It's been a pretty good year for publishers. Bertelsmann revenues were the highest for seven years, although admittedly its profits were down and the acquisition of Penguin is part of the mix. Read more
It's a sign of the times that previously unknown British author E L James has topped the New York Times bestseller list with an erotic romance, Fifty Shades of Grey. Read more
This week's there's an interesting story from the US about writer Kate Alcott, whose first novel The Dressmaker has just sold 35,000 copies in hardback and been sold for translation in five countries. It seems explicable in terms of the subject-matter because The Dressmaker is about a seamstress who goes on board the Titanic as a lady's maid, is wooed by two men from Read more
The staggering number of 285,000 new titles and editions were self-published and published by community presses in the US last year, balanced against a slightly lower figure of 275,000 coming from traditional publishing houses. Read more
So how does the world look as we venture forth into the new decade? This week we'll look at the US and next week at the UK publishing worlds in an attempt to assess how the turmoil in the book trade is affecting writers.
This weekend the Javits Center in New York has been thronged with the thousands of people attending BookExpo, the biggest annual book show in North America. It's clear from the coverage that a mass of interesting author events and the usual promotional round are making this BookExpo seem as busy as ever, and attendance figures are only slightly down. Read more
How is the economic slowdown affecting books? We've managed to stay off the subject of the recession for over two months, so now is the time to have another look at how it is affecting the book business. Read more
No sooner had the dust settled on Bertlesmann's surprise appointment of German print supremo Markus Dohle to succeed Peter Olson as CEO of Random House US, than another unexpected change hit the American publishing world. Jane Friedman, the successful and popular head of HarperCollins, also announced her immediate departure. Read more
In News Review of 5 Novemberwe noted the beginning of the Writers' Guild strike in the US. Since then there have been occasional stories in the media about tv companies being forced to put out a diet of reruns and American audiences deserting their tv screens. Read more
'I was trained by poetry where you can just write ambience and atmosphere. But in a novel, if there's not a story that people are interested in, with characters that they care about, they'll close the book.'
In the third in a series on the implications of AI for publishing, Nadim Sadek argues that effective advertising is now feasible for everyone, and for all kinds of titles
A publishing friend of mine recently told me about a sales report they'd received from a major retailer in which some of their books had zero sales. It turned out that there had been plenty of sales, however-they just all went to counterfeiters. In case you think this is an outlier, it's not. Counterfeiting is a serious, nontrivial problem facing the industry.
If you read the recently unsealed materials from the federal antitrust lawsuit against Amazon, you'll see why the company wanted to keep them under wraps. According to the unredacted notes from one meeting, Jeff Bezos directed his team to stuff more ads into search results, even if it meant accepting more ads internally categorized as irrelevant to what users were looking for. Read more
The U.K. Publishers Association (PA) was established in 1896 and is a cornerstone of the British publishing industry, working with a diverse array of companies to promote innovation, collaboration, and commercial success. Read more
With English as a shared language, there is a natural relationship between the American and British publishing industries. Most of the world's top publishing companies, be they conglomerates or independent publishers, have operations in each country, typically in New York City and London. Literary traffic travels both ways across the Atlantic.
The UK is experiencing a boom in book clubs, according to new data from event listing companies.
Book club listings on the ticketing site Eventbrite increased by 350% between 2019 and 2023 - a "much stronger" growth than the overall increase in UK-based listings over the same period. Between 2022 and 2023 alone, book club listings on the site rose by 41%. Read more
"We don't understand the consequences of AI with regards to copyright," Brazil's Karine Gonçalves Pansa, president of the International Publishers Association (IPA), said, when asked to name the most important issues facing publishing right now. "We can say, very easily, that our content is being used, without permission, and without license, by AI."