book business

LA Times Debates Publishing

The LA Times held a panel this past week on the issue of publishing. The panel, moderated by the Times book editor David Ullin, included former PW editor-in-chief, publishing consultant and author of So Many Books, So Little Time Sara Nelson; Richard Nash, former head of Soft Skull Press; Otis Chandler, founder of the Goodreads(…)

Why the Lack of a Jeff Bezos Dooms Mainstream Publishing

see more Lolcats and funny pictures Alternatively, I suppose you could title this piece How Jeff Bezos Pwned Publishing.   A few weeks ago, a number of mainstream publishers attended  SXSW, a festival of music and media culture.   SXSW is peopled with macbooks and iphones and music fans.   SXSW started out as a musical festival and has(…)

Penguin Posts Record Profit in Down Economy

Nearly every segment of Penguin publishing showed improvement in 2008 helping the company achieve a growth of 26% over 2007 and a profit margin of 10.3%. Sales were up 3% not withstanding the increased value of the dollar. Penguin had one or more #1 New York Time Bestseller 94% of the year, their authors brought(…)

Publisher Imprint Poll

[poll id="159"] Some of the comments to the giveaway for Berkley and ACE/ROC made me wonder how loyal we are to certain imprints.   I remember when I first started reading, I would always look for the little kangeroo because Pocket published Julie Garwood, Judith McNaught, Jayne Ann Krentz, Jude Deveraux and the like.    Penguin(…)

HarperCollins Closes “Collins” Branch and Layoffs Are Ensuing

Twitterers broke the news this morning that HarperCollins layoffs are occurring right now. No names have been released yet. Following on the heels of two dismal quarters, this should come as no surprise. Harper is also closing the “Collins Division.” According to PublishersMarketplace, the Collins’ imprint president and publisher is leaving as well as the(…)

Magazine and Book Distributor Suspending Normal Business Activities

Anderson News announced last month it would charge 7c per copy to the publisher for the distribution of magazines and books. Publishers balked and refused to ship the content to Anderson News. Now Anderson News has suspended “Normal Business Activities.” The distributor services 40,000 outlets including 2300 Wal-mart stores. Most reports speak only about the(…)

Samhain and Kensington Publishing Co Venture Axed

It was over a year ago, I think, that Samhain and Kensington announced that Samhain would produce a mass market imprint under the Kensington flag. Lynne Connolly broke the news that the venture is no longer going forward: “By mutual agreement Kensington and Samhain have dissolved our co-venture agreement. Current circumstances being what they do(…)

Kensington Editor Leaves, Aphrodisia Cut in Half

Hilary Sares, a Senior Editor for Kensington, has left.   Sares acquired books for Aphrodisia, Brava, and Zebra; but was primarily responsible for the Aphrodisia line.  Whether this is a voluntary separation or a layoff is unknown.   Her main line, Aphrodisia, is being cut in half  .   Note: Jessica Faust, the blogger-agent at Book Ends blog, has since(…)

What an eBook File Should Contain

What an eBook File Should Contain

Before I get to the topic of the day, I want to briefly address DRM. eBook consumers HATE DRM. It turns honest customers into criminals as we strip the DRM of digital files to make sure that we can read on the digital device of our choice. It increases the cost of digital publishing. It(…)

Lois McMaster Bujold’s Book Not Stocked In Borders Stores

According to Lois McMaster Bujold’s Myspace page  , Borders has decided not to stock Horizons  in the store. It will be available online only.   This is really sad because I think that Bujold is an author that really deserves a broader audience.   This will obviously not help. It’s hard to say what is the decision behind this.(…)

Why ePublishing Needs to Grow Up

Why ePublishing Needs to Grow Up

With the book industry suffering from the recession despite the seemingly erroneous claims that books are recession proof, it’s with little dismay that I look to the one part of the industry that is actually experiencing growth.   It is, of course, ebooks.   According to the November AAP numbers, every category of retail book business suffered(…)

Update on the Hachette eBook Situation or Retailers Behaving Badly

First, a mini lesson in copyright and distribution. When authors sell the distribution rights to their book, they are actually selling the right to print, publicize, and sometimes digitally distribute the work in certain geographical territories. The author (via her agent usually) sells the right to publish the work in specific formats; sometimes one publisher(…)

Juno to Become Imprint of Pocket

A notice at Lori Devoti’s blog indicates that Juno Press is to become an imprint of Pocket books. The post says that the existing acquiring Juno editor, Paula Guran, will be working with Jennifer Heddle of Pocket. I’m not sure whether this is merely a distribution deal like the one Pocket has with Ellora’s Cave(…)

Thursday Links of Love

Six degrees of separation theory was a fraud.   Stanley Milgram, a controversial psychologist, coined this term after asking “people to give a letter to other people they knew by name, then he tracked how long it took for each letter to end up in the hands of a person the original sender didn’t know in(…)

Breaking: The Sky Is Falling. Will Publishing Innovate or Deteriorate?

more animals I’m worried, readers. I am worried about publishing as a business. My worries do not stem from used sales. My worries do not stem from piracy of digital books. My worry is that publishing will not take this opportunity to innovate. Anita Elberse’s article in the Wall Street Journal only increases my concerns.(…)