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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Andersons Offer to Take Books-A-Million Private -- For Less Than Dropped 2012 Proposal

With Books-a-Million stock languishing since last summer, trading for around $1.70 a share, on Thursday evening the controlling Anderson family offered again to buy out the other shareholders and take the company private. The non-binding proposal from executive chairman Clyde Anderson on behalf of the family offers $2.75 a share…

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Simon & Schuster's North Star Way Division Promises Expanded Suite of Services

Simon & Schuster has launched North Star Way, a new publishing unit focused on practical nonfiction that the company says "will offer authors an expanded suite of profile-building, ancillary services that extend beyond the boundaries of traditional publishing." Bringing books to market starting in spring 2016, it is lead by vp, publisher Michele…

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People, Etc.

Random House's ambassador to independent booksellers Ruth Liebmann "will expand her role to provide the same critical support to the Penguin Publishing Group with our independent booksellers as she does currently for the Random House divisions." She takes on the broader title of vp, account marketing, Penguin Random House (and she…

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Amazon Has Slow Media Growth, But Slight Earnings Improvement Drives Stock

The sometimes inexplicable world of Amazon performance metrics continues. The company reported fourth quarter sales on Thursday after the close of the market, with relatively modest growth -- up 15 percent to $29.33 billion, below analysts' expectations of $29.7 billion. But their meager net income of seven-tenths of one percent…

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Caldwell's The Fifth Gospel, A PL Buzz Book, Tops March Indie Next List

The preview version of the March Indie Next List has The Fifth Gospel by Ian Caldwell as indie booksellers' No. 1 selection for the month. An exclusive pre-publication excerpt is available to read right now in our just-released Buzz Books 2015: Spring/Summer, if you have not downloaded your copy yet.…

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People, Etc.

Derek Stordahl is promoted to evp, Bloomsbury USA with responsibility for Bloomsbury's performance across their academic and trade businesses; he was previously head of sales. Cristina Gilbert is promoted to vp, sales and marketing for Bloomsbury's US adult and children's divisions. Alex Glass has formally announced his new literary agency,…

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Germany's Txtr Files for Insolvency

German ebook solutions and services provider Txtr filed for insolvency proceedings with a German District Court, which has appointed a provisional administrator to oversee the sale of the company's assets. People familiar with the situation say that Txtr had been exploring a sale in recent months, and it's now expected that…

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Courier Will Weigh New Bid from RR Donnelly

Following Courier Corp.'s definitive merger agreement with Quad/Graphics, on Tuesday morning competitor RR Donnelly made a higher, unsolicited buyout bid, offering $23 a share -- $2.50 more per share (or approximately $15 million higher) than the Quad/Graphics payment. Already facing the typical shareholder "investigations" over the Quad/Graphics merger, Courier announced Wednesday morning…

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Announcements: Oyster Adds Harry Potter, R&L Buys Chase's

eBook subscription service Oyster announced on Wednesday morning that they have added the Harry Potter series to their collection, along with 3 Hogwarts Library titles. Amazon first licensed the Potter books from Pottermore for borrowing in May 2012, originally on an exclusive basis "at least until 2014," for inclusion in their…

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People, Etc.

On Tuesday, the UK's Sky News reported that Pearson chairman Glen Moreno is "preparing to leave the company later this year" after 10 years there. Their sources say that Pearson has retained a headhunter to oversee the recruitment of a new chair. (It had been announced previously that Moreno will…

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