At Wendy Sherman Associates, Kelli Martin has joined as an agent representing romance, women’s commercial fiction and book club fiction. She was previously a founding editor of Montlake Romance at Amazon Publishing and an executive editor at Lake Union. Nicki Richesin has joined as an agent representing upmarket and literary fiction, young adult fiction, and memoir. She previously…
Supreme Court Changes Internet Tax Landscape, Ruling States Can Collect Sales Tax from Many Online Sellers
By a 5-4 vote the Supreme Court overturned the precedent from Quill Corp. v. North Dakota in 1992 that effectively left internet companies with no physical presence in a state exempt from collecting sales taxes. The Court took the case, South Dakota v. Wayfair, “to reconsider the scope and validity of the physical presence rule…
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Louise Sherwin‐Stark, currently joint managing director of Hachette Australia and New Zealand, has been appointed ceo, reporting to deputy Hachette UK ceo Richard Kitson. Sherwin-Stark shared her position with Justin Ratcliffe who will stay on as managing director of Hachette ANZ. Kate Cassaday has been promoted to executive editor at Harper Canada, effective June 25. Emily C….
BNED, However, Ends The Year On A Positive Track
Separately, Barnes & Noble Education reported fourth quarter and full fiscal year sales after the close of the market on Wednesday. Fourth quarter sales of $358 million were up 4.3 percent, and full year sales of $2,204 million were 17.6 percent higher — both due to the acquisitions of MBS in February 2017 and Student Brands…
Barnes & Noble Ends the Year On Further Declines
Barnes & Noble reported fourth quarter and full-year results Thursday morning, and once more the trendline for the company is decidedly downward. Sales for the quarter were $786 million, a decline of 4.3 percent from the prior year, while comparable store sales dropped 4.1 percent. Consolidated EBITDA was $6.7 million in the fourth quarter, as…
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Former editor-in-chief of Real Simple Kristin van Ogtrop will join Inkwell Management as a literary agent. She will represent memoir, biography, commercial women’s fiction, lifestyle and “big idea books driven by counterintuitive thinking.” Inkwell partners, Kimberly Witherspoon, Richard Pine and Michael Carlisle write: “Though Kristin was a terrifically successful magazine editor, we are certain that…