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Earnings Up at Wiley; Changes Planned
Although total sales for the fiscal year ended April 30 were below expectations, profits rose at John Wiley for the full year. Sales increased 2%, to $1.78 billion and operating income rose 13%, to $280.4 million.
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DoJ Trial Could Start Next March
Motions made late last week pertaining to lawsuits filed against Apple and five publishers over e-book price fixing charges indicate that a trial in the Department of Justice case could go to trial next March.
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In Holtzbrinck Reorg, Sargent Named Head of Global Trade
The von Holtzbrinck Group, which has organized its international publishing operations along geographic lines, will now operate along publishing segments. Under the restructuring, announced today, Macmillan U.S. CEO John Sargent has been appointed head of the global trade division.
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Tracking Amazon: Bezos Gives 'Flat-Out Love' Front Page Hype
Flat-Out Love, priced at $3.99, is quickly rising up the Kindle charts thanks to its front page placement--in the morning hours of June 18, the title has jumped to #641--climbing over 300 spots in one hour.
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News Briefs: Week of June 15, 2012
EDC Earnings Up, Sales Down and more
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Publisher Twitter Followings Explode
After posting significant gains in 2011, the 16 publishers highlighted in PW’s annual Twitter snapshot all continued growing in 2012, showing that the book activity on the social media platform is still increasing substantially. All told, the total number of Twitter followers across all 16 publisher accounts increased 101%, to 755,142 followers combined. Between 2009 and 2012, the publishers tracked by PW have added 717,018 followers.
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Podcast: PW's Week Ahead for Friday, June 15
Google learns how to say "opt-in" -- en Francais -- when it comes to the scanning of copyrighted books. Meanwhile, Barnes & Noble cracks open the legal books and cites the Tunney Act to label the proposed Dept. of Justice settlement with publishers in the Apple price-fixing case as not in the public interest. Listen here.
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Triumph Scores With Stanley Cup Instant Book
On June 11, the Los Angeles Kings defeated the New Jersey Devils to win the coveted Stanley Cup. Less than three days later, Triumph Books released in collaboration with the Los Angeles Times a full-color book celebrating the team’s victory.
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Tracking Amazon: Brain Books Take Over
Three of the top four Movers & Shakers on Amazon as of the morning of June 15 were "mind" books--advice books about how to better harness your brain for better living.
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'Wild' Starts to Climb
Cheryl Strayed’s Wild: From Lost to Found on the Pacific Crest Trail, received a solid boost in print sales after it was announced over the first weekend in June that the title had been picked as the first selection in Oprah Winfrey’s new Oprah’s Book Club 2.0.
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Regnery Goes One-Two in Nonfiction
The Amateur, by Ed Klein and released by Regnery May 1, moves to the top of the hardcover nonfiction list this week, while The Great Destroyer debuts at # 2.
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Hachette Launching New Fiction Imprint, Redhook
Hachette is launching a new commercial fiction imprint called Redhook within its Orbit division.
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Tracking Amazon: 'Fermentation' Gets NPR Spike
The Art of Fermentation: An In-Depth Exploration of Essential Concepts and Processes from Around the World by Sandor Ellix Katz (with a foreword from Michael Pollan) made the leap to #34 from #481.
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Perseus Moving to New NYC Offices Later This Month
The Perseus Book Group is gearing up to move its New York City offices into one location at 250 W. 57th St. by the end of the month.
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Scholars Join Fight To Save University of Missouri Press
The battle to save the University of Missouri Press continues to heat up. In addition to a Facebook page and online petition, the latest salvo comes from 10 acclaimed scholars who issued a joint statement in support of the press’ importance to their work.
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Pynchon Comes to E
Penguin Press will bring all seven of Thomas Pynchon's novels and his story collection to e-readers beginning June 13.
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Tracking Amazon: Kindle's Mixed Bag Pricing
If you're looking for any sort of trend at the top of the Kindle bestseller list, don't look at pricing. The top 25 bestsellers have prices ranging from $1.99 to $29.99 (The Fifty Shades trilogy bundle) and everything in between.
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Call for Information – Reminder
PW’s fall/winter First Fiction feature is running in our July 23 issue; the deadline for publishers’ submissions is Thursday, June 14. The Call for Information is in our May 28 issue (p. 8); send all info and galleys, if available, to Dick Donahue (ddonahue@publishersweekly.com).
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Fifty Shades Gets Repped by Caroline Mickler Ltd.
Caroline Mickler Limited has been appointed master licensing agent for Fifty Shades of Grey, making it responsible for building the program in the U.K. and working with the brand owner to appoint agents for territories worldwide.
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Tracking Amazon: Political Books Rise
Four political books were in Amazon's top 20 bestsellers as of the morning of June 12.
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