Simon & Schuster just got a little smaller. The publishing division of CBS Corp., known for Bob Woodward bestsellers, Glenn Beck polemics and Stephen King novels, announced Tuesday that it was consolidating its imprints into four publishing groups. Most significantly, the Free Press, a 65-year-old publisher of serious non-fiction as well as blockbusters by Mehmet Oz and the prize winning novel The White Tiger, will now be part of the Simon & Schuster Publishing Group. Martha Levin, the imprint's publisher since 2001, and Dominick Anfuso, its editor-in-chief, will leave the company Nov. 2. Staff cuts overall will number in the single digits, according to an executive close to the company. In a letter addressed to "everyone at Simon & Schuster," CEO Carolyn Reidy wrote Tuesday that the new arrangement "will lead to a sharper editorial focus for our imprints even as it takes consideration of the natural affinities among them." A spokesman declined to comment on any other reasons for the reorganization, but insisted that cost-cutting was not a significant driver. He acknowledged that there will likely be fewer titles published. "The group presidents are being asked to consider what is the right number of titles to publish, and we do think that will ultimately result in some title count reduction in the groups," he said. Revenue at Simon & Schuster was flat in 2011. Rapid growth in digital book sales failed to make up for declining print sales, though profits... Continue reading at 'Crains New York'
[ Crains New York | 2012-10-24 00:00:00 UTC ]
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Further major publisher consolidations will change the face of the industry in the next year,... Continue reading at The Bookseller
[ The Bookseller | 2012-11-23 00:00:00 UTC ]
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Carly Simon, the singer and songwriter who has had a rocky life and a storied career, has sold her autobiography to Random House for a sum in the seven figures, according to a person familiar with the deal. Ms. Simon, the author of several children's books, is writing the memoir herself. It's... Continue reading at Crains New York
[ Crains New York | 2012-06-02 00:00:00 UTC ]
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Despite a bill partially designed to stop this effort, the United States Post Service will move forward with its 9-month modified consolidation plan. The first step will consolidate 48 locations this summer, with larger-scale consolidation to follow at the start of 2013. Continue reading at Folio Magazine
[ Folio Magazine | 2012-05-18 00:00:00 UTC ]
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The Turkish newspaper publisher Turkuvaz Medya Group whose titles include the daily Sabah are now benefiting from an upgrade to their Harland Simon press control systems. Continue reading at Editor & Publisher
[ Editor & Publisher | 2011-05-06 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Thu, 14/04/2011 - 09:24 Supply chain consolidation is "inevitable", as the increase in sales of digital books will mean fewer physical books sold and more trade going online, London Book Fair delegates were told. read more Continue reading at The Bookseller
[ The Bookseller | 2011-04-14 00:00:00 UTC ]
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Hearst has promoted Simon Horne, currently chief financial officer and general manager of NatMag, to the newly created role of CFO, general manager and senior vice-president, at Hearst Magazines International. Continue reading at Media Week
[ Media Week | 2011-03-28 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Fri, 25/03/2011 - 11:55 Random House Children's Books has acquired a debut children's novel by BBC Radio 2 presenter Simon Mayo. Editorial director Kelly Hurst acquired world all language rights in the two-book deal through Sam Copeland at... Continue reading at The Bookseller
[ The Bookseller | 2011-03-25 00:00:00 UTC ]
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