Publishing houses

HarperCollins, which laid off a "small number" of workers last fall, is taking more drastic steps to reduce its workforce, and plans to cut 5% of its employees in North America by the end of the current fiscal year, which ends June 30. Some jobs were eliminated today.

We've previously explored what I called "the end of the trade publishing concept", which stems from the now wide-open opportunity to publish available to anybody with a computer and something to deliver as a book. It feels like we may have reached a new benchmark: admittedly a very fuzzy one.  Read more

After a three-year hiatus caused by the pandemic, PW's annual salary and jobs survey is back, albeit later in the year than usual. This year's survey gathers data on 2021 and includes many standard questions, while also looking at how the pandemic has impacted certain publishing practices.

Publishing Perspectives Forum was opened with the first entry in our Executive Talk series, featuring HarperCollins UK CEO Charlie Redmayne. As he'd confirm for our audience, Redmayne led his company to a record year in 2021.  Read more

With the deadline to appeal Judge Florence Pan's October 31 decision closing in, reports from multiple media sources say that Simon & Schuster parent company Paramount Global has decided not to extend its purchase agreement, putting the sale to Penguin Random House close to collapse.  Read more