One of the industry’s favorite events—five great editors, in conversation with five breakout authors—is just a week away. Watch Helen Atsma, Deb Futter, George Gibson, Olivia Taylor Smith and Emily Wunderlich discuss five worthy fall “buzz” titles with the authors, hosted by the book expert Leigh Haber and co-presented by the American Booksellers Association. We’re using a new platform that we hope makes everything even smoother for attendees, but it will help if you register to hold your place now. As usual, the first 25 booksellers who enroll will get a package of galleys for the featured titles. Earlier in […]
Archives for May 2024
Joyce Carol Oates Prize
Ben Fountain (Devil Makes Three, Billy Lynn's Long Halftime Walk) was awarded the Joyce Carol Oates prize for a mid-career author of fiction.
People 5/8
Bertelsmann Touts Organic Growth As Overall Sales Fall
Bertelsmann made a brief announcement of financial results for the first quarter, reporting overall sales of €4.3 billion ($4.67 billion), down 9 percent due to the company’s sale of their stake in Majorel. Organic growth was 3.6 percent. “Bertelsmann has gotten off to a good start in fiscal 2024, and is once again experiencing stronger growth from within,” chair and CEO Thomas Rabe said in a release. “We confirm our forecast for the current year.” At Penguin Random House—which was not among the businesses listed as the largest contributors in the quarter—top titles included Ashley Elston’s FIRST LIE WINS, which […]
May Picks
Storytel Grows Earnings In Q1
Swedish audiobook company Storytel released results for the first quarter 2024, with sales up 12 percent to SEK891.9 million ($85.8 million). Operating loss improved to SEK24 million, compared to SEK48 million the previous year. EBITDA grew 50 percent to SEK50.9 million, which the company attributed to “strong streaming growth and a reduction of costs as a result of cost efficiency measures” (they reduced the workforce by 13 percent in the quarter). “The first quarter marked another step up in our financial performance as Storytel delivered a strong result with improved profitability and operational cash flow,” CEO Johannes Larcher said in […]