RH Profits Up

March 26, 2013

Profits Jumped 75% at Random House Random House parent company Bertelsmann put a cap on a record year for the publishing house, announcing that worldwide revenue at RH rose 22.5%, to 2.14 billion euros, while operating EBIT skyrocketed 75.6% to 325 million euros. The primary reason for the increase, of course, was the Fifty Shades trilogy which Bertelsmann said sold more than 70 million copies in all formats through RH's English, German and Spanish language companies. more » Winton Stepping Down as Counterpoint Publisher After founding the Berkeley, California-based Counterpoint over five years ago, Charlie Winton is handing over the reigns to a new boss. Winton will be leaving his post as publisher, and, on May 1, Rolph Blythe, a former marketing and publicity director at the company, will succeed him. Winton will remain chairman and CEO of Counterpoint as well as executive editor-at-large. more » Trajectory Inks e-Book Deals with Chinese Publishers at Bologna Book Fair In a series of deals signed at the Bologna Children's Book Fair, Trajectory, a digital publishing, distribution and technology developer, announced partnerships with China's People's Education Press and Xiamen Bluebird Cartoon Company. In a separate deal Trajectory is releasing the One World Kids App, which offers kids content from around the world. more » Frederator Hires David Wilk To Run New E-book Unit Animation house Frederator is launching Frederator Books, a digital publishing imprint with plans to release 100 digital titles in 2013 and brought in publishing and distribution veteran David Wilk to direct the line of children's illustrated e-books. more » Isol Wins 2013 Astrid Lindgren Memorial Award Argentinean author, illustrator, and musician Isol has won the annual Astrid Lindgren Memorial Prize. The award was announced Tuesday in a presentation from Vimmerby, Sweden, which was broadcast live online, as well as to gathered crowds at the Bologna Book Fair. more » University of Nebraska Press Acquires Potomac Books Potomac Books has been acquired by the University of Nebraska Press, effective March 31, 2013. Potomac will continue to operate under the direction of Sam Dorrance as publisher. more » Today's Job Ingram Content Group is seeking a Field Sales Representative. Maybe it's you! For more about this and other jobs, visit PW JobZone. To post a new job, click here. Wattpad Hires Faktor, Chan and Gardner Wattpad, an online writing community aimed at consumers reading on mobile devices, announced the hiring of Candice Faktor, Charles Chan and Ashleigh Gardner. more » » Obituary: Frank Moster Long-time commission rep, Frank Moster of Melman-Moster Associates Inc., died on Sunday from a rare and fast-moving cancer. He was 69. He began his career in the book business at Macmillan in 1965. He also held positions at Holt, Rinehart & Winston; Hawthorne Books; Little, Brown; and Watson-Guptill before becoming a commission rep in 1983. The funeral liturgy will be held on Wednesday March 27 at Church of the Immaculate Conception in Mahwah, N.J. more » » Job Moves: March 26, 2013 Kelley Baker has been promoted to sales coordinator at Chronicle Books. more » » THE ROUNDUP Why E-books Are a Different Genre: From print. Writers Give Themselves Bad Reviews: Anne Enright, Richard Ford and Rachel Cusk among authors confessing worst literary sins. Penguin Sues Oregon Nonprofit: For posting whole books online. 'Hobbit: Desolation of Smaug' Preview: Peter Jackson's preview of the sequel to the Rings prequel shows the director taking fresh liberties with Tolkien's work. Junot Diaz on Colbert: Watch the full interview. VIEW ALL » Authors on the Air March 26, 2013: Eric Topol, Gina Holmes Eric Topol, author of The Creative Destruction of Medicine (Basic Books, 978-0465025503), will be on The Colbert Report. Gina Holmes, author of Wings of Glass (Tyndale House, 978-1414366418), will be on Fox 21/27 morning news on March 27. more » » BLOGS PWxyz Blog Rose Fox Making the Grade A self-published novel is an Aurealis Award finalist. more » Beyond Her Book Barbara Vey Name Chris Keeslar’s Baby Help name a Boroughs Publishing editor's baby. more » ShelfTalker Josie Leavitt Mood Elevators Bookstores mean a lot to many people, especially cranky ones looking to change their day around. more » Genreville Rose Fox Endings and Beginnings Genreville is now part of PWxyz. more » PICTURE OF THE DAY 'Mania' at Politics and Prose Coauthors of Mania David Skover (left) and Ron Collins (right) were at Politics and Prose on March 24. Here, they're with the bookstore's cofounder Barbara Meade.	OF NOTE World Book Night Gears Up for Big Day With four weeks to go until World Book Night 2013, happening on April 23, WBN U.S. is launching weekly updates and reminders to volunteer givers, bookstores, libraries, and the publishing community. Among the happenings, James Patterson will be on CBS This Morning on April 19 and WBN's Carl Lennertz will be on NPR on April 15. more » Knovel Adds Six New Publishing Partners Knovel, a web based database and technical service providing information to engineers, has added six new publishers to its content collection in an effort to expand the subject areas it offers. more »

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