Archives for July 2022
Bookselling: Harvard Book Store To Open Location In The Prudential Center
As first suggested by reports a year ago, Harvard Book Store will open a new location in Boston’s Prudential Center in the spring of 2023. They are taking over 29,000 square feet of space that housed a Barnes & Noble location for 20 years — up until last month — and “will contain a wide selection of books, a state-of-the-art event space, a large children’s book section, and vibrant community spaces.” Co-owner Jeff Mayersohn said, “We are delighted to bring Harvard Book Store to the City of Boston, while continuing our long tradition of bookselling at our flagship Cambridge location. […]
Whiting Literary Magazine Prizes
DOJ and PRH Squabble Over Whether Trial Can Look at Publisher’s Pledge to Let Simon & Schuster Bid Independently, and More
With the trial on whether to block Penguin Random House’s acquisition of Simon & Schuster set to begin on August 1, the government and the publisher are skirmishing on multiple fronts with motions arguing over what evidence can be presented at trial. Since nearly all of the discovery and trial preparation has happened under seal, these filings from the past week or so provide the first public glimpses of the case as it has evolved. One set of papers debates whether PRH’s announced pledge to “treat Penguin Random House and Simon & Schuster imprints as external parties in auctions for […]
Dollar Euro Parity Will Boost European Owners of US Publishers
As we flagged back in May, the US dollar continues to enjoy a stunning increase in value versus the euro in particular, but also against a broad basket of other currencies, including the British pound. As of now the dollar has hit parity with the euro — one dollar buys one euro — for the first time since 2002, shortly after the euro was launched in 1999. With the Federal Reserve expected to raise rates against soon, many traders believe that the parity barrier will be broken and the dollar will continue to move higher still against the euro. The […]
People 7/14
The board of the Australian online bookseller Booktopia instructed founder Tony Nash to relinquish his position as CEO on July 13.