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Pearson to cut 3000 jobs

Monday, 7 August 2017
Pearson will cut 3000 jobs by 2020 in an effort to save £300m (A$493m) a year, reports the Bookseller. CEO John Fallon announced the job cuts along with the company’s...

Survey finds Canadians reading more local authors

Monday, 31 July 2017
In Canada, the government-sponsored organisation BookNet has published the results from a survey of Canadian book buyers’ reading habits, reports Publishers Weekly. The survey found 44% of Canadian book buyers...

Whitehead wins 2017 Arthur C Clarke Award

Friday, 28 July 2017
Colson Whitehead has won the 2017 Arthur C Clarke Award for science-fiction for his novel The Underground Railroad (Orbit), reports the Guardian. The Underground Railroad—a ‘fantastic reimagining of US slavery’—has...

Man Booker Prize 2017 longlist announced

Thursday, 27 July 2017
The longlist for the 2017 Man Booker Prize has been announced. The 13 books longlisted for the £50,000 (A$81,973) prize are: 4 3 2 1 (Paul Auster, Faber) Days without...

B&N investor urges company to sell itself

Wednesday, 26 July 2017
In the US, an asset management firm with a ‘meaningful’ stake in Barnes & Noble has sent a letter to the company urging it to sell the business, reports Publishers...

Scholastic US reports rise in revenue

Friday, 21 July 2017
In the US, Scholastic has reported a four percent increase in revenue over fiscal 2016 for the year ending 31 May 2017, reports Publishers Weekly. Operating income at the publisher...

Junot Díaz pens new picture book

Thursday, 20 July 2017
In the US, Pulitzer Prize-winner Junot Díaz has written a picture book for young readers, reports the New York Times. The book, Islandborn, will be illustrated by Leo Espinosa and...

World Book Day event boosts sales in the UK

Tuesday, 18 July 2017
In the UK, World Book Day (WBD) titles sales have risen by more than 50% compared to the previous year, with 469,274 copies sold in the week of the event,...

Pearson to sell a 22% stake in PRH to Bertelsmann

Wednesday, 12 July 2017
Pearson will sell a 22% stake in Penguin Random House (PRH) to co-shareholder Bertelsmann, whose share of the company will increase to 75%, reports the Bookseller. Pearson will retain a...

New Maurice Sendak picture book discovered

Monday, 10 July 2017
A new picture book by the late Maurice Sendak and his frequent collaborator Arthur Yorinks has been discovered in Sendak’s archives, reports Publishers Weekly. Presto and Zesto in Limboland was...

Turnover up three percent at OUP

Friday, 7 July 2017
Oxford University Press (OUP) has recorded a 3.3% increase in turnover to £847.4m (A$1450m) for the year ending 31 March 2017, reports the Bookseller. The results, which improve on last...

French publishing sales up in 2016

Tuesday, 4 July 2017
French publishing sales rose in 2016 by 4.25% to €2.8bn (A$4.16bn) according to figures from the French Publishers Association (Syndicat National de l’Edition, SNE), reports the Bookseller. Sales by volume...

Persuad wins Commonwealth Writers’ Short Story Prize 2017

Monday, 3 July 2017
Ingrid Persaud from Trinidad and Tobago has won the 2017 Commonwealth Writers’ Short Story Prize for ‘Sweet Sop’, reports the Bookseller. Persuad’s story explores ‘harrowing themes of fractured families, death...

Sharjah named World Book Capital for 2019

Monday, 3 July 2017
UNESCO has named Sharjah in the United Arab Emirates as the World Book Capital for 2019. Sharjah was selected for its ‘very innovative, comprehensive and inclusive nature’ of its application,...

German company acquires Pubnet, PubEasy

Friday, 30 June 2017
German service provider MVB Marketing, a subsidiary of the German Publishers and Booksellers Association Börsenverein, has purchased the US bookshop ordering systems Pubnet and PubEasy from NPD Group, reports Publishers...