Author and founder of kids and YA book packager Cake Creative Dhonielle Clayton will launch Electric Postcard Entertainment, an adult and YA packaging venture that will produce books, podcasts, film, and television with “darker themes and more ambitious narratives.” “Electric Postcard Entertainment opens doors for me to move into the adult and young adult crossover space with projects that continue our trademark blend of commerciality, diversity, and authenticity,” Clayton said. “I’m excited to be a launchpad for writers in this space and forge relationships with partners new and old to introduce more marginalized voices and exciting IP to the world.” In […]
People 10/20
At Penguin Random House, evp supply chain Annette Danek has been promoted to the new position of chief supply chain officer, continuing as evp and reporting to president and coo Nihar Malaviya.
Trade Sales Fell in July, But Still Beat 2019 Numbers
The AAP released StatShot data from their participating publishers for July, reporting trade sales of $623 million, down (12) percent from a high point of $708 million last July but still above 2019 levels. Adult sales were $435 million, down (11) percent from $491 million last year. Hardcover sales were $102 million, a (31.7) percent decline, and paperbacks were nearly flat at $171.6 million. Mass markets were $14.7 million, compared to $25.6 million in 2021. Children’s sales were down (13.5) percent to $188 million, with hardcover sales of $51 million—a (24.5) percent decline—and paperback sales of $94 million—a (12.3) percent […]
Distribution: Cardinal Rule Press
Children’s publisher Cardinal Rule Press is now distributed by Independent Publishers Group.
People 10/19
Morgan Kane has been promoted to director of publicity at Macmillan Children's.
Trial Takeaways: Agents 101
As it became clear in the trial, economics experts made analyses that no one else ever has, because they had access to data from multiple publishers. Similarly, the trial itself highlighted information across the industry that is rarely spoken aloud or compared between companies. Here’s what we’ve learned about publishing from a wide swath of industry players. All About Agents As an expert witness testifying about the role of literary agents, Jennifer Rudolph Walsh gave the court and the public a primer on agenting—information that can be helpful for writers or aspiring industry professionals. “The literary agent finds the author, […]