So in the near unspecified future both of your full-time Publishers Lunch correspondents are gong to attempt something very rare–truly unwired vacations. Which is a good occasion to ask for all readers’ attention on an important matter of protocol. Please make sure that you send all of your general news to info@publishersmarketplace.com only, and all of your deal news to deals@publishersmarketplace.com only. Sharing your news with us is that simple! And if you don’t send your information to the right place, it’s very likely that we will not report it at all. Please use our personal addresses (someonesname@publishersmarketplace.com) for personal correspondence […]
News
HarperCollins Launches 360, A “Global Publishing Program” For Authors
In a move that underscores publishers’ growing desire to maximize the territorial rights they control through direct publishing in a possible markets, HarperCollins announced Wednesday morning that they will launch a new “global publishing program” called HarperCollins 360, starting July 1. The initiative’s goal “is to ensure that all books published by any division of HarperCollins around the world are available in print or digital format in all English-language markets.” In other words, Harper will make certain they are publishing into the US market any titles originated by Harper divisions in the UK, Australia, New Zealand, India and Canada where […]
People, Etc.: McIntosh Named Random House COO
Madeline McIntosh has been named chief operating officer for Random House, effective immediately, reporting to ceo Markus Dohle. She also continues with her duties and responsibilities held in her previous position as president, sales, operations and digital. McIntosh first joined the company in 1994 and, after a brief stint at Amazon, rejoined in 2009. In a statement Dohle said McIntosh “has been, and continues to be, a vital part of the transformation of our organization as we redefine the way our sales and corporate operations support and collaborate with our publishing divisions.” Dohle added: “I believe that the strong position […]
Oprah Revives Book Club “2.0” With Cheryl Strayed Memoir WILD
Late Friday afternoon Oprah announced via a video message obtained by the NYT that after a two-year hiatus — corresponding to when she left broadcast television and started her own network, OWN — she would bring back her book club, now called Oprah’s Book Club 2.0. The first selection in the revived club, which will feature “several selections” through the end of 2012, is Cheryl Strayed’s memoir WILD. “I love this book,” Winfrey wrote in the July issue of O, The Oprah Magazine. “I want to shout it from the mountaintop. I want to shout it from the Web. In […]
BN Puts Nook and College Business Into New Subsidiary, With Microsoft Investing $300 Million
The future of both Barnes & Noble and the digital reading business took new shape Monday morning as the bookseller announced the creation of a new subsidiary, into which they have transferred all of the Nook and BN College units (comprising “their digital device, digital content and college bookstore businesses.”) Microsoft is investing $300 million in that subsidiary–called simply NewCo for now (a standard corporate placeholder before the real name is finalized)–in exchange for preferred shares representing a 17.6 percent stake. That gives the newly-formed unit an approximate valuation of $1.7 billion (with BN’s share valued at $1.4 billion) — far more than […]
People, Etc: Schnittman to Hachette As Chief Marketing & Sales Officer
Evan Schnittman is joining Hachette Book Group on May 7 in a new executive position of evp, chief marketing and sales officer. He will oversee marketing and sales for all divisions of the company, which includes digital sales and marketing, advertising and promotion, and the market research and analytics group. He has been managing director, group sales and marketing, print & digital at Bloomsbury. HBG ceo David Young says in the announcement, “He brings great marketing and sales experience to his new role, and has worked at the intersection of technology and content for much of his career – expertise […]