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Archives for January 2011

January 10, 2011By Michael Cader

Top Children’s Awards Go to Vanderpool and Stead

January 10, 2011By Michael Cader

The ALA presented their many Youth Media Awards this morning on the closing day of their winter meeting in San Diego. (Thanks to the organizers for the live webcast of this year’s presentation.)  The Newbery medal went to MOON OVER MANIFEST, by Clare Vanderpool; the Caldecott went to A SICK DAY FOR AMOS MCGHEE, illustrated by Erin Stead, and written by Philip Stead.  Among other honorees, Tomie dePaola won the Laura Ingalls Wilder Award for “a substantial and lasting contribution to literature for children.” For the complete list of medalists and honor books, check the ALA site here.

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January 10, 2011By Michael Cader

Bookstore Closings: Syracuse Borders Joins Unconfirmed Others, As Portsmouth, NH’s Gulliver’s Announces Closing, Too

January 10, 2011By Michael Cader

Add to the list of upcoming Borders’ closing their outlet in Syracuse’s big Carousel Center mall. A supervisor there tells the local paper they will close some time in March, citing only “a lease situation.” It is the only bookstore in the big shopping center. That closing comes on top of the 14 Borders that closed last week, and another approximately 17 stores that publishers have been told will close by the end of January (though the company has so far declined to confirm that number, even though publishers have been provided a list of stores and expected closing dates). […]

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January 10, 2011By Sarah Weinman

Key Porter Confirms It Will Suspend Operations

January 10, 2011By Sarah Weinman

Key Porter Books confirmed on Friday that it will suspend operations while it considers “a number of restructuring options.” In a statement publisher Jordan Fenn said that Key Porter will not publish any new books going forward, but the company “is supporting its authors through the continued marketing and sale of previously published works and distribution through H.B. Fenn and Company Ltd.” A number of options are being considered, including selling off some key titles. Key Porter had laid off editor-in-chief Linda Pruessen, its last remaining editorial staffer, on December 16. The company was also supposed to publish Mark Bourrie’s […]

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January 10, 2011By Michael Cader

People, Awards, Etc.: Cavin, Orson Scott Card, PM Hires, and More

January 10, 2011By Michael Cader

Mystery book editor for Thomas Dunne Books Ruth Cavin, 92, died yesterday morning. She is remembered by longtime family friend Mike Shatzkin on his blog, who notes “what is unique about Ruth’s career is that she didn’t become an editor until she was past her 60th birthday and didn’t start her more than two decades at St. Martin’s until she was 70.” Also remarkable is Macmillan’s efforts to help Cavin keep coming to the office.Post Orson Scott Card’s website reports that he suffered a “mild stroke” on New Year’s “He is now back home, retraining his brain so that the […]

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January 9, 2011By Michael Macrone

Lunch Weekly for Monday, January 10

January 9, 2011By 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 One of Granta’s Best American Novelists and Pushcart Prize, an NEA […]

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January 7, 2011By Michael Cader

Market Pounces On Borders’ Rumor As Talks Continue

January 7, 2011By Michael Cader

The reports on Borders are mounting by the day, though the news is primarily whispers about potential advisors fanning the flames of the day traders and penny stock specialists driving the booksellers’ stock. Case in point: multiple outlets have been suggesting all week that the company is talking to Jefferies & Co. about the possibility advising on restructuring options. (Borders has used Jefferies for general investment banking needs in the past.) Yesterday the Wall Street Journal said as much, indicating Jefferies “are among those in talks to represent the struggling book retailer and advise it on reworking its debt load.” […]

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