Independent publisher Gibbs Smith is now entirely employee-owned, after workers finalized a deal to purchase the second half of the company on August 31. In 2015, cofounders the late Gibbs and Catherine Smith sold half of the company to employees, and in the new deal the company’s employees purchased Catherine Smith’s 50 percent share via a third-party trustee. “We are excited to fulfill Gibbs and Catherine Smith’s dream of becoming a fully employee-owned company,” ceo Brad Farmer, representing the company’s executive management team, said in a release. “Being 100% ESOP owned is a dynamic change in the company’s status and is […]
Archives for September 2022
National Book Award YA Longlist
The National Book Foundation is announcing its longlists this week, with Young People's Literature up first.
2022 Dayton Literary Peace Prize Finalists
The following finalists were named for the Dayton Literary Peace Prize, which "honors writers whose work uses the power of literature to foster peace, social justice, and global understanding." Winners and runners up will be announced on September 27.
Nosy Crow to Launch US Company
UK children’s publisher Nosy Crow will launch a US company, with books first publishing in May 2023. Nosy Crow Inc. will publish books for ages 0-12, including board books and middle grade nonfiction, and will be distributed by Hachette Book Group. All picture and board books will feature free audio downloads. John Mendelson is president of the new company. He was previously svp of sales at Candlewick, which had a co-publishing deal for a Nosy Crow imprint in the US since 2011. Nosy Crow group ceo Kate Wilson will oversee both the UK and US companies. “I am delighted to […]
People 9/13
Pamela Cannon will join Gallery Books as vice president, executive editor, starting September 19. She was most recently at Ballantine.
Hoover’s Print Sales Have Topped 7 Million Units in 2022
NPD Bookscan noted in a release that Colleen Hoover has sold 7.3 million print books so far this year, through August 27. Right now she occupies four of the top six spots on Bookscan’s most recent bestseller list, and nine of the top 20 spots — with titles from three different publishers. Year to date, she holds five of the top eight bestselling print books as well. Her new book, IT STARTS WITH US, publishes October 18 and “is expected to smash presale records,” Bookscan adds. The majority of Hoover’s books are categorized as romance, and a separate release from […]