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Several top-selling titles were among the winners of this year's Crossword Book Awards, given by the Indian bookseller at the Times of India's Literary Carnival. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-12-10 00:00:00 UTC ]
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The suburban St. Louis bookstore ended its four-week Kickstarter campaign on Sunday, more than $2,000 above its goal. The funds raised are being used to build out a section of its new home so that the store can open for business on weekends before Christmas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-09 00:00:00 UTC ]
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Figures from world's biggest bookseller trumpeted as sign of how self-publishing and smaller labels are changing the industryAs many as a quarter of the top 100 Kindle books on Amazon.com are from indie publishers, according to data revealed at a trade presentation by the retailer.A chart... Continue reading at The Guardian
[ The Guardian | 2013-12-05 00:00:00 UTC ]
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Amazon Publishing has launched a new digital short story imprint in the US called StoryFront.... Continue reading at The Bookseller
[ The Bookseller | 2013-12-04 00:00:00 UTC ]
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Amazon has been prising open the wallets of Australian consumers for years – but what will its local push on Kindle mean for readers, writers and publishers?Ben Eltham Continue reading at The Guardian
[ The Guardian | 2013-12-03 00:00:00 UTC ]
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New York State’s collection of online sales tax has withstood a legal challenge by Amazon and Overstock, as the U.S. Supreme Court decided this morning not to hear an appeal of a March ruling by New York’s top court that found that the state could impose the tax. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-02 00:00:00 UTC ]
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Amazon is testing drones called "Octocopters" which could potentially deliver customers... Continue reading at The Bookseller
[ The Bookseller | 2013-12-02 00:00:00 UTC ]
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Free app allows ebook readers to share highlights and update to social media websitesPenguin UK has teamed up with the Berlin-based ebook app developer Readmill to bolster direct ebook sales.The app allows readers to share ebook highlights and to talk to each other while they're reading,... Continue reading at The Guardian
[ The Guardian | 2013-11-28 00:00:00 UTC ]
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Speakers at last week's UK Futurebook conference offered ideas for combating Amazon dominance, including advocating government intervention and ending DRM. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-11-25 00:00:00 UTC ]
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Amazon has launched its own digital currency for apps and games in the UK, six months after the... Continue reading at The Bookseller
[ The Bookseller | 2013-11-22 00:00:00 UTC ]
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