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  • Bookselling

    November Bookstore Sales Dropped 21.5%

    Bookstore sales were $485 million in November, down from $618 million in November 2019, according to figures from the U.S. Census Bureau. The 21.5% decline was the smallest monthly drop since spring.

  • Financial Reporting

    Foundry Literary's Cofounder Files Suit Against Former Partner

    Peter McGuigan, the cofounder of Foundry Literary + Media, filed a lawsuit against his former business partner, Yfat Reiss Gendell, on Friday. The suit claims that Gendell made illegal withdrawals of more than $860,000 from the former partners' literary agency.

  • Bookselling

    Union, PEN Issue Statements on Powell's Sale of Ngo Book

    The labor union representing employees of Powell's Books in Portland, Ore., said the decision to sell conservative author Andy Ngô book 'Unmasked' online was regrettable, but the store's decision "alone to make." PEN America said selling the book did not "equal endorsement" and supported the store's decision.

  • Book Deals

    Regnery Signs Hawley's 'The Tyranny of Big Tech'

    Regnery Publishing has acquired Missouri senator Josh Hawley’s 'The Tyranny of Big Tech' after the book was dropped by Simon & Schuster shortly after the riot that took place at the nation's Capitol on January 6.

  • Publisher News

    Insurrection at U.S. Capitol Shines Spotlight on Books About 1898 North Carolina Coup

    The January 6 insurrection at the U.S. Capitol has renewed interest in 'Wilmington Lie,' a historical account of a coup in Wilmington, N.C., in 1898. The book was released by Grove in paperback on January 19.

  • Publisher News

    Bolton Wins Key Decision in Legal Battle Over His Memoir

    In a ruling last week, a federal judge said he will allow the former Trump National Security Advisor to conduct discovery on whether Trump administration officials acted in bad faith in holding up the pre-publication review of Bolton's memoir 'The Room Where It Happened.'

  • Bookselling

    This Week's Bestsellers: January 18, 2021

    Anna North lands at #20 in hardcover fiction with ‘Outlawed,’ a feminist Western parable. Plus novels by a pair of first-timers make their debuts, and ‘Eyes That Kiss in the Corners’ sees its way clear to our children’s picture book list.

  • Business Deals

    Book Biz Saw Little M&A in 2020, with Some Big Exceptions

    Economic uncertainty limited merger and acquisition activity in the book business last year, but there were still a number of significant transactions, including Penguin Random House's planned purchase of Simon & Schuster.

  • Bookselling

    Indie Bookstores Gear Up for 2021

    After weathering a challenging 2020, independent booksellers face down an uncertain new year.

  • Bookselling

    Breaking Down 2020 Bestsellers by Publisher

    In a rare occurrence, independent publishers gained ground with adult hardcover and paperback bestsellers last year, disrupting the Big Five's iron grip on the lists.

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