Spotify agrees to pay millions for unmatched royalties

Spotify has come an agreement with NMPA (National Music Publishers Association) over unpaid royalties for music on the streaming service that didn't have copyright owner information. According to The Verge, the company will pay $21 million. Continue reading at 'Engadget'

[ Engadget | 2016-03-18 00:00:00 UTC ]
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Here’s what you need to know about the book club service that just raised $40 million.

This morning, PR Newswire broke the news that Literati, an “innovative literary brand,” has just raised 40 million dollars in Series B funding. Among its investors is NBA giant Steph Curry. If you’re anything like me, you may have some questions, among them: What’s the $40 million being used... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-27 18:53:56 UTC ]
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Hachette 'moving in the right direction' as it cuts gender pay gap

Hachette UK has released its latest gender pay gap report, revealing that the mean gender pay gap for Hachette UK Ltd dropped by four percentage points from 25.9% in 2019 to 21.9% in 2020. Continue reading at The Bookseller

[ The Bookseller | 2021-01-26 18:43:45 UTC ]
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Wattpad has been sold to Naver, Korea’s leading internet platform, for $600 million.

Some news for self-published writers: this week, Publishers Weekly reported that Naver, Korea’s leading internet platform, is acquiring Wattpad for over $600 million in cash and stock. For those who aren’t among the 90 million people that used Wattpad in 2020, or who don’t have any fanfiction... Continue reading at Literrary Hub

[ Literrary Hub | 2021-01-22 18:51:40 UTC ]
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W H Smith delays Cowling pay rise after shareholders object

W H Smith has delayed a £25,000 pay increase for c.e.o. Carl Cowling after 33% of voting shareholders opposed the company's remuneration plans at this week's annual general meeting. Continue reading at The Bookseller

[ The Bookseller | 2021-01-20 17:11:37 UTC ]
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The Millions Top Ten: December 2020

In the final month of 2020, we retired two books to our Hall of Fame: one from a debut author and the other from a two-time veteran. The post The Millions Top Ten: December 2020 appeared first on The Millions. Continue reading at The Millions

[ The Millions | 2021-01-20 11:00:11 UTC ]
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‘A force to be reckoned with’– fantasy world pays tribute to Storm Constantine

A pioneering novelist, she was also a passionate publisher, highlighting voices neglected by the mainstream. My life was one of many changed by her enthusiasmStorm Constantine, the fantasy author and book publisher who has died at the age of 64, was a prolific novelist and short-story writer.... Continue reading at The Guardian

[ The Guardian | 2021-01-19 11:41:44 UTC ]
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'Bridgerton's' author doesn't want you to pay $800 for her books

Since the Netflix adaptation of the revisionist Regency drama "Bridgerton" premiered on Christmas, Julia Quinn's original book series is in very high demand. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-01-12 18:36:35 UTC ]
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Wiley Buys Open Access Publisher for $298 Million

John Wiley has expanded its presence in the open access field with the acquisition of Hindawi, a London-based scientific research publisher of more than 200 peer-reviewed scientific, technical, and medical journals. Wiley paid $298 million for Hindawi, which had 2020 revenue of $40 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-06 05:00:00 UTC ]
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Grove Atlantic Raises Entry-Level Pay, Forms Exec Committee

Grove Atlantic has created a six-person executive committee to help CEO Morgan Entrekin run the publisher and increased the entry-level salary to $40,000. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-15 05:00:00 UTC ]
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Baltimore-based lending software company to be acquired by Netherlands firm for $280 million

Baltimore tech company eOriginal is set to be acquired by Netherlands-based Wolters Kluwer for about $280 million, the information and software firm announced in a news release Thursday. Continue reading at Baltimore Sun

[ Baltimore Sun | 2020-12-10 22:23:55 UTC ]
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First PRH ethnicity pay report shows gap of 16% for BAME employees

Penguin Random House has published its first ever ethnicity pay report, which found that BAME staff are paid 16% less than their white colleagues, on average. Continue reading at The Bookseller

[ The Bookseller | 2020-11-29 12:21:20 UTC ]
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BuzzFeed agrees to buy HuffPost in latest online media merger

Acquisition unites two of the largest players in digital mediaNews comes after both companies made deep cutsBuzzFeed has agreed to buy HuffPost the companies said Thursday, uniting two of the largest players in digital media in the latest example of consolidation in the sector.The acquisition is... Continue reading at The Guardian

[ The Guardian | 2020-11-19 18:56:11 UTC ]
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'Much work to do': pay transparency and hiring processes must change now, FutureBook hears

Ensuring transparency around pay, demystifying the hiring process and giving illustrators the recognition they deserve are among the most fundamental changes the industry needs to make now, delegates at The Bookseller's FutureBook conference heard. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 02:31:32 UTC ]
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PRH 'disappointed' as gender pay gap widens

Penguin Random House has said it is “disappointed” after the company's gender pay gap widened by 2.1% over the past year, but insists new initiatives mean it is making long-term progress. Continue reading at The Bookseller

[ The Bookseller | 2020-11-05 11:01:34 UTC ]
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Election Night Coverage Draws 56.9 Million Viewers Across 21 Networks

The 2020 presidential race between President Donald Trump and former Vice President Joe Biden has yet to be decided--but the Nielsen numbers are in. Editor's note: According to updated data from Nielsen, 56.9 million total viewers watched prime time coverage of election night 2020 across 21... Continue reading at AdWeek

[ AdWeek | 2020-11-04 22:15:12 UTC ]
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‘The Cold Millions,’ Jess Walter’s celebration of forgotten heroes, is one of the most captivating novels of the year

What might have been an earnest historical novel about the labor movement is transformed by Walter’s irresistible voice and characters. Continue reading at The Washington Post

[ The Washington Post | 2020-10-29 12:00:00 UTC ]
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Hodder pays tribute to Jill Paton Walsh

Hodder & Stoughton has paid tribute to Jill Paton Walsh, following the author's death at the age of 83. Continue reading at The Bookseller

[ The Bookseller | 2020-10-20 12:23:56 UTC ]
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Thomas Nelson Pays $3M Judgment to Printing Company

EPAC Technologies was awarded $3 million in compensatory damages from Thomas Nelson last month after an eight-year lawsuit alleging breach of contract and fraud. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-10-19 04:00:00 UTC ]
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