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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Bringing to the marketplace has always been a struggle for emerging writers, but the evolution of digital publishing formats is seeing a new wave of authors skipping the print medium entirely. Continue reading at Stuff
[ Stuff | 2012-03-25 00:00:00 UTC ]
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Penguin is to sell physical books direct to consumers through pop-up shops as part of a plan to... Continue reading at The Bookseller
[ The Bookseller | 2012-03-23 00:00:00 UTC ]
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Late New York Times journalist Anthony Shadid writes about insights gained rebuilding the war-ravaged home of his great grandfather in Lebanon in 'House of Stone.'A yearning for home, wherever that may be, is one of many themes that the late New York Times journalist Anthony Shadid so deftly... Continue reading at Los Angeles Times
[ Los Angeles Times | 2012-03-19 00:00:00 UTC ]
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Penguin Press will be publishing a new title by former children's laureate Philip Pullman... Continue reading at The Bookseller
[ The Bookseller | 2012-03-19 00:00:00 UTC ]
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The Rights House and PFD have acquired four crime estates from Chorion in its intellectual... Continue reading at The Bookseller
[ The Bookseller | 2012-03-15 00:00:00 UTC ]
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A bit buried in last week’s iPad 3 excitement was the news that Apple, along with five major American book publishers, was given notice by the Justice Department that it’s about to be sued for colluding to raise prices. A tech giant can afford to shrug off something as petty as an anti-trust... Continue reading at Slate
[ Slate | 2012-03-14 00:00:00 UTC ]
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Salon du Livre in Paris will open for four days on 16th March with a notable new addition... Continue reading at The Bookseller
[ The Bookseller | 2012-03-09 00:00:00 UTC ]
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Despite consumer uncertainty in buying online, and publisher uncertainty in partnering with Amazon, ebooks sales are dominating the market. Continue reading at The Atlantic
[ The Atlantic | 2012-03-06 00:00:00 UTC ]
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Kate Lyall Grant is to become the new publisher of Severn House, with overall responsibility for... Continue reading at The Bookseller
[ The Bookseller | 2012-03-05 00:00:00 UTC ]
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With iPad 3 rumored to be on the way—possibly boasting a sharper screen and talking personal assistant Siri—Apple CEO Tim Cook may drop the price of the iPad 2 so he can go after the cheaper tablet market now dominated by Amazon's Kindle and Barnes & Noble's Nook. Analysts figure a $200 to... Continue reading at Crains New York
[ Crains New York | 2012-03-04 00:00:00 UTC ]
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It remains to be seen if it's a full-on change of policy, but it looks like Amazon is at least shifting it stance when it comes to where some of the ebooks put out by its Amazon Publishing division are sold. As you may recall, Barnes & Noble and other booksellers recently pulled print... Continue reading at Engadget
[ Engadget | 2012-03-04 00:00:00 UTC ]
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The Booksellers Association is in “advanced” talks with two companies over an ebook... Continue reading at The Bookseller
[ The Bookseller | 2012-03-01 00:00:00 UTC ]
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Pan Macmillan has snapped up UK and Commonwealth rights to Amazon’s self-publishing... Continue reading at The Bookseller
[ The Bookseller | 2012-02-29 00:00:00 UTC ]
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US publisher Educational Development Corporation (EDC) is withdrawing the sale of its Usborne... Continue reading at The Bookseller
[ The Bookseller | 2012-02-28 00:00:00 UTC ]
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Penguin has lined up a new Jamie Oliver book for the autumn as it looks to build on its direct... Continue reading at The Bookseller
[ The Bookseller | 2012-02-28 00:00:00 UTC ]
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Penguin has reported sales of £1.04bn in 2011, growing 1% on an underlying basis, though... Continue reading at The Bookseller
[ The Bookseller | 2012-02-27 00:00:00 UTC ]
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Amazon's gearing up a Brazilian launch for the Kindle this summer. Their strategy? Sell their product for far cheaper than the local competition, take a hit in import duties, and watch the profits roll in.The Amazon Kindle is an ubiquitous piece of tech in the United States, Canada, and Europe.... Continue reading at Fast Company
[ Fast Company | 2012-02-25 00:00:00 UTC ]
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When the Independent Publishers Group couldn't come to terms with Amazon, the bookselling giant took 5,000 IPG titles out of their Kindle ebook store. Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-02-23 00:00:00 UTC ]
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UK publishers have expressed concern Amazon’s use of “power” to remove the e-... Continue reading at The Bookseller
[ The Bookseller | 2012-02-23 00:00:00 UTC ]
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Jeremy Lin has inspired a lot of rabid fans, magazine features, and six-figure book deal offers. But he's also fueled a new breed of lightning-fast ebook authors. Alan Goldsher, author of "Linsanity: The Improbable Rise of Jeremy Lin," is one of the fastest (and slickest). In the days before... Continue reading at Fast Company
[ Fast Company | 2012-02-23 00:00:00 UTC ]
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