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Mon, 15 Feb 2010 05:37
Each Monday, here on Editor's Corner, I run through the latest issue of the Bookseller magazine and pick out the bits and pieces of book industry news that catch my eye.
This quick round-up of book stuff is mainly culled from the Bookseller magazine (Friday February 12th issue):
- children's books, romantic fiction and crime/thrillers "have been the enduring staples of the nation's public library borrowing over the past decade... Prolific writer Jacqueline Wilson tops the league as the most borrowed author of the Noughties, clocking up over 16 million public library loans between 1999 and 2009..."
- thriller writer James Patterson "was the UK's most borrowed author for the third year running in 2008-09..."
- publishers "will offer a range of initiatives to independent booksellers including extra discounts, competitions, and seasonal events in a bid to keep the sector blooming after the demise of Borders..."
- National Book Tokens "has announced it will introduce a new terminal on which its new electronic gift cards (EGC) can operate with any bank..."
- publishing staff "are benefiting from a balmier climate in 2010 compared to last year's pay freezes, with recruitment agencies observing a 'most noticeable upturn' in salaries and hiring..."
- Bertelsmann "has given up Italian bookselling interests, with the sale of its one-half stake in the Mondolibri book club and the bol.it online bookstore..."
- Pan Macmillan "has reported a 7% growth of total sales across all markets to £66.6m for 2009 against 2008..."
- Hachette USA "has become the latest publisher to back agency pricing following Macmillan US' row with Amazon. [CEO] David Young said the move, which gives the retailer a cut of sales with the publisher setting the price, would 'reflect the value of our authors' works' although it would make less money in the model..."
- Penguin Group c.e.o. John Makinson has said "publishers need to 'keep a tight control of rights and a measure of authority over pricing' if they are to ride the tide of the digital revolution..."
- Random House imprint "Harvill Secker will release limited editions of books by J M Coetzee, Haruki Murakami and Giuseppe Tomasi di Lampedusa as part of its centenary celebrations..."
Posted by Mark
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