Open Road Integrated Media announced Monday that it has an agreement to acquire literary agent Richard Curtis’s E-Reads, one of the pioneering ebook publishers, with a catalog of over 1,200 titles. That list, focused on science fiction and fantasy (and including mystery, thriller, romance, and horror books) will significantly enlarge Open Road’s list of 4,200 titles. The deal is expected to close on April 1, at which point Open Road will decide which if any of E-Reads staff of 5 full- and part-time employees they want to retain. E-Reads founder Richard Curtis will continue to run his longstanding literary agency, […]
Finance
Packer Asks “Is Amazon Good for Books?”
And if you have to ask, the implied — but not particularly explicit — answer is no. George Packer looks at Amazon and the book business in this week’s New Yorker. Much of the piece will be familiar to our readers. He does find evidence of a forgotten Amazon imprint from late 1999 from former employee James Marcus, when “Amazon tried publishing books, leasing the rights to a defunct imprint called Weathervane and putting out a few titles,” mostly revived remainders. “Weathervane fell into an oblivion so complete that there’s no trace of it on the Internet. (Representatives at the […]
People, Etc.
At Gotham/Avery, Lindsay Gordon has been promoted to associate director of publicity. Beth Ineson has been appointed to the new role of executive director, book marketing, sales, and operations at Boston Common Press, starting March 3. Most recently she was head of field sales at Houghton Mifflin Harcourt. Ineson will oversee expansion of the marketing and distribution of efforts of the Cook’s Illustrated, America’s Test Kitchen, and Cook’s Country lines of cookbooks. Annie Kelley has returned to Schwartz & Wade Books as senior editor. Previously she was youth editor at Booklist. Simon & Schuster UK will combine its adult and […]
Penguin Random House Will Close the Two Penguin Warehouses By June 2015
Penguin Random House leaders Markus Dohle and Madeline McIntosh announced Wednesday afternoon that the company will “regrettably” close two of their four current warehouse/operations centers by June 2015, in Pittston, PA and Kirkwood, NY. They describe it as part of “the difficult, yet necessary, decisions we have made regarding our future warehouse network.” “Additionally, several support and distribution functions for Penguin currently performed in Pearson’s Cranbury, and Old Tappan, NJ offices will be relocated during this same time frame, as will Penguin’s Inside Sales department.” As a result, all US fulfillment operations will be merged into the Westminster, MD and […]
Specialty Distributor HDA Suspends Business to Restructure
St. Louis-based specialty distributor of books and magazines HDA Inc. has abruptly suspended business, apparently due to a credit squeeze. Many book publishers use the company for distribution to such retailers as Lowe’s Home Improvement (where they are the exclusive category manager for books, magazines and maps); Menard’s hardware stores; Bed Bath and Beyond; Michael’s; Dollar General and other stores. They distribute magazines to those outlets as well, and also publish their own home plan books and magazines. Reportedly, employees were locked out on Monday and given letters indicating their employment was terminated. HDA ceo Bob Ketterer told consultant Linda […]
Another UK Independent Publisher Seeks Support
It has been a difficult period for independent publishers in the UK, with Saqi Books the latest to announce that it is seeking new investment or else will discontinue its English-language publishing program after 30 years. In their statement they indicate: “Following considerable success and significant growth over the years, Saqi is now reviewing its long term strategy. It is no secret that publishing in the UK is an uphill struggle, especially for a small independent outfit. We have been going from strength to strength and we saw our highest turnover in 2013. The directors are now reviewing our strategy […]