Goodreads announced the winners of its 14th annual Choice Awards, as voted on by readers.
Harper Union, Authors to Hold Strike Rally
In response to Harper Collins ceo Brian Murray’s open letter addressing union negotiations, the Harper Collins Union will hold a rally outside company headquarters on December 16. Co-hosted by The Poppy War author RF Kuang and former publishing professional and debut author Molly McGhee, the rally will take place at 12:30 PM at 195 Broadway in New York City. In a release, union chair and senior production editor at Harper Children’s Laura Harshberger said, “By issuing this statement, Brian Murray and the rest of News Corp confirmed for us that our strike is working and that the support of our […]
People 12/7
Olivia Rollins has joined as an editor, replacing editor Lydia Rogue.
Wiley Aims to Reduce Costs as Earnings Fell in Q2
Wiley released its earnings report for the second quarter ended October 31, with sales of $515 million, down 3 percent from last year. Operating income was down 22 percent to $57.4 million, and adjusted EBITDA fell 3 percent to $123.8 million. Net income was $38.2 million, compared to $55.9 million in the prior year. Earnings declined in part due to $14 million in restructuring charges “related to workforce actions and real estate optimization.” In a presentation to investors on Wednesday, the company said it is “accelerating [a] cost reduction program, including targeted workforce actions, general hiring freeze, real estate optimization, […]
One Major New York Publisher Pays Starting Salary of $50K
In yesterday’s open letter addressing negotiations with the union, Harper Collins ceo Brian Murray wrote that, “Based on publicly available information, HarperCollins’s proposed compensation increases would provide for a higher starting salary than any other major New York publisher.” The dollar amount of Harper’s proposal was not disclosed; the union has said it is asking to increase the base salary from $45,000 to $50,000. To expand on the publicly available information, Simon & Schuster’s starting salary for New York City employees is $50,000, which the company confirmed to PL. (Our understanding is that S&S pays based on a 40-hour workweek. […]
Center for Fiction First Novel Prize
The Center for Fiction's First Novel Prize went to Noor Naga's If an Egyptian Cannot Speak English (Graywolf).