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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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People, Etc.

Julie Matysik will join Running Press Kids as editorial director on March 14. Previously she was editorial director at Sky Pony Press. At Da Capo Press and Da Capo Lifelong Books, Sean Maher has been promoted to associate director of marketing and Jillian Farrel moves up to marketing manager. Hilary…

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DBW Over Three Days, Available Three Ways

Our big Digital Book World event is about a week and a half away, this year covering three full days of programming -- March 7 through March 9 -- with more options than ever before. You can choose one, two or three days of sessions, depending on what fits your…

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The Buzz Books Young Adult Authors

Maggie Stiefvater fans got our new Buzz Books releases off to a roaring start last week when they learned that we featured the opening chapters of the fourth and final installment in The Raven Cycle (which starts with a big surprise) -- and this new edition packs in a lot…

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People

Miriam Altshuler will join DeFiore and Company on January 1. She has run her own agency for the past 21 years, working with authors including including Robb Forman Dew, Elizabeth Rosner, Maya Lang, Andrew Carroll, Marja Mills, Wednesday Martin, and the late Walter Dean Myers. Also joining DeFiore and Company is…

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Deal Volumes and Dollars Still Lag This Frankfurt Season

Our deal reports have been busy, as they always are around book fairs, but the information flow is big enough and the annual hype from other quarters intense enough that we always like to look to the data. An analysis of PM deal reports clearly shows that, as indicated at the…

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People, Etc.

Obituaries Founder of Tarcher Books, Jeremy Tarcher, 83, died on Sunday of complications related to Parkinson's Disease. Current publisher of the Tarcher Perigee imprint of Penguin Random House Joel Fotinos says in a statement: "Jeremy was one of the most creative and brilliant people I've ever met.  His boundless curiosity inspired…

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Paulson Will Pull More Money Out of HMH with Secondary Offering and Share Buyback

Houghton Mifflin Harcourt's largest shareholder John Paulson and his associated investment funds will be cashing out another couple of pieces of his investment. The recently announced $300 million in stock repurchases announced by the board apparently includes a deal to buy $150 million of stock directly from Paulson's companies. The price…

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KDP Fund for February: Down Slightly Overall, Up Slightly Per Book

In their monthly retroactive declaration of how much KDP Select authors earned from Kindle Unlimited borrows for February, Amazon financed a total pool of $8 million -- down from $8.5 million allocated in January. That's the first time Amazon has reduced the monthly pool. The fee paid per borrow rose slightly,…

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Amazon and Hachette Finalize New Contract

Hachette Book Group and Amazon announced jointly on Thursday morning that "the companies have reached a new, multi-year agreement for ebook and print sales in the US." HBG ceo Michael Pietsch said, "This is great news for writers. The new agreement will benefit Hachette authors for years to come. It gives Hachette enormous…

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