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Acknowledging Big Drop in Amazon Sales, Ellora's Cave Cuts Staff, Expenses

Romance publisher Ellora's Cave sent a letter to authors -- originally picked up by Absolute Write, then republished by Dear Author after the post was taken down -- explaining recent cuts that laid off nearly all of its freelance editors and reduced the headcount to three full-time editors. The publisher…

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People, Etc.

Rick Horgan will join Scribner on August 25 as executive editor, where he will acquire and edit nonfiction, including politics, sports, current events, biographies, business, memoir, and thought leader books, as well as commercial fiction. Horgan was most recently vp, executive editor at the Crown Publishing Group, where he spent…

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People, Etc.

Will Atkinson will join Atlantic Books as managing director and publisher on October 1. Previously he was sales and marketing director at Faber, where he spent the past 20 years. Atlantic chairman Peter Roche said in the announcement "At Faber, [Atkinson] has demonstrated an unrelenting enthusiasm for independent publishing tempered…

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Deal to Sell Perseus Is Cancelled

On Thursday afternoon, Perseus Books Group ceo David Steinberger told employees that the deal struck in late June to sell Perseus to HBG, with the Perseus Distribution lines to be immediately sold to Ingram, has fallen apart and been cancelled. "The planned transaction involving our company, Hachette and Ingram is…

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Safari Books Now Fully Owned By O'Reilly Media, and More

O'Reilly Media has become sole owner of Safari Books, buying out Pearson's 50 percent stake for an undisclosed sum (though it's expected Pearson will announce how much it was paid in their next financial report later this year.) Safari, founded in 2001 as a joint entity between O'Reilly and Pearson,…

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Kensington Discloses 18-Month Terms Impasse With Amazon

Hachette's ongoing terms dispute with Amazon has given cover for the WSJ to describe another recently resolved terms dispute between the retailer and a different, smaller publisher. Kensington ceo Steven Zacharius told the paper the company spent 18 months negotiating its latest deal with Amazon, which began in July and…

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HarperCollins Completes Harlequin Acquisition

News Corp announced Friday that it has completed its acquisition of Harlequin in early May, with the publisher set to keep its Toronto headquarters and, as previously announced, operate as a division of HarperCollins. The deal closed in advance of HarperCollins' next quarterly report, which will be announced after the…

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Corporate: Perseus Sale Postponed; Mondadori Merges Children's Imprints

The closing of the sale of the Perseus Books Group to Hachette -- with the distribution businesses to be sold in turn to Ingram Content Group -- has been postponed past the intended July 31 date. That closing date always seemed ambitious, since the complicated three-way agreement was not executed until June…

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Sales Slide At Harlequin, With Sale Now Expected Within Days

Harlequin's current parent company Torstar announced second quarter results on Wednesday morning, and the company said it now "anticipate[s] closing the transaction on or about August 1" to sell Harlequin to HarperCollins. They have "received the regulatory clearances and approvals required," and "while the transaction remains subject to certain customary…

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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…

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