PRH profits, revenue up 6.2% in 2019
Wednesday, 25 March 2020
Penguin Random House (PRH) revenue and profit was up 6.2% in 2019, according to parent company Bertelsmann, reports the Bookseller. The publisher’s revenues increased 6.2% to €3.64 billion (A$6.6b), with...
Luiselli becomes first woman to win Folio Prize
Tuesday, 24 March 2020
In the UK, Mexican novelist Valeria Luiselli has become the first woman to win the £30,000 (A$59,470) Rathbones Folio Prize for her novel Lost Children Archive (Fourth Estate). Lost Children...
UK trade launches emergency funds for authors, bookshops
Monday, 23 March 2020
In the UK, the Society of Authors (SoA) has launched an Authors Emergency Fund, while the Bookseller’s Association (BA) will donate £30,000 (A$60,520) to the Book Trade Charity to support...
US print book sales down 10% last week
Friday, 20 March 2020
In the US, NPD BookScan figures show print book unit sales fell 10% for the week ending March 14 compared to the previous week, after physical bookstores began closing their...
Macmillan lifts library embargo for new-release ebooks
Thursday, 19 March 2020
In the US, Macmillan has abandoned its embargo on new-release ebooks in libraries, reports Publishers Weekly. ‘There are times in life when differences should be put aside,’ said Macmillan CEO...
US kids authors launch digital festival in wake of cancellations
Wednesday, 18 March 2020
In the US, a group of children’s authors have launched a digital festival focused on children’s literature, after more than a dozen US literary festivals were cancelled in less than...
Amazon deprioritises book sales
Wednesday, 18 March 2020
In the US and Europe, Amazon has deprioritised book sales as the company works to meet the surge in demand for household staples, medical supplies and other high demand products,...
US staff at PRH, Macmillan to work from home; Madrid Book Fair postponed
Monday, 16 March 2020
In response to the global coronavirus pandemic, the US offices of Penguin Random House and Macmillan will remain open but staff have been instructed to work from home. In an...
National Book Critics Circle Awards winners announced
Monday, 16 March 2020
In the US, the winners of the 2019 National Book Critics Circle (NBCC) Awards have been announced. The winners include: Fiction Everything Inside: Stories (Edwidge Danticat, Knopf) Nonfiction Say Nothing:...
Bologna book fair cancelled
Thursday, 12 March 2020
Due to the spread of coronavirus in Italy, organisers of the Bologna Children's Book Fair (BCBF) have cancelled this year’s rescheduled event, which was due to run from 4–7 May....
US publishers’ sales up 1.8% in 2019: StatShot
Wednesday, 11 March 2020
In the US, estimates from the Association of American Publishers’ (AAP) StatShot program show that US publishers’ sales totalled US$14.7 billion (A$22.6b) in 2019, up 1.8% on the previous year,...
PRH pulls worldwide staff from Bologna
Wednesday, 11 March 2020
Penguin Random House (PRH) will not send any staff to the rescheduled Bologna Children’s Book Fair, making it the second of the Big Five publishers to cancel its appearance at...
S&S pulls UK, US staff from Bologna
Tuesday, 10 March 2020
Staff from the UK and US divisions of Simon & Schuster (S&S) won’t attend the rescheduled Bologna Children’s Book Fair in May, reports Publishers Weekly. Last month, the fair was postponed...
Hachette staff walkout to protest Woody Allen’s memoir
Friday, 6 March 2020
In the US, employees at Grand Central Publishing, Little, Brown and several other Hachette Book Group (HBG) imprints have staged a walkout three days after Grand Central Publishing announced it...
ViacomCBS looks to sell S&S
Thursday, 5 March 2020
In the US, mass media company ViacomCBS is planning to sell Simon & Schuster, reports Publishers Weekly. At a Morgan Stanley investor conference, ViacomCBS CEO Bob Bakish said it will...
Women’s Prize for Fiction 2020 longlist announced
Wednesday, 4 March 2020
In the UK, the longlist for the 2020 Women’s Prize for Fiction has been announced. Now in its 25th year, the £30,000 (A$58,370) prize is presented annually to the best...
LBF to go ahead as publishers pull UK staff from fair
Wednesday, 4 March 2020
Penguin Random House (PRH), Pan Macmillan and Hachette Livre, as well as Curtis Brown parent company Original Talent, have withdrawn all staff—including UK employees—from the London Book Fair (LBF) due...
Big five US publishers, Amazon withdraw from LBF
Tuesday, 3 March 2020
Amazon and the US businesses of HarperCollins, Hachette and Penguin Random House are the latest publishers to withdraw staff from the London Book Fair (LBF) due to the coronavirus outbreak,...
Hachette UK revenue down 1.4% in 2019
Tuesday, 3 March 2020
Lagardère full-year results show that Hachette UK’s revenue was down 1.4% in 2019, reports the Bookseller. Hachette UK CEO David Shelley said that while 2019 was a strong year for...
S&S, Macmillan US pull out of LBF due to coronavirus
Monday, 2 March 2020
Several American publishing companies including Simon & Schuster US (S&S), Macmillan Trade US, Ingram Content Group and OverDrive have pulled out of the London Book Fair (LBF) due to the...
Waterstones staff to receive 6.2% pay rise
Thursday, 27 February 2020
In the UK, staff at bookselling chain Waterstones will receive a 6.2% pay rise, reports the Bookseller. Effective 1 April, the raise in bookseller wages is in line with the...
Folio Prize 2020 shortlist announced
Wednesday, 26 February 2020
In the UK, the shortlist for the £30,000 (A$59,000) Rathbones Folio Prize has been announced. The eight shortlisted titles are: Guest House for Young Widows (Azadeh Moaveni, Scribe) On Chapel...
Bologna postponed due to coronavirus
Tuesday, 25 February 2020
This year's Bologna Children’s Book Fair has been postponed due to the coronavirus outbreak in Italy. The fair, which was scheduled for 30 March–2 April, will now run from 4–7...
Revenue, profit down at S&S in 2019
Friday, 21 February 2020
In the US, Simon & Schuster’s (S&S) parent company ViacomCBS has reported that the publisher’s OIBDA (operating income before depreciation and amortisation) fell from US$153 million (A$231.3m) in 2018 to...
HarperCollins creates standalone Irish division
Wednesday, 19 February 2020
HarperCollins is creating a new standalone Irish publishing division, reports the Bookseller. The division, which launches on 16 March, will be headed by Conor Nagle, who is currently Gill Books...
Bertelsmann aims to be climate neutral by 2030
Tuesday, 18 February 2020
Penguin Random House parent company Bertelsmann is aiming to be climate neutral by 2030. The media company said it aims to halve its greenhouse gas emissions from 2018 levels, when...
Full RWA board resigns, special election called over controversy
Monday, 17 February 2020
In the US, the entire board of Romance Writers of America (RWA) has resigned and the association has called a special election to fill the board, reports Publishers Weekly. The...
Authors condemn US university decision to fire publishing staff
Wednesday, 12 February 2020
In the US, around 60 authors, reviewers and publishing figures have penned an open letter condemning Wayne State University (WSU) over the firing of three longtime senior employees from the...
Audible banned from using major publishers’ works in Captions
Tuesday, 11 February 2020
In newly revealed details of the settlement made between seven US publishers and Audible, the audiobook company won’t use major publishers’ works in its Captions program without their permission, reports...
New women’s prize to award over $150k to a single work of fiction
Monday, 10 February 2020
In Canada, the newly announced Carol Shields Prize for Fiction will award C$150,000 (A$169,000) to a single work of fiction by a woman or non-binary writer. Launching in 2022, the...
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