News Shorts
Staff -- Publishers Weekly, 1/22/2001
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Staff -- 1/22/01 McGraw-Hill Launches Learning Network | DeBolsillo G s to Plaza y Janés McGraw-Hill Launches Learning Network The password-protected interactive textbooks can be read by students on a computer and printed out. The e-texts will cost the same as a printed edition, although schools that buy a printed text will get a discount on the interactive title. A $50 printed text, for example, would cost $39.99 for a school with one to four users, and the price per user falls to $19.98 when the number of users tops 30. Parents can buy an e-textbook for $4.95 per month. Buzz Ellis, president of the MHC school education group, noted that e-texts, in addition to offering various multimedia elements, will help "lighten the load" for children who often carry heavy backpacks stuffed with books. MHLN.com also includes a variety of other online tools such as an interactive lesson planner, a Web-based test generator and online activity engines. The network can be used as a communication vehicle for teachers and parents, and features an online store where MHC materials can be purchased. DeBolsillo G s to Plaza y Janés Plaza y Janés plans to expand its paperback presence both in Spain and Latin America, and will utilize the publishing and marketing staff currently in place. Among the Plaza y Janés hardcover authors whose new and backlist titles will be reprinted as DeBolsillo paperbacks are Michael Crichton, John le Carré, Mary Higgins Clark, Manuel De Lope and Jose Luis Sampedro. The company also plans to publish a Spanish-language paperback edition of Stephen King's Riding the Bullet. Audiohighway in Chapter 11 According to its filing, Audiohighway.com "is in active negotiations with several entities interested in acquiring Audiohighway.com's assets and/or providing capital to continue operations and services." The company said it anticipates filing a reorganization plan in "the near future." No one from Audiohighway was available for comment last week. The company's top 20 unsecured creditors are owed approximately $1.8 million; the company reported net assets of less than $50,000 and debts topping $1 million. Audiohighway.com is a digital distributor of music, audiobooks, comedy and radio shows, and news programs. Sales for the first nine months of 2000 were $2 million, with a net loss of $12 million. Harper Signs Deal with Rightscenter.com David Steinberger, president of corporate strategy and international at HC, told PW the company signed a two-year deal with rightscenter after a six-month test that produced "very good results. There was significant enthusiasm from our rights people for the service." Steinberger said the service will be particularly useful in promoting rights activity in secondary foreign markets and
Founded in October 1999, rightscenter.com has registered 9,600 members featuring more than 30,000 active titles. McHugh said the company is in negotiations with a number of publishers that are interested in signing comprehensive agreements that will cover a large number of titles. EDC Adds Web-linked Titles, Sales Staff The new titles will be sold through all of EDC's marketing channels including its home business division. With the demise of Dorling Kindersley's family learning division, EDC has added more than 1,000 former DKFL sales consultants to its ranks, giving the company approximately 5,000 home sales people. "I'm very excited about the potential in our home unit," White told PW. The expanded sales force began to make its presence felt in the third quarter ended November 30, 2000, when sales in the home business division increased 18.5%, to $3.6 million. Sales in EDC's publishing division fell 17.5%, to $1.6 million in the quarter, a decline attributed to a soft retail environment. Total sales for the company were up 4.0%, to $5.2 million, while net income fell to $381,900 from $419,000. EDC attributed the decrease in earnings to the $130,000 it spent to recruit and train the new sales consultants. For the nine-month period, profits were flat at $1 million on a 4.5% revenue gain to $13.9 million. Golden Acquires Hasbro Rights In May 1999, Hasbro formed Hasbro Properties Group Worldwide to better extend its toy brands into entertainment and media platforms, including books. It created book concepts, formats and sample storylines for about 20 properties, including My First Games (encompassing young children's brands such as Candy Land and Chutes &Ladders), Scrabble, Monopoly, Action Man, Tonka J and Beast Machines. Lightning Source, Digital River Ink Pact Larry Brewster, COO of Lightning Source, told PW that Digital River will provide a broader array of services than LS has been able to offer in the past. Brewster said Digital River will be able to provide Web site design and hosting as well as transaction management, e-marketing services and customer service. Ed Marino, CEO of Lightning Source, said the deal will "extend our combined set of services to an even broader industry audience, making POD and e-book titles more widely accessible." Digital River CEO J l Ronning said the alliance is "a strategic move for both companies" that will allow Digital River to expand the scope of its services to the publishing industry. Burke Leaves AK Press Gives S.F. Parting Shot When AK heard of the upcoming publication of Hollow City: Gentrification and the Eviction of Urban Culture by San Francisco author and comrade Rebecca Solnit, the publisher knew it was the perfect book-launch party to end its stay. The only problem was that by the time the book was released, AK would be in Oakland. AK signed on to distribute the book and joined forces with Solnit to urge Verso to move up the publication date from March to December. Solnit told PW, "I explained to my editor that if they waited any longer for this title, the audience it was intended for would be totally dispersed and nonexistent." Collin Robinson, managing director of Verso, said the press was happy to oblige. "We take pride in being a nimble, interventionist publisher, and this is not the first time current events have changed our plans." The first copies of Hollow City arrived at AK the morning of the party, on December 2. The book combines an essay by Solnit on the growing corporatization of the urban landscape with a photo-essay by San Francisco native Susan Schwarzenberg More than 200 people attended the book party where Solnit read excerpts and photos were projected on a 50foot-high concrete wall. AK Press Inc., which publishes about 12 titles a year, is the U.S. branch of AKA Books Cooperative Ltd., a worker-owned cooperative founded in Edinburgh, Scotland, in 1991. The collective also has an office in London.
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