Lagardere announced first-half and second quarter results, with publishing segment sales of €1.216 billion for the first six months, up €86 million or 7.7 percent from last year. Recurring EBIT was €81 million in the first half, down from €110 million in 2021—a record-breaking result—due to the rising costs of labor, transportation, and production. Sales in the second quarter were €662 million, an increase of 6.8 percent. In the US, like-for-like sales were down 1.9 percent compared to last year’s particularly strong first half, due to a “lighter release schedule” in 2022. But, as Hachette Book Group ceo Michael Pietsch […]
Booker Prize Longlist
The Booker Prize announced their longlist, including US authors Hernan Diaz, Percival Everett, Karen Joy Fowler, Leila Mottley, Selby Wynn Schwartz, and Elizabeth Strout.
A3: Judge Allows Testimony on Bidding, Printing
In a pre-trial hearing yesterday, Judge Florence Pan ruled on five points in preparation for next month’s A3 trial, with both sides winning enough of what they wanted to declare victory (details below). Additionally, as the parties slim their final witness lists, literary agents Joy Harris, Chris Parris-Lamb, Kent Wolf and Kate McKean have all been dropped and will not have to testify. Also dropped were Jon Anderson, Bill Thomas and Wendy Wolf. In a sign of the sprawling burden of the case across the industry, the hearing was attended by 21 attorneys representing publishers and agents concerned about their […]
People 7/26
Priscilla Painton has been named vp, editor-in-chief of the Simon & Schuster imprint, leading the non-fiction program.
New Books Publishing July 26
Megan Miranda and Katie Hafner lead this week’s fiction releases, while nonfiction includes new work from Jonathan Lemire. Also out this week are novels by Oscar Hokeah and Gina Chen, both excerpted in our Buzz Books 2022: Spring/Summer sampler. 15 works of fiction https://bookshop.org/lists/new-fiction-publishing-july-26 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_July_/223833 3 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-july-26 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_July_/223834 We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming three months through this reference page. But if you want to make sure your key titles are on our radar, now you can use this form to submit brief details as […]
Forthcoming: Pence Counters Obama; Plus A Netflix Tie-In, The Empress
Former vice president Mike Pence‘s book, titled SO HELP ME GOD will be published by Simon & Schuster on November 15 — the same day that Crown releases Michelle Obama’s THE LIGHT WE CARRY. Called by the publisher “the most robust defense of the Trump record of anyone who served in the administration,” the book “also chronicles President Trump’s severing of their relationship on January 6, 2021 when Pence kept his oath to the Constitution.” Separately, Zando has partnered with Netflix to publish a novel tie-in to the series The Empress, “which reimagines the sweeping love story between the rebellious […]