The failure of a recent bid to merge two large publishing companies shines a light on a central issue of cultural powerDespite a rise in self-publishing, commercial publishers are still the main gatekeepers of what arrives on our bookshelves. As such, they have great cultural and – if a book takes off – economic power. A case decided in a US court this week provided an insight into just how much of that power is now concentrated in a small handful of multinational companies.At issue was a planned merger of Simon & Schuster with Penguin Random House (PRH) – two of the so-called big five, which between them control 90% of the US publishing market, a fact not always obvious to the casual observer, as books usually carry on their spines the names of imprints, or subdivisions, of the parent company. PRH, itself the result of a mega-merger in 2013, runs about 300 imprints. Given the reach of these companies – PRH is active in more than 20 countries – the Department of Justice’s successful argument that the planned $2.2bn deal would “exert outsized influence over which books are published in the United States and how much authors are paid for their work” applies globally. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2022-11-04 18:25:28 UTC ]
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An April report by the UK-based publishing site, The Bookseller, showed that more than half of the debut authors they surveyed said the experience of publishing a book adversely affected their mental health. Further reporting from The Guardian reveals that (some) publishers have quickly... Continue reading at Literrary Hub
[ Literrary Hub | 2023-07-19 19:03:31 UTC ]
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A 14.1% decline in May in the children's/YA segment was offset by gains in sales of adult books and college course materials, leading to total sales in the month holding even with 2022. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-19 04:00:00 UTC ]
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Last year, all of literature’s big prizes went to small publishers. In a risk‑averse climate, edgy debuts and ‘tricky-to-sell’ foreign titles have found a home at the likes of Fitzcarraldo Editions and Sort Of Books – and the gamble has paid offA quiet revolution is afoot in British publishing.... Continue reading at The Guardian
[ The Guardian | 2023-07-16 08:00:02 UTC ]
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Simon & Schuster imprint Gallery Books will publish 'The Woman in Me' on October 24. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-12 04:00:00 UTC ]
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This fall, Running Press cofounder Buz Teacher will release 'Among Friends,' a book featuring more than 100 personal essays by people who had a hand in shaping the book business in America in the latter half of the 20th century. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-07-10 04:00:00 UTC ]
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In his opening keynote at CONTEC Mexico, Hugo Setzer has encouraged publishers to join the SDG Publishers Compact and work together. The post CONTEC Mexico: ‘Is the Publishing Industry Sustainable?’ appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-07-05 19:17:56 UTC ]
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As ByteDance launches a publishing company, many in the book world wonder if it will create an uneven playing field by boosting its own authors at the expense of others. Continue reading at The New York Times
[ The New York Times | 2023-07-01 09:00:50 UTC ]
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Publishing industry sales couldn't keep up the pace in April, with all segments of the business but higher education suffering declines in the month. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-21 04:00:00 UTC ]
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After more than a decade at Amazon Publishing, Mikyla Bruder returns to lead Chronicle's art, entertainment, food and lifestyle, and children’s publishing groups. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-21 04:00:00 UTC ]
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PublisHer's Bodour Al Qasimi leads the opening of a Korean chapter in Seoul, advancing women 'without having to change who we are.' The post PublisHer Opens a Korean Chapter at Seoul’s Book Fair appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-06-20 20:19:45 UTC ]
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Obsessively scratching her scalp, while simultaneously chiding herself not to, Kendra Rae Phillips sits on a MetroNorth train anxious and jittery. She’s worried about being found, after being found out. Every lingering eye incites more sweat, and more scratching. Relief only comes when her train... Continue reading at Electric Literature
[ Electric Literature | 2023-06-19 11:07:00 UTC ]
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Forthcoming titles look at the powerful music of Billy Graham's crusades, the spiritual depth of Loretta Lynn's songs, and more. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-13 04:00:00 UTC ]
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The AAP StatShot figures for March 2023 arrive with trade revenues up 0.2 percent for the month of March, 1.1 percent year-to-date. The post March StatShot: US Book Industry Up 3.2 Percent Year-to-Date appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-06-09 16:06:34 UTC ]
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With oral arguments set for June 7 before a judge on the Fifth Circuit Court of Appeals, librarians and publishers have weighed in on a closely watched case in Texas concerning the banning of books in Llano County, Texas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-06-05 04:00:00 UTC ]
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In The Race to Be Myself, the Olympian athlete will detail her battle for permission to compete as a woman with hyperandrogenismStormzy’s #Merky Books is to publish Olympian Caster Semenya’s memoir this year.South African athlete Semenya, whose book is titled The Race to Be Myself, was just 18... Continue reading at The Guardian
[ The Guardian | 2023-06-02 12:52:34 UTC ]
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Still 8.6 percent above 2019's total revenues, the US market in 2022 was 2.6 percent below 2021's revenue level, the AAP reports. The post US Book Publishing Revenues in 2022 Were $28 Billion: AAP StatShot appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-05-31 20:54:37 UTC ]
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PEN America and publisher Penguin Random House filed a federal suit against Escambia County School District over its removal of books from school libraries. Continue reading at Los Angeles Times
[ Los Angeles Times | 2023-05-18 17:34:04 UTC ]
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Gains in religious and higher educational publishing offset dips in the trade segments in February, resulting in a 0.2% sales gain for the 1,240 publishers that report sales to AAP's StatShot program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-05-12 04:00:00 UTC ]
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Detention of publisher Li Yanhe in China for ‘endangering national security’ has sent chills through island’s literary communityIn a bookstore near one of Taipei’s leading universities, Zeng Da-fu and his wife work quietly into the evening. Zeng has run this store for decades, tucked in a... Continue reading at The Guardian
[ The Guardian | 2023-04-29 02:00:23 UTC ]
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Describing an 'inward-looking atmosphere,' panelists at London Book Fair explored the funding impact of Brexit on the literature market. The post At London Book Fair: Brexit and Creative Industry Funding appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2023-04-26 13:37:28 UTC ]
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