publishing

Financial Crisis Commission Scrambles for a Publisher

The Financial Crisis Inquiry Commission had planned to publish its findings in book form with Little, Brown. But the unusual deal between the two, which involved an advance payment from the publisher, has fallen apart, and PublicAffairs Books has stepped in as the new publisher.

News Corp. Buries HarperCollins' Earnings

Why did News Corp bury the earnings results of its book publishing unit HarperCollins? Does the media giant view the publisher as merely an afterthought -- or could Rupert Murdoch be contemplating a sale?

The (Paltry) Economics of Being a Novelist

Veteran novelist Catherine Ryan Hyde (Pay It Forward and 15 other books) describes the monetary underpinnings of the novelist's business. Did you know that authors generally get just two royalty checks a year? That is, if there are any royalties at all.

Borders' New 'Low Price Promise' Fades in the Fine Print

Borders, the nation's second-largest bookstore chain, has struggled for years due to competition from both fellow bricks-and-mortar outlets and online booksellers. It's latest move to combat that is an offer to match the competition's prices -- but the program's limits doom it failure.

Musicians' Tell-Alls Give Book Publishers a Boost

Publishers have been eager to sign famous people to book deals. And if you're a musician, such as Rolling Stone Keith Richards, ready and willing to reveal a great deal about yourself, the chances are very good those deals will pay off handsomely.

Digital Reading Finds a New Home at Walmart

Will there be e-reader price wars at Walmart just in time for the holidays? The retail giant has announced it is adding the Nook and Kobo electronic readers to its designated e-reader section. The stores already carry the iPad and Sony's various Editions.

'Penthouse' Founder Bob Guccione Dies at 79

Bob Guccione, the founder of Penthouse magazine, died Wednesday at the age of 79. Guccione died at Plano Specialty Hospital after a long battle with cancer, The Associated Press said.

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.

Yes, Tablet Users Really Are Reading More

Publishers talk about the Apple iPad and Amazon Kindle and other tablet devices as their salvation. Now, new consumer research suggests that view may be grounded in reality: Tablet users are reading more -- and are reconciled to paying.

Borders Will Pop Up Temporary Shops for the Holidays

Borders, the nation's second-largest book retailer, is trying a new tactic to gain a much-needed sales boost heading into the end of year shopping season: It's opening 25 "pop-up" shops meant to last only for the holidays, the company announced Tuesday.

Will Amazon Start Charging to 'Look Inside' Books?

One of the key innovations Amazon implemented on its way to becoming the nation's largest online book retailer was to allow its customers to preview snippets of books. Now, a new patent granted to the online giant suggests they may want to start charging customers for the privilege.

Barnes & Noble Stock Gets Downgraded as Proxy Battle Looms

With less than two weeks to go in the bitter proxy contest between Barnes & Noble founder Leonard Riggio and billionaire Ron Burkle, one key analyst has changed his outlook on the company's stock for the worse and a leading proxy advisory firm has sided with the Riggio camp.

Tony Blair Stirs Big Sales -- and Big Controversy

Despite -- or probably partly because of -- a considerable public outcry, Tony Blair's memoir is doing brisk business on both sides of the Atlantic. Will George W. Bush find similar success later this fall?

More Bad News for Borders With 2Q Earnings

For the quarter ending July 31, overall sales dropped 11.5% from a year ago to $526 million, continuing a downward spiral that's seen revenues over this time decline year-on-year from $945 million in 2007 to $749 million in 2008 to $617 million in 2009.

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.

Borders Drops e-Reader Prices, Gets Bears

Faced with tumbling book sales, Border's, the country's 2nd largest bookstore chain, will begin selling stuffed animal kits from Build-A-Bear Workshop in its stores. It also plans to cut prices of its e-reading devices.

Barnes & Noble Kicks Off Proxy Fight With Burkle

Barnes & Noble's board has sent a letter to shareholders urging them to vote to rebuff investor Ron Burkle's battle to control the bookseller. The letter is part of annual-meeting materials B&N mailed to shareholders, formally launching its proxy battle.

Comedian Betty White Lands Book Deal

Showbiz veteran Betty White has been cresting quite the popularity wave lately. After work on TV shows like The Golden Girls, hilarious Super Bowl ads and a guest-hosting stint on Saturday Night Live, she has landed a two-book deal with Penguin.

The Justin Bieber Effect Reaches Books and Film

No matter how you feel about the YouTube-launched sixteen-year-old pop sensation Justin Bieber (and if you are older than 30, we can probably guess your feelings on the subject), there's no denying that he's an entertainment industry juggernaut. Why, just this past Monday came news of not one, but two major deals.

Amazon's New Kindles Sell Out in Five Days

If you're were thinking of ordering one of Amazon's brand-new Kindle e-readers, get in line. Just five days after announcing the new Kindle 3G Kindle WiFi models, both devices are sold out, and anyone who pre-orders now won't get one until Sept. 4, a week after the original ship date.

Penguin and Pearson See Profits More Than Double

Book publisher Penguin has had a very good year so far in 2010, according to its breakout numbers from parent company Pearson's most recent sales report. Sales at Penguin for the period ending June 30 rose 9%, while operating profit more than doubled compared to a year ago.