December 21, 2012
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| HarperCollins Results Fell in Fiscal 2012 As it prepares to spin off its publishing, education and Australian broadcasting and cable assets into a separate company, News Corp. filed a proxy statement with the SEC Friday morning that showed HarperCollins with revenue of $1.19 billion in the fiscal year ended June 30, 2012, and earnings before interest, taxes, depreciation and amortization of $86 million. Sales were off 1% compared to fiscal 2011, while EBITDA was down 8% from $93 million. more »  As part of its effort to cut costs by $20 million to $30 million in fiscal 2013, Scholastic executives told analysts on a conference call Thursday morning that the company has instituted a hiring freeze and will also reduce staffing levels in some areas. more » Print book sales have shown healthy weekly gains since the Thanksgiving weekend though the pace is slightly below that of the 2011 holiday season. more » In her annual letter to employees, Simon & Schuster CEO Carolyn Reidy's emphasis was on how the publisher has re-tooled to reach both its traditional audience and the growing number of digital readers. In addition to restructuring the adult publishing division and sales and marketing operations, Reidy pointed to the new ways S&S is acquiring and creating content. more » Citing "areas of opportunity" Perseus president and CEO David Steinberger announced today that the company was shuffling executive responsibilities in a few key areas. Under the new reporting structure all three client service lines–Consortium (headed by Julie Schaper), Perseus Distribution (headed by Sabrina McCarthy) and PGW (headed by Susan Reich) will now report directly to Chief Operating Officer Joe Mangan. CFO Charles Gallagher has also picked up new responsibilities. more »
Bloomsbury Targeting Digital Readers In New Global Campaign Bloomsbury, with its new Just Great Reads promotion, is running what it is calling the "first ever" global marketing campaign targeted expressly at readers who favor devices. The push, which begins on Christmas day and runs for three weeks, will feature banner ads on newspapers and Web sites that cater to English language readers. The ads, running on Web sites ranging from the New York Times and The Guardian to Pinterest and Facebook, will, Bloomsbury said, have "IP detection" so readers can purchase books in whatever country they reside. more » »  Amazon is bringing its Kindle Singles storefront to Europe. The company has launched its Kindle Singles Store at Amazon.co.uk, offering stories between 5,000 and 30,000 words to customers there. As in the U.S., writers of Kindle Singles can receive up to a 70% royalty rate on their work. In the U.K., Kindle Singles will be priced between £0.99 and £1.99. The U.K. storefront has gone live with Singles by, among others, Susan Hill, Candia McWilliam, and Len Deighton (writing a piece featuring James Bond). more » » Long time children's bookseller Andrea Vuleta, general manager of Mrs. Nelson's Toy in La Verne, Calif., has been tapped to replace Jennifer Bigelow as executive director of the Southern California Independent Booksellers Association starting next month. Bigelow headed SCIBA for 13 years and resigned in mid-November to spend more time with her family. more » » Stesha Brandon is program director at Town Hall Seattle. Brandon was previously manager of public relations and events at University Book Store. more » » This issue of PW Daily is our last regularly scheduled one for 2012. Of course, if news breaks we will send out an alert, and we will continue to post stories to the publishersweekly.com Web site. The PW staff wishes all subscribers a happy holiday season and prosperous new year. The next issue of PW Daily will be January 2, 2013. more » »
E-Reader Sales Seriously Shrinking: The NYT reports that worldwide e-reader sales are demonstrably smaller in response to the growth of the tablet market. Reading Habits by Place: How do people in different communities use technology? Big Books of 2013: Huffington Post: What's on the horizon? The Record-Breaking Kickstarter: That turned Hamlet into a choose-your-own-adventure. 'On the Road' Reviews: A roundup of what the critics are saying.
 Authors on the Air December 21, 2012: The Planets Dava Sobel's The Planets (Viking, 0670034460), will be discussed on NPR's "Science Friday." more » »
PWxyz Blog PWStaff PW Staff: Our Favorite Books We Read in 2012 PW editors pick the best books we read this year. more » Barbara Vey Ready Player One My son recommended a book to me, a first, so I plowed right into Ready Player One by Ernest Cline. more » Josie Leavitt Hot Holiday Titles As I run the numbers for what's been selling, I am surprised anew at how well regional titles do during this time of year. more » Rose Fox Link Roundup Grand Masters, cover poses, and the Forever War. more » Adam Boretz Behind the Audio: Jackie Collins Jackie Collins takes to the high seas. more »
 Literary Agency Reads on the SubwaySeveral members of Jean V. Naggar Literary Agency took to New York City subways and snapped photos of themselves reading their books and sent them out via social media. Reading Dark Lie by Nancy Springer (NAL) are, left to right: Jessica Regel, Ariana Philips, Jennifer Weltz, and Tara Hart. Photo Credit: Laura Biagi |    
Chelsea Green Has Record Year, Gives Employess $2,500 Bonus Independent book publisher Chelsea Green announced that due to a record sales year and strong revenue growth, employees would each receive a $2,500 end-of-year bonus. more » Due to a change in its telephone service provider in conjunction with its move from Tarrytown to White Plains, N.Y., the American Booksellers Association has changed its phone number again. The new "new" office number is: 914.406.7500. Staff extensions have changed as well, and now have a 75 prefix. more » Callaway Digital Arts and Hasbro Inc. are teaming up to create an interactive children's app based on the classic children's character Mr. Potato Head. more » | ||||||||||||||||||||||||
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| To submit pictures of the day, email pics@publishersweekly.com Send editorial questions about this eNewsletter to: jmilliot@publishersweekly.com Send advertising questions about this eNewsletter to: cbryerman@publishersweekly.com For additional assistance, contact us by email or at the address below. Publishers Weekly, Copyright 2012, PWxyz LLC Email not displaying correctly? View it in your browser. You are receiving this email because you subscribed to a Publishers Weekly e-newsletter. To unsubscribe, click the link below.  |
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