RH Buys Monacelli This morning Random House announced the acquisition earlier this month of visual arts book publisher The Monacelli Press. Founded in 1994, Monacelli has published over 250 books on architecture, the fine arts, interior design, landscape architecture, photography, and graphic design. Monacelli will be an independent imprint within Random House, separate from the company’s other divisions, run by publisher and founder Gianfranco Monacelli. The staff will relocate to Random’s Manhattan headquarters, and the company will take over sales and distribution from Penguin as of July 1. Monacelli will report to RH deputy chairman Edward Volini, who says in […]
Lunch Weekly for Monday, February 25
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 Horror Alex Bledsoe’s BLOOD GROOVE, the first book in a new series […]
Lunch for Friday, February 22
Rodale Reports, Without Reporting Privately-held Rodale put out a press release celebrating all of the various percentage gains the company made in fiscal 2007 without actually sharing any of the numbers and comparisons that a publicly-held company would provide. The local paper in Allentown does put full-year revenues at $632 million, and the company says total sales were up 7.8 percent for the year. Books are among the categories that “exceeded our goals.” Release Amazon and Fox Move Ahead on Book-to-Film Project Amazon’s first film development project, based on Keith Donahue’s THE STOLEN CHILD, is moving forward at Fox with […]
Lunch for Thursday, February 21
Reed to Sell Business Information Unit Reed Elsevier announced their intention to sell off Reed Business Information, their trade magazine division that includes Variety and PW. CEO Crispin Davis says “its advertising revenue model and the inherent cyclicality fit less well with the subscription-based information and workflow solutions focus of Reed Elsevier’s strategy.” He also said “broadly, print publishing is flat while online is growing at around 11 percent a year.” Reed Exhibitions — currently a division of the RBI, which operates BEA and the London Book Fair — will be retained by the company. While the company timed their […]
Lunch for Wednesday, February 20
E-Mail Tips The service that sends much of our mail has had technical problems — hence yesterday’s late meal yesterday. And today we are sending via the PublishersMarketplace server to get the mail through. We hope the problems will be resolved quickly, but in the meantime here are some tips that are always useful with mail issues: — Lunch Deluxe is posted to PublishersMarketplace.com as soon as it’s ready, and archived there as well. You can always read Lunch through the site, no matter what e-mail issues you might be having. (Some members are on the site every day; some […]
Lunch for Tuesday, February 19
Over 1.1 Million Orman Free Downloads The Oprah Winfrey Show said in a statement over the weekend that they provided over 1.1 million free downloads of Suze Orman’s book in the short period that it was available. Orman says in the release: “I believe WOMEN & MONEY is the most important book I’ve ever written. So this was not about getting people to buy the book, but getting them to read it, and that was the intention behind this offer.” AP Editorial Cuts at HMH As part of the integration of Harcourt Trade and Houghton Mifflin, editors Jane Rosenman, Anton […]