Academic Partnerships, which provides online learning for public college students, has agreed to acquire Wiley’s university services arm, which “works with institutions to deliver career-connected education programs.” Academic Partnerships will pay $110 million along with up to $40 million in earnout based on results over the next two fiscal years. Pending regulatory approval, it is subject to close in early 2024. According to a release, “the combined company will provide universities with a best-in-class partner to support them in delivering programs online so more students can access affordable education, improve their careers, and meet employer and community needs.” “Wiley University […]
Obituary: Casey McIntyre
Casey McIntyre, 38, died on November 12 from ovarian cancer. McIntyre was vp and publisher at Razorbill and named vp, editor-at-large, Putnam Children’s as the teams were merged in June. She is survived by her husband, Andrew Gregory, and their daughter, Grace, as well as her parents and sister. Over the course of her career, she worked with authors including Katherine Applegate, Loren Long, Marie Lu, Richelle Mead, Terry Pratchett, Jon Scieszka, Veronica Roth, the March for Our Lives founders, and Sabaa Tahir. Penguin Children’s president Jen Loja said, “Penguin Young Readers and I will miss Casey immensely. It is […]
People 11/14
Ginee Seo has joined Ten Speed in the newly created position of vp, editorial director of children’s publishing, reporting to publisher Aaron Wehner. She was most recently at Chronicle.
New Books Publishing November 14
Michael Cunningham, Mitch Albom, and Val McDermid publish new novels this week, while nonfiction includes new work by Jonathan Karl and Raquel Willis. Also out this week is Rosie Danan’s DO YOUR WORST, available in our Buzz Books 2023: Romance collection. 17 works of fiction https://bookshop.org/lists/new-fiction-publishing-november-14 18 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-november-14 From Buzz Books https://buzz.publishersmarketplace.com/ We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming months on Bookshop. Check out November‘s 70 fiction releases; 54 works of nonfiction; and 29 notable […]
Judge Dismisses Portions of Authors’ Lawsuit Against Meta
Judge Vince Chhabria of the US District Court in Northern California has dismissed portions of Richard Kadrey, Sarah Silverman, and Christopher Golden’s class action lawsuit against Meta. The judge granted Meta’s motion to dismiss claims that the output of Meta’s large language model, LLaMA, infringes on their copyrights, saying that he didn’t understand how the AI tool’s output was similar to Silverman’s book. The plaintiffs may amend the claim, but for it to stand they must “argue that LLaMa’s output was substantially similar to their works,” Reuters reports. Meta has not responded to the authors’ main argument, that their books’ […]
Indigo’s Q2 Falls Below Last Year’s Strong Result
Indigo released results for the second quarter of their fiscal year, ended September 30, reporting $207 million in sales, down 12 percent from the previous year, and a loss in adjusted EBITDA of $(13.8) million, compared to $(10.6) million. Net loss during the quarter was $(22.4) million, compared to a net loss of $(15.9) million in the previous year. The company cites consumer “price sensitivity” as a reason for the drop—because people came out for discounts during promotional events—and a stark comparison to last year, which was the highest ever in merchandise sales. The company also launched their new ecommerce […]