David Falk will join Touchstone Fireside as associate publisher on July 15, reporting to Stacy Creamer. Falk has over twenty years of publishing experience, most recently as associate publisher, director of sales and marketing at the Overlook Press. Margaret Halton is returning to the agency side of the business after work on an interim basis as adult rights director for Pan Macmillan. She is joining Rogers, Coleridge and White part-time, providing maternity cover for Laurence Laluyaux, the Bookseller reports. Previously Halton was foreign rights director at ICM’s UK office. Stephen Pawley has retired from Evans Publishing after 25 years as […]
Bloomsbury's Next Purchase: Academic Publisher Tottel
Bloomsbury’s latest strategic acquisition is professional and academic publisher Tottel, based in the UK and Ireland, to be bought for 9.96 million pounds. They will rename the unit Bloomsbury Professional. In the fiscal year ending in February, Tottel had sales of 6.25 million pounds, operating profit of 0.93 million pounds, and EBITDA of 1.19 million pounds. The company says: “Bloomsbury has identified academic and professional publishing as a growing niche sector. The proposed acquisition of Tottel fulfils a strategic objective of Bloomsbury in pursuing opportunities in this market and follows from the acquisitions of Methuen, Berg Publishers, and The Arden […]
People
Riccardo Cavellero is leaving Random House’s Spanish-language joint venture Random House Mondadori after eights years as ceo at the end of this year. Next January he will become general manager of Mondadori’s trade-book business worldwide, based in Milan. Markus Dohle and Mondadori ceo Maurizio Costa write that “we are committed to appointing a new ceo who will build upon our strengths as print-book publishers and also will lead us to become the No. 1 Spanish-language digital-book publisher. Kate Travers has joined powerHouse Books as marketing director. Most recently she was strategic marketing director at the Literary Ventures Fund and marketing […]
Announcements
Puffin UK has launched a WeMakeStories.com web site “for children to create, print and share a variety of innovative story forms,” calling it their “biggest digital initiative for children to date.” It’s a paid site, charging £5.99/$9.99 for access to those tools. “Members will be able to create pop-up books, customize audiobooks, design their own comics, produce exciting treasure maps and learn how to create a variety of entertaining adventures.” FiledBy has added “pre-publication” web pages to help authors build promotional awareness in advance of the release of their books.Announcement
The Other Side of the Larsson Dispute–And No Fourth Book
While there are number of issues of contention between the late Stieg Larsson’s heirs (his father Erland and his brother Joakim) and his partner of thirty years Eva Gabrielsson, one matter has unfortunately been resolved. Joakim Larsson tells us “we have an agreement not to publish” the 200 pages of unfinished manuscript for a fourth book in The Girl… series. Eva Gedin, fiction publisher at Norstedts–which bought world rights to the first three books directly from the author–confirms her understanding that the Larssons and Gabrielsson “mutually decided that a fourth novel will not be published.” Joakim Larsson notes that he […]
Waterstone's Makes Year's Drop in Sales and Profits Sound Strong
Waterstone’s parent has updated the sparse sales statistics provided in late April with their “preliminary results” for the fiscal year. The basic numbers are the same (comp sales still fell 3.8 percent), though they add actual sales for the year–548.3 million pounds–and profits, at 10 million pounds down 38.5 percent from the previous year. The decline in earnings is attributed to “the sales decline, a 10 basis points reduction in gross margin due to the higher mix of online sales, and £2.0m of book hub start-up costs, partially offset by cost control measures, including bonus savings.” They also too “exceptional […]