Separately, Barnes & Noble Education reported fourth quarter and full fiscal year sales after the close of the market on Wednesday. Fourth quarter sales of $358 million were up 4.3 percent, and full year sales of $2,204 million were 17.6 percent higher — both due to the acquisitions of MBS in February 2017 and Student Brands…
Despite Organizers’ Efforts, Bookseller and Librarian Attendance Fell at Book Expo
For years now as Book Expo has plainly diminished in actual scale — primarily show floor exhibition space and attendees — organizers have understandably shied away from much discussion of the core data, bringing to bear a series of efforts to “reimagine” the show and drive the best possible experience for those who do participate….
PRH Sells Smashing Ideas
Penguin Random House has sold the Seattle-based company Smashing Ideas, which they bought seven years ago (the first acquisition under Markus Dohle, prior to the merger with Penguin). The unit, which provides “consults across the product design and development lifecycle,” was sold to IT service provider Luxoft, for undisclosed terms. PRH US president, director of strategic…
Best Books of the Year So Far, So Far
It’s time for the first round of picks of some of 2018’s best books from the first five or six months of the year — in advance of Amazon’s “best so far” package across multiple categories, due later this month. Looking across the lists from iBooks, EW, Christian Lorentzen at Vulture, and Time (including nonfiction), Lisa Halliday’s…
More Deals Improvements
As part of our continuing work on revamping the deals submission form, thanks to user feedback we have now launched a separate, dedicated reporting form for translation rights sales. The new form lets you report anywhere from 1 to 6 territory sales in a single report (and for more, just fill out a second form)….
Briefs
Laura Brown has joined Park Row Books as editor, moving over from the Harper imprint. Opening Sales THE PRESIDENT IS MISSING by Bill Clinton and James Patterson sold approximately 152,000 hardcovers in the first week on sale, as tracked by Bookscan through the outlets they monitor. The co-publishers trumpet it as the best first week…