Following months of rumors of financial issues, Ellora’s Cave sent out an email earlier this week to their authors with the news that the romance publisher was going through a reorganization as a result of a financial setback.
According to the email, the cutbacks follow a drop in sales at Amazon: Continue reading
Simon & Schuster and HarperCollins have each released their latest financial report this week, and the news was generally good. Both publishers reported rising revenues, and HarperCollins revealed that ebook revenues were continuing to increase. Continue reading
Reports are coming in today that the deal to sell Perseus Books and split its publishing and distribution businesses between Hachette Livre and Ingram Content Group has fallen through.
Specific details have not been disclosed, but Publishers Lunch has learned that the deal is dead. Citing an email from Perseus CEO David Steinberger, they write: Continue reading
Late last week Publishers Weekly posted an article on the growing trend of indie bookstores expanding into publishing. Some are acquiring an Espresso Book Machine, but not all.
This article caught my eye both for the innovating booksellers and because their innovations were once quite common.
Here’s an excerpt: Continue reading
Last week US publishers demonstrated that old adage that insanity is doing the same thing over again and expecting a different result.
Publishers Weekly reports that the agency publishers which were part of the 2010 price fixing conspiracy and then settled the antitrust lawsuit out of court are once again objecting to the agreement between Apple and the DOJ. Continue reading
There’s a common misconception that the group which everyone calls the Big 6/5 US publishers are the largest publishers in the world. That’s simply not true, and as you can see in the list which PW released last week there are many publishers larger than the US publishers which get the most press. Continue reading
Amazon expanded their publishing empire today with the launch of 4 new Kindle Worlds.
The tech company announced today that they were opening up new opportunities for writers to contribute stories set in series created leading authors. Four romance authors are now inviting submissions from writers, including Barbara Freethy, Bella Andre, H.M. Ward, and Lucy Kevin. Continue reading
Last week I jokingly said that the 5 major US trade publishers were trying to acquire their way out of a decline in revenues, and darned if one didn’t prove me right today. Continue reading
In the midst of an ongoing contract dispute with Hachette here in the US, new rumors are circulating today that Amazon is pushing for similar changes to their contracts with UK book publishers.
Citing unnamed sources, The Bookseller reports: Continue reading
Dogged by reports of conflicts with authors, struggling digita- first publisher Samhain Publishing announced today that owner Christina Brashear is returning to the company and taking up the role of Publisher. Continue reading