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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Startup Crowd the Book launched in March, is using selective, online marketing to try and 'create a wildfire around great books published by small presses.' Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-27 00:00:00 UTC ]
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Penguin has secured deals in 25 languages for Sally Green's YA debut Half Bad within 13 weeks... Continue reading at The Bookseller
[ The Bookseller | 2013-06-27 00:00:00 UTC ]
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With Slovakia as guest of honor, Book World Prague offered a gauge of the local book biz, where the recent hike of VAT to 15% has stifled book sales and Amazon is expected to open soon. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-26 00:00:00 UTC ]
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The French government announced a plan to introduce a law to stop Amazon from offering discounts and free delivery for books, citing it as "unfair" competitive practice. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-26 00:00:00 UTC ]
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Penguin has urged a US court to dismiss a case brought against it and its self-publishing arm... Continue reading at The Bookseller
[ The Bookseller | 2013-06-25 00:00:00 UTC ]
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Several publishers and authors have told The Bookseller that they are in the process of changing... Continue reading at The Bookseller
[ The Bookseller | 2013-06-24 00:00:00 UTC ]
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Amazon Publishing announces that the Hangman's Daughter series is their first million seller. Is it a cause for concern? Celebration? Or merely surprise that it took this long? Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-20 00:00:00 UTC ]
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Through First to Read, members will have the chance to get advance reading copies of Penguin Books before they are published. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-19 00:00:00 UTC ]
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Quercus has brought home and export sales in-house, after eight years with the... Continue reading at The Bookseller
[ The Bookseller | 2013-06-18 00:00:00 UTC ]
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“They had a relationship that was not positive. You heard a lot of negative things from them.” – Apple media boss Eddy Cue, testifying during the DOJ antitrust trial Monday, describing the way book publishers viewed Amazon, circa 2009 Continue reading at AllThingsD
[ AllThingsD | 2013-06-17 00:00:00 UTC ]
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Penguin Children’s is planning to build on audiobook sales growth, as it launches a new... Continue reading at The Bookseller
[ The Bookseller | 2013-06-17 00:00:00 UTC ]
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Penguin is phasing out its Popular Classics series and adjusting the price on the competing... Continue reading at The Bookseller
[ The Bookseller | 2013-06-14 00:00:00 UTC ]
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A new survey in Japan shows that Amazon's Kindle is leading the market for ebook sales, with Apple (launched in March) second, followed by Kinokuniya's Kinoppy, Sony's Reader Store and Kobo. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-06-13 00:00:00 UTC ]
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Having recently rebranded its operations in India under the Amazon name, the retailer announced today that it's launching the Kindle Fire HD 7 and 8.9 there later this month. Due on June 27th, the two tablets will ship for 15,999 ($275) and 21,999 ($380) rupees with access to a reported 1.9... Continue reading at Engadget
[ Engadget | 2013-06-13 00:00:00 UTC ]
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Amazon launched its Kindle ebook platform into China last Christmas, but locals looking to get their mitts on the company's hardware had to look, ahem, elsewhere. Fortunately for everyone but grey market importers, Amazon has released the non-cellular Paperwhite and the two 7-inch Kindle Fire HD... Continue reading at Engadget
[ Engadget | 2013-06-07 00:00:00 UTC ]
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After remaining quiet on the hardware front for years, Amazon.com's China business has finally brought the company's Kindle tablet and Kindle e-reader to the country. On Friday, both the Kindle Fire HD and Kindle Paperwhite went on sale through the company's site in the country. The Kindle... Continue reading at PC World
[ PC World | 2013-06-07 00:00:00 UTC ]
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The dominance of Amazon and the importance of copyright were two key themes of... Continue reading at The Bookseller
[ The Bookseller | 2013-06-07 00:00:00 UTC ]
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It turns out that Apple isn't the only major ebook retailer that demands "most favored nation" agreements from publishers. Continue reading at AllThingsD
[ AllThingsD | 2013-06-06 00:00:00 UTC ]
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Bookseller Association c.e.o Tim Godfray has renewed his calls to the British government to take... Continue reading at The Bookseller
[ The Bookseller | 2013-06-05 00:00:00 UTC ]
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Some independent booksellers say they've received calls from someone claiming to be an Amazon staff member, asking if they'd be interested in selling Kindle e-readers. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2013-06-05 00:00:00 UTC ]
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