During the company’s Investor Day on Wednesday, Spotify founder and ceo Daniel Ek asserted that, “We believe that audiobooks, in their many different forms, will be a massive opportunity.” Spotify’s planned acquisition of audiobook distributor Findaway, which they had expected to close quickly before the end of 2021, is still pending, presumably awaiting regulatory approval. Ek deployed some typically creative/expansive tech-world math to quantify the opportunity they foresee: Audiobooks currently have about 6-7 percent of the market share of the global book market, which he said was around $140 billion, but in “the most penetrated audiobook markets” (presumably Scandinavian countries […]
Archives for June 2022
Buzz YA Editors Panel Video and More
In case you missed it, we had another terrific event on Wednesday with four fall/winter authors and their editors on our latest Buzz Books Young Adult Editors Panel. The full recording is available for download to watch at your leisure. And if you haven’t done so yet, sample the presented titles and many more by downloading our free Buzz Books 2022: Fall/Winter ebook. Once again, our thanks to the ABA for co-sponsoring, to Publisher Lunch reporter Erin Somers for her smooth hosting, and to all of the participating editors and authors. One more time, here are the featured titles: Mariko […]
People 6/8
Tracy Nelson has joined Sourcebooks as senior director of sales: national accounts.
Reese’s Book Club
The Reese's Book Club pick for June is Counterfeit by Kirstin Chen.
‘The Carbon Almanac’ Written By Over 300 Volunteer Debut Authors, Orchestrated by Seth Godin
Last fall, bestselling author and change agent Seth Godin mobilized 300 people from 41 countries to create a book, but also a podcast network, a LinkedIn course, a comprehensive resource collection, an educator guide, and a free children’s edition—for free. On July 12, Portfolio will publish The Carbon Almanac, seven months after acquisition. The book is a collection of information and resources on the science of, impacts from, and solutions to climate change, compiled by a worldwide team of “writers, researchers, thinkers, and illustrators.” Inspired by reading Kim Stanley Robinson’s cli-fi Ministry of the Future last summer, Godin decided to […]
Distribution: Disney Publishing Worldwide, Indiana University Press
In a significant shift, Disney Publishing Worldwide will move worldwide sales and distribution to Penguin Random House Publisher Services starting April 1, 2023. Marvel Publishing will expand their relationship with PRHPS as well, to include collected editions and graphic novels to be distributed to trade bookstore retailers and wholesalers. (Marvel first started working with PRHPS in 2021 for distribution of comics to the direct market.) Disney Publishing leaves behind a longstanding relationship with Hachette Book Group, which has distributed their books since 2013 (and did so up until 2007 as well, before Disney spent six years working with HarperCollins). Disney’s […]