Veronica Park has joined Fuse Literary as an associate agent. She was previously literary agent and marketing specialist at Corvisiero Literary Agency. Alexandra Franklin has been promoted to associate agent at the Vicky Bijur Literary Agency. Maya Baran has joined Viking Penguin as publicity manager, returning to publishing full-time. Most recently she has assisted Broadside PR […]
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Corporate: Pearson Gains On Steady Quarter, Scribd Pairs with NYT
Pearson provided a trading update on the first nine months of 2018. Total revenues were flat, with a 3 percent decline in US higher education courseware offsetting growth in the rest of the company. The company attributed some of the revenue decline to delays caused by the implementation of new enterprise software in the US, […]
Amazon Launches Book Subscription Box for Children
Amazon has entered the burgeoning business of book subscription boxes with their Prime Book Box program. The new initiative provides a collection of “books tailored to your child’s age” — two hardcovers, or four board books for kids 2 and under — sent every 1, 2 or 3 months, priced at $22.99 per box, plus […]
Scribd Returns to (Mostly) Unlimited Subscriptions, Now That They Are “More Profitable Than We Wanted”
Subscription service Scribd has resumed providing unlimited access to their catalog of books, audiobooks and other materials to most participants, while curtailing the benefits for the “small fraction of readers who read a high-volume of books,” according to ceo Trip Adler. After launching with unlimited reading of ebooks in 2014, and adding unlimited access to […]
Kobo Plus eBook Subscription Service Launches In Holland and Belgium
Kobo has launched an ebook subscription service, called Kobo Plus, in Holland and Belgium, jointly created with their local partner, the online bookseller bol.com. Priced at €9.99 per month (with a one-month free trial), the services promises unlimited access to 16,000 titles in Dutch and over 40,000 titles in all, “with considerable growth expected in […]
Kindle Unlimited: The Trend Continues, and The House Is On Top
Amazon made their monthly retroactive announcement of how much money they have decided to allocate to authors who participate in Kindle Unlimited, with November’s bounty following the pattern from the prior month. The pool was boosted by $100,000, to $16.3 million, while the total “pages read” declined, to roughly 3.032 billion (down from 3.122 billion […]