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September 26, 2007By Michael Cader

Lunch for Wednesday, September 26

September 26, 2007By Michael Cader

Watching the Numbers Nielsen Bookscan figures updated today show opening week sales of over 128,000 copies in the outlets they track for Alan Greenspan’s THE AGE OF TURBULENCE. In its first full week on sale, IF I DID IT moved almost 33,000 copies according to Nielsen (following the sale of 10,000 copies in the first few days the prior week). Bill Clinton’s GIVING has fallen off to just over 19,000 copies for the week, with sales of slightly more than 100,000 copies overall so far. Knopf spokesman Paul Bogaards remarked that “when the president is out there talking about the […]

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September 25, 2007By Michael Cader

Lunch for Tuesday, September 25

September 25, 2007By Michael Cader

This Week’s Unsung Big Book It doesn’t make a lot of “fall preview” lists, but today’s launch of Prima Games’ trade paperback HALO 3: The Official Guide is likely to register an impressive first-day sale as the final installment of the video game goes on sale. Called “the most anticipated game in history,” the game has already logged over 1 million pre-orders and is expected to sell 4 million units in the first 60 days. Prima’s tie-in to the release of Halo 2 in 2004 sold 270,000 copies in its first day on sale, over 600,000 copies in the first […]

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September 24, 2007By Michael Cader

Lunch for Monday, September 24

September 24, 2007By Michael Cader

NBF’s 5 Under 35 The National Book Foundation announced their first “5 Under 35” honorees — “selected by a previous National Book Award Finalist or Winner as someone whose work is particularly promising and exciting and is among the best of a new generation of writers”: Kirstin Allio, author of Garner (Coffee House Press, 2005) Dinaw Mengestu, The Beautiful Things that Heaven Bears (Riverhead Books, 2007) Asali Solomon, Get Down: Stories (Farrar, Straus and Giroux, 2006) Anya Ulinich, Petropolis (Viking Press, 2007) Charles Yu, Third Class Superhero (Harcourt, 2006) Another One For Vintage As usual, we don’t know which book […]

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September 23, 2007By Michael Cader

Lunch Weekly for Monday, September 24

September 23, 2007By Michael Cader

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 Adaobi Tricia Nwaubani’s I DO NOT COME TO YOU BY CHANCE, […]

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September 21, 2007By Michael Cader

Lunch for Friday, September 21

September 21, 2007By Michael Cader

Borders Doesn’t Get Much for UK Stores Borders agreed to sell their stores in the UK and Ireland to private equity group Risk Capital Partners’ new subsidiary Bookshop Acquisitions for a paltry 10 million pounds in cash. There is another 10 million pounds of “deferred cash consideration, contingent on the future performance of the business” on the table, and Borders will keep a stake of approximately 17 percent in the new company. They told investors they will take an after-tax loss of “approximately $115 million with minimal tax benefit” in their third quarter. Current Borders UK top executive David Roche […]

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September 20, 2007By Michael Cader

Lunch for Thursday, September 20

September 20, 2007By Michael Cader

Loss Narrows at Scholastic, As HP Does $240 Million Sales at Scholastic reached $587 million in their Potter-powered fiscal first quarter and the company’s traditional loss was narrowed to $2.8 million (compared to $46.9 million a year ago). The children’s book publishing and distribution comprised $342 million of sales, with overall Harry Potter revenue reaching $240 million. (Last year Potter contributed $5 million in the same period.) That dramatic sales change still yielded just $2.7 million in profit, though a year ago the division lost $67.3 million in the same period. (The school book clubs and fairs typically “generate minimal […]

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