Banta Sells — to Donnelly Banta has found a solution to the persistent, unwanted takeover bids from Cinveo: They’ve agreed to a $1.3 billion sale to Donnelly instead. The deal is expected to close in the first quarter of next year. Banta’s revenues are approximately $1.5 billion, and the sale price is $100 million higher than Cinveo’s bid. Release Philadelphia’s New Book Philadelphia will read Carlos Eire’s 2003 NBA winner WAITING FOR SNOW IN HAVANA: Confessions of a Cuban Boy next year, their fifth citywide reading selection. Inquirer Putting Together the Houghton Deal Sunday’s Times had a long piece offering […]
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Lunch for Tuesday, October 31
French Publishers Join Suit The French Publishers’ Association has officially joined in La Martiniere Group’s lawsuit against Google over their Book Search service, filed last June. They have the same objections to the program as publishers and authors in other countries, but then there is this added twist: “One of the issues at stake is the way Google presents the search results: They are shown graphically as a ragged-edged piece of paper, as if torn from a book. That angers the French publishers because it portrays their work as just one step away from the trash can, said Tessa Destais, […]
Lunch for Monday, October 30
Pearson Profits In a brief “trading update,” Pearson confirms that its fiscal third quarter has gone as projected, with sales rising and profits improving even more, driven by Pearson Education. As usual, Penguin earns itself praise for an “outstanding publishing performance” due to sales up 2 percent. Pearson King’s Favorite Readings Stephen King discusses how “audio perfects reading” in his Entertainment Weekly column, and recommends his 10 favorite audiobooks: 1. American Pastoral, Philip Roth (Read by Ron Silver) 2. Lonesome Dove, Larry McMurtry (Read by Wolfram Kandinsky) 3. The Harry Potter novels, J.K. Rowling (Read by Jim Dale) 4. That […]
Lunch Weekly for Monday, October 30
Deal Reports Just e-mail to deals@PublishersMarketplace if you aren’t using the online form linked below. Report a deal using the online form The Key As usual, the handy key to our Lunch deal categories. While all reports are always welcome, those that include a category will generally receive a higher listing when it comes time to put them all together. “nice deal” $1 – $49,000 “very nice deal” $50,000 – $99,000 “good deal” $100,000 – $250,000 “significant deal” $251,000 – $499,000 “major deal” $500,000 and up FICTION Debut CS Richardson’s THE END OF THE ALPHABET (formerly known as THE GRAND […]
Lunch for Friday, October 27
Personnel News and Appointments Diane Reverand is leaving St. Martin’s after four years there. Deputy managing director of Penguin UK Andrew Welham is leaving the company at Christmas, after “23 truly wonderful years.” At Da Capo, Kate Kazeniac has been promoted to associate director of publicity. Brand Republic reports that Harper has hired Agency.com to develop its website and make it “more integrated and consumer-focused,” as well as handling digital marketing for authors and titles. They add: “Harpers wants to develop interactive communities of authors and readers. It is also looking at how it can make content available through blogs, […]
Lunch for Thursday, October 26
Whiting Winners These ten writers have been recognized for “their extraordinary talent and promise” with $40,000 grants from the Whiting Foundation. Fiction writers Yiyun Li (A Thousand Years of Good Prayers) Charles D’Ambrosio (The Dead Fish Museum) Micheline Aharonian Marcom (The Daydreaming Boy) Nina Marie Martínez (¡Caramba! A Tale Told in Turns of the Card) Patrick O’Keeffe (The Hill Road) Poets Sherwin Bitsui (Shapeshift) Tyehimba Jess (leadbelly) Suji Kwock Kim (Notes from the Divided Country: Poems) Playwrights Stephen Adly Guirgis (The Little Flower of East Orange) Bruce Norris (The Pain and the Itch) Salute these Shorts The extremely short story […]