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Bookselling: Indigo's New Concept Store, Half-Price for Georgia

On Friday dominant Canadian bookselling chain Indigo will hold a grand opening for their new concept store in Toronto's Sherway Gardens, the chain's first new store in over 5 years and a model for ambitious renovation plans that "will be rolled out over time to the company's 90 other book…

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People, Etc.

Berlin-based digital publisher Frisch & Co., which has published 13 books in translation, will become an imprint of UK-based Canelo as of June. Publishing director Michael Bhaskar says in the announcement, "We want to take these wonderful, original, eclectic, innovative voices to the wide English ­speaking audience they deserve." Author of over 50 English-set historical romances,…

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Waterstones Exits eBooks and Digital Audio; Transfers Customers to Kobo

Waterstones is giving up on ebooks again and -- perhaps more importantly in the long-term, also walking away from the still-growing digital audio market. The company told their digital media customers by email and posted site notice that "the Waterstones digital download store is closing," and digital files are no…

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People

Brenda Marsh will become managing director of Abrams & Chronicle Books, the UK-based sales and marketing joint venture of Abrams and Chronicle Books, on June 27. Marsh has been vp, director of business development at Abrams since 2014, after almost 15 years in executive positions at Barnes & Noble. She fills…

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Quotable: Bezos Confirms the Known About Stores

It's making news that Amazon ceo Jeff Bezos confirmed at the company's annual meeting what is already known about their store rollout, without adding anything in particular: "We're definitely going to open additional stores, how many we don't know yet," he said. "In these early days it's all about learning,…

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People: Pfuhl to Holtzbrinck In Germany, and More

Joerg Pfuhl will join Holtzbrinck on September 1 as chief executive officer of their German trade publishing group, reporting to John Sargent. Previously Pfuhl was ceo of Verlagsgruppe Random House from 2002 to 2011, and more recently was a professor at the University of Applied Management and held board positions with…

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People, Etc.

Kathy Trager has decided to retire from her position of evp general counsel, Penguin Random House as June 30. CEO Markus Dohle writes to staff, "As one of the most accomplished general counsels in publishing ever, Kathy has left an indelible mark on our company and our industry." Associate general counsel Anke Steinecke…

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Another Concept Bookstore Opens -- Backed By Penguin Random House

Amazon isn't the only company of scale experimenting with a sleek new concept bookstore. Last Friday, a 1,000-square-foot concept store opened in under-served Puerto Rico with backing from Penguin Random House, in partnership with the island's Bookmark (which opened their first store in 2013). At the new Bookmark Boutique, "During its first…

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Australian Publishing Braces for New Battle As Government Proposes Dropping Book Import Restrictions

Australia's publishing (and bookselling) business has remained protected by "parallel import restrictions" that have kept the country relatively de-Amazoned -- but just as American antitrust law has been favoring low consumer prices over market consolidation, the Australian government is prioritizing lower prices for books over protecting the local publishing business. The…

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Google Play Gains Again, Even As Earnings Are Below Analysts' Estimates; Apple China iBooks Shutdown Confirmed

The headline from Thursday afternoon's earnings release from Alphabet/Google was that earnings came in below analysts' expectations, with first quarter sales of $20.3 billion up 17 percent. In the segment we follow, the glamorous "Other revenue" that incorporates the Google Play store, sales of $2.1 billion were up 24 percent…

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