Archives for February 2005

Moved Up Jose Canseco’s JUICED will now be published a week earlier, on February 14, and his 60 Minutes segment will air this Sunday. James Stewart’s DISNEYWARS has also been moved up, by two weeks, to February 22. Amusingly, Variety’s Peter Bart writes that “everyone I ran into last week claimed to be reading it and had an opinion about its impact on the future of Disney.” Borders Buys Are Driven By the Stats Variety looks at how BN and Borders “have so completely remapped the sensory experience of shopping that it’s easy to forget what book-buying used to be […]

Eisner Denies He Called His Execs “Monkeys” The LA Times has another take on James Stewart’s forthcoming DISNEYWARS. Citing a draft copy of the manuscript that they have obtained, the Times’ coverage focuses on the portrait painted of Robert Iger: “One of an embattled and sometimes insecure man who hungers for respect and recognition, especially from his boss, Walt Disney Co. Chief Executive Michael Eisner.” By their account, Disney’s review of the manuscript has led to “battling behind the scenes with the author and his publisher” over passages the company finds “slanted or erroneous.” The paper says, “Some of those […]

McEvoy Buys Packager The McEvoy Group, which owns Chronicle Books and is run by Chronicle chairman and CEO Nion McEvoy, has purchased Seattle-based book producer becker&mayer!. Founders Jim Becker and Andy Mayer will continue to run the 42-person (and growing) Seattle-based company, and Becker says it will be “business as usual” in their primary businesses of creating and producing books for a variety of publishers and retailers. Broadly speaking becker&mayer! and Chronicle will operate on an “arm’s length relationship,” Becker says, with no consolidation and no special offerings of packaged books to Chronicle. Chronicle will take over sales and distribution […]

Amazon Reports In There are all manner of ways of presenting and spinning Amazon’s fourth quarter results, but we’ll start by focusing on the things that might be of the most interest to the book publishing world. Sales for the quarter reached $2.54 billion, up 31 percent overall (including an $85 million “benefit” from exchange rates). North American media sales, the segment that includes books, grew 18 percent, to $885 million for the quarter, and $2.589 billion for the full year (up 14 percent) — making it Amazon’s slowest-growing segment. The company overall hit sales of $6.92 billion for the […]

Quarterly News Second quarter fiscal results popped at HarperCollins, with profits up 8.8 percent to $62 million (after a nearly flat first quarter) and sales up even more, by 10.6 percent, to $377 million. And those results are in comparison to a strong second quarter a year ago as well. A News Corp. statement notes in particular movie-driven life for the Lemony Snicket series and continuing Purpose-Driven Life sales. Though the latter had slowed down a little over the summer, it sold a robust 1.5 million units or so during the reported quarter, bringing the North American total to 20.5 […]

Jovanovich Will Leave Pearson Head of Pearson’s education unit Peter Jovanovich, 55, is resigning, in the wake of continuing medical complications following a double-lung transplant almost a year ago. Divisional heads will now report directly to Pearson CEO Marjorie Scardino, as was the case during Jovanovich’s lengthy leave-of-absence. As Pearson’s largest and most important division, the educational unit yields about 60 percent of the company’s sales (and an even larger share of its profits); a predicted resurgence in US educational markets has been billed as a key to Pearson’s 2005 performance. Reuters report Borders’ Nonfiction Pick Borders has been oddly […]