The UK trade magazine, which has long been somewhat of a loss leader for the parent company’s more profitable operations, like the British Book Awards and their book business research agency BML, will cease publication as of the July 25 issue. Founder and chairman Fred Newman says: “This has been a sad and difficult decision to make, but the nature of the book trade which today offers a multiplicity of ways for publishers to sell books both to booksellers and to consumers, has changed dramatically. For the biggest book publishers the trade press is now only one of many options […]