After our successful adult Buzz Editors Panel last night, we are open for registration for our second virtual Buzz Books Young Adult Editors Panel, convening on Wednesday, February 2 at noon Eastern. Once again, we are honored to have the American Booksellers Association join us as co-presenter, with Books of Wonder YA expert Zoe Detlaf as the host. You can register here — and the first 25 booksellers who enroll will get a package of galleys for the featured titles. Our just-released digital sampler, Buzz Books 2022: Spring/Summer includes substantial excerpts from the YA Editors Panel books, along with dozens […]
Archives for January 2022
People: Futter Takes Over At Celadon As Raab Steps Down
Celadon Books co-founder and president Jamie Raab is stepping down, and will take on the new role of publisher-at-large, Macmillan Publishers. She will acquire books across all imprints as well as work on strategic initiatives. She will also edit the books she currently has under contract at Celadon. Co-founder Deb Futter becomes president and publisher at Celadon, and Futter and Raab both report to Macmillan president Jon Yaged. Reporting to Futter are Rachel Chou, Ryan Doherty, Anne Twomey, Bill Hamilton and Randi Kramer. Yaged writes that Raab said to him, “It’s been exciting to watch Celadon meet and exceed our initial expectations. As the world […]
AAP Trade Sales Gained 11.9 Percent In 2021
The AAP reported December and full-year 2021 statistics from their pool of StatShot publishers and as expected, their data shows record high revenues and year-over-year increases in revenues for trade publishers. Trade sales reached $8.821 billion in 2021, up $935 million (or 11.9 percent) over 2020 — when sales gained $689 million in the final count (or 9.6 percent). NB that the final 2020 figures were revised downwards slightly, so those gains are little more modest than when first reported a year ago. Adult book sales hit $6.080 billion, up $622 million (or 11.4 percent), while children’s and young adult […]
Bloomsbury Increases Full-Year Guidance
Bloomsbury released a brief trading update ahead of the end of their fiscal year on February 28. The company said “revenue is expected to be comfortably ahead and profit materially ahead of market expectations.” (Analysts’ expectations were £197.1 million in revenue and £20.1 million in profit before taxes and highlighted items.) Both adult and children’s trade publishing were “strong.” They expect further growth from the £17.3 million acquisition of ABC-CLIO, which was completed in December.
Publishing Graduate Students Work on Distribution Issues
Graduate students at Portland State University are working to address distribution problems in the publishing industry, in partnership with the Independent Book Publishers Association (IBPA) and PubWest. Students will lead research projects into decreasing returns; making book printing truly carbon neutral; increasing use of POD as a preferred means of printing; addressing shortcomings in the supply chain that were exacerbated by the pandemic, and more. IBPA and PubWest will present the findings to the book trade after the projects are completed in March.
People 1/26
Suzanne Brandreth and Ron Eckel have purchased the whole ownership stake of CookeMcDermid previously held by Dean Cooke and Sally Harding. They become equal partners with Martha Webb, who continues in her ownership and management role. Cooke and Harding will remain with the company, continuing to work with their clients. They said in a release, "We could not be more proud of these two long-time employees and respected colleagues. This feels like passing the baton to family."