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.

The full version, Publishers Lunch Deluxe, is e-mailed every business day to members of PublishersMarketplace.com. It contains 5 to 10 stories a links a day (or more), plus different standing weekly features (Bestseller Radar and The Most Reviewed).

Members can search a multi-year archive of previous Lunch newsletters, receive an optional nightly e-mail reporting 10 to 50 deal transactions a day, and use our proprietary databases, scripts, and posting privileges. Use our Registration page to sign up for a Marketplace account.

People, Etc.

Kerry Eltman has joined Fox Chapel Publishing as chief financial officer. Previously he was controller at The Jay Group, a logistics and supply chain company. John Aardema has joined Sourcebooks in the newly created position of art director in the entertainment & gift group. He spent the past nine years…

Continue reading

BookLamp Was Bought By Apple

The mystery of BookLamp's disappearance online has been solved: The company was purchased by Apple. The price was not disclosed, but a source tells Tech Crunch -- which reported the news on a tip and then obtained confirmation from Apple -- that the price was "higher than $10 million and…

Login to read more, or join Publishers Marketplace as a member

Legato to Be Merged Into PGW as Suchomel Exits

Ingram's acquisition of Perseus's distribution companies will close on July 31 as previously expected, and the first major change will see Legato Publishers Group formally merged into PGW, with founder Mark Suchomel leaving on August 1. The former president of IPG, Suchomel founded Legato in May 2013 and it operated as an…

Login to read more, or join Publishers Marketplace as a member

People, Etc.

Houghton Mifflin Harcourt has hired Bridgett Paradise as svp of human resources and chief people officer, reporting directly to CEO Linda Zecher. Her role "will encompass human resources strategy and policy, including talent management and acquisition, organizational design and employee benefits. Paradise has been at Microsoft, most recently in the position of general manager, human resources…

Continue reading

Judge Cote Unconvinced By Aspects of Apple Settlement Proposal

In a teleconference call with lawyers for Apple, the plaintiff states, and the consumer class, Judge Denise Cote "expressed concern" with the proposed settlement before her that would see Apple pay anywhere from nothing (if they win their appeal of Cote's July 2013 ruling in favor of the Department of Justice)…

Login to read more, or join Publishers Marketplace as a member

Pearson Steady During Restructuring; PRH "Performed Well"

Pearson reported sales for the first half of the year of £2.047, down 7 percent (but up 2 percent on currency neutral basis). Adjusted operating  profit was 75 million pounds, compared to 137 million pounds a year ago, reflecting bigger charges on their continuing restructuring charges (£43 million so far…

Login to read more, or join Publishers Marketplace as a member

Amazon Loses More Money Than Expected; Stock Suffers

Amazon's stock is down over 10 percent in early Friday trading (a decline of almost $40 a share) after reporting a larger than expected loss for their second quarter -- and forecasting bigger losses for the next quarter. Second quarter sales grew 23 percent to $19.34 billion, with an operating loss…

Login to read more, or join Publishers Marketplace as a member

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,…

Login to read more, or join Publishers Marketplace as a member

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…

Continue reading

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…

Login to read more, or join Publishers Marketplace as a member