Publishers Lunch is the industry's "daily essential read," now shared with more than 40,000 publishing people every day. Each report gathers together stories from all over the web and print of interest to the professional trade book community, along with original reporting, plus a little perspective and the occasional wisecrack added in.

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John Ingram Invests In Mediander

Chairman and ceo of Ingram Content Group John Ingram has invested in Mike Fine's ambitious online "knowledge engine" startup Mediander.com, providing an "early-stage investment" through his personal investing vehicle, JRI Ventures LLC. According to the announcement, "the investment will be used to fund research and development, as well as technical,…

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People, Etc.

Kensington will merge its two digital-first imprints eKensington and Lyrical Press into a single unit under the Lyrical Press name. The merged imprint will continue to be under the helm of Adam Zacharius, and directly managed by Alexandra Nicolajsen as well as Martin Biro, who has been promoted to associate…

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Batman Beats Back Kindle Unlimited

Yes, you read that correctly. For the first day since we starting monitoring the effect on Kindle Unlimited titles on Amazon Kindle's So-Called Bestseller List, the number of KU titles on the top 100 declined modestly, now accounting for 38 titles. But Batman related books have stormed the list, taking…

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Scholastic Takes $21.4 Charge, Mostly on Storia, Which Will Switch to School Licensing Model

Scholastic reported fourth quarter and full fiscal year earnings on Thursday morning, with sales rising 8 percent to $549 million and operating income increasing more, at $48.6 million. The stock rose in early morning trading on the improved results and positive guidance for next year. But the company disclosed a…

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Rizzoli Acquires Welcome Books

Continuing an active year of acquisitions, Rizzoli International Publications has agreed to acquire the assets of Welcome Books, the publishing imprint of Welcome Enterprises. A publisher of illustrated books in the fields of art, photography, food & wine, parenting, history, travel, pets and social & popular culture, Welcome Books began publishing in 1995,…

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Workman Names A CEO

Workman Publishing has named ceo and president of their Storey Publishing and Timber Press imprint Dan Reynolds as ceo of Workman. Reynolds will "transition into the role immediately, and relocate to New York City full-time on October 1." He joined the company in 2001 when Workman purchased Storey. Reynolds takes over…

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Daily Update: Influence of Kindle Unlimited on Amazon "Bestsellers" Grows

Since no one else is reporting on this at all, we'll continue our tracking. Amazon's hourly list of the top 100 "paid" Kindle bestsellers appears to be under the steadily growing influence of Kindle Unlimited "checkouts," which are counted as part of paid sales. In this morning's check, 45 of…

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People, Etc.: Regan Arts Distribution to S&S

Judith Regan will go back to her roots for distribution of her new line Regan Arts' titles. Simon & Schuster will handle worldwide sales and distribution, with Regan Arts expected to begin publishing in fall 2014 (though they have not publicly announced any titles yet). Regan started her book publishing…

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Ferris, Fowler, Hustvedt & Powers Add American Flavor to Booker Longlist

The longlist for the Booker Prize was announced Wednesday morning, the first to include American authors after a widely discussed rule change late last year. Titles by four American authors -- TO RISE AGAIN AT A DECENT HOUR by Joshua Ferris, WE ARE ALL COMPLETELY BESIDE OURSELVES by Karen Joy…

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Apple Reports Softer iPad Sales, As iTunes Continues Growth

Apple reported third quarter revenue after the close of market on Tuesday, with sales of $37.4 billion (up 6%, largely due to growth in China), and net profit of $7.7 billion. iPad sales of 13.3 million were down 9 percent (from 14.6 million units a year ago), making approximately 227…

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