Andi Richman has joined Baker & Taylor Publisher Services as director of national accounts. She previously held national account positions at Guilford Press, Hay House, Harlequin and Dorling Kindersley. Matt Warner has joined as director of marketing. He most recently held senior positions at Barnes & Noble.com and Nook. Legal Retired Navy Commander Guy Snodgrass is […]
Archives for August 2019
Audible Will Delay Captions On Some Publisher Titles As First Court Hearing Is Postponed
Audible agreed that it will not enable the Captions feature “for all audiobooks for which Publishers own, or are the exclusive licensee of, the text or audiobook rights” until a Federal Court rules on the publishers’ motion for a preliminary injunction. Note importantly, however, that “Publishers” in this order is limited to the seven named […]
Inkitt Raises $16 Million in New Funding
Berlin-based Inkitt announced a $16 million Series A funding round, led by Kleiner Perkins but including participation from HV Holtzbrinck Ventures. (The company previously raised $5 million.) The new capital will help fund their expansion, which includes plans to add 10 languages in addition to English. With more funding comes ever-greater hype: Founder and ceo […]
Penguin Random House Has Strong First Half Profits, Is Lifted by Continuing Bestsellers and Acquisitions
Bertelsmann reported results for the first half of the year on Thursday, with sales at Penguin Random House+ (the PRH joint venture, plus the separate Random House Germany) registering €1.650 billion, up €168 million from a year ago. Operating EBITDA grew to €227 million, up €56 million compared to the first half of 2018. As […]
People, Etc.
Chuck Deane has joined Sourcebooks as sales director. He was most recently vice president of sales (Americas) at Wiley. At Rebel Girls, Pam Gruber joins as editorial director. She was previously senior editor at Little, Brown Children’s. Grace House joins as project and contracts manager (she was assistant editor at Berkley), and Karen Chau has […]
Trade Sales Are Decent At Halfway Mark, with Gains in Children’s/Young Adult
The AAP released monthly StatShot data for both May and June on Wednesday. As we have been explaining, you can’t really make comparisons to the previous year, since the final 2018 baseline data for adult trade sales has been lowered month after month. (It appears that some sales were shifted from adult trade to their […]