Ed Schlesinger has been promoted to executive editor at Gallery Books.
People 7/20
Taryn Roeder has been named executive director of publicity, adult books at Abrams.
Callisto Media Laid Off More Than a Third of Staff
Last week, Callisto Media laid off 140 employees—35 percent of their workforce—sources have confirmed to PL. The cuts were made across departments and levels, in both the New York and Oakland, CA offices. CEO Benjamin Wayne told employees in an all-staff virtual meeting on July 12 that the company, which has been trying to go public or execute a sale, was not yet profitable and it was hard to secure investors during the economic downturn. Callisto needed to reduce spending by $20 million, he said, and 140 positions would be eliminated. Wayne also said that the company would pare down […]
Bloomsbury Trade Increases 26% In First Third
Bloomsbury released a trading update for the first four months of the fiscal year, ended June 30, ahead of its annual meeting today. Trade sales rose 26 percent over the same period last year to £49.95 million, with adult sales of £16.7 million (up 12 percent) and children’s sales of £33.3 million (up 34 percent). Company-wide, sales were up 27 percent to £80.3 million. Results were driven by a Paul Hollywood cookbook and, as always, Sarah J. Maas and Harry Potter. Given the strong start, market expectations are for full-year sales of £242.6 million and profit before taxation and highlighted […]
New Books Publishing July 19
Sarah Gailey leads this week’s fiction releases, while nonfiction includes new work from Isaac Fitzgerald. 4 works of fiction https://bookshop.org/lists/new-fiction-publishing-july-19 https://shop.aer.io/publishers_lunch/cl/New_Fiction_Publishing_July_/223781 5 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-july-19 https://shop.aer.io/publishers_lunch/cl/New_Nonfiction_Publishing_July_/223782 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 well: publun.ch/submitNotable. Please submit your notable titles at least 3 months prior to pub date.
August Library Reads
Love on the Brain by Ali Hazelwood is the #1 Library Reads pick for August.