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New Study: 55% of YA Books Bought by Adults
More than half the consumers of books classified for young adults aren’t all that young. According to a new study, fully 55% of buyers of works that publishers designate for kids aged 12 to 17 -- nicknamed YA books -- are 18 or older, with the largest segment aged 30 to 44, which alone accounted for 28% of YA sales. And adults aren’t just purchasing for others -- when asked about the intended recipient, they report that 78% of the time they are purchasing books for their own reading.
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Tracking Amazon: HarperCollins Explores New E Prices
HarperCollins announced earlier this week that it had reached new sales terms with its e-tailers, and by September 13 nearly all HC e-books had been dropped to $9.99 across all platforms.
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'No Easy Day' Sees Huge Sales, Topples 50 Shades
No Easy Day sold 253,000 copies in its first week on sale, according to Nielsen BookScan. The numbers were more than enough to place it at #1--it sold nearly three times as many copies as Fifty Shades of Grey, the #2 overall book with 86,000 copies sold.
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Hachette Moves Toward E-Book Agreement
The 30-day window to reach new sales terms for e-books, given as part of the Department of Justice's settlement with HarperCollins, Hachette Book Group, and Simon & Schuster, has already seen HarperCollins reach new e-book agreements with its e-tailers. Now, Hachette has released a statement on the issue.
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Pietsch Succeeding Young as CEO of HBG
Michael Pietsch is taking over at Hachette Book Group. The publisher announced today that Pietsch will be succeeding David Young as CEO of the U.S. division of the publisher.
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Berkley Launching Graphic Novel Imprint, InkLit
Penguin's Berkley/NAL division is starting a graphic novel line called InkLit to be directed by Rich Johnson, co-founder of Yen Press and former v-p of trade book sales at DC Comics.
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Tracking Amazon: Kindle Bestsellers Are Big Names & Low Prices
Unlike the bestselling print titles, which are almost exclusively big names, the bestselling Kindle titles are an even mix of bestselling names and low-priced titles.
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News Briefs: Week of September 10, 2012
Amazon Reveals New Kindle Tablets and more
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Weldon Owen Adds Publishing To Its Packaging Credentials
It’s been six years since the privately held Swedish media company Bonnier acquired Weldon Owen, the San Francisco company known for its packaging program built for retail clients as diverse as Williams-Sonoma and Hallmark. In that time, said Terry Newell, CEO and president of Weldon Owen—now the American subsidiary of its parent—the internal energy and changes have made it feel like being part of a “25-year-old startup.”
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Amazon Launches Ian Fleming's Bond Store
Amazon Publishing has announced the store launch for “Ian Fleming’s James Bond” and the pre-order availability of new editions of Ian Fleming’s 14 original James Bond novels, which will publish on October 16, 2012.
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Tracking Amazon: Five Preorders Dominate Bestseller List
On the morning of September 7, five preorder books made it into Amazon's top 20 bestselling books.
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Avon Launches New User-Generated Website
Avon has lauched AvonRomance.com, a romance community Website that aggregates online content, spotlighting an array of user-generated posts and commentary.
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St. Martin's Press Partners with CoverCake
CoverCake's platform provides analytics on book trends, conversation detail, category data and key influencers.
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Marilyn Ducksworth Files Age Discrimination Suit Against Penguin
Marilyn Ducksworth, longtime director of corporate communications for Penguin Group USA, has filed an age discrimination lawsuit against her former employer in New York Supreme Court.
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Film Exec Joining Hyperion In New West Coast Post
Laura Hopper is joining Hyperion in the newly created position of editorial director of franchise publishing.
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HarperCollins Launches Mystery Line Bourbon Street Books
HarperCollins has launched a new line of paperback mystery novels under the banner of Bourbon Street Books.
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