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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Judge Certifies Author Class In Suit Against Harlequin

The author class has been certified by Second Circuit District Court Judge William H. Pauley, III in the suit brought by three authors against Harlequin for underpayment on ebooks licensed to Harlequin subsidiaries. In May, the Appeals Court overturned Judge Judge Harold Baer's dismissal of the class action suit, allowing…

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People, Etc.

Pearson chief financial officer for the past eight years Robin Freestone has told the board "he would like to step down...before the end of 2015 to explore a range of other interests." A search is underway for a replacement and Freestone will remain in the job until a successor is named.…

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Pearson "On Track," and PRH "Performed Well"

Pearson released a brief third quarter trading update (free of actual numbers, in the European style), showing sales for the first nine months up 1 percent at constant exchange rates and flat on an underlying basis, while declining on real terms because the pound was strong against the dollar earlier…

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Kirkus Prize Winners, and More Awards

The winners of the inaugural Kirkus Prize were announced Thursday evening at a private ceremony in Austin, TX. EUPHORIA by Lily King won the fiction prize (we featured it as a spring/summer Publishers Lunch Buzz Book). The nonfiction winner is CAN WE TALK ABOUT SOMETHING MORE PLEASANT? by Roz Chast, already…

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Amazon Misses Wall Street's Expectations On Bigger Loss; Shares Decline

Amazon announced third quarter sales after the close of the market on Thursday afternoon, missing analysts' expectations on both sales and earnings and disappointing on guidance for the next quarter as well. The stock dropped sharply in after-market trading Thursday, down over 11 percent (or $35 a share), though in regular…

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Oral Arguments For Apple's Appeal Set For December 15

After a period of quiet, the 2nd Circuit Court of Appeals has set a December 15 date for oral arguments on Apple's appeal of Judge Denise Cote's 2013 ruling in the federal ebook antitrust trial. The settlement reached earlier this year between Apple and the plaintiff states and consumers hinges on how…

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Bloomsbury Declines In First Half on Lower Adult Trade Sales

Bloomsbury reported weak sales and earnings for the first half of 2014, with revenues down 5 percent (or £2.6 million) to £46.6 million, and pre-tax profit down 26% (or £.6 million) to £1.7 million. The company blamed the comparison to an "exceptional" first half last year on the release of…

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People, Etc.

Media and entertainment industry executive Lauren Zalaznick has been appointed as the first independent board member of Penguin Random House. Zalaznick currently publishes The LZ Sunday Paper, a newsletter about women in business, media, and culture, and previously held a variety of leadership positions during a 12-year career at NBCUniversal,…

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Bookspan Plans Book-of-the-Month Club Relaunch, and Adds Affiliated Publishing Lines

Still the largest family of book clubs in the US, Bookspan has been quietly at work on ambitious new plans, PL has learned. A few months ago, with little fanfare, their "flagship" Book of the Month Club went dormant as a stand-alone club, integrating BOMC members in the companion club,…

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People, Etc.

Tara Singh Carlson will formally move over to Putnam as senior editor. She will acquire hardcover titles for the Putnam list, while continuing to acquire trade paperback originals for Penguin, which will "predominantly" issue the paperbacks of her Putnam hardcovers as well. Joan Didion is the subject of a documentary film…

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