TwilightSaga

Book Publisher Macmillan Launches New Film and TV Division

Macmillan isn't the first major publishing house to jump into the film and TV waters, but with today's launch of Macmillan Films, it is the latest. Brendan Deneen, a former development executive and literary agent, will run the venture to take Macmillan's books to both the big and small screens.

Random House, Hachette Cash In on Bestsellers

Two of the largest publishing houses -- Random House and Hachette -- have demonstrated again that when authors like Stephenie Meyer or Stieg Larsson become big phenomenons, big sales -- and big profits -- are the result. But when a phenomenon starts to wane, red ink can start creeping into the black.