The Crown Publishing Group announced it has made additional changes to its organizational structure that, according to president and publisher Maja Mavjee, will “create an even sharper direction and momentum for each of our publishing areas as we enhance creative collaboration across the Crown Publishing Group while maintaining the diverse category focus that has been a cornerstone of our recent success.” Molly Stern, who as svp, publisher of Crown, Hogarth, and Broadway Books oversees the division’s fiction publishing program, will add narrative-based general interest nonfiction to her portfolio, taking on responsibility for the Crown Archetype and Three Rivers Press imprints. […]
Healey’s ELIZABETH IS MISSING Tops June LibraryReads List
Emma Healey’s debut novel ELIZABETH IS MISSING leads off June’s LibraryReads list. Other books on the list include: China Dolls, by Lisa See The Ice Cream Queen of Orchard Street, by Susan Jane Gilman I Am Having So Much Fun Here Without You, by Courtney Maum The Matchmaker, by Elin Hilderbrand Summer House with Swimming Pool, by Herman Koch The Lobster Kings, by Alexi Zentner The Hurricane Sisters, by Dorothea Benton Frank The Quick, by Lauren Owen Rogues, edited by George R.R. Martin and Gardner Dozois
International: Paragon Acquires Bankrupt Weltbild; Amazon Partners With Italian Bookstore Chain Giunti
German media group Weltbild, which went into bankruptcy reorganization last January, has been acquired by private equity group Paragon, Manager Magazin reports. As part of the deal, for which terms were not disclosed, Paragon will take a majority stake in Weltbild and transfer the main business in Germany as well as satellite operations in Austria and Switzerland to a new company. Since the bankruptcy, 900 of Weltbild’s employees (nearly 50 percent of the workforce) have lost their jobs and 50 of 220 stores have closed. Amazon has partnered with Italian bookstore chain Giunti, which will allow the bookseller to sell […]
People, Etc.
Associate publisher Tracy Locke will leave the Penguin Press on May 16. Thereafter, she can be reached at locketracy32@gmail.com. Jessica Purcell has joined Knopf as associate director of publicity. Previously she was a publicity manager at Norton. At HarperAudio, Sean McManus was promoted to senior director. In addition, Caitlin Garing moves up to senior producer and Erin Wicks has been promoted to producer. The Elina Ahlback Literary Agency, based in Helsinki and focused on representing Finnish authors, illustrators and publishers to the US market, has recently opened an office in New York, headed by Laura Palotie. She is based out of Makeshift […]
People
At Rizzoli, Robb Pearlman has been promoted to associate publisher, Universe Books, Calendars, and Licensing, while Dung Ngo moves up to the new position of creative director. In addition, Kaija Markoe has been appointed associate director of production. At Workman, Maisie Tivnan has been promoted to senior editor, and Justin Krasner and Heather Schwedel have both been promoted to assistant editor. Election results for the ABA board of directors are now official, with Jamie Fiocco of Flyleaf Books in Chapel Hill, NC joining the board, as John Evans of Diesel and Matthew Norcross of McLean & Eakin were both reelected to second […]
Another Good Quarter for Harper, Thanks to DIVERGENT
HarperCollins reported their fiscal third quarter, ending March 31, with sales rising 14 percent to $354 million and EBITDA gaining even more, nearly doubling to $53 million (compared to sales of $311 million and EBITDA of $29 million a year ago). As noted in the previous quarter, the company cited “the higher contribution to profits from ebooks and ongoing operational efficiencies coupled with higher revenues” for the strong earnings. Veronica Roth’s Divergent series continued to bolster sales, accounting for 8 million net units for the quarter. eBook revenues represented 26 percent of overall sales for the quarter, up 46 percent from a […]