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 ]
The Justice Department is nearing a settlement with publishers over allegations of ebook pricing, but finalizing the deal is proving problematic as Apple and two publishers are balking at the terms of the deal. Amazon will be permitted to once again discount ebooks to its customers as a result.... Continue reading at Betanews
[ Betanews | 2012-04-05 00:00:00 UTC ]
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The European and US investigation into ebook pricing may be approaching resolution, say US press... Continue reading at The Bookseller
[ The Bookseller | 2012-04-05 00:00:00 UTC ]
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Authors Guild President Scott Turow charges in an open letter about ebook pricing: “Our government may be on the verge of killing real competition in order to save the appearance of competition.” Continue reading at The Christian Science Monitor
[ The Christian Science Monitor | 2012-03-13 00:00:00 UTC ]
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Publishers are continuing to experiment with ebook pricing, as sales and marketing teams balance... Continue reading at The Bookseller
[ The Bookseller | 2012-02-20 00:00:00 UTC ]
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The five publishers being investigated over ebook pricing could face fines of many millions of... Continue reading at The Bookseller
[ The Bookseller | 2011-12-09 00:00:00 UTC ]
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In August 2009, Jim Joseph was named president and COO of Globe Pequot Press. At the time the Guilford, Conn., press was going through something of an identity crisis. In the three years before Josephs appointment, Globe Pequot had been trying to remake itself along the lines of a New York City... Continue reading at Publishers Weekly
[ Publishers Weekly | 2011-12-09 00:00:00 UTC ]
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Written By: Benedicte Page, Felicity Wood and Philip Stone Publication Date: Fri, 23/09/2011 - 10:15 A squeeze on consumer spending in supermarkets and the migration to digital are being blamed for the spectacular falls in sales suffered by many of the UKs biggest commercial womens novelists... Continue reading at The Bookseller
[ The Bookseller | 2011-09-23 00:00:00 UTC ]
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In another turn of events in Reader Digest Associations executive saga, Robert Guth, former CEO of telecommunications company TelCove, is named president and CEO. Guth replaces Tom Williams (who occupied the CEO seat after Mary Berner left the company), as he exits the company. Continue reading at Folio Magazine
[ Folio Magazine | 2011-09-13 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 01/03/2011 - 09:53 Random House UK has said it will continue to evaluate options for ebook pricing but will not follow its US business in adopting the agency model. A statement from Random House US issued overnight said agency would... Continue reading at The Bookseller
[ The Bookseller | 2011-03-01 00:00:00 UTC ]
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Written By: Charlotte Williams and Lisa Campbell Publication Date: Fri, 04/02/2011 - 12:19 The transition to the agency model could be halted as publishers outside of the new terms could wait as much as a year for an Office of Fair Trading investigation into ebook pricing to be completed. The... Continue reading at The Bookseller
[ The Bookseller | 2011-02-04 00:00:00 UTC ]
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Written By: Gayle Feldman Kindle sales of a book could be as much as 80% of its physical sales, Amazon's head of Kindle content told Digital Book World. Russ Grandinetti's speech, 'To Help Publishers Optimize E-book Sales', coincided with the launch of Kindle Singles on Amazon's Kindle store.... Continue reading at The Bookseller
[ The Bookseller | 2011-01-27 00:00:00 UTC ]
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