Harper Alley will expand to offer adult graphic novels, plus manga and manhwa for all ages, after launching as a children’s graphic novel imprint in 2020. Andrew Arnold has been promoted to vp, publisher, Rose Pleuler has been promoted to senior editor, and Sophie Schmidt has been promoted to assistant editor. Maddy Price has been promoted to designer.
People 7/19
Scholastic’s Slow Sales in Final Quarter Lead to Declines for the Year
Scholastic reported fourth quarter and full year results for the period ended May 31. For the quarter, sales were down 10 percent to $475 million, owing to lower book club sales, “as a result of the resizing efforts to create a smaller, more profitable core business,” the company said in a release. Adjusted EBITDA was down 21 percent to $90.7 million and operating income decreased 49 percent to $47.2 million, due to lower sales per book fair, as well as decreased sales in the Education Solutions segment. “That’s in contrast to our expectations for modest growth,” CEO Peter Warwick said […]
Open Road Launches Podcast With Industry Leaders
Open Road Integrated Media has launched a podcast, “Open Book,” hosted by CEO and National Book Foundation board chair David Steinberger. The podcast repurposes lunchtime conversations that Open Road has been holding for employees at their offices. The first two episodes feature Grove Atlantic publisher Morgan Entrekin and former Pantheon publisher Lisa Lucas, and future guests will include Macmillan CEO Jonathan Yaged, Penguin Publishing Group president Allison Dobson, Authors Equity CEO Madeline McIntosh, City Lights bookstore chief buyer Paul Yamazaki, 37ink publisher and former Bon Appetit editor-in-chief Dawn Davis, literary agent and Writers House president Simon Lipskar, and writer Ted […]
Adult and Children’s Fiction Grows in May
The Association of American Publishers (AAP) reported StatShot numbers for May, with trade sales of $716.8 million in adult and children’s books, up 16 percent over 2023. Adult sales grew 18 percent to $526.0 million, with $297.2 million in fiction (up 25 percent) and $228.8 in nonfiction (up 9 percent). Hardcovers were up 22 percent to $178.4 million (making up 34 percent of total sales in the category), paperbacks were up 20 percent to $184.3 million (35 percent of sales), ebooks sold $71.9 million (14 percent of sales), and digital audio sold $69.2 million (13 percent of sales). Children’s sales […]
Authors Talk: Mateo Askaripour
This Great Hemisphere (Dutton, July 9, 2024. Editor: Pilar Garcia-Brown. Agent: PJ Mark, Janklow & Nesbit.) New York Times-bestselling author Mateo Askaripour‘s was chosen as one of Entertainment Weekly’s “10 rising stars to make waves,” and his first novel, Black Buck, was a Read with Jenna Today Show book club pick. Most recently, he was named as a recipient of the National Book Foundation’s “5 Under 35” prize. This Great Hemisphere is his second novel. How did you find your agent? I found my first agent through scanning Publishers Marketplace and cold querying her. I’d received an offer from another agent, […]