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Finally, An Internet Guy Is Reinventing Publishing

by on February 14, 2013 in eNews, Financing/Start-Ups

As you know, there's a bull market for overblown startups claiming to reinvent publishing. NetMinds is the latest of those to make a media tour, with a press release timed in conjunction with today's TOC conference and their first book set for publication in March (though the company was founded…

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People, Etc.

by on December 6, 2012 in Direct publishing, eNews, Financing/Start-Ups, Free, New Imprints, Personnel

Benjamin Lee will join the Atria Publishing Group as associate publisher on January 2. He moves over from Simon & Schuster, where he was most recently director, sales, retail and marketing, overseeing Target, Readerlink, Baker & Taylor, Ingram, Kobo, Google, various other digital aggregators and the Christian retail market including…

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eNews: Guardian Highlights Harsh Amazon UK Kindle Contracts; Bertrams Partners on Online Bookseller Wordery; and More

by on October 22, 2012 in ebookstores, eNews, Financing/Start-Ups, International News

The Guardian reports on a UK Amazon contract they have seen that seeks to account for 20 percent VAT before calculating the publisher's share of digital list price--even though Amazon sells ebooks via their Luxembourg subsidiary and only pays 3 percent VAT at the moment. (That said, by 2015 EU…

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Frances Coady Launches Brightline, With Backing from Diller and Rudin, and Collaboration from the Atavist

by on September 19, 2012 in eNews, Financing/Start-Ups

After months of rumors, there are at least vague details about the ebook publishing plans of IAC chairman Barry Diller and film producer Scott Rudin. They have formed Brightline, led by Frances Coady--who left Picador, where she was president and publisher, in a February restructuring after 12 years at the…

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eNews: Amazon UK Says Kindle Sales There Surpass Print; AG Asks Court To Declare GBS "Is Not Fair Use"; And More

by on August 6, 2012 in Direct publishing, Distribution, eNews, Financing/Start-Ups, Legal, New Business Models, Sales

Amazon UK issued a press release Monday touting the news that ebook sales now outpace all print sales combined, measured across 2012. For every 100 print books sold from Amazon.co.uk (in all formats combined), they've sold 114 Kindle editions. As usual, their ratio excludes free Kindle books (but does include…

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eNews: Macmillan's $100 Million+ for Acquisitions; TED Launches Reading App/Store

by on July 9, 2012 in Apps/iOS, eNews, Financing/Start-Ups, Higher Ed

Former Questia founder Troy Williams, who joined Macmillan as general manager of New Ventures in fall 2010, tells Pando Daily that Holtzbrinck has allocated something over $100 million for him to purchase "ed-tech startups that will eventually be the future of Macmillan...as Macmillan transitions out of the content business and…

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People, Etc.

by on June 28, 2012 in eNews, Financing/Start-Ups, Free, Higher Ed, Personnel

Matthew Ballast has been promoted to acting director of publicity for Grand Central Publishing, replacing Jennifer Romanello, who recently departed the company. Rachel Burley has been appointed vp, director of open access at Wiley, where she will facilitate the identification of open access opportunities and lead the development of products,…

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eNews: Kobo Touch Available in Japan Next Month; Callaway's HAPPY New Venture is A Lifestyle App; and More

by on June 21, 2012 in Apps/iOS, Audio, ebookstores, eNews, eReaders, Financing/Start-Ups, International News, Libraries

The Kobo Touch will be available for sale in Japan as soon as July, according to a report from the Asahi Shimbun. Rakuten ceo and chairman Hiroshi Mikitani said the company plans to price the Kobo Touch reader at around 10,000 yen ($126) or cheaper, with plans to sell 50,000…

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eNews: Smashwords Projects Gross Sales of $12M This Year; Faber Condenses Book Extracts into "Faber Forty-Fives"; and More

by on June 7, 2012 in Direct publishing, eNews, Financing/Start-Ups

Smashwords ceo Mark Coker told Forbes that the company expects to double their gross revenues in 2012, to $12 million. They keep roughly 15 percent of that gross, and the company expects pre-tax profit "approaching $1 million." Coker indicates that romance novels and erotica comprise nearly 40 percent of sales. This…

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eNews: Hachette Testing Pilot Library eBook Programs with Two Distributors; The Atavist Will Launch Free Content Tool; and More

by on May 21, 2012 in Apps/iOS, Direct publishing, eNews, Features/Offers, Financing/Start-Ups, Libraries

Hachette is set to test pilot ebook library programs with two unnamed distributors sometime this spring, according to the ALA, which met with the publisher last week. Hachette discontinued the sale of new ebooks to libraries back in April 2010 (though backlist titles remained on offer) and the ALA believes…

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