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Archives for September 2015

September 30, 2015By Michael Cader

Harper Buys Out Harlequin Mondadori Joint Venture (and News Corp. Sells Amplify), As Big Italian Merger Discussion Continues

September 30, 2015By Michael Cader

HarperCollins announced on Wednesday the creation of its latest international branch based on top of Harlequin, HarperCollins Italia. The publisher bought out Mondadori’s 50 percent share in the 34-year-old Harlequin Mondadori joint venture. Mondadori said that Harper paid 6.7 million euros for the buyout, and each party took another 1.6 million euros in cash out of the business. The company is reported to have had sales of 9.1 million euros in 2014, with net income of 1 million euros. “The business will continue to publish romance under the iconic Harmony imprint, and expand its commercial trade publishing with titles from HarperCollins and Harlequin, as well as local authors,” the […]

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September 30, 2015By Sarah Weinman

People, Etc.

September 30, 2015By Sarah Weinman

Joy Bean has joined Little Bee Books as senior editor, licensed publishing. She was previously an editor at Marshall Cavendish and the associate children’s book editor at Publishers Weekly. Jen Loja has been promoted to svp, associate publisher at Penguin Children’s, reporting to Don Weisberg. He said in the announcement that Loja “is an essential contributor to and supporter of every department within our group. She works closely (but never intrusively), with our ten publishers in the curation of their lists, ensuring each of our titles is given the requisites and the opportunities to reach its widest potential readership. In […]

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September 30, 2015By Sarah Weinman

Awards: 5 Under 35; Kirkus Prize Shortlists; No Folio Prize in 2016; and More

September 30, 2015By Sarah Weinman

1. The National Book Foundation announced its latest roster of 5 Under 35 honorees Wednesday morning on BuzzFeed, including Angela Flournoy, whose debut novel The Turner House (HMH) is also on the current National Book Awards fiction longlist. The other honorees are: Colin Barrett, Young Skins (Black Cat) Azareen Van der Vliet Oloomi, Fra Keeler (Dorothy Project) Tracy O’Neill, The Hopeful (Ig Publishing) Megan Kruse, Call Me Home (Hawthorne Books) 2. The Kirkus Prize announced shortlists in fiction, nonfiction, and various children’s book categories, with the winners to be announced at a ceremony in Austin, TX on October 15. In fiction, […]

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September 29, 2015By Michael Cader

Deadline Looms for Mondadori RCS Media Acquisition

September 29, 2015By Michael Cader

Wednesday marks the day when the extension of the exclusive negotiation period runs out on Mondadori’s offer to buy the book publishing assets of RCS Media — a process that began back in February. The Italian press is treating it as a done deal, with both sides reportedly having been working hard on finalizing the details. One source says the deal will “close by the deadline barring unforeseen circumstances.” Some accounts expect the closing could slide by a few days, though one account reports that any extension would require specific board approval. Mondadori is thought to be eager to have […]

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September 29, 2015By Sarah Weinman

People: Stein Resumes Editing for FSG; MacArthur Honorees; and More

September 29, 2015By Sarah Weinman

Lorin Stein will once again edit books for Farrar, Straus, as editor-at-large — while continuing to work full-time as editor of the Paris Review, which he joined in 2010 after 12 years at FSG. The plan is for Stein to edit four to eight books, by such authors as Ben Lerner, Richard Price, Lydia Davis, and Donald Antrim. “I’m delighted to have a foot in the book business and to work on longer projects with writers and colleagues I admire so much,” Stein said in the announcement. “My commitment to The Paris Review, and for scouting out what is best and most […]

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September 28, 2015By Michael Cader

Pronoun Launches Free eBook Distribution Service

September 28, 2015By Michael Cader

The relaunch of a pivoted Vook/Booklr/Byliner under the new name Pronoun.com that was announced in May is now live, at least for “early access” authors. The company’s author terms are posted; they require exclusive distribution to Amazon, iBooks, Barnes & Noble, Kobo, and Google Play as a group while authors work with them, but promise to pay through all receipts, with no conversion, posting or distribution fees — plus one free ISBN. For now they capture a bit of a float — paying “sixty days after the end of each financial quarter,” while promising that “we’re moving to a monthly payment schedule very soon.” […]

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