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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People, Etc.

Vp, business development at Diversion Books Mary Cummings will leave the company next month. Diversion has hired Caroline Acebo as acquisition editor, EverAfter Romance. Previously she was editor at Grand Central's Forever imprint. In addition, Christine Saunders has joined as publicist. Most recently she headed her own company, Christine Saunders Public Relations.…

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Amazon Bull: Stock Hits New High

On Thursday, Amazon's stock hit a new all-time high, closing above $800 a share for the first time. In the broader market sell-off early this year Amazon had traded as low as about $500 a share. For the year-to-date the stock is up about 19 percent, though the biggest movement was…

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Zecher Resigns As Houghton Mifflin Harcourt CEO

Five years after joining the company and leading it through its final restructuring and an IPO, Houghton Mifflin Harcourt ceo Linda Zecher has resigned -- apparently dismissed by a restless board. Current board member L. Gordon Crovitz will serve as interim ceo while a search is conducted for a new…

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Potter Play Drives Scholastic Gain

Scholastic reported sales for their fiscal first quarter, ending August 31, with the release of Harry Potter and the Cursed Child driving sales up to $283 million, compared to $191 million a year ago. Their traditional seasonal loss (since school was not in session) only declined modestly on the big…

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People

At Crown Children's, Emily Easton has been promoted to vp, publisher. Marissa DeCuir has been promoted to president and partner at JKS Communications. Kurt Hettler has joined Ingram Academic Services as director of academic services. Previously he spent the past 25 years at Oxford University Press, most recently as director,…

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Donnelly to Split On October 1

RR Donnelley's board formally approved the final conditions of their imminent split into three separately-traded public companies. On October 1, current Donnelley shareholders (as of the record date of September 23) will receive one share of the new LSC Communications and one share of the new Donnelley Financial for every eight…

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People, Etc.: O'Leary to Head BISG

Following the abrupt departure of Mark Kuyper after less than a year with the organization, the Book Industry Study Group (BISG) has hired longtime consultant Brian O'Leary to serve as executive director, beginning October 3. BISG Chair Tara Catogge says in the announcement, "Over nearly two decades as a consultant, he has worked…

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Finally, First Quarter Statistics from the AAP

We've already had complete views on the first six months of 2016 from the publishers and retailers that report publicly, and now, almost six months after the fact, the AAP has issued their publisher-reported data for the month of March and the first quarter of the year. Per our detailed analysis…

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Google Adds Discover Feature to Books App; Sainsbury's Gives Up On eBooks

On Monday Google Play added a "discover" feature to their app (only on Android for now; iOS is coming later), calling it "a new way to find books by browsing the latest reviews, news, lists, videos and more." The feature combines original book-focused content -- author interviews, essays and more --…

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Kirkus Prize Shortlists; National Book Literarian Award to Cave Canem

The Kirkus Prize announced shortlists in fiction, nonfiction, and various children's book categories, with the winners to be announced at a ceremony in Austin, TX on November 3. There is little overlap with theNational Book Award longlists (asterisked), though fiction writers Colson Whitehead and Adam Haslett are among those on both lists.…

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