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 Pamela Schoenewaldt’s THREADS ON THE MOUNTAIN, about a young seamstress in 1870s […]
Archives for November 2009
NYT's Critic's Top 10 Lists
Last Tuesday at the site we posted these individual top 10 lists from the NYT’s three book critics: Michiko Kakutani’s Top 10 Che’s Afterlife: The Legacy of an Image, By Michael CaserThe Good Soldiers, By David FinkelThe Lost City of Z: A Tale of Deadly Obsession in the Amazon, By David GrannLit: A Memoir, By Mary KarrTrue Compass: A Memoir, By Edward KennedyA Gate at The Stairs, By Lorrie MooreLark and Termite, By Jayne Anne PhillipsPops: A Life of Louis Armstrong, By Terry TeachoutEverything Ravaged, Everything Burned, By Wells TowerIn Fed We Trust: Ben Bernanke’s War on the Great Panic, […]
BN Warns On Low Store Traffic and Higher Nook Costs
Barnes & Noble reported that store sales fell 2 percent to $950 million in their second quarter, with same-store sales down 3.2 percent (the smallest comp decline in the past six quarters, believe it or not). BN.com sales rose 9 percent at $120 million, and College sales for a one-month period only of $65 million were down 0.2 percent on a same-store basis. They reported a lost of $24 million, or 43 cents a share–with 30 cents of operating loss and 13 cents attributed to the College acquisition. Worrisome to both Wall Street and the trade, BN warned that they […]
Morpeth Rises At Headline; Job Cuts As Nonfiction is Reduced
The Headline Publishing Group has announced their new executive line-up following the departure of two key executives, but also indicated a strong shift away from nonfiction (following a tough year for such books in the UK) and unspecified job reductions as a result. Jamie Hodder-Williams officially takes over as chief executive of Hodder & Stoughton and Headline, reporting to Tim Hely Hutchinson and replacing the retiring Martin Neild. Current joint deputy managing director Jane Morpeth has been promoted to managing director of the Headline group, and she joins the board of Hachette UK. Fiction publishing director Marion Donaldson moves up […]
More Sales Declines at Borders As Superstore Comps Fall 12%
Over at Borders, sales for the quarter fell 12.7 percent, at $595.5 million, with an operating loss of $39 million that was equal to last year’s deficit. (Their adjusted EBITDA loss of $34.2 million was higher than the $25.5 million a year ago.) The same-store sales declines were almost as brutal as the overall drop: superstore comps were down 12.1 percent (and still down 8.1 percent excluding multimedia), while Walden comps were down 12.7 percent. Total superstore sales were $492 million (down 12.1 percent), with Walden sales of $73 million down 20.3 percent from fewer stores. Calling the results “both […]
ALA Updates their Google Books Settlement Guide
Jonathan Band’s “Guide for the Perplexed” has served as a handy overview of the Google Books Settlement and now he has provided a fresh overview focusing on the newly revised agreement. A portion focuses on library-specific issues (as before), but general readers will also find it useful.Click here to view in your browser