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Archives for March 2013

March 12, 2013By Sarah Weinman

People, Awards, Etc.

March 12, 2013By Sarah Weinman

Edward Necarsulmer IV and Eleanor Jackson have joined Dunow, Carlson & Lerner. Necarsulmer was previously an agent at MacIntosh & Otis, and will focus on representing middle grade, YA, and adult literary fiction. Jackson was most recently an agent at Markson Thoma, which last week saw partner Geri Thoma move to Writers House. The UK’s Carnegie Medal for children’s literature features a powerhouse shortlist that includes Costa winner Sally Gardner, Printz winner Nick Lake and medalist Elizabeth Wein: THE WEIGHT OF WATER, Sarah Crossan A GREYHOUND OF A GIRL, Roddy Doyle MAGGOT MOON, Sally Gardner IN DARKNESS, Nick Lake WONDER, […]

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March 12, 2013By Michael Cader

Quarto to Sell Selected Assets After Challenging 2012

March 12, 2013By Michael Cader

Following a tumultuous year that saw the ouster by shareholders of co-founder Laurence Orbach, Quarto reported 2012 results and reasserted their plans for the future, which include the possibility of selling off some of their hodgepodge of assets to help pay down their debt. (Borrowings include approximately $91 million in medium- and long-term loans). Sales fell $5.2 million to $180.9 million for the year. Profit before amortization and special items was $16.6 million, and after-tax profit of $5.5 million was down over 30 percent from $8.1 million a year ago. US trade sales of $59 million fell 12 percent, due […]

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March 11, 2013By Sarah Weinman

Vintage Will Publish EL James’ INNER GODDESS Journal on May 1

March 11, 2013By Sarah Weinman

EL James will publish a new book in 2013 after all, as Vintage announces a May 1 publication date for FIFTY SHADES OF GREY: INNER GODDESS (A Journal). The “collaboration between James and her US publisher” will be released as a “bonded-leather softcover journal” that will “offer readers and aspiring writers a place where they can record their innermost thoughts.” The book, which will have a 125,000-copy first printing, includes a foreword by James, excerpts from her FIFTY SHADES novels, writing tips, a writing playlist, and lined pages for writing.

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March 11, 2013By Michael Cader

More Objections On Closed Domain Names

March 11, 2013By Michael Cader

Following the AAP’s objection to any issuance of closed–or essentially privately-operated–new internet domains such as .book, others have filed comments in opposition with ICANN as well. The AAP had objected specifically to Amazon’s filings–which also include .author and .read–because the company said it intends to operate the names on a closed basis “to protect its intellectual property rights” and “to support the business goals of Amazon.” Authors Guild president Scott Turow filed what appears to be a broader complaint to the idea of selling such domains to any private enterprise, regardless of whether they will open those domains to public registrations […]

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March 11, 2013By Michael Cader

People, Distribution, Etc.

March 11, 2013By Michael Cader

Little, Brown Children’s publisher Megan Tingley has been made executive vice president. At Grand Central, associate publisher Emi Battaglia has been named vp, marketing director in tandem with her current position, which she has held for the past eight years. President and publisher Jamie Raab writes, “it reflects Emi’s expanding role as chief strategist of our marketing efforts.” In addition, associate publisher at Twelve Brian McLendon will take on duties as associate publisher for Grand Central, “working hand in glove with Emi to orchestrate our marketing efforts and implement marketing plans perfectly tailored to the needs of our books, authors […]

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March 8, 2013By Michael Cader

New Contract Gives BN’s Lynch A $1.8 Million Bonus for Recent Nook Investments

March 8, 2013By Michael Cader

Barnes & Noble ceo William Lynch executed a revised employment agreement on Thursday three years after becoming chief executive that awards him a $1.8 million bonus “in respect of your efforts related to the successful completion of the transactions related to” the Microsoft and Pearson investments in Nook Media. The revised contract also provides Lynch with 300,000 restricted stock units in May (which vest over time thereafter). Also, as some have inferred might be the case should BN spinoff Nook Media (or should Len Riggio’s efforts to buy the retail division be successful), the company has the right–and likely the intention–of […]

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