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Torstar/Harlequin 2009 Book Revenues Rise to C$493.3M
Harlequin parent company Torstar Corp., reported overall book publishing revenues of C$493.3 million for the year ending December 31, 2009, an increase of C$20.4 million from the C$472.9 million reported in 2008.
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Harper, Zora Neale Hurston Trust Ink New Exclusive Deal
HarperCollins and its Harper Perennial imprint have reached agreement with the Zora Neale Hurston Trust that will allow the publisher to continue as the exclusive publisher of Zora Neale Hurston’s adult backlist for the next decade.
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Random House Forms Digital Leadership Team
In memos distributed to Random House employees Thursday, chairman Markus Dohle and Madeline McIntosh, president of sales, operation and digital, detailed new plans for the publisher's digital operation while also announcing new homes and leadership for the audio and information group units that had been part of the old Crown Publishing Group.
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Vancouver Company Buys Penguin UK Imprint
Vancouver-based SpiceBox Product Development has purchased the Penguin Group U.K. imprint The Book Studio and will merge it with its existing operations in Canada.
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Riggio: Barnes & Noble to Become E-Commerce Retailer
Barnes & Noble CEO Steve Riggio told analysts that with its investment in digital technologies early success of the Nook, 2010 is shaping up to be a watershed year in which the retailer tranisitions into a e-commerce retailer.
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Common Sense Raises Issues at B&N
When Barnes & Noble announced earlier this month that it was going to add Common Sense Media's ratings of children's books, movies, games, and music on its Web site, few gave it much thought. After all, the book retailer already includes customer reviews, reader ratings, and editorial reviews such as those that appear in Publishers Weekly. But ever since YA author Sarah Dessen raised the subject of Common Sense's ratings on her blog last Thursday, the blogosphere has started to light up.
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College Stores, Nook Offset Weak Trade Sales at Barnes & Noble
Boosted by the acquisition of Barnes & Noble College Booksellers and sales of the Nook, total revenue at the retailer rose 33%, to $2.17 billion, for the third quarter ended January 30. Net income slipped to $80.4 million from $81.0 million in the comparable period in fiscal 2009.
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Holt to Correct 'Last Train from Hiroshima'
After confirming that author Charles Pellegrino was indeed deceived by one of his sources, Henry Holt announced Monday afternoon that it will correct all future editions of the Last Train from Hiroshima.
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McGraw-Hill Starts Selling Chapters
McGraw-Hill professional announced this morning that it has begun selling chapters from a variety of its books in a program it is calling Select: eChapters in an Instant.
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Macmillan Debuts Interactive Digital Textbook Platform
Macmillan is launching, Dynamic Books, a new digital publishing platform and line of interactive digital textbooks that can be freely customized by professors, downloaded or accessed online or purchased in print-on-demand print editions.
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Five Stones Press Launches With Innovative Business Model
Despite the combination of a fragile economy and a roiling publishing industry, people continue to launch presses, although some are doing so by creating innovative business models to minimize their financial risk.
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Sales, Earnings Off at Simon & Schuster
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Jim Lee, Dan DiDio Named Copublishers of DC Comics
DC Entertainment has named acclaimed comics artist Jim Lee and DC Universe senior v-p and executive editor Dan DiDio as copublishers of DC Comics, the comics division and publisher of Superman, Batman, and other classic comics characters.
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Glenn Beck Helps Turn Anarchist Book Into Bestseller
The old saw that there is no such thing as bad publicity could be behind the success of The Coming Insurrection, written by an anonymous group that goes by the pen name the Invisible Committee.
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B&N Board Rejects Burkle Request to Drop Poison Pill
Barnes & Noble’s board has rejected the request of investor Ron Burkle to remove its poison pill provision and allow him acquire up to 37% of the national bookstore chain.
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S&S Debuts Digital Author Widget
S&S has developed an author widget that will display information on all the books of an S&S author, and is using its recently launched business Web site, simonandschuster.biz, to distribute the software.
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Raj Patel: Promo of the Gods or False Idol?
Raj Patel, author of The Value of Nothing: How to Reshape Market Society and Redefine Democracy (Picador), was named by an obscure religious group called Share International as its messiah Maitreya, or World Teacher.
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Yaged to Leave Disney
Jonathan Yaged, v-p and U.S. publisher of the Disney Book Group, has been named chief operating officer of House Party, a consumer activation and experiential marketing company. Yaged has been with Disney since 2000, when he joined as director of business affairs.
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Penguin to Offer Digital Catalogs
Beginning in March, the Penguin Group will begin making its catalogs available digitally starting with its fall 2010 catalog.
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B&T, Author Solutions Ink TextStream POD Deal
Print and digital wholesaler Baker & Taylor has reached an agreement with self-publishing house Author Solutions to provide print services for its authors through TextStream, B&T’s print-on-demand and short-run printing service.
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