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 Kim Fay’s IN YELLOW BABYLON, a historical novel set in 1920s […]
Archives for January 2011
People
Agent Leigh Feldman has left Darhansoff, Verrill, Feldman, where she worked for 20 years, to join Writers House, starting next month. Feldman says in the announcement, “I’m so lucky to have had the experience of working with Liz and Chuck for the last 20 years. Liz was a wonderful mentor to me and her wisdom and guidance is something that will benefit me as I move on to the next stage of my career with Writers House.” She adds, “I’m impressed by how well they have grasped the complexities and opportunities of digital’s emergence in book publishing. Most importantly, they’re […]
Announcements: Murakami’s 1Q84 Has a US Pub Date; FCIC Chipped in $40K In Shipping Costs; and More
Knopf has announced that all three volumes of Haruki Murakami‘s novel 1Q84 will be published as a single, 928-page book on October 25. The first two volumes were translated by Jay Rubin and the third by Philip Gabriel, and the combined edition will have a hardcover list price of $30 and an e-book edition published simultaneously. The UK edition of 1Q84 will not include the third volume, but will be published around the same time. The Financial Crisis Inquiry Commission released its final report on Thursday, with Public Affairs’ book version going on-sale the same day. Demand has evidently been […]
Borders Won’t Make January Payments, Either, And They Aren’t Paying Rent
Borders officially announced Sunday night that it will not be sending vendors payments due at the end of January either. And they indicate that publishers are not the only ones being stiffed, saying they are also “delaying additional payments to landlords and other parties.” Not paying rent is more drastic than holding off vendors, and indicates the company’s liquidity crisis continues to worsen. They say the non-payment (which they call a “delay” in the press release, but that’s what you call it when you intend to pay someone in full a little while later, which is not what is proposed) […]
Waterstone’s Tells Publisher They Are Cutting Orders As of March
As part of Waterstone’s perpetual turnaround efforts in the UK, the chain informed multiple major publishers by e-mail earlier this week that for new titles coming in March they are cutting their initial orders by approximately 20 percent. Publishers were asked to cancel existing pre-orders so that the chain can place new orders at the lower inventory levels. They told publishers that “initial over-ordering of new titles” is continuing to create “substantial unnecessary costs across the supply chain, most notably in returns.” One UK executive noted that “they’re managing their working capital very carefully for obvious reasons” but the good […]
Grove/Atlantic Turns Digital Distribution Over to Constellation
As part of the renewal of their physical book distribution relationship, Grove/Atlantic will now use Perseus’s Constellation for digital distribution services as well. At one point Grove had come close to working with Open Road, though that deal was never completed and the publisher has been managing its own digital publishing until now. Company head Morgan Entrekin said he concluded that “our strength is to focus on the editorial, marketing and publishing side rather than the distribution side” in the digital space, as they already do with physical distribution. “You have to figure out how to allocate your resources in […]