Archives for December 2007

Deal Reports Just e-mail to deals@PublishersMarketplace if you aren’t using the online form linked below. Report a deal using the online form The Key As usual, the handy key to our Lunch deal categories. While all reports are always welcome, those that include a category will generally receive a higher listing when it comes time […]

Court Won’t Rule on Libel Tourism In the “libel tourism” case brought by author Rachel Ehrenfeld — who was hoping to be declared safe in the US from a default libel judgment in the UK — the NY Court of Appeals unanimously found that New York law has no jurisdiction over Saudi billionaire Khalid bin […]

Scholastic Will Sell Direct-to-Home Business Scholastic exceeded analysts’ diminished expectations for the company in their fiscal second quarter, though that hardly makes it a great performance. With the Harry Potter 7 tailwind still at their back, net profits were flat at $75.6 million, on sales for the quarter of $746 million, up close to $11 […]

Steroid Informants Look for Deals The NY Post reports on book proposals related to the baseball steroid scandal. Former Mets employee-turned-informant Kirk Radomski “was getting ready to pitch a book last week” through agent Scott Waxman — but “those meetings were abruptly canceled and no new sit-downs have been scheduled, said one publishing source. Waxman […]

CEO Resigns at Quebcor with Liquidity Problems Pressing Printing company Quebcor World’s problems continue to grow. CEO Wes Lucas announced his resignation yesterday as the company is “facing growing concerns about its financial liquidity,” according to Reuters. A deal to sell their European business fell through, as did a refinancing attempt last month. The stock […]

2007: The Way We Whined The LAT looks at the year in publishing and concludes that “even by the standards of the book world, 2007 saw more hand-wringing than usual… amid store closings, declines in sales, profits, book review sections — even literacy.” Among the views quoted: Washington Post Book World editor Marie Arana: “It’s […]