The AAP released StatShot data for June, and for the first half of the year. In June, trade sales were mostly flat at $605.4 million, compared to $601.9 million last year. Adult sales for the month were $427.9 million, up from $417.3 million. (For comparison, June 2020 showed $454 million in adult sales, and June 2019 delivered $379 million.) Hardcover sales were down (9) percent to $104.5 million, while paperbacks rose 11 percent to $154.8 million. Mass markets were up 17 percent to $21.3 million. Children’s and YA books sold $177.5 million in June, down (4) percent overall. Hardcovers dropped […]
Archives for August 2022
Rutgers University Press Opens New Office In Oxford, U.K.
Rutgers University Press has opened a new office in Oxford, U.K., leasing space from Princeton University Press. The expansion reflects their growth over the last several years and a shift towards an international audience. Director Micah Kleit said in a release, “Rutgers University Press has experienced dramatic growth over the last five years, increasing our output from 75 books in 2016 to just over 150 in the past fiscal year…As our list becomes more global, we feel it’s important to have a presence outside the U.S. to reflect the strength of the list and aid in its continued success.”
Defense Expert Snyder Is Challenged On His Math, and More
After the fireworks of the morning opening on Wednesday, when Judge Florence Pan thoroughly disallowed Penguin Random House’s models of the extra money they say they will make after the merger — and share with authors — as being “unverified and unverifiable” the rest of day was a far more plodding parsing of the defense economics expert, Dr. Edward Snyder. His cross-examination continued Thursday morning, also included in this post. The DOJ will bring back their expert Dr. Nicholas Hill for rebuttal, and then the testimony will be complete. Closing arguments will be presented Friday, on schedule. Once again, Judge […]
The Efficiencies Papers
Further to our report from Wednesday morning on Judge Pan’s rejection of PRH introducing evidence of their projected efficiencies and synergies after the merger, we can now present you with full documentation. The preceding discussion is remarkable on its own, as you can view the judge’s frustration with the defense attorney. Then her actual ruling, which was quite detailed and designed to withstand scrutiny, since it’s likely to be an element of an appeal if it comes to that, is also worth reading and presented here (comprising 24 pages of transcript). Efficiencies discussion Efficiencies ruling
For the Record: S&S Touts Their Audio Capabilities, Worldwide Presence
Following PRH executive Manuel Sansigre’s testimony, an S&S spokesperson has clarified and corrected a couple of points. When Sansigre told the court, “We learned from the management presentation of Simon & Schuster that they have presence in 100 countries” and added that “in our case, we have presence in more than 200 countries,” he was speaking about sales of physical books only. S&S reports that for print books and ebooks combined, their titles are available in over 200 countries. PRH has its own “dedicated sales reps across the globe,” whereas S&S uses wholesalers and distributors in some international markets. Additionally, […]
Duke University Press Workers Win Union
The National Labor Relations Board has denied Duke’s April appeal to overturn the Duke University Press Union election, the union announced on Twitter. The move means that the press is officially unionized, and will now bargain with management on a contract.