Publishers Lunch is the industry's "daily essential read," now shared with more than 40,000 publishing people every day. Each report gathers together stories from all over the web and print of interest to the professional trade book community, along with original reporting, plus a little perspective and the occasional wisecrack added in.

The full version, Publishers Lunch Deluxe, is e-mailed every business day to members of PublishersMarketplace.com. It contains 5 to 10 stories a links a day (or more), plus different standing weekly features (Bestseller Radar and The Most Reviewed).

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Corporate: Adams Acquisition, Capstone Sells Digital Platform, and More

Simon & Schuster's parent company CBS filed their annual report with the SEC at the end of last week. While it does not directly state the purchase for Adams Media, acquired in the fourth quarter of 2016, a little arithmetic yields the answer: S&S paid approximately $42 million to purchase…

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People: Morgan Joins Riverhead, and More

Former editorial director at Harper Perennial and Harper Paperbacks Cal Morgan will join Riverhead as vp, executive editor. Riverhead president and publisher Geoffrey Kloske said in the announcement: "I've always admired Cal's innovative literary vision and passion for books and publishing. After a few decades of competing against him I'm thrilled to…

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Simon & Schuster Cancels Milo's DANGEROUS

Just one week after the publication date for Milo Yiannopoulos's DANGEROUS was pushed back from March 14 to June 13 at the author's request (while he appeared to admit he had yet to "submit the manuscript"), Simon & Schuster cancelled publication of the book. The company's statement, issued Monday afternoon, reads in…

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Forthcoming: Gaiman Sequel to Neverwhere; Millenium Novel Gets a Title

Twenty years after the publication of Neverwhere, Neil Gaiman has announced he is working on a sequel. Gaiman told the audience at an event in London that he is "a solid three chapters" into the project, titled THE SEVEN SISTERS. The Guardian reports that "Gaiman said that he had been prompted to…

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People, Etc.

George Coe is being promoted to coo for Follett Corporation and Baker & Taylor, effective March 31. He has been Follett Group President, Baker & Taylor and Follett School Solutions since the acquisition of Baker & Taylor in April 2016 -- prior to which was president and ceo of Baker & Taylor. Follett ceo Ray…

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People, Etc.

Rose Hilliard has joined Audible as executive editor in their Original Publishing division, bolstering their acquisitions of original audiobooks and audio-first projects. She was senior editor at St. Martin's. Jessica Renheim has been promoted to senior editor at Dutton. Publisher Christine Ball said in the announcement, "As you all know she is one…

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Simon & Schuster Finishes with Declining Sales But Rising Profits

Sales at Simon & Schuster fell to $209 million in the fourth quarter, down $24 million compared a year ago. (In 2014, the company had sales of $215 million in the quarter.) CBS said in their release the decline reflected "a difficult comparison with the fourth quarter of 2015, which…

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Briefs: Finally, A Paperback Edition for All The Light We Cannot See; ALA's Book Club Central; and More

Just under 3 years after it was first published in hardcover, Scribner will release Anthony Doerr's All the Light We Cannot See in trade paperback, on April 4. The book has "more than 4 million copies in circulation across all formats in North America." (Though it is worth nothing that…

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People: HMH Names Jack Lynch As CEO, and More

Five months after firing Linda Zecher following a series of unexpected performance problems, the Houghton Mifflin Harcourt board has hired John (Jack) J. Lynch, Jr., 58, as president and chief executive officer. L. Gordon Crovitz will continue to serve as interim CEO until Lynch joins the company. Lynch will take over…

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New Philip Pullman Book of Dust Trilogy Begins In October

The first installment of Philip Pullman's THE BOOK OF DUST trilogy was announced for publication on October 19 in the US and UK by Penguin Random House. Knopf Children's announced a first printing of 500,000 copies, and David Fickling Books and Penguin Random House UK Children's will publishing in the…

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