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Archives for September 2009

September 28, 2009By Michael Macrone

Lunch Weekly for Monday, September 28

September 28, 2009By Michael Macrone

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 5 Under 35 Award-winning author Charles Yu’s HOW TO LIVE SAFELY […]

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September 28, 2009By Michael Cader

Spanish Media Company Sells Stake in Santillana

September 28, 2009By Michael Cader

Houghton parent company Education Media is hardly the only overindebted conglomerate with book publishing interests. This morning Spanish media group Prisa said it would sell a 25 percent stake in book publisher Grupo Santillana for approximately $362 million. The buyer is Credit Suisse-run private equity firm DLJ South American Partners. Spain’s biggest media company, Prisa carries debt of over 5 billion euros, so the sale of the Santillana stake will have little overall impact. Santillana is “one of Prisa’s most profitable units,” the WSJ notes, adding that “the fact that Prisa is selling off part of such a lucrative unit […]

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September 28, 2009By Michael Cader

People

September 28, 2009By Michael Cader

At Pocket Books, Jaime Costas has been promoted to associate editor. William Safire, the NYT’s “oracle of language,” died Sunday at 79 of pancreatic cancer.NYT

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September 25, 2009By Michael Cader

Steve Rubin Leaves Random House

September 25, 2009By Michael Cader

Conspicuously absent–and oddly unthanked and unmentioned–at last week’s Knopf Doubleday party for Dan Brown, Random House evp and publisher-at-large Steve Rubin is leaving the company. He said in a brief announcement: “I leave Random House after 25 years with a great sense of accomplishment and pride, as well as a bit of sadness. It has been a tremendous ride. I have had the privilege of publishing and working closely with some of the greatest authors in the world. There are too many to name, but I must mention John Grisham, Dan Brown, Pat Conroy, Bill Moyers, Bill O’Reilly and Tina […]

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September 25, 2009By Michael Cader

More People News

September 25, 2009By Michael Cader

John Wicker has decided to leave his position as evp of Klopotek North America and restart his consulting business, and he will continue to consult for Klopotek. Over the past four years, Klopotek’s revenue in this region grew tenfold. Karen Tiesling will take over Wicker’s responsibilities as evp sales of Klopotek North America (where she is also evp of product development). She joined the company when Klopotek acquired Global Turnkey Systems in 2006. Amy King will join Rodale Books as executive director, art & design on October 5, reporting to Karen Rinaldi. She has been creative director for Bloomsbury USA. […]

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September 24, 2009By Michael Cader

Judge Chin Orders Google Case Parties to Oct. 7 Status Conference

September 24, 2009By Michael Cader

The judge has agreed to the request to not hold a full hearing on the proposed settlement on October 7 “as it does not appear that the current settlement will be the operative one.” But he doesn’t want to wait another month to learn the status of negotiations, as the Authors Guild and AAP had asked. At the October conference he wants “to determine how to proceed with the case as expeditiously as possible, as this case has now been pending for over four years.” While Chin will not hear from any other petitioners at the hearing, “they are free […]

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