People want stories and that means cultivating a publishing ecosystem where big and small can flourishThis week both the UK’s Competition and Markets Authority and the Department of Justice in the US announced investigations into the planned $2.2bn acquisition of the publisher Simon & Schuster by Bertelsmann, which already owns Penguin Random House. The merger, if allowed, would see Bertelsmann have almost one-third of English-language book sales. The move follows a year when a population cocooned at home, reaching for comfort reading, inflated the profits of big publishers. Bloomsbury and Pan Macmillan recently announced that they would be returning furlough payments; HarperCollins did not take them.Many of the UK’s smaller publishers fared rather differently: a Bookseller survey last summer found 60% feared they would cease to exist by autumn. Indies tend not to have the backlists full of household names that, say, a Penguin has; they depend far more on serendipity, on a customer wandering into a shop intending to buy one thing but coming out with something else as well. This happens far less with online shopping; at least one publisher lost up to 90% in sales. Some also found it difficult to qualify for furlough. They took to social media to announce their plight, or to try new selling tactics; some crowdfunded; some received emergency Arts Council England cash. Many were dragged back from the brink, for which we should be grateful. Continue reading... Continue reading at 'The Guardian'
[ The Guardian | 2021-03-28 17:25:47 UTC ]
The founder and CEO of Bloomsbury Publishing has made no secret of his desire to expand in the U.S., and he succeeded extraordinarily in advancing that aim this year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-12-18 05:00:00 UTC ]
More news stories like this
White Nights, the author’s 1848 novella, sounds an unlikely candidate to go viral, but the story of lovelorn loneliness is now a favourite among TikTok and Instagram usersBeing popular on TikTok can make just about anything fly off the shelves, from beauty products to cucumbers, which became one... Continue reading at The Guardian
[ The Guardian | 2024-12-17 17:45:43 UTC ]
More news stories like this
The author will serve as editor-at-large of Monument Books, helping to find authors that champion ‘ideas, stories and culture, as well as uplifting or refashioning past legacies’Reni Eddo-Lodge, the author of the 2017 bestseller Why I’m No Longer Talking to White People About Race, has launched... Continue reading at The Guardian
[ The Guardian | 2024-12-16 17:04:41 UTC ]
More news stories like this
HarperPop “will partner with high-profile brands and personalities to craft unique books for their fans and communities” under a new imprint to be overseen by executives from HarperCollins Children's Books and Morrow’s Dey Street Books imprint. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-12-04 05:00:00 UTC ]
More news stories like this
A leader in lifestyle and guidebook publishing in Germany, Hamburg's Gräfe und Unzer is being acquired by Verlagsgruppe HarperCollins. The post Verlagsgruppe HarperCollins To Acquire Gräfe und Unzer appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-11-26 02:39:03 UTC ]
More news stories like this
Bloomsbury Opens an Audiobook Distribution Agreement With Spotify The post Bloomsbury Opens an Audiobook Distribution Agreement With Spotify appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-11-22 22:27:19 UTC ]
More news stories like this
Activist investor Starboard Value had challenged ownership structure, as Murdoch family controls 41% of company votesLachlan Murdoch faced down a shareholder vote on Wednesday aimed at weakening the Murdoch family’s control over their media empire.The activist investor Starboard Value had... Continue reading at The Guardian
[ The Guardian | 2024-11-20 18:57:31 UTC ]
More news stories like this
Some nonfiction backlist titles will be used to train artificial intelligence with authors’ permissionPublisher HarperCollins will allow some of its titles to be used to train AI models, with the permission of authors.The company “has reached an agreement with an artificial intelligence... Continue reading at The Guardian
[ The Guardian | 2024-11-19 16:24:59 UTC ]
More news stories like this
HarperCollins has become the first Big Five publisher to strike an AI licensing deal, which authors and agents appear to be approaching with caution, skepticism, and a measure of hope. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-19 05:00:00 UTC ]
More news stories like this
The Bookseller has selected six books for their 46th annual Diagram Prize shortlist for The Oddest Book Title of the Year, a prize they’ve been awarding since 1978. (According to Sarah Lyall, the prize began “as a way for Bruce Robertson, co-founder of the Diagram Group, an information and... Continue reading at Literrary Hub
[ Literrary Hub | 2024-11-18 19:09:25 UTC ]
More news stories like this
Chefs, writers, editors and a bookseller gathered to debate — and decide — which titles have most changed the way we cook and eat. Continue reading at The New York Times
[ The New York Times | 2024-11-15 10:03:24 UTC ]
More news stories like this
Bloomsbury Publishing has restructured its academic division, integrating teams from the recently acquired academic division of Rowman & Littlefield. The reorganization involved some layoffs. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-15 05:00:00 UTC ]
More news stories like this
Led by digital audiobooks, sales at HarperCollins rose 4% in the quarter ended September 30 over the comparable period a year ago, and profits jumped 25%. 'Hillbilly Elegy' by J.D. Vance sold 1.5 million copies in the quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-11-08 05:00:00 UTC ]
More news stories like this
LeasesPublishing house inks Midtown South leaseAddress: 1359 Broadway, ManhattanLandlord: Empire State Realty TrustTenant: Bloomsbury PublishingLease size: 24,209 square feetAsset type: OfficeBrokers: CBRE’s Paul Amrich, Neil King III, Emily Chabrier and Meghan Allen represented the landlord,... Continue reading at Crains New York
[ Crains New York | 2024-10-24 17:05:48 UTC ]
More news stories like this
Booming sales in its consumer division, driven by huge demand for books by Sarah J. Maas and the acquisition of the Rowman & Littlefield academic group, resulted in revenue jumping 32% at the publisher, with earnings doubling in the first half of fiscal 2025. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-24 04:00:00 UTC ]
More news stories like this
Artificial intelligence makers have faced a mountain of criticism for borrowing from the work of others to train its models. Now the world’s largest publishing house is taking steps to ensure its authors don’t have their work plagiarized in the name of progress. The Bookseller reports that... Continue reading at Engadget
[ Engadget | 2024-10-18 21:04:36 UTC ]
More news stories like this
Bloomsbury US is launching an in-house sales team for North America, selling all trade titles, including those published by its academic division, direct to national accounts. The team is headed by Sarah Rucker, who comes to the house from HarperCollins. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-15 04:00:00 UTC ]
More news stories like this