About Michael Cader

Michael Cader is the creator of Publishers Lunch and PublishersMarketplace.com
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Bookselling: Amazon NYC, BN's New CEO Speaks, and More

Every time Amazon opens a new bookstore they invite the local press to a preview and receive glowing write-ups that all read pretty much the same as the stories that ran in the previous cities. But the opening of their first New York City store on Thursday at Columbus Circle,…

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NEH Chair Resigns As Organization is Forced to Budget For Its Closure

NEH chairman William D. Adams resigned on Tuesday after less than three years leading the organization. With funding recently reaffirmed for the current fiscal year, Adams was able to say in his statement, "We're encouraged that Congress and the President increased our funding for the current year and that the White…

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Bookselling Briefs: Amazon 13, Helping Carmichael's, and More

Amazon has leased its 13th known bookstore in a 5,227-square-foot space in Westfield Century City Mall in Los Angeles, according to permits filed earlier this month. (Word of a fourteenth store in Georgetown has been reported informally by the landlord but not the company.) Amazon has not formally announced the store, or provided a date…

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Bookselling Notes and Beyond: Indies, Amazon and More

Owner of WORD bookstores Christine Onorati has an "open letter" of interest posted at Melville House's website. She writes because, "I believe that we are at a crossroads in our industry, and, for the first time, I'm genuinely worried for our future. I think that we need to start brainstorming new…

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Barnes & Noble's Market Cap At New Low

Pushed by yesterday's marketwide slump, Barnes & Noble's stock is now trading at levels that the company it's lowest market capitalization in at least a decade, if not longer. This morning shares opened at $7.30 and were down slightly again, for a market cap of about $510 million. The stock had dipped…

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New Amazon Charts Show What People Are Reading

Amazon has launched a "reimagined weekly bestseller list" that combines data from across all of their formats -- print, ebook, and digital audio. A new Top 20 Most Read list aims to show "what customers are really reading and listening to by looking at the average number of daily Kindle readers…

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Potter and FX Lift Bloomsbury's Sales, But Not Profits

Bloomsbury reported results for their fiscal year, ending February 28, with sales of £142.6 million, up £18.9 million, as profit before tax fell £1 million to £12 million. Despite their intention "to become primarily a non-consumer publisher in the B2B academic and professional information market," Bloomsbury is still very much…

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Buzz Books and Book Expo Schedule

We had a great launch of our two new Buzz Books samplers yesterday, the ultimate preparation for Book Expo and the fall publishing season, with the latest editions cracking the top 100 at both iBooks (where they are being featured) and Amazon. Or get the "trade editions," directly from PM as EPUB…

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Northwestern Student Sues Harper and Author Kipnis Over Unwanted Advances Book

A Northwestern University graduate student filed a Jane Doe lawsuit in an Illinois Federal Court on Monday against author Laura Kipnis and publisher HarperCollins over the publication of Unwanted Advances. The suit alleges counts of public disclosure of private facts that "were not of legitimate public concern," false light invasion…

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The Latest Buzz Books 2017 Just In Time for Book Expo and the Fall Season

Today we launch two new editions of what has become the ultimate way to prepare for Book Expo, Book Con and the fall publishing season (capturing the best part of the convention even if you don't attend -- reading some of the hottest new books ahead of everyone else): Buzz…

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