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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Touching the Void author Joe Simpson has split from long-term publisher Random House following... Continue reading at The Bookseller
[ The Bookseller | 2013-01-09 00:00:00 UTC ]
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The process for Penguin to join the Department of Justice's settlement over the ebook price-... Continue reading at The Bookseller
[ The Bookseller | 2013-01-08 00:00:00 UTC ]
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The majority of independent booksellers saw a Christmas sales rise in 2012, with fall-out from... Continue reading at The Bookseller
[ The Bookseller | 2013-01-07 00:00:00 UTC ]
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French bookshops and cultural product chains are following the UK example in protesting against... Continue reading at The Bookseller
[ The Bookseller | 2013-01-04 00:00:00 UTC ]
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For long-time ebook buyers indoctrinated in Amazon's convenient ecosystem, trying to make the switch to a competitor can lead to frustration and disappointment. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2013-01-02 00:00:00 UTC ]
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Between December 3 and December 14, Amazon ran its “12 Days, 12 Books” promotion, which saw limited supplies of 12 books reduced to bargain prices over 12 days. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-12-21 00:00:00 UTC ]
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The Justice Department said today it had reached a settlement with Penguin Group (USA), one of six companies it had accused of conspiring to raise prices of ebooks. The agreement, if approved by the court, would leave only two companies -- Apple and Macmillan -- facing the lawsuit, due to go to... Continue reading at AllThingsD
[ AllThingsD | 2012-12-19 00:00:00 UTC ]
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The Ethical Consumer magazine and campaign group has launched a campaign to persuade customers to... Continue reading at The Bookseller
[ The Bookseller | 2012-12-19 00:00:00 UTC ]
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Newspapers’ books coverage is even less profitable than newspapers overall, and many book review sections are shrinking or disappearing completely. In an attempt to subsidize such coverage, the Guardian has partnered with the Amazon-owned d ... Continue reading at Editor & Publisher
[ Editor & Publisher | 2012-12-19 00:00:00 UTC ]
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Chinese authorities have started investigating Amazon’s methods of selling ebooks in the... Continue reading at The Bookseller
[ The Bookseller | 2012-12-17 00:00:00 UTC ]
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Amazon.co.uk will begin its Boxing Day sales on Christmas Day this year, responding to the fact... Continue reading at The Bookseller
[ The Bookseller | 2012-12-17 00:00:00 UTC ]
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European Union regulators ended an antitrust probe into ebook prices after Apple and other publishers offered to abandon the possibility of pricing agreements that would have hindered Amazon selling ebooks more cheaply than their rivals. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-12-15 00:00:00 UTC ]
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Amazon has started its Chinese Kindle incursion by launching the reader app for Android and iOS in that market, along with a large selection of ebooks. There's no mention of any Kindle devices like the Fire HD in the nation yet, but Amazon just did a similar launch in Brazil and said the... Continue reading at Engadget
[ Engadget | 2012-12-13 00:00:00 UTC ]
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The European Union has accepted an offer from Apple and four major publishers to reduce pricing restrictions on content offered at Amazon and other book-sellers. After being caught out by the EU, we heard that the offer was likely to be adopted last month, and the commission has now confirmed... Continue reading at Engadget
[ Engadget | 2012-12-13 00:00:00 UTC ]
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After years of licensing the publication of its hardcover art book collections, Archie Comics is moving some hardcover production in-house and has just released its first title, The Art of Betty and Veronica. Continue reading at Publishers Weekly
[ Publishers Weekly | 2012-12-10 00:00:00 UTC ]
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Canadians have had to be content with a form of Kindle Store limbo until now. They could buy Kindle ebooks, but they've had to rely on a US-centric portal that scarcely acknowledges their literary tradition. As of this weekend, they don't have to cross the virtual border: Amazon Canada now has... Continue reading at Engadget
[ Engadget | 2012-12-10 00:00:00 UTC ]
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Amazon only offers the lowest price on its top 20 print bestsellers, with lower-ranked titles... Continue reading at The Bookseller
[ The Bookseller | 2012-12-07 00:00:00 UTC ]
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At this point, expecting Amazon to actually divulge genuine numbers surrounding its Kindle business would be akin to expecting that so-called "fiscal cliff" to just vanish overnight. That said, the company's playing a little less coy than usual in a new press release that announces A/B testing... Continue reading at Engadget
[ Engadget | 2012-12-07 00:00:00 UTC ]
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Amazon's been attuned to the needs of its vision-impaired customers for years, first rolling out text-to-speech technology on its original Kindle e-reader years ago. Today the company revealed plans to add to that feature set in its Kindle Fire and Fire HD (7-inch) tablets with Voice Guide and... Continue reading at Engadget
[ Engadget | 2012-12-07 00:00:00 UTC ]
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In the rush to market in Brazil, three international ebook sellers staked their claim on the same day. Why? The reasons are clear, but perhaps a bit ephemeral. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2012-12-07 00:00:00 UTC ]
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