Bloomsbury released preliminary results for their full year ended February 29, with sales up 30 percent to £342.7 million. Profit before taxation and highlighted items was £48.7 million, a 57 percent increase. Both sales and earnings set a record for the company. In a release, CEO Nigel Newton said, “This dramatic increase arises from our entrepreneurial diversification strategy which has forged a portfolio of portfolios combining consumer and academic publishing across formats, territories and subject areas, a resilient model delivering long-term success.” But that’s really not the story the results show. The company’s growth comes from consumer sales—driven by Sarah […]
AI, Spotify, and Agent-Editor Relations at the US Book Show
The US Book Show returned on Wednesday, targeting programing to book industry professionals. In the opening panel, Simon & Schuster CEO Jonathan Karp, Baker & Taylor CEO Aman Kochar, Abrams CEO Mary McAveney, and Scholastic CEO Peter Warwick discussed their optimism for the industry and their thoughts on generative AI—a major topic of discussion throughout the day. McAveney feels positive about the industry because of the rise of independent publishers and authors, while Kochar referred to the growth of diverse, authentic stories. On AI, Warwick asked if books are already in ChatGPT, to which Karp nodded emphatically. Rather than an […]
Buzz Books Fall/Winter Season Preview: Nonfiction
Last week we launched our Buzz Book 2024: Fall/Winter sampler, with excerpts from an array of great forthcoming literary and debut fiction. If you haven’t downloaded your copy yet, the “trade edition” is available now from NetGalley and Edelweiss, or find the consumer editions all linked at our main Buzz Books website. You’ll be able to sample some of the highlighted titles right now in Buzz Books 2024: Fall/Winter; they are noted with an asterisk in bold. And please remember: because we prepare this preview many months in advance, titles, content, and publication dates are all subject to change. This […]
New Books Publishing May 21
This week’s fiction releases include new books by Stephen King, Ruth Ware, Joyce Carol Oates, and Kevin Kwan, while Sebastian Junger and Daniel Handler publish new nonfiction works. Also out this week are I WANT YOU MORE by Swan Huntley and THE LAST MURDER AT THE END OF THE WORLD by Stuart Turton, both of which are excerpted in our Buzz Books 2024: Spring/Summer anthology. 38 works of fiction https://bookshop.org/lists/new-fiction-publishing-may-21 12 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-may-21 From Buzz Books https://buzz.publishersmarketplace.com/ We consult a number of sources in compiling our weekly lists and PM […]
Plutarch Award
Anansi's Gold: The Man Who Looted the West, Outfoxed Washington, and Swindled the World by Yepoka Yeebo won the Plutarch Award for the best biography of 2023.