Pearson filed their annual 20-F report with the SEC last week, which includes an extensive set of financial statements for the Penguin Random House venture. Those financials are actually more detailed in some ways than what Bertelsmann releases, and give us additional insight into some important aspects of the company’s performance. Most significantly, Pearson details…
Briefs: Dykstra Sues Over Darling Book, Bertelsmann Restructures Printing Group
Legal Former NY Mets player Lenny Dykstra has sued Ron Darling, his former teammate, as well as his publisher St. Martin’s in New York Supreme Court for defamation and intentional infliction of emotional distress. At issue is a passage in the just-published 108 Stitches: Loose Threads, Ripping Yarns, and the Darndest Characters from My Time…
People, Etc.
At McGraw-Hill, Donya Dickerson has been promoted to associate publisher of the business group, and Amy Li has been promoted to associate editor of the business group. Kate Meltzer has joined Roaring Brook Press as editor. She was formerly an editor at Penguin Children’s. Kirk Benshoff has joined First Second Books as art director. Previously,…
People, Etc.
Michael Gentile has been promoted to vice president, education sales and marketing, Penguin Random House, expanding his role to include oversight of education sales across all children’s and adult divisions. On the children’s side, he will report to to Felicia Frazier, senior vice president, children’s and education sales, and on the adult side to Kim…
Audible to Settle Lawsuit with Up to 12 Million Free Audiobooks
Audible could issue as many as 12 million free audiobooks and reimburse up to 8.4 million customers for overdraft fees to fulfill the settlement terms of two recent class action lawsuits. The plaintiffs in Grant McKee et al. v. Audible, Inc. and Eric Weber and Bryan Rees v. Amazon.com, Inc., and Amazon Services LLC claim that Audible…
People, Etc.: Naples to Lead Hachette Books, and More
Mary Ann Naples will join Hachette Books as vice president and publisher and “will oversee its growth as a major commercial nonfiction imprint,” along with overseeing the “ongoing integration” of the Hachette Books imprint with Da Capo Press and Lifelong. She was vice president and publisher at the Disney Book Group. (Naples’ second job in…