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Selleck and Eulau Up at S&S, Norton to Depart
Incoming S&S CEO Carolyn Reidy has promoted Michael Selleck and Dennis Eulau to top spots at the company, and Larry Norton, president of the sales and distribution division will leave the company at the end of the year. Selleck will assume most of Norton's duties.
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Court Approves Perseus Bid for PGW Name, B&T Payment to AMS
Perseus Books Group's offer to acquire the PGW name and office leases in Berkeley and New York was approved this morning by the bankruptcy court judge. The court also signed off on the settlement between Baker & Taylor and AMS over B&T's final payment to AMS.
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Nextbook Gets Virtual With B&N
Adding to its new online bookclub offerings, Barnes & Noble has teamed with Nextbook to create a Jewish-themed group.
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HarperCollins Launches Site for Author Web Pages
In an effort to make more appealing and easier-to-maintain author Web sites, HarperCollins has established a pilot site called AuthorAssistant that allows authors to easily create, and control, their own Web page.
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Borders Sells U.K. Group to Equity Firm
Borders Group has sold its U.K. book division to Risk Capital Partners for £10 million in cash, a stake in the new company and incentives which could bring another£10 million. The sale is the first to be completed as part of the retailer's strategy to divest most of its international holdings.
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Self-Pub Pickup
Indie Monkfish Book Publishing of Rhinebeck, N.Y., publisher of science, spiritual and metaphysical titles, celebrated its fifth anniversary last month. A milestone, for sure, but six months before, when publisher Paul Cohen and his partner, Georgia Dent, who handles design and publicity for the press, entertained ways to generate more revenue, the idea of self-publishing came up.
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Good Gains for Holtzbrinck
Total revenue at Germany's privately held Holtzbrinck rose 7.5% in 2006, to 2.24 billion euros ($3 billion), and operating EBITDA (earnings before interest, taxes, depreciation and amortization) increased 10.0%, to 206.6 million euros ($275 million). Sales in the consumer book group—which in the U.
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Wisconsin Bookstore Offers Retreat
Harry W. Schwartz Bookshops has begun promoting its second Reader's Retreat. Last year's first event drew 100 people, and the store expects as many as 225 readers to attend this year's, which is being held in conjunction with Penguin.
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Gomez Named to Online Spot at Penguin
Penguin Group USA lured away Holtzbrinck Internet marketing guru Jeff Gomez to head its online consumer sales and marketing effort.
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B&N Produces Music CDs for Exclusive Sale
Barnes & Noble is taking a page from Starbucks' Hear Music playbook as it ventures into the music industry this week by co-producing a pair of CD music compilations that will be sold exclusively at B&N stores and online. The bookseller’s first two CD releases (on the new label bigHelium Records) are Sunday Music 1 and Sunday Music 2.
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Holtzbrinck Posts Sales Hikes
Total revenue at Holtzbrinck rose 7.5% in 2006, to 2.24 billion euros ($3 billion), according to a recent post on the privately held German publisher’s Web site.
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Holtzbrinck Podcasting for Profit
Holtzbrinck has established an online network dedicated to downloadable audio snippets dubbed Quick and Dirty Tips. The move marks the first attempt by a publisher to establish a money making podcast business.
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Cash Succeeds Griffin at Holiday House
Holiday House has named Mary Cash its new editor-in-chief, succeeding Regina Griffin who is leaving the company.
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Reidy Ready to Run S&S
CBS CEO Leslie Moonves said he expects a smooth transition over the next several months as Jack Romanos turns over the CEO duties at Simon & Schuster to Carolyn Reidy, who has headed the publisher's adult publishing group since 2001. With S&S currently enjoying a run of several highly profitable years, Moonves said continuity was important in the selection of Reidy.
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Amazon Tries Self-Publishing
Amazon's launch last month of the online self-publishing service Books on Demand (PW, Aug. 13) is the most recent example of how the e-tailer is leveraging several existing divisions and programs to create a business in a new market. Although it's part of Amazon's CreateSpace division, Books on Demand has ties to Amazon's POD publisher BookSurge as well as to the company's Content Acquisition Program.
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Akashic Takes Black Goat
Poet and novelist Chris Abani has found a new home for Black Goat, the poetry imprint he founded in 2004 and continues to direct. Originally launched under California-based Red Hen Press, Black Goat is now an imprint of Brooklyn indie publisher Akashic Books, the house that published Abani's novella Becoming Abigail and his forthcoming novella Song for Night.
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AuthorHouse Acquires iUniverse
AuthorHouse, the Bloomington, Ind-based self-publisher backed by the private equity firm Bertram Capital, has acquired competitor iUniverse.
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Rodale and Al Gore Team Up for New Book in Spring ’08
Rodale hopes to duplicate the success of An Inconvenient Truth with The Path to Survival.
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Is Borders at a Tipping Point?
Borders Group CEO George Jones used the strong revenue gains posted by the retailer in the second quarter to tout the progress the company has made to analysts in Borders's quarterly conference call. Among the signs of improvement Jones pointed to were the retailer's first positive same-store sales at Borders superstores in a year (0.
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Columbia U Press and Columbia B-School Form Imprint
Columbia Business School and Columbia University Press have joined forces and will begin publishing under a new imprint, Columbia Business School Publishing, in October. The imprint will publish books, cases, periodicals and other works in finance, economics and other areas of business scholarship.
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