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Archives for March 2021

Endeavor Files For An IPO Again, Reveals Covid Financial Impact

March 31, 2021
By Michael Cader

Endeavor Group has once again filed registration documents with the SEC for an initial public offering of shares in their hodgepodge of debt-laden assets. The filing comes after the company abandoned their previous IPO at the last minute in September 2019. Tepid interest and a weak market for IPOs at the time led them to […]

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Up for Discussion

March 31, 2021
By Michael Cader

We have a number of new experiments and refinements on the way in April, starting with a new user forum at PublishersMarketplace: Discuss!. You should be able to click through any time you are already logged in to PM. The emphasis as we get started will be hosting regular AMA sessions with a variety of […]

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New CEO Promises “The Continued Development of Hachette Livre”

March 31, 2021
By Michael Cader

On Monday, Hachette Book Group USA ceo Michael Pietsch wrote to employees about the departure of longtime Hachette Livre/Lagardere Publishing ceo Arnaud Nourry, “I’m deeply saddened by this news. In the fifteen years that we have been part of Hachette Livre, Arnaud has strongly championed HBG, our employees, and our authors, while also advocating for […]

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Tencent’s Ebook Outlet Launches North American Platform

March 31, 2021
By Sara Grace

China Literature, the ebook venture of the Chinese chat and gaming giant Tencent, has launched a North American platform, featuring more than 200,000 original English-language titles as well as 1,000 works translated from Chinese. (All My Beasts Are Legendary and Rebirth: Pampered Wife’s Counterattack are the two titles currently featured on the front page’s top […]

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January AAP StatShot Shows Adult Hardcover Leading Overall Trade Growth

March 31, 2021
By Sara Grace

The AAP released their January StatShot of publisher-reported sales, showing continuing strength: Adult and children’s trade sales were $628 million for the month, up from $506 million in pre-pandemic January, one year ago. The biggest gains were in adult hardcovers, with sales $138.6 million, up sharply from $91.5 million last year. Much of that gain […]

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People, Etc.

March 31, 2021
By Erin Somers

Picks GMA Book Club chose Of Women and Salt by Gabriela Garcia for April (as noted yesterday, a recent Buzz Books selection that was also featured in our virtual BB Editors Panel). The Costco Pennie’s Pick for the month is Remember by Lisa Genova. Events The London Book Fair has backpedalled on their promise again. […]

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