Mango laid off several people recently due to “marketplace changes” and “cost challenges.” They confirmed at least three layoffs. “We had to make some tough decisions to reorganize and downsize the team by several people to enable us to refocus our strategy on our authors and titles where Mango has proven to be highly successful over the last 10 years,” said Chris McKenney, president & ceo of Mango Publishing in a statement to PL. “We’re going back to our pre-pandemic roots of strong author partnership and reader-based analytics innovation.” Mango’s publisher Brenda Knight will leave to form her own company, […]
Archives for January 2025
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NetGalley Responds to Kobo Device Owners
NetGalley’s newly-launched implementation of Readium LCP-protected downloads left some users of dedicated ereading devices, particularly owners of Kobo devices, unsupported for now. The service wrote to users who reached out about the issue, “We understand change is hard, and we hear you — and we love Kobo, too! We’ve been actively in contact with Kobo, and the good news is they do have LCP support on their roadmap, we just don’t yet know the exact timeframe.” They note that, “Since Adobe unfortunately no longer provides active support for their DRM (.acsm), it is unsustainable for the long-term.” NetGalley evp Lindsey […]
Storytel Acquires Majority Stake in Bokfabriken
Swedish streaming audio company Storytel has acquired a 70 percent stake in Swedish publishing house Bokfabriken. The publisher will work independently within Stortel with ceo Lasse Brahme remaining in the position. Bokfabriken’s current owners will retain a 30 percent stake. “We are happy to welcome Bokfabriken to Storytel Group,” Storytel ceo Bodil Eriksson Torp said in a release. “Driven by entrepreneurship, they have established themselves as one of the leading publishers in the audio segment in Sweden and have a proven track record of publishing commercially successful content across various genres that resonates well with the Storytel audience. This acquisition […]
Introducing Our New Monthly Column “Galley Brag”
Welcome to our new column, Galley Brag, about the hottest galleys of the moment. Once a month, we’ll be rounding up the forthcoming titles everyone in the industry is talking about. Here at Publishers Marketplace, we’re reading Chimamanda Ngozi Adichie‘s novel Dream Count (Knopf, 3/4) her first since 2013’s Americanah. Michael Cader says, “Well worth the long wait, it’s a rich tapestry of four strong, independent women.” We’re also checking out upcoming titles by Kevin Wilson, Katie Kitamura, and Nnedi Okorafor. On the bookselling side, we’ll be speaking to buyers, merchandisers, and booksellers to find out which titles are getting people […]
Marysue Rucci Named New Publisher of Scribner
Marysue Rucci will become publisher of Scribner on February 24, succeeding Nan Graham. As reported previously, Graham will remain at Scribner, acquiring new titles and editing her authors. According to a Simon & Schuster spokesperson, “Marysue Rucci Books will publish through 2025, and Marysue’s authors will follow her to Scribner.” “Whether the book is fiction or nonfiction, literary or commercial (or both), Marysue brings passion and conviction to her work,” Simon & Schuster ceo Jonathan Karp said in a release. “Again and again, she has demonstrated that she possesses a discerning eye and an openness to new ideas and literary […]