Wiley reported fourth quarter and fiscal year results for the period ended April 30, with fourth quarter sales of $546 million, up 2 percent from $536 million, held back by -$11 million in foreign exchange. Operating income was $58.4 million, up 14 percent from $51.2 million a year ago, and adjusted EBITDA was $110.9 million, down from $112.7 million. Academic & Professional Learning (which includes trade books) was down 7 percent as reported in the quarter, “driven by declines in education publishing and trade publishing, offsetting a continued strong recovery in corporate training.” That corporate training recovery was evident in […]
New Books Publishing June 14
Alix E. Harrow, Elin Hilderbrand and Werner Herzog lead this week’s fiction releases, while nonfiction includes new work from Ibram X. Kendi and Ada Calhoun. Also out today are books by Geraldine Brooks and Melissa Bond, both featured in our Buzz Books 2022: Spring/Summer sampler. 19 works of fiction https://bookshop.org/lists/new-fiction-publishing-june-14 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_June_/223171 16 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-june-14 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_June_/223172 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 […]
James Beard Awards
The James Beard Foundation announced their 2022 media awards, with The Zuni Café Cookbook by Judy Rodgers entering the Cookbook Hall of Fame and Mooncakes and Milk Bread: Sweet and Savory Recipes Inspired by Chinese Bakeries by Kristina Cho winning in both the Baking and Desserts and Emerging Voice categories.
Lambda Literary Awards
Lambda Literary presented their annual Lammy Awards on June 11.
Pen America Union Wins Voluntary Recognition
Pen America United, the Pen America employees’ union, has been officially recognized by management and now moves on to negotiate a contract. In a Medium post, the union wrote that they demanded voluntary recognition on December 9 and have been negotiating since. “We want to work towards a Pen that commits to providing fair and equitable compensation, including clear and consistent policies around salary minimums, increases, and promotions,” they wrote. “A Pen that adequately addresses the root causes of burnout and secondary trauma, and promotes an organizational culture of transparency, equity, and responsiveness.” Pen America had an annual income of $12.3 million […]