Rudy Martinez has been promoted to director of marketing at Soho Press. Matt Williams has joined Ingenta as head of professional services. He was previously with Zinfi, Relayware, Semantec, Lenovo, and IBM. Heather Lantz has been promoted to the new role of director of business growth. Steve Rutberg has joined knk Software as business development manager of the North American team. He was previously sales director at HighWire Press. KaToya Ellis Fleming has joined Lookout Books of UNC Wilmington as editor and assistant professor of publishing. Fleming was previously an editor at the Oxford American magazine. Bertelsmann ceo Thomas Rabe has […]
Archives for August 2020
China Literature Says “Lack of Resilience” Led to Big Operating Loss
Online literature and entertainment platform China Literature announced results for the six months ended June 30, with sales of RMB3.26 billion ($460.5 million), up from RMB2.97 billion in the first six months of 2019. Most significantly, however, the company recorded a major operating loss of RMB3.56 billion ($502.2 million), compared to earnings of RMB527.7 million last year — mostly due to the devastating impact of the pandemic on film and TV production and consumption. Company ceo Cheng Wu said, “The sudden outbreak of the COVID-19 pandemic and a complex and changing macro-environment had a negative impact on our business. The […]
Storytel Continues Strong Growth in Second Quarter
Swedish ebook and audio streaming platform Storytel reported earnings for the second quarter ending June 30, with net sales of SEK554 million ($63.4 million), up from SEK402 million in Q2 2019. EBITDA was a loss of SEK(37.8) million, improved from a loss of SEK(78.6) million last year’s quarter. The average number of paying subscribers was 1,257,000, up from 887,500 last year, or 42 percent. Streaming revenue was SEK459.1 million, up from SEK 320.1 million, or 43 percent, with the company forecasting 32 percent growth for the year as a whole. Print revenue — from Storytel-owned publishing houses Norstedts, People’s Press […]
New Books Publishing August 11
It’s more of a normal release schedule this week after the big wave of titles to open the month, as nonfiction books such as former representative Katie Hill’s memoir and the biography of Harry and Meghan launch, alongside LeBron James’s picture book and more. As in previous weeks, our sample Bookshop and Aerbook store carousels provide easy displays of books publishing today in need of attention and support, featuring: 14 new works of fiction https://bookshop.org/lists/new-fiction-publishing-august-11 11 new nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-august-11 More new children’s and YA titles https://bookshop.org/lists/new-children-s-titles-publishing-in-august We consult a number of sources in compiling our weekly lists and PM members can see our lists […]
People, Etc.
Liza Baker will be promoted to vp, publisher in the Scholastic Trade publishing division as of September 7, reporting to Ellie Berger. Baker will oversee the publishing and editorial direction for the young readers’ imprints, including Cartwheel, Orchard, Acorn, and Branches. She will report to Ellie Berger, President of Scholastic Trade Publishing. Berger says in the announcement, “I am delighted she will be at the helm creating engaging content for our youngest readers and look forward to seeing our list grow and innovate under her leadership.” At the same time, Ken Geist will transition to vp, publisher-at-large, following a move […]
People, Etc.
Danya Kukafka will join Aevitas Creative Management as an agent, representing select projects alongside Michelle Brower. Previously, she was an assistant editor at Riverhead. Loan Le has been promoted to editor at Atria, reporting to Lindsay Sagnette. Allison Lewis has joined Sourcebooks as marketing specialist. At Bonnier Books UK Helen Wicks has been promoted to executive director for children’s trade and Elise Burns to group sales, marketing and PR director. Historian and author Bernard Bailyn, 97, “whose award-winning books on early American history reshaped the study of the origins of the American Revolution,” died on Friday. Best known for The […]