• Skip to main content
  • Skip to primary sidebar
  • Login
  • Register

Publishers Lunch

The Publishing Industry's Daily Essential Read

  • Publishers Marketplace
  • Site Guide
  • Help

In Reorganization, Octopus USA to Close As UK Cuts List and Consults on Job Reductions

May 5, 2010
By Michael Cader

“Strategic changes” from the Octopus Publishing Group in London include the closing of Octopus USA, launched within Hachette Book Group USA at the beginning of last year. As a result, USA associate publisher Jonathan Stolper and director of publicity and marketing Andrea Glickson’s jobs are being eliminated, though the company says they “launched and managed the Octopus USA business very successfully, and Octopus’ profile in North America has grown significantly thanks to their hard work.” HBG’s client services group will continue to handle sales and distribution of Octopus titles here.

In the broader reorganization of the unit, they will focus on “the areas where it has a particularly strong presence such as food and wine and moving away from areas where there is no opportunity for long term growth.” The company cited “the continued downturn in the markets for certain types of illustrated and reference books.” In the UK they are in the required 30-day consultation period with employees over staff reductions. The Bookseller reports that anywhere from 20 to 40 jobs could be eliminated as part of the reorganization, from total staff of 110 people.

Filed Under: Finance, Free, International News

sidebar

Primary Free Sidebar

Login


Forgot password
Quick Pass users click here to log in
Get Full Access
The publishing industry's essential daily read

Each Publishers Lunch Deluxe subscription includes full access to our searchable multi-year archive of industry news, a nightly email reporting 10 to 50 deal transactions, and our database of industry contacts, scripts, and posting privileges.

Learn More

RSS Automat

  • Showtime Has Cancelled Completed Show Based on Lisa Taddeo's "Three Women" Before It Aired February 6, 2023 WSJ
  • In Louisville, KY, Barnes & Noble to Swap 25,000-Square-Foot Store for 7,000 Square Feet Across the Parking Lot February 6, 2023 Biz Journal
  • DA Considered Racketeering Charge Against Trump, Pomerantz Book Says February 6, 2023 NYT
  • Booktopia Borrows $12 Million (AU) For New Fulfillment Center, With Some Funding From Nash and Taurig February 3, 2023 Press Release
  • Barnes & Noble Signs Lease for 7,000-Square-Foot Store in Brunswick, ME February 3, 2023 Maine Biz
  • A Former Prosecutor Explains the Precedents On Woodward and S&S's Side February 2, 2023 The Hill
  • Author Booted From Horror Writers Association Over Racist, Transphobic Rants February 1, 2023 Daily Beast
  • Two Years Ago Netflix Settled A Lawsuit Brought by Chooseco; Now Random House Has Licensed A "Stranger Things" Choose Your Own Adventure Book February 1, 2023 PW (with no reference to the lawsuit)
  • London Book Fair Seminars to Feature Harper CEO Brian Murray, Author Colson Whitehead February 1, 2023 Show site
  • Folio Prize Shortlists Announced February 1, 2023 Prize site
© 2023 Publishers Lunch. All Rights Reserved.