The AP has obtained a letter to Direct Group employees from Bertelsmann chief executive Hartmut Ostrowksi that admits “we have decided to initiate the sale process for our [book and music club] businesses” in the UK, Australia and New Zealand, plus the Czech Republic, the Netherlands and Flanders (Flemish-language in Belgium), Poland, Russia, Slovakia and Ukraine. At least for now the company intends to retain Direct Group units in German and French-speaking countries, plus Spain, Italy, and Portugal. (Note that the French media recently reported the hiring of Morgan Stanley to elicit offers for the Direct Group division.) AP
International News
Summerscale Wins Johnson prize
Kate Summerscale’s The Suspicions Of Mr Whicher: Or The Murder At Road Hill House won the UK’s £30,000 Samuel Johnson prize for nonfiction. The chair of judges Rosie Boycott declared it a “page-turning yarn” and said “Summerscale has brilliantly merged scrupulous archival research with vivid storytelling that reads with the pace of a Victorian thriller. The book is a rare work of non-fiction that mimics the suspense genre and leaves one gripped until the final paragraph.” Walker is the US publisher for the book.BBC
UK Agents Compete for Estates
Savvy agents have long known the advantages of representing well-established literary estates and now following the diminution of PFD, the gloves are off in London. The Times says: ” No point wasting one’s time with new authors. They’re unpredictable, demanding. They require lunch. No, what any literary agent worth his salt needs in 2008 is a classic author with form: famous, prolific and deceased within the past 70 years. In recent months, the literary estate – the body of work belonging to a dead author – has suddenly and unexpectedly become big business.” As previously reported, Andrew Wylie took over […]
UK Market-Share Stats
Here are figures for the first 24 weeks of 2008, according to Nielsen BookScan Total Consumer Market: UK Market-Shate Publisher Sales (pounds) Share 20081 Hachette Livre UK £105,912,663 15.3%2 Random House £104,515,833 15.1% 3 Penguin £68,827,003 9.9%4 HarperCollins £56,790,193 8.2%5 Pan Macmillan £23,543,369 3.4%6 Bloomsbury £17,316,123 2.5%7 Pearson Education £13,023,242 1.9%8 OUP £12,770,894 1.8%9 John Wiley £11,900,951 1.7%10 Simon & Schuster £11,195,056 1.6%
Australian Import/Copyright Fight: Sounds Like a Losing Battle
In Australia, booksellers and a government commission are seeking to remove the country’s restrictions that give Australian publishers 30 days after the release of book elsewhere in the world to issue an Australian edition (which protects territorial rights and blocks the importing of editions from other countries). The industry response, as the Australian puts it: “The Australian Publishers Association and the Australian Society of Authors are organising a grassroots campaign to educate the public that cheap books will come at a cost to the local industry.”Australian
Enthusiasm at Brazil Literary Festival
Reuters reports on the latest Paraty Literary Festival–founded six years ago by the UK’s Liz Calder–which has “helped transform the town about halfway between Rio de Janeiro and Sao Paulo into a trendy destination and given Brazil a spot on the international literary circuit.” Reuters