Big publishers throughout the industry have been quietly discussing postponing the release of ebook versions of their frontlist hardcover fiction after the dramatic spike in Kindle sales at the widely-despised (within the industry) $9.95 price point–but independent Sourcebooks is the first to score headlines for delaying an ebook release. The WSJ covers their decision to delay an ebook release of Kaleb Nation’s BRAN HAMBRIC: The Farfield Curse for at least six months. Sourcebooks has announced a 75,000-copy first printing for September and agent Richard Curtis concurs with the decision: “We don’t want to undercut the sales and royalty potential of […]
Archives for July 2009
Lunch Weekly for Monday, July 13
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 to put them all together. “nice deal” $1 – $49,000 “very nice deal” $50,000 – $99,000 “good deal” $100,000 – $250,000 “significant deal” $251,000 – $499,000 “major deal” $500,000 and up FICTION Debut Anna Michaels’s THE TENDER MERCY OF ROSES, a southern gothic novel […]
Spain's Three Biggest Publishers Form eBook Distribution Company
Planeta, Random House Mondadori and Santillana–which comprise 70 percent of the Spanish trade book market–have joined forces to set up an ebook distribution company. And apparently the three hope that together they can impose an economic model on the market–intending to sell ebooks at 80 percent of the print list price, paying royalty of 25 percent, and selling to booksellers at a 50 percent discount. But publishers intend to hold these terms only for two years, through 2011. Publishing Perspectives (the recently-launched newsletter from the Frankfurt Book Fair covering one issue of international interest daily, led by Ed Nawotka) reports: […]
More International News: Australian Restrictions Set to Fall; Chinese Kindle Clone; Borders UK to Close 5 Stores; and Three UK Papers Run the Same Story
In Australia, with a report imminent from the Productivity Commission on the country’s copyright laws that protect local book publishing from import editions, consumers are expected to win a bigger victory than initially anticipated. The Sydney Morning Herald “understands one of the proposals will be to free up restrictions on book imports, after a period of up to three years to give the industry time to adjust.” In a draft version of their recommendations in March the commission “said removing all import restrictions would damage the industry” and “advocated limits should apply for a year after a book was first […]
People and Awards
At Grand Central, Celia Johnson has been promoted to associate editor: “We feel she’s a star in the making.” Executive director of Anova Books Roger Huggins will leave the company at the end of July. He says, “having spent over 40 years with Batsford and most recently as Executive Director of Anova Books, I feel it is now time to move on. In the future I hope to become involved in a variety of publishing projects and importantly also to find time to enjoy my many other interests.” Abby Anderson has been named sales and subsidiary rights manager at PublishingWorks. […]
Scaled-Back Miami Book Fair to Charge For This Year's Event
After 26 years of free admission, the Miami Book Fair will charge for this year’s event, held between November 8 and 15th. Attendees will be asked to pay $8 for admission to the weekend street fair on Saturday and Sunday and $10 for ”Evenings With . . .” programs that run opening night and through the week. The fair will also discontinue its opening-day festivities, its Street Fair parade and International Pavilions. Kids under 18 will still get in free, and fair-goers over 62 will still pay $5 for the street fair. Cofounder and chair Mitch Kaplan told the Miami […]