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Scholastic Says Profits Will Rise in 2010
Increased operating efficiencies, higher gross margins in its children's book business and $50 million in incremental revenue for its educational technology products will result in an additional $30 million to $70 million of operating income in fiscal 2010 that will bring it close to achieving an operating margin of 9%, Scholastic chairman Dick Robinson said in a conference call discussing fisc...
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Consortium Adds Five to the Fold
Consortium announced Wednesday that it is adding five publishers to its list, bringing the number of client publishers distributed this fall by the Minneapolis book distribution company up to 111 total.
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Attributor Adds Wiley
John Wiley has become the second book publisher to sign with Attributor, and will use Attributor’s online tracking service to help prevent unlawful use of its authors’ content on the Web.
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Amazon, Archaia To Release Kindle Graphic Novel
Although Amazon.com has published prose works exclusively on the Kindle before, in a first the online retailer has teamed with graphic novel publisher Archaia to publish Tumor, an original graphic novel by writer Joshua Fialkov and artist Noel Tuazon, initially in a digital edition formatted specifically for the Kindle; Tumor will be released serially on the Kindle before a hardcover print edition is published.
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Barnes & Noble Launches e-Book Store
Barnes & Noble made its long awaited entrance into the e-book market with an announcement late Monday afternoon of the launch of the Barnes & Noble eBookstore (www.bn.com/ebooks).
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Industry Begins Debate Over Removal of Kindle Titles
The industry continues to debate today what the implications for e-books are following Amazon’s decision on Friday to remove editions of 1984 and Animal Farm from Kindles. The company did so after it learned that the e-books were illegal copies.
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Stielstra to Publish Bob Garfield
Next month, Stielstra Publishing, Nashville will publish its first title: The Chaos Scenario by Bob Garfield. It’s an apt first effort from the house, which was co-founded by Greg Stielstra, the former v-p of marketing at Thomas Nelson who left in 2007 to start his own consulting business.
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Poptropica: Online Publisher for Kids
At a time when many children's book publishers and authors are looking to connect with kids online to market their print books, two-year-old Poptropica is doing the reverse. It is engaging with children through a virtual world, where it publishes original stories and comics. As a result, it also generates interest in using that content in print books.
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Uproar Over Amazon Retracting Select Kindle Editions
A storm is brewing in the Kindle Community forum about Amazon’s decision to remove e-book editions of George Orwell's 1984 and Animal Farm from customers’ devices.
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McGraw-Hill Education Reorg Cuts 340
As part of an overhaul if its elhi business, McGraw-Hill Education has eliminated 340 positions.
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HarperCollins and Jim Henson Partner on Sid the Science Kid Series
HarperCollins Children’s Books and the Jim Henson Company are launching a publishing program for Sid the Science Kid, based on the Emmy-nominated animated TV series that began airing on PBS Kids last fall. The books will feature full-color stills from the series and will launch in December 2009, with three titles targeting preschoolers ages three to six.
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Nonprofit Archipelago Books Needs Help
Forced to reduce staff and delay books because of the distressed economy, Brooklyn-based Archipelago Books, a small prize-winning nonprofit press specializing in literary translations, is reaching out to its supporters and the general reading public for donations to help it survive.
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Midpoint Inks Distribution Deal with Mark Joseph
Media personality Mark Joseph has signed a distribution deal with Midpoint for to release titles from his newly formed imprint, Bully! Pulpit Books.
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New York Center for Independent Publishing Looks for New Direction
A meeting of the NYCIP advisory council in late June discussed a number of ideas to move the NYCIP forward. The organization for indie presses has been floundering since executive director Karin Taylor left in February and a number of council members resigned.
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Restructuring Results in Smaller DK Publishing
Pearson is overhauling its DK and Rough Guides divisions in response to steady declines in the reference market, including travel publishing. As a result, Gary June, DK chief executive, is leaving the company to become chief marketing officer at Pearson's North American Education company, which is headed by Will Ethridge.
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Wiley Benefits From Diversification
As publishers look to diversify their content beyond books, John Wiley & Sons provides a blueprint of sorts in its recently released 10-k report filed with the Securities and Exchange Commission. In the fiscal year ended April 30, 2009, Wiley generated revenue, in addition to books, from journals, advertising, the sale of publishing rights, electronic publishing and assorted other sources.
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Free-For-All: Anderson, “Free” Book, Sparks a Backlash Online and Among Battered Media Industry
Under normal circumstances, the fact that Wired editor-in-chief Chris Anderson’s latest book, Free: The Future of a Radical Price, logged over 17,000 free views in a day on upstart “social publisher” Scribd would be the story. The real story, however, lurks in the comments left on the Scribd web site.
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Pocket in Seven-Book Deal for Zombies
Pocket Books has inked a deal with Permuted Press to publish seven of its titles about zombies.
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Graywolf Press Heading to New Offices
The literary nonprofit is moving from St. Paul to new offices in Minneapolis.
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Random House Unveils 'Lost Symbol' Jacket
Biding its time to the big September 15 publication of Dan Brown's long-awaited follow-up to The Da Vinci Code, Random House is slowly releasing tidbits about the heavily guarded book. Today it unveiled the new jacket for the book, along with scant plot details.
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