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Archives for June 2015

June 9, 2015By Sarah Weinman

Unified Structure for Penguin Random House Canada’s Adult and Children’s Publishing Groups

June 9, 2015By Sarah Weinman

President and ceo of Penguin Random House Canada Brad Martin announced Tuesday that all of the company’s adult imprints, including Penguin Canada, McClelland & Stewart, and Random House of Canada, will be united under a single division, the Penguin Random House Canada Publishing Group, led by president and publisher Kristin Cochrane. In addition, all of the company’s children’s imprints, including Doubleday Children’s, Razorbill, and Tundra Books, will go forward under a single division, Penguin Random House Canada Children’s Publishing Group, led by publisher Tara Walker. Martin said in the announcement that the new structure will “retain and strengthen the unique […]

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June 9, 2015By Sarah Weinman

People, Etc.

June 9, 2015By Sarah Weinman

BEA reported attendance data for the recent show in New York, and the numbers were consistent with the last couple of years. Professional attendance was down 1.2 percent, at 10,832 people (down by 133); with exhibitors included, overall attendance was up 5.2 percent, with 20,895 people. Will Heyward has joined Penguin Press as associate editor. Previously he was an assistant editor at Knopf. Michael Connole will join Quarto on September 1 as Chief Financial Officer. He is currently CFO of Global Radio Group. Stephanie Graham has joined Sourcebooks as marketing coordinator. Previously she was communications assistant at Marquette University’s Office of International Education. In addition, […]

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June 8, 2015By Michael Cader

NY Post Questions Details of Primates of Park Avenue

June 8, 2015By Michael Cader

On Sunday the New York Post challenged a number of elements in Wednesday Martin’s recently-released Primates of Park Avenue, uncovering facts about her personal life that conflict with some of the anecdotes offered in her book. They question stories from an account of interview with her Upper East Side co-op board while pregnant in bed (at a time that appears to be years away from when she was pregnant) to a climactic scene in which her UES friends rally around her during a miscarriage — but “at the time, Martin already would have been living across town, far from the women […]

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June 8, 2015By Sarah Weinman

People

June 8, 2015By Sarah Weinman

Hut Landon is retiring as executive director of the Northern California Independent Booksellers Association at the end of the year after more than 15 years in the role. In a note to NCIBA members Landon said his decision was “fueled by nothing more than a desire to have a bit more time to enjoy life outside of work.” NCIBA has formed a search committee to find a new executive director and hopes to have someone in place before the end of October. Reynold Levy has joined the National Book Foundation‘s board of directors. Levy has written four books, including They Told Me […]

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June 8, 2015By Michael Cader

Next, Barnes & Noble Buys Out Half Their Preferred Shares

June 8, 2015By Michael Cader

On Friday we reported on the revised Barnes & Noble College prospectus that confirmed the dissolution of Nook Media, and later that day Barnes & Noble filed a second disclosure with the SEC. The company is converting a little over half of the special preferred shares that were created when Liberty Media invested $204 million in the bookseller in 2011. (Liberty sold all but 10 percent of those preferred shares in April 2014 for a nice profit.) In the new transaction, five owners of preferred stock are exchanging 104,000 preferred shares for a little over 6.1 million shares of Barnes […]

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June 5, 2015By Michael Cader

Barnes & Noble Confirms End of Nook Media, LLC

June 5, 2015By Michael Cader

Barnes & Noble filed a second amended version of the prospectus for the spinoff of BN Education with the SEC yesterday. (Some reports notwithstanding, there is little indication that this is much different from the original prospectus that we first reported on in February.) The company did confirm the dissolution of the Nook Media, LLC holding partnership as of May 1, with parent company Barnes & Noble once again owning the Nook digital business in its entirety. They do note that the new, freestanding BN Education stock shares will trade under the ticker symbol BNED, and the filing package adds […]

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