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Audiobook publisher RBmedia to be sold

Monday, 31 July 2023
In the US, private equity firm KKR is selling the audiobook publisher RBmedia to investment firm H.I.G Capital, reports Publishers Weekly. RBmedia is reportedly being sold for more than US$1...

Lagardère Publishing sales grow 2.5% in first half

Friday, 28 July 2023
Hachette parent company Lagardère Publishing’s sales grew 2.5% in the first six months of 2023, while higher costs pushed profits down, reports Publishers Weekly. Lagardère’s recurring EBIT (earnings before interest...

Kingsolver, Pinkckney win James Tait Back Prizes

Thursday, 27 July 2023
In the UK, Barbara Kingsolver and Darryl Pinckney have been awarded the James Tait Black Prizes for fiction and biography respectively. Kingsolver was awarded the fiction prize for Demon Copperhead...

Scholastic revenue up 4%

Tuesday, 25 July 2023
Scholastic revenue grew 4% in the year ending 31 May, according to its fiscal 2023 report. Scholastic report revenue of US$1.7 billion (A$2.5b), up from US$1.6 billion (A$2.4b) in 2022....

HarperCollins US shuts down YA imprint

Friday, 21 July 2023
HarperCollins US will shut down its YA imprint Inkyard Press, with a number of staff to be laid off on 1 August, reports Publishers Weekly. Inkyard Press, which operated under...

ByteDance’s new publishing arm begins approaching authors

Thursday, 20 July 2023
8th Note Press, the new publishing arm of TikTok parent company ByteDance, has begun approaching authors with publication offers, reports the Bookseller. As previously reported by Books+Publishing, ByteDance filed a...

Layoffs at PRH US

Wednesday, 19 July 2023
In the US, Penguin Random House (PRH) has confirmed in a letter to staff it has made a number of layoffs in addition to its previously announced voluntary redundancy plan,...

Inaugural UK BookTok awards shortlists announced

Tuesday, 18 July 2023
In the UK, the shortlists for the inaugural TikTok Book Awards UK and Ireland have been announced, reports the Bookseller. In contention for BookTok book of the year are Honey...

Waterstones debut fiction prize shortlist announced

Monday, 17 July 2023
In the UK, the shortlist for the Waterstones Debut Fiction Prize, worth £5000 (A$9570), has been announced, reports the Bookseller. The six titles shortlisted for the award are: Wandering Souls...

Harlequin to introduce TikTok-inspired imprint

Wednesday, 12 July 2023
In the US, Harlequin will launch a new imprint, Afterglow Books, reports Publishers Weekly. Harlequin said the imprint will ‘build upon the popularity of TikTok's #spicytok content’, and target contemporary...

US book sales down 2.7% YTD

Tuesday, 11 July 2023
In the US, book sales in the first half of the year were down 2.7% compared to the same period last year according to data from Circana BookScan, reports Publishers...

UK indie publishers make more than half of sales overseas

Monday, 10 July 2023
British independent publishers are generating more than half their revenue from overseas, the Bookseller reports. The 2023 Independent Publishing Report, from industry group the Independent Publishers Guild (IPG), found that...

German book market slightly down in 2022

Thursday, 6 July 2023
Sales of books in Germany fell 1.9% in 2022 compared to the previous year, reports Publishing Perspectives. Germany’s publishers and booksellers association, Börsenverein, reported that turnover for the year totalled...

French book sales drop 5.4%

Tuesday, 4 July 2023
Sales by French book publishers fell 5.4% in 2022, to a total of €2.9 billion (A$4.7b), reports the Bookseller. The number of books sold fell 7.7% to 448.5 million, according...

200,000 attend first in-person Beijing fair since 2019

Monday, 3 July 2023
Around 200,000 visitors attended the 29th Beijing International Book Fair (BIBF), which ran from 15–18 June, reports Publishing Perspectives. This year’s fair was the first in-person event since 2019, when...

UK gov to consult on PLR scheme

Friday, 30 June 2023
The UK government has launched a consultation into its Public Lending Right (PLR) scheme, which provides authors with up to £6,600 (A$12,570) from loans of their books from libraries in...

Jamaican author McPherson wins Commonwealth Short Story Prize

Wednesday, 28 June 2023
Jamaican writer Kwame McPherson has been named the overall winner of the 2023 Commonwealth Short Story Prize for his story ‘Ocoee’. ‘Oocee’ interweaves Caribbean folklore and stories from African-American history....

BookTok drives UK export sales to Europe

Tuesday, 27 June 2023
In the UK, the Publishers Association’s (PA) Year in Publishing Report for 2022 showed the export market was a ‘huge’ factor in last year’s industry growth, with an 8% rise...

New bid for S&S

Friday, 23 June 2023
Simon & Schuster (S&S) has received a buyout bid from investor Richard Hurowitz, with backing from Abu Dhabi sovereign investor Mubadala Investment Company, reports the Wall Street Journal (WSJ), citing people familiar with...

Ros, Zdung win Yoto Carnegie medals

Thursday, 22 June 2023
In the UK, the winners of the Yoto Carnegie medals for writing and illustration for children and young people have been announced. Welsh author Manon Steffan Ros won the Yoto...

US children’s literature diversity on the rise 

Friday, 16 June 2023
In the US, 40% of 2022 children’s book released had a Black, Indigenous and People of Colour (BIPOC) author, illustrator or compiler, a new report has found, reports Publishers Weekly. The...

Gilbert withdraws Russian-set novel from publication

Wednesday, 14 June 2023
US author Elizabeth Gilbert is pulling her novel The Snow Forest from publication, in response to a backlash from Ukrainian readers unhappy about the book being set in Russia, reports...