Poisoned Pen Press Will Become Sourcebooks’ Mystery Imprint
Sourcebooks has acquired most of the assets of Poisoned Pen Press and said that the mystery publisher will become Sourcebooks' mystery imprint. In addition, most of the PP staff, including editor-in-chief Barbara Peters and founder Robert Rosenwold, will become Sourcebooks employees. more...Reidy Touts 2018 as S&S's 'Most Successful Year'
In addition to a string of bestsellers, Simon & Schuster CEO Carolyn Reidy cited strong gains in digital audio and backlist sales as keys to the “most successful year in Simon & Schuster's history.” more...Bookkeeper Gets Two Year Sentence for Scheme that Destroyed Donadio & Olson
The former bookkeeper for Donadio & Olson, who stole more than $3.4 million from the New York literary agency, was sentenced to just two years in prison on December 17, despite the fact that his crime destroyed the agency and nearly bankrupted bestselling author Chuck Palahniuk. more...and more.
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Financial ReportingDonadio & Olson Files for Bankruptcy
After the theft of $3.4 million by its former bookkeeper, the agency has shuttered and started liquidation proceedings. In a letter, agency principal Neil Olson apologized to his clients and said he had "simply run out of time and resources.”
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Publisher News
Poisoned Pen Press Will Become Sourcebooks’ Mystery Imprint
Sourcebooks has acquired most of the assets of Poisoned Pen Press and said that the mystery publisher will become Sourcebooks' mystery imprint. In addition, most of the PP staff, including editor-in-chief Barbara Peters and founder Robert Rosenwold, will become Sourcebooks employees.
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Publisher News
Reidy Touts 2018 as S&S's 'Most Successful Year'
In addition to a string of bestsellers, Simon & Schuster CEO Carolyn Reidy cited strong gains in digital audio and backlist sales as keys to the “most successful year in Simon & Schuster's history.”
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Business Deals
Rowman & Littlefield Acquires Hal Leonard Trade Titles
Through the deal, Rowman & Littlefield has gained select trade imprints and trade titles from the music publishing company, giving it giving it more than 3,000 books in the performing arts field.
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Publisher News
Bookkeeper Gets Two Year Sentence for Scheme that Destroyed Donadio & Olson
The former bookkeeper for Donadio & Olson, who stole more than $3.4 million from the New York literary agency, was sentenced to just two years in prison on December 17, despite the fact that his crime destroyed the agency and nearly bankrupted bestselling author Chuck Palahniuk.
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Bookselling
Soft Kids, Adult Fiction Sales Drop Units 0.8% in Early December
Declines in adult fiction and juvenile fiction and nonfiction offset a 7.6% increase in adult nonfiction sales, resulting in a 0.8% drop in unit sales of print books for the week ended Dec. 8, 2018, compared to the similar week last year at outlets the report to NPD BookScan.
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Publisher News
Big Publishers Work On Getting Their Houses in Order
Publishers continued to look for more efficiency through restructurings in 2018.
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Publisher News
Three Editors In Three Countries Made 'The Water Cure' What It Is
A trio of acquiring editors, all assistants at the time, worked together to edit debut novelist Sophie Mackintosh's Man Booker–longlisted feminist dystopian bildungsroman. Here's how that happened.
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Bookselling
This Week's Bestsellers: December 17, 2018
Charles Krauthammer’s posthumously published collection, ‘The Point of It All,’ is the #4 book in the country. Plus Reese Witherspoon’s latest book club pick, ‘One Day in December,’ debuts at #3 in trade paper, and Graywolf releases Booker Prize winner ‘Milkman’ in the U.S.
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Publisher News
What’s New on Campus...and at Publishing Programs
Schools offering master’s degrees in publishing keep evolving.
