About Michael Cader

Michael Cader is the creator of Publishers Lunch and PublishersMarketplace.com
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Awards: BN Discover Winners, McCracken Takes Story Prize, LAT Nominees

The Barnes & Noble Discover Great Awards went to All the Birds, Singing by Evie Wyld (Knopf) (a Publishers Lunch Buzz Book a year ago prior to publication) and Badluck Way by Bryce Andrews (Atria). Elizabeth McCracken has won The Story Prize for her collection Thunderstruck (Dial Press). The Los Angeles Times…

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BEA's Three Panels of Buzz Books

BEA has announced the fall books to be featured on the convention's three Buzz Books panels in May. The adult panel is evenly divided between fiction and nonfiction. There's one debut novel (from Stegner Fellow and Paris Review Plimpton Prize winner Ottessa Moshfegh); one adult debut (YA author Ruth Warburton, writing as…

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March Bookseller Picks

The March Pennie's Pick at Costco is Dead Wake by Erik Larson, releasing the 10th. At Amazon, George Hodgman's Bettyville -- previewed now in our Spring/Summer Publishers Lunch Buzz Books sampler -- is their spotlight pick, and Jill Alexander's Hausfrau is the featured debut. The other picks for March are Larson,…

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Paula Deen Books to Return This Fall, Distributed By HBG

Paula Deen returns to book publishing this fall, issuing her titles through Paula Deen Ventures, the company she launched in early 2014 with backing from Najafi Media. The company announced an agreement with Hachette Book Group to sell and distribute her titles throughout the world. The first planned new title…

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Almost Expired: Our PM Discount Code

That special discount code for new PublishersMarketplace.com subscribers we introduced on Groundhog Day officially expires at the end of the February -- so if you are interested, this is your last chance. As a reminder, here's how it works: When you use the code 2015, you'll get your first month's worth…

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Pearson "Completed Our Intense Two Year Restructuring"; Names PRH's Williams CFO

Pearson announced preliminary annual results Friday morning, with sales of £4.874 billion down 4 percent (but up 2 percent on a constant-exchange-rate basis) and higher operating profit of £720 million -- with lower restructuring charges but a higher tax rate, leaving  earnings down to 66.7 pence per share, compared to 70.1…

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Trade Rebounds In Houghton's Fourth Quarter

Helped by publication of bestselling What If, Houghton Mifflin Harcourt's modest trade division saw sales rise in the fourth quarter to $48 million, up $2 million from a year ago, as the unit recorded a small net gain for the period ($500,000), compared to a small net loss a year ago. Adjusted EBITDA…

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Barnes & Noble to Spin Off College Business As Separate, Public Company

Barnes & Noble filed a registration statement with the SEC to separate BN College into a separate, publicly-traded company, which will operate as Barnes & Noble Education Inc. They say "the separation is intended to be a tax-free distribution to Barnes & Noble shareholders and is anticipated to be completed by…

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Chegg to Outsource Print Textbook Business to Ingram

Building substantially on an initiative that began last August, Chegg.com will transition the handling of all print textbook inventory over to Ingram under a renewable, five-year agreement as the company that started as a textbook rental play moves towards becoming an all-digital "student hub." (Digital textbook rentals will become Chegg's biggest…

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Baker & Taylor Sells BTMS to Readerlink, YBP to EBSCO

A formal announcement is expected on Monday detailing a sale of Baker & Taylor's Baker & Taylor Merchandise Services (BTMS) unit to ReaderLink, consolidating the latter's leading position distributing books to warehouse clubs and mass merchandisers. BTMS is based around the assets acquired in bankruptcy from Advanced Marketing Services (AMS) in…

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