Barbara Kline Pope will take over as director of the Johns Hopkins University Press this fall. She has been executive director of the National Academies Press since 1997, recently served as president of the Association of American University Presses, and has been on the management board at MIT Press. Previous director Kathleen Keane retired in April. At Little, Brown, Ned Rust has been promoted to vice president and publisher for James Patterson, responsible for all aspects of the adult and children’s publishing programs. Jenny Bak has been promoted to editorial director for the children’s line, Jimmy Patterson Books. Stephanie Buschardt has joined Houghton Mifflin Harcourt as publicist. […]
Archives for July 2017
Macmillan Finalizes Relocation to 120 Broadway for 2019
As first reported under consideration in April, Macmillan has now finalized a deal to relocate their offices to 120 Broadway in early 2019. Their lease in Flatiron Building was due to expire next year. The press release indicates Macmillan is taking four floors comprising 261,000 square feet of space for 20 years. They currently occupy about 176,00 square feet in the Flatiron for the trade division, but have offices elsewhere in city as well, primarily for the education group. The release says they will “relocate…from multiple locations” to the new space. Chief operating officer Andrew Weber says in the announcement, “The […]
People, Etc.
Mondadori has appointed Maria B. Campbell Associates UK as their UK scout, starting August 1. Tina Brown and Harold Evans hosted a memorial party honoring the late Ed Victor, in accordance with his wishes, covered by the NYT. Pulitzer winner for “Buried Child” and author of forty-four plays, plus many books of short stories, essays, and memoirs Sam Shepard, 73, has died. PBS announced a new eight-part TV series, The Great American Read, to launch in Spring 2018. The series will featured 100 of America’s best-loved books, selected by the public and an advisory panel of literary professionals. Six episodes of the series will […]
Simon & Schuster Says That By Not Returning Advance, Milo Accepted Their Cancellation
Simon & Schuster filed a reply to Milo Yiannopoulos’s breach of contract lawsuit on Friday, telling the court that they terminated his contract “within the unambiguous terms of the publishing agreement” and arguing that by not returning the $80,000 advance paid in January, Milo was agreeing to and accepting their termination. If not, the publisher argues, then under the contract the rights to Milo’s book have not yet reverted to him. By their account, “On February 22, 2017, Simon & Schuster exercised its contractual rights, terminated the agreement, and allowed Yiannopoulos to retain an $80,000 advance that he would otherwise […]
Amazon’s Profits Remain Slim
Amazon reported second quarter sales on Thursday after, with sales rising 25 percent to $38 billion, as earnings were in line with the wide-ranging guidance but towards the lower side where analysts had been hopeful for hitting the end. That translates into operating income of $628 million — down 51 percent — and net income of $197 million, down significantly from $857 million a year ago. Profits are expected to remain low in the quarter to come, with the company forecasting anywhere from a loss of ($400 million) to a gain of $300 million, with the stock down lightly after […]
Lagardere Publishing Gains on Acquisitions and UK
Lagardere reported results for the first half of the year, with Lagardere Publishing, moving up modestly on the Perseus acquisition. Sales of €1.019 billion were up €49 million compared to a year ago, with Perseus contributing an added €18 million (the acquisition closed in spring 2016) and other acquisitions added another €6 million. The highlight was Hachette UK, where sales rose 10.2 percent, helped by the summer John Grisham release and “an additional billing week in the period,” with “strong profitability gains in the UK spurred by the success of the catalogue” also driving the gain in profits. Recurring ebit was […]