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Archives for October 2023

October 31, 2023By Michael Cader

Bookselling: More New BNs

October 31, 2023By Michael Cader

Tomorrow the chain opens new stores in Marietta, GA and Salem, OR. Last week they opened their new store in Cheyenne, WY.

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October 31, 2023By Erin Somers

November Read With Jenna Pick

October 31, 2023By Erin Somers

Jenna Bush Hager's November pick for the Today Show Read with Jenna book club is The Sun Sets in Singapore by Kehinde Fadipe.

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October 30, 2023By Michael Cader

Simon & Schuster Officially Sold to KKR

October 30, 2023By Michael Cader

After the close of the market on Monday, Simon & Schuster confirmed the completion of their sale to KKR for $1.62 billion. S&S ceo Jonathan Karp wrote to employees: “I believe our relationship with KKR will enable us to become an even greater version of what we already are: a company that strives for–and succeeds at–attracting and keeping a roster of the most talented authors, with a workforce of dedicated and highly motivated professionals; a pre-eminent publisher, for all kinds of readers, in all formats; a company that takes risks, seizes opportunities and cherishes innovation in its publishing and business […]

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October 30, 2023By Erin Somers

People 10/30

October 30, 2023By Erin Somers

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October 30, 2023By Katy Hershberger

Pearson Higher Ed Sales Fall, As Expected

October 30, 2023By Katy Hershberger

Pearson announced a brief trading update for the third quarter, with overall sales up 2 percent (3 percent excluding OPM and businesses under strategic review). The Higher Education division, however, fell 8 percent, “driven by pricing mix impact” and the “deferral of revenue into Q4 this year” as the company’s digital platforms and Pearson+ continue to grow. Elsewhere in the company, Assessment & Qualification sales grew 11 percent, English Language Learning grew 21 percent, and Workforce Skills was up 3 percent. Virtual Learning sales were down 29 percent in the quarter. “This third quarter performance illustrates the continuing momentum across […]

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October 30, 2023By Michael Cader

Refreshing

October 30, 2023By Michael Cader

We have been working away on the big PublishersMarketplace.com redesign since June and over the weekend we went live with some of the biggest and best improvements yet. Everything Dealmakers, from individual pages to the hundreds of customizable lists, now has a new look. Each Dealmaker page features an enhanced “info box” on the left; simplified deal metadata; visualizations of Notable Titles; and color charts to track — and click through to — deals across our sub-categories. That “info box” will now show a picture or logo when available, along with a brief bio. For people who have a posted […]

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