As the European Union wrestles with its very financial foundations, their antitrust agency the European Commission is focusing on the essential issue: It will formally investigate whether the original Agency Five and Apple “have engaged in illegal agreements or practices that would have the object or the effect of restricting competition in the European Union or in the European Economic Area.” The Commission says it is “examining the character and terms of the agency agreements entered into…for the sale of e-books. The Commission has concerns that these practices may breach EU antitrust rules that prohibit cartels and restrictive business practices.” […]
International News
Penguin Takes 45 Percent Stake In Brazil’s Companhia das Letras
Penguin has expanded its relationship with Brazil’s Companhia das Letras, taking a 45 percent stake in the publisher. The two companies have collaborated on co-publishing Penguin Classics in Brazil since fall 2009, when they formed Penguin Companhia Classicos and Penguin Companhia. Co-founder Luiz Schwarz writes, “Nothing will change in our philosophy or direction. Our editorial choices will be made as independently as always, but with a closer contact with the great editorial team of the Penguin family around the world. This is how Companhia plans to face the important challenges of publishing’s future: we will join forces with one of […]
International: Ediciones B, Planeta Launch Digital Imprints; and More
Spanish publisher Ediciones B launched a new digital imprint, B de Books, where the house will publish e-originals and ebook editions of its trade titles DRM-free, some at prices that are aggressively low for the Spanish market. Patricia Cornwell’s THE SCARPETTA FACTOR was available at launch for €1.99, and John Locke’s LETHAL PEOPLE will be released in January at €2.99. Commenting on the decision to publish DRM-free, B de Books director Ernest Folch said DRM had become a “barrier to readers” and is ineffective, since “DRM-protected titles are pirated the minute they hit the market.” El Cultural (in Spanish) Meanwhile Planeta […]
eNews: Smashwords Adds Management for Agents
Smashwords has adjusted their system to make it easier for literary agents to use the ebook distribution service. Their system now recognizes and allows agents to upload and manage clients’ titles as an authorized third party. (Up until now, the Smashwords paradigm made the uploader the “publisher,” a relationship that many agents did not want to accept.) In the new arrangement, agents can upload titles that will credit the author as the “publisher” and list the agency with an appropriate credit line in the metadata stream. Agents sign-up for a regular Smashwords account and then “upgrade” to Agent status. A […]
People, Etc.
Jeff Umbro has joined Goldberg McDuffie Communications as digital marketing manager, integrating digital marketing into their overall communications strategies. He began his career with Appsolute Media, focused on social media marketing, content strategy and seo. Toronto’s Transatlantic Literary Agency has added three agents. Meghan Macdonald will work part-time, growing a list of adult fiction and non-fiction clients. She worked for David Grossman before joining TLA. Patricia Ocampo will represent children’s authors, after working in editorial at Harper Children’s and in sales and marketing at Hachette Book Group Canada. Amy Tompkins will share representation of international rights sales for Orca Book […]
People, Awards, Etc.
Molly Barton will move up to global digital director at Penguin as of December 1. She takes over from Dan Ruffino, who is returning home to Australia. At HarperCollins, Beth Silfin has been promoted to the newly created position of vp, deputy general counsel, responsible for overseeing the contracts department in working directly with literary agents on contracts and rights negotiations. As a result of the change in how the legal and contracts department is organized, vp, associate general counsel Tom Ward will leave the company after more than 15 years. In addition, Cindy DiTiberio has been promoted to senior […]