Bookouture founder and former ceo Oliver Rhodes has launched Storm Publishing, a new digital publishing company that will “publish adult commercial fiction in ebook, audio and print-on-demand paperback globally,” looking to buy world English rights at a minimum. The company writes in a release that it plans to pay “an author royalty of 50% of net receipts on both ebook and audio formats,” though they do not pay advances. Their standard contract term is 10 years. Hachette UK acquired Bookouture in 2017. Rhodes serves as managing director of the new company. Claire Bord will join as deputy managing director in […]
Archives for October 2022
Baillie Gifford Prize Shortlist
The shortlist for the Baillie Gifford Prize for Nonfiction was announced.
Bookselling: PRH’s Two-Day Holiday Shipping Returns
For the eleventh year, Penguin Random House resumes their 2-Day holiday transit program on October 15, running through January 31, 2023. As introduced last year, the program includes a “no minimums” requirement for independent bookstores. President, US Sales Jaci Updike says in the announcement, “In this time of ever-rising freight costs and ongoing shipping-company challenges, we remain steadfastly committed to independent booksellers in the all-important final months of the year.”
Third Quarter Deal Trends Show Continued Strength
So far this year, we’ve seen a record first quarter in domestic dealmaking, followed by a correction in the second quarter — which still was the second-best level in five years — and across both periods there was some weakness among the biggest deals, as well as a decline in total volume of deals from the Big Five on their own. Now, the third quarter of 2022 shows a mix of factors. Total deal volume rose again, up slightly (by 1.5 percent) and close to the record level from 2020. Non-fiction deals rebounded after a sharp falloff a year ago […]
New Books Publishing October 11
David Baldacci, Leonard Cohen, Nelson DeMille, Louise Glück and Lydia Millet lead this week’s fiction releases, while nonfiction includes work from Michael Fanone and Temple Grandin. Also out this week are new books by Vanessa A. Bee and E. M. Tran, available in our Buzz Books 2022: Fall/Winter sampler, and Anna Gomez and Kristoffer Polaha, excerpted in our Buzz Books 2022: Romance sampler. 26 works of fiction https://bookshop.org/lists/new-fiction-publishing-october-11 9 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-october-11 We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming three months through this reference page. But if you […]
People 10/11
At Atria, Amar Deol; Natalie Hallak; Melanie Iglesias Perez; Loan Le and Kaitlin Olson have all promoted to senior editor.