Penguin Random House purchasing Simon & Schuster is not the gravest danger to the publishing business. The deal is transpiring in a larger context-and that context is Amazon.
That HC and PRH are the two leading companies for HC is no surprise. HC has long eyed further expansion into book publishing and, as PW previously reported, HC CEO Brian Murray noted at a company Town Hall meeting this summer that the publisher was looking at acquiring S&S. Read more
Penguin Random House parent company Bertelsmann has confirmed that it is interested in acquiring Simon & Schuster once ViacomCBS begins to again actively shop the country's third largest trade publishing house after the pandemic fades Shortly after Viacom and CBS merged, the newly-formed company placed S&S on the sales block.
Profits rose in 2018 over 2017 at four of the five major trade publishers that report their financial information-and the one company at which earnings were down, Lagardère Publishing, reported an increase in profits at its U.S. subsidiary, Hachette Book Group. Read more
On Friday, three of Germany's biggest booksellers, along with its biggest media company and its biggest telecom company, debuted an e-book distribution platform and an e-reader intended to compete with Amazon, Apple, and other e-reader hardware and content providers like Kobo. Read more
'I'm very reassuringly honest. It's a job as well as a calling. It's my living - I'm the chief breadwinner in my house. My husband is retired, he supported me through the two decades while I wasn't making enough to live on, and was doing all kinds of things to do with writing to survive - judging competitions, running workshops, appraising manuscripts.
‘My settings of Europe and English visitors weren't really doing it for them, so we decided Scotland would be good. I thought an island would be great, because it's a small community, and it's an opportunity for my main character to get away from it all. The team at HarperCollins have been so supportive and enthusiastic... Read more
For the past five years or so, I've read books on my phone. The practice started innocently enough. I write book reviews from time to time, and so publishers sometimes send me upcoming titles that fall roughly within my interests. Read more
The Guardian calls Irish-Indian poet Nikita Gill "Britain's most-followed poet on social media"-she has 780,000 Instagram followers and 180,000 TikTok followers, and her Instapoetry has been reshared by the likes of Khloe Kardashian, Alanis Morissette, and Sam Smith-and she has published seven volumes of poetry and two novels in the U.K. But she is far less known on this side of the pond. Read more
Nikkolas Smith knows a thing or two about book bans. The illustrator has created five picture books over the last three years-four of which have been yanked off library shelves. There's I am Ruby Bridges, about the civil rights icon; That Flag about the confederate flag; Born on the Water, which explores slavery; and The Artivist which features a child supporting trans kids.
Simon & Schuster has acquired the largest Dutch publishing group Veen Bosch & Keuning, including all of its publishers in the Netherlands and Belgium, as well as sister companies Thinium and Bookchoice.
The Publishers Association (PA) has criticised the government's response to a House of Lords report on AI, saying that it has failed to make "any tangible commitments to protect the creative industries against mass copyright infringement".
'A word is not a crystal, transparent and unchanged, it is the skin of a living thought and may vary greatly in color and content according to the circumstances in which it is used.’
'I'm very reassuringly honest'
‘My settings of Europe and English visitors weren't really doing it for them, so we decided Scotland would be good. I thought an island would be great, because it's a small community, and it's an opportunity for my main character to get away from it all. The team at HarperCollins have been so supportive and enthusiastic... Read more