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Educational Distributor and Publisher Launches in St. Louis
The founder of school book distributor Knowledge Industries starts the Classroom Library Co., an educational distributor and publisher for K-8.
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News Briefs: Week of February 20, 2012
Open Road, George Deny ‘Wolves’ Charges and more.
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Disney to Hachette
Disney Book Group, Hyperion Books, and Marvel have signed a preliminary agreement to move to the Hachette Book Group for book distribution services.
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Profits Rise Again at Simon & Schuster
Since e-books first became a meaningful part of a publisher’s business in 2009, results at Simon & Schuster have followed a familiar pattern—a decline in revenue but an increase in earnings. Between 2009 and 2011, total sales at S&S dipped 0.7%, but adjusted operating income has jumped 84%. Margins at the company improved from 5.8% in 2009 to 10.8% last year. And despite revenue falling by almost $100 million since 2007, S&S’s earnings and operating margins are almost the same as they were five years ago.
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Bringing Synergy Back
The word synergy, in the world of book publishing, feels like a term that died in the ’90s. Back then, almost every publisher housed within a media conglomerate was touting the ways it would use its TV-making or movie-making sister companies to sell books. Fox would boost HarperCollins. Viacom/CBS would boost Simon & Schuster. Not much came of all that talk. But Ellen Archer, president and publisher of Hyperion, is reviving synergy. In fact, Archer thinks it will be one of the keys to the success of her house in 2012.
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Top Cow Looks Back to Go Forward
Top Cow Productions, having survived for two decades as a comics publisher, is mixing it up, experimenting with genres and crossover series, as well as rebranding. And of course, digital delivery is a big part of it.
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Frances Coady Out as Picador Restructures
Frances Coady, who has been overseeing Macmillan's Picador imprint since 2000, is leaving the company. PW has learned that Coady will be stepping down on March 2.
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John Wiley Acquires Inscape Holdings
John Wiley has acquired Inscape Holdings, parent company of Inscape Publishing, for $85 million.
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Podcast: PW's Week Ahead for Friday, February 17
Organized by the iconoclastic technology publishing house O’Reilly Media, the annual “Tools of Change” conference offers a stage for what PW’s Andrew Albanese calls, “a classic clash of traditional publishing institutions and new technology.
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Facts & Figures: Deadline Extended, New Threshold for Adult E-books
For our March 19 issue, in which we compile 2011 book sales figures from publishers in hardcover, paperback, and e-books, we are extending the deadline for submissions to Feb. 22 and also upping the threshold for adult e-books to 25,000, from 10,000. The threshold of children’s and YA titles remains 10,000 for e-books.
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Request for Sales Figures
Publishers Weekly is once again getting ready to compile its annual bestseller list based on publishers’ sales reports in four categories: hardcovers; paperbacks (including mass market and trade paper), and e-books. The children's department is also compiling list. This information will be printed in a Special Report on 2011 Facts & Figures in the March 19 issue. We need to hear from you no later than Friday, February 22.
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Request for 2011 Sales Figures: Children's
Publishers Weekly is once again compiling its yearly bestseller lists, based on publishers’ sales reports. This list will be printed in the 2011 Facts & Figures feature in our March 19 issue. We need your responses by Friday, February 22.
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Gibbs Smith CEO Resigns
Christopher Robbins, CEO of Gibbs Smith, resigns after 17 years.
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Crown Reorganizes On Heels of Pohlman's Departure
With the departure of Tina Pohlman from Crown, the Random House division is reorganizing once again.
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The Unchained Tour Rides Again
In its second time around, the Unchained Tour of Georgia became The Unchained Tour, as a stop in Jacksonville, Fla. officially made the band of traveling storytellers into an interstate phenomenon.
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Dutton Relaunches Guilt-Edged Mysteries as a Digital Imprint
This summer Dutton will relaunch pulp noir publisher Guilt-Edged Mysteries (1947-1956) as a digital imprint under the direction of Dutton editor-in-chief Ben Sevier.
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Ingram Inks Three Digital Deals
Ingram has signed two digital support deals, coming to terms with SAGE and Bilbary. Additionally, Ingram has announced access to its e-textbook platform through Blackboard Learn.
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Tracking Amazon: No Love for Valentine's Day?
Valentine's Day is one holiday that doesn't drive Amazon buyers, as no titles with a romantic theme or story made any big leaps leading up to the holiday.
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