HC Completes Nelson Deal
After a lengthy review, HarperCollins completed the purchase of Thomas Nelson, a move that will bring the two largest religion publishers under the same owner.
BEA Moved Up A Week
Next year’s BookExpo America will take place a week earlier than initially planned. The 2013 trade show is now set to run at New York City’s Javits Center on Thursday, May 30–Saturday, June 1. Conference Day will take place on May 29.
Booksellers Say No to New Harvest
As the first New Harvest titles approach their pub dates, a survey of booksellers found they have become more entrenched about their decision not to carry the books that have been published by Amazon in the e-book format and are now being sold by Houghton Mifflin Harcourt in print.
No Amazon, No Problem for EDC
In its first full quarter since it decided to stop selling its titles through Amazon, Educational Development Corp. reported that sales for the period ended May 31 rose 5%, to $6.6 million, while net earnings increased 17%, to $350,200. The sales increase was driven by an 11% gain in its home business division, which has more than 6,100 home-based reps who sell the Usborne line of books.
Holton to Head Classroom Inc.
Veteran children’s book executive Lisa Holton will become president of Classroom Inc. on July 23. The New York–based nonprofit organization’s mission is to close the achievement gap for low-income adolescents by using technology and the world of work to engage, teach, and inspire. Since 1991, Classroom Inc. has served 700,000 students across the country. Holton was most recently the founder and CEO of the digital development studio Fourth Story Media.