At the close of Wednesday's Making Information Pay conference, current BISG (Book Industry Study Group) chairman and Hachette Book Group president Ken Michaels addressed the importance of industry cooperation, particularly now that a simple "linear, rational, supply chain that we recognize and understand...no longer exists." He asked, "the most important…
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Amazon Publishing Will Speed up Author Royalty Payments
In letters to authors and agents sent Monday afternoon Amazon Publishing said it will quicken the pace at which it pays out author royalties, moving from quarterly remittance to monthly payments, issued 60 days after the close of each month. The news was first reported by the WSJ and we've…
Publishers: U. of Missouri Press to Close; Page Celebrates "Legacy"; Penguin Launches A Pintail
University of Missouri president Tim Wolfe apparently surprised staff with the announcement Thursday that the UM Press will close. Started in 1958, it currently publishes about 30 titles a year, and has issued approximately 2,000 books since its founding. Wolfe said they "take seriously our role to be good stewards…
Malcolm Gladwell Celebrates The Editor As "King"
After an issues-focused morning at Wednesday's AAP annual meeting in New York, the closing speaker, bestselling author Malcolm Gladwell said, "I took a look at the lineup and it's pretty clear to me, I'm the party tape." But what Gladwell provided, to substitute a different metaphor, was red meat to…
Publishers Acknowledge Legislative and Educational Challenges
As this morning's annual meeting of the Association of American Publishers (AAP) in New York underscored, in today's complicated and changing times the organization has more legislative and policy issues on its hands than it has in some time. Association president Tom Allen emphasized how much has changed since he…
That Article
Until this morning's mystifying Lauren Myracle news, people in publishing were shaking their heads in a variety of ways over today's NYT piece on Amazon's publishing efforts. The idea is that buying a celebrity memoir at auction and reissuing a self-published work for no advance changes the game, but it…
Controversy About Coal Lesson Packet Causes Scholastic To Cut Back Corporate-Sponsored Projects
After receiving a barrage of criticism back in May for sponsoring a fourth-grade lesson packet on coal-based energy that was paid for by the American Coal Foundation, Scholastic announced Sunday evening that it will cut back its InSchool marketing division’s corporate-sponsored projects and create a new review board to vet…
Briefs: Indigo Changes Product Mix and Plans Speedier Returns; Pan Mac Earnings; and More
Starting this fall Indigo will add more shelf space for giftware, toys and lifestyle products while cutting back on space for books. And at a vendor-relations meeting last week, the chain also reportedly informed suppliers it will evaluate book sales after 45 days and return underperforming titles soon after. The…
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Robert Gottlieb: A fantastic and important line up of discussions. ...
- Publishing News of the Week | Foreword Literary: [...] PublishersLunch lists more Fall/Winter Buz...
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- Publicity for Ebooks | Digital Book World: [...] Ebooks 31% of Trade Sales for Hachette in Q1...
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Jack W Perry: Michael -- once again, I appreciate your reasoned ...