TODAY'S NEWS

Blackwell Remains the Story at Wiley
by Jim Milliot
With a $115 million contribution from the Blackwell purchase, total revenue at John Wiley & Sons jumped 45% in the third quarter ended January 31, to $429.3 million and net income rose 25% to $40 million. Excluding Wiley, revenue, which benefited from currency changes, would have been up 6%. Wiley said the integration of Blackwell has made significant progress with book distribution and customer service fully integrated into Wiley's operations in the U.S., Canada, Europe, Asia and Australia. CEO Will Pesce acknowledged that the consolidation has resulted in "redundancies" around the world, although there was no mention of how many jobs have been eliminated. Wiley expects the consolidation of Blackwell to be completed in fiscal 2009. Read on »

New World Library Feels the Oprah Effect
By Lynn Andriani
Penguin isn't the only house reaping the benefits of Oprah's selection of Eckhart Tolle's A New Earth for her book club. New World Library has gone back to press with Tolle's The Power of Now, a book it published in 1999 that, prior to Oprah's latest selection, had two million copies in print. Since Oprah's January announcement of A New Earth, New World has printed an additional 550,000 copies of The Power of Now, as well as 150,000 units of Eckhart Tolle audio CDs and card decks—bringing the total copies in print of The Power of Now to more than 2.5 million. A New Earth boasts more than 3.5 million in print. Read on »

Dickerman Named Publisher at Bloomsbury
Colin Dickerman has been promoted from editorial director to publisher at Bloomsbury. Dickerman is succeeding Karen Rinaldi, who recently defected for Rodale. Also, Richard Charkin, executive director of the company's parent company, Bloomsbury Publishing PLC, will take over as president of Bloomsbury USA. Read on »

Talks Off in Borders Aussie Sale
Borders' attempt to sell its Australian and New Zealand stores hit a roadblock yesterday when Angus & Robertson Whitcoulls ended negotiations after failing to agree to terms on the sale. The stumbling block appears to be Borders' desire to maintain a stake in the operation, while A&RW prefers to acquire total control of the chain. The end of talks came as something of a surprise since what was once considered the major obstacle to A&RW's purchase—the approval of the Australian government—came earlier this year.

Dutton Wins Blum's Followup
By Matthew Thornton
Dutton editor-in-chief Trena Keating beat six other bidders for Jenna Blum's second novel, titled The Stormchasers, in an auction conducted by Stephanie Abou at Foundry Literary + Media. Keating paid a "substantial six figure sum" for North American rights. Read on »

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AUTHORS ON THE AIR

Authors on the Air: Cheerleaders, Unwrapped; Bananas, Too; Happy for No Reason
Today on Good Morning America, Kate Torgovnick let out Cheer! Three Teams on a Quest for College Cheerleading's Ultimate Prize (Touchstone, $26.95). PW explained "Torgovnick, who skipped all of her Durham, N.C., high school's mandatory pep rallies, decided at age 25 that cheerleaders are largely misunderstood and set about to illuminate the realities of the sport." Read on »

PICTURE OF THE DAY

East Meets South
On March 3rd Thomas Nelson hosted members of the China's State Administration for Religious Affairs (SARA) in Nashville. The event was intended to encourage more open dialog between the U.S. and China on the subject of religion. During the trip, Nelson took the delegation to the Tennessee State Capitol. Pictured here at the Capitol (l. to r.) are: Xue Hui, director of SARA's foreign affairs department; Chen Hong Xing, director of SARA's religious culture publisher; Governor Phil Bredesen; and Guo Wei, senior director of SARA's foreign affairs department. Submit your pictures here »

JOB OF THE DAY

PW VIRTUAL EDITION

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