Penguin Random House has announced a new “evolved” global corporate logo (left), featuring the Penguin icon. CEO Nihar Malaviya said, “Brands matter today more than ever, and while our authors and imprints will always be at the heart of our business, the Penguin Random House brand and our mission to create books for everyone are what inspire and unite us. The stronger our brand, the more deeply we can connect with our readers.”
People 7/24
Distribution: Perfect Bound Partners with S&S
Printing startup Perfect Bound has partnered with Simon & Schuster Client Services to offer distribution for independent publishers. S&S will provide sales, warehousing, fulfillment, and billing services beginning in early fall 2024, for distribution starting with the fall 2025 season. Perfect Bound clients can apply for distribution services on their website, which outlines the terms and fees of the deal. The company notes that “there are no size or revenue requirements to apply for distribution.” “We are thrilled to be partnering with Simon & Schuster to open up global distribution to more independent publishers of all sizes,” Perfect Bound and […]
People 7/23
Lagardere Publishing Has Strong Second Quarter, Record First-Half Earnings
Lagardere Publishing reported a strong second quarter on Tuesday afternoon, with sales of €733 million, up €56 million from a year ago, or 8.3 percent higher. For the first half of the year, sales were €1.309 billion (up €62 million), with recurring EBIT of €113 million, up a significant €48 million from the same period a year ago, a new high for the first half of the year — though traditionally they record most of their profits in the second half. Earnings were “driven by growth in the United Kingdom and the United States, a favorable sales mix in physical […]
New Books Publishing July 23
This week’s fiction releases include fantasies by Nalini Singh and Keanu Reeves and China Miéville, plus adult debuts from M. T. Anderson and Jennifer Mathieu. Mikita Brottman and Shalom Auslander publish new nonfiction. Also out this week is Nicholas Belardes’s THE DEADING, excerpted in our Buzz Books 2024: Spring/Summer sampler. 20 works of fiction https://bookshop.org/lists/new-fiction-publishing-july-23 6 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-july-23 From Buzz Books https://buzz.publishersmarketplace.com/ We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming months on Bookshop. Check out […]