Andrew Welham, deputy ceo of Octopus Publishing Group, will retire at the end of the year after 12 years with Hachette UK. Forthcoming Macmillan will publish Edward Snowden‘s memoir PERMANENT RECORD globally on September 17, with Metropolitan as the US imprint. “Edward Snowden decided at the age of 29 to give up his entire future for the good of his country,” Macmillan CEO John Sargent said in a statement. “He displayed enormous courage in doing so, and like him or not, his is an incredible American story. There is no doubt that the world is a better and more private […]
Archives for August 2019
Quad’s Stock Soars Thanks to Less-Than-Expected Loss
On July 31, printer Quad reported Q2 sales of $1 billion, down from $1.02 in last year’s period, despite being boosted by the company’s acquisition of Periscope. Adjusted EBITDA was down to $75.3 million, from $89.6 million, right in the middle of guidance. For the half year, sales were up slightly, to $2 billion from $1.98 billion; adjusted EBITDA was $145.2 million, down from $200.1 million. (The company doesn’t break out numbers specific to its book publishing, a very small segment of the overall business.) Nevertheless, the stock surged on the news that loss per share was $0.09, down from […]
More August Picks
Amazon‘s Spotlight Pick for August is Ian Urbina’s The Outlaw Ocean, and they skipped a featured debut this month. Also on the list is Alex North’s The Whisper Man, excerpted and available for download in our Buzz Books 2019 Spring/Summer sampler. The rest of the picks: The Beekeeper of Aleppo, by Christy Lefteri The Turn of the Key, by Ruth Ware How to Be an Antiracist, by Ibram X. Kendi Things You Save in a Fire, by Katherine Center Drive Your Plow Over the Bones of the Dead, by Olda Tokarczuk Gods with a Litte G, by Tupelo Hassman The […]