About Michael Cader

Michael Cader is the creator of Publishers Lunch and PublishersMarketplace.com
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Simon & Schuster's Year-End Letter

Simon & Schuster ceo Carolyn Reidy wrote to employees on Friday afternoon with her holiday wishes following "another successful year in which we enjoyed outstanding publishing across the board, in every category and from all our publishing imprints and divisions." Much of the letter is a highlights reel, with one…

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More Year-End Items

The Guardian has their annual feature in which they survey top UK editors, asking about their "books that deserved to do better" and the books they wish they had published. Or rather, they survey 11 men and 2 women -- so Virago associate publisher Ursula Doyle has mobilized a broader…

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Briefs

Following Macmillan ceo John Sargent's indication that they will, with some reluctance, "test subscription in the coming weeks," Oyster announced that their collection now includes over 1,000 titles published by Bloomsbury. Harper UK has disclosed their annual results for the fiscal year ending June 30, 2014. Sales fell to £179 million, down…

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Macmillan Resumes Agency, Will Test Subscriptions

Macmillan ceo John Sargent told authors, illustrators and agents in a letter that the company reached their own multiyear deal with Amazon "late last week" for both print books and ebooks, starting January 5, restoring a fuller agency model for ebooks. That agreement comes as Macmillan's consent decree with the government…

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Filling Out the Main Stage

We continue to confirm a few final speakers for next months' Digital Book World, including Penguin Random House Children's president and publisher Barbara Marcus and Nielsen Book president Jonathan Nowell joining us at the opening day's Publishers Launch Kids show. Notably, filling the last main stage keynote slot is Apple's…

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Dohle Looks to Year Ahead

Penguin Random House ceo Markus Dohle's year-end "thank you" letter to employees focuses more on what's coming than what happened -- aggregating "some of the successes that we've been able to achieve together publishing" in a separate highlights video. Dohle congratulates employees on "making sure we have hit every one of…

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School Book Clubs Help Lift Second Quarter Sales At Scholastic

Scholastic reported second quarter sales of $666 million, up 7 percent (or $43 million) from a year ago, "largely driven by strong sales in children's books, especially in the company's school-based distribution channels, and continued growth in classroom books and magazines." All of the growth and more came from the…

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People: Reich to Retire from PGW

Perseus Books Group ceo David Steinberger announced to employees on Tuesday that president of Publishers Group West Susan Reich plans to retire on March 31 (and will remain in that role until her retirement). Reich was president and COO of Avalon for 10 years before it was acquired by Perseus,…

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KDP Fund Nudges Up Again

After growing public disappointment from at least some authors with the effect of the Kindle Unlimited subscription program on the marketplace for self-published books, Amazon provided authors with a slight improvement on the economics for November. They added a "bonus" of $3.5 million to fund that self-published authors share, for a total…

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Google's Top Book Searches for 2014

Google released their "trend" charts exploring the year in searches, across multiple categories. They do not seem to have tracked author searches this year, but they did list the top 10 "trending" book searches in the US: 1. Boy, Snow, Bird, Helen Oyeyemi 2. Blood Will Out, Walter Kirn 3.…

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