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Books Flat at Hastings
Same store sales at Hastings Entertainment increased just 0.2% in the first quarter ended April 30.
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Amazon Launches Publishing Program
In its first significant foray into publishing, Amazon has acquired world English rights to a self-published novel by a midwestern teenager called Legacy. The acquisition marks the first for the company under its newly launched AmazonEncore program.
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Starbucks Picks 'Crazy for the Storm'
The next selection in Starbucks’s book program will be Crazy for the Storm: A Memoir of Survival by Norman Ollestad, which Ecco will publish on June 2.
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First Quarter Loss at Bertelsmann
The parent company of Random House had a 7% revenue decline and a loss of 78 million euros.
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Kindle DX: Bigger Screen, Higher Price, Many Questions
Ending a week of heavy media speculation, Amazon.com CEO Jeff Bezos unveiled the new, larger-format Kindle DX in front of about 200 journalists and camera crews at Pace University in lower Manhattan. Using a giant projection screen, Bezos delivered a presentation on the Kindle DX, which is essentially a Kindle 2 with a bigger, 9.
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The E-book Pricing Conundrum
With the industry intently focused on Amazon and its further expansion into the digital reading space—see p. 5 for more on the release of the Kindle DX—the price for e-books and how profits on them are broken down continues to be a hot topic among publishers, authors and agents. Currently, publishers make as much money on Kindle editions as print editions, since Amazon, the largest ...
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Alibris Expanding Distribution Services
Alibris is ramping up a program that has been gaining momentum since it was first launched 18 months ago. Alibris Distribution Services aims to help booksellers and publishers that want to liquidate excess inventory, but don't want to put the resources into selling the titles online themselves. Under what Alibris CEO Brian Elliott called a consignment program, ADS provides cataloguing, pricing,...
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HBG to Distribute Hachette UK Titles in Canada
Beginning January 1, Hachette Book Group USA will take over distribution of Hachette UK’s titles into the Canadian market.
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Little, Brown Announces Twilight Publishing Schedule
More titles set for the mega-selling Twilight books.
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Perennial Gets Innovative with 'Love' Campaign
Harper Perennial, as part of a creative partnership that grew out of a multi-book deal with brand managers/gallery owners Partners & Spade, is getting innovative with a publicity campaign for its May short story collection, Love Begins in Winter.
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Simon & Schuster Has Rough First Quarter
Sales at Simon & Schuster fell nearly 20% in the first quarter and the company had a net loss of $2.1 million. Frontlist and backlist sales were both lower, although e-book sales jumped and several new authors hit the bestsellers list.
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Charges Result in $38 Million Loss at HarperCollins
A one-time charge of $30 million resulted in a $38 million loss in the third quarter ended March 31 at HarperCollins. Sales in the period fell 19.5%, to $243 million.
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Harlequin Has First Quarter Gains in Sales, Earnings
Harlequin had a 13.5% sales increase in sales and a 19.1% gain in earnings in the first quarter. Results were aided by a weaker Canadian dollar and gains in digital sales.
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Marvel Publishing Dips in Quarter; Expects Better Second Half
Publishing sales and profits fell at Marvel in the first quarter, but improvement is expected in the second half of 2009. The entire company had a good quarter driven by higher licensing and film revenue.
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Independent Publishing: New Harbinger's New Context
At a time when many businesses are retooling and often retrenching, New Harbinger Publications is expanding and acquiring. On May 1, the independent press, known for its self-help, psychology and health titles, toasted not only the opening of its second building across the street from its original Oakland, Calif.
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Norton Deal Part Of New Push for Dalkey Archive
With an expanded list that includes more high-profile books, Dalkey Archive Press has signed on with W.W. Norton to take over distribution for the nonprofit press at the University of Illinois in Champaign, Ill. Martin Riker, associate director of Dalkey, had headed Dalkey's in-house sales effort (with fulfillment through University of Nebraska Press), but said the move to Norton will get the p...
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Penguin, Hachette Gained in Tough 2008
Despite a weak economy, the five largest American trade publishers generated revenue of $4.60 billion in 2008, according to PW's ranking of the major houses. Although three of the five publishers are owned by foreign companies, the American market is still key to the overall performance of the big five publishers.
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Profile: Charlie Winton
Since Charlie Winton's career in publishing has been based on nontraditional business models, it's no wonder that two of his most profound inspirations have been the Grateful Dead and Grove Press's controversial founder, Barney Rossett. Winton, who began in publishing right out of the M.B.A. program at Stanford University, started Publishers Group West in 1976 and over the years formed Avalon P...
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Wisconsin Historical Society Press on Record Pace
The Wisconsin Historical Society Press should top $1 million in sales for the first time this fiscal year.
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Chicago Review Press's 'Excellent Adventure'
The author of Harry Truman's Excellent Adventure not only traces the former president's 2,500 mile cross-country trip after leaving office in his book, but in his tour as well.
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