About Michael Cader

Michael Cader is the creator of Publishers Lunch and PublishersMarketplace.com
Archive by Author

Crown Relaunches Currency

by on June 28, 2017 in New Imprints

Crown is launching what they are calling a new imprint focused on business books, bringing back an old moniker first used by Doubleday, called Currency, led by Tina Constable. Currency will take over from and expand upon the Crown Business line, which will be "retired over time." Forthcoming Crown Business…

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Penguin Eliminates Blue Rider Press

by on June 26, 2017 in Finance, New Imprints

Penguin Publishing Group president Madeline McIntosh has closed another of the group's publishing lines, writing to staff that she had "made the difficult decision to discontinue Blue Rider Press as a standalone imprint." President and publisher David Rosenthal, who came to Penguin in early 2011 to create the imprint, and…

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Yes, Mbue's Behold the Dreamers Is New Oprah Pick

by on June 26, 2017 in Awards, Free

As suggested here earlier in the month by booksellers, a just-published paperback edition of Imbolo Mbue's debut novel Behold the Dreamers is the latest "summer" pick for Oprah's Book Club. Winfrey declares -- in another videotaped announcement first posted at Amazon, which continues its undeclared/undefined but clearly official and close…

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Blended Statistics Part 4: A Broader View of What Authors Earn

by on June 23, 2017 in Uncategorized

Part 3 looked at the whole industry and laid important groundwork for roughing out a new measure: how much money do authors earn? The Author Earnings project has made valuable strides in making this a central issue. Up until AE, no one had even tried to tabulate what authors make…

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Legal: Elsevier Prevails Over Sci-Hub; Textbook Publishers Sue Follett for "Trafficking In Counterfeit Textbooks"

by on June 23, 2017 in Legal

On Tuesday, a Federal court for the Southern District of New York entered a default judgment in favor of Elsevier in their infringement suit against Sci-Hub, the Library Genesis Project, and other websites, accused of "compromising some 51 million protected works." The court award the maximum damages of $15 million, and made…

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Blended Statistics Part 3: The Full Consumer Market

by on June 22, 2017 in Industry Statistics

Thanks to those who have been writing in with enjoyment of our StatsFest, and apologies to those who are overwhelmed (we're trying to make this as straight forward as possible), but we soldier on. Today's installment is brief, but important, as we knit together numbers across trade -- and this…

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Sales Continue Falling at Barnes & Noble, But Earnings Improve

by on June 22, 2017 in Booksellers, Earnings Reports

Barnes & Noble continued to suffer from declining sales in their fourth quarter, ending April 29, but a reduced loss in the period and improved earnings for the fiscal year gave investors some confidence. After closing Wednesday near an all-time low of $6.50 a share, investors were relieved by the…

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Rodale to Explore Sale

by on June 21, 2017 in Finance

Further to our theory that in today's climate publishing and media companies are either buyers or sellers, privately-held Rodale indicated in a press release that the board is exploring the company's future and may sell part or all of the enterprise. They have retained Allen & Company to advise them…

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Roy's Novel Tops Amazon's 20 Best Books of the Year So Far

by on June 21, 2017 in Awards, Best of, Free

Amazon issued their list of the 20 best books of 2017 so far on Wednesday afternoon, along with a package of selections across 12 categories. (Our preview advice was correct on Roy, Saunders, Hamid, Gay, and Grann, and though Tinti  did not make Amazon's top picks). Their top 20 (including…

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Consumer Deadline -- and A Pot of Leftover Money -- Looms At Expiration of Apple Settlement Credits

by on June 21, 2017 in DOJ, Legal

The big Apple-funded pool of up to $400 million in consumer credits as a result of the ebook settlement agreement with the consumer class and state attorneys general began distribution about a year ago -- which means that any unused or unclaimed credits will expire at the end of the…

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