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Mon, 25 Jan 2010 09:06
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 January 22 issue):
- Hachette UK "has achieved its biggest ever market share, closing 2009 with 16.4% of the country's book sales, shrugging off a tough 12 months in which seven of the top 10 publishers saw sales decline"
- the Independent Alliance "celebrated its own record for 2009, climbing above Pan Macmillan to become the fifth largest publisher in the country. While seven of the top 10 single publishers saw sales decline, the alliance -- comprising Faber, Canongate, Quercus, Icon, Walker, Profile and their respective imprints -- has continued to grow"
- independent publisher Legend Press "is launching a new imprint entitled Legend Business, with the plan to build a 'wide-ranging, interactive and dynamic list of business titles'"
- academic publishers "have said a surge in university applicants and jobseekers looking to retrain duruing the recession have led to a strong 2009"
- independent booksellers "will be honoured at the inaugural Bookseller Industry Awards with five regional awards, which will feed into the overall award for Independent Bookseller of the Year"
- publishers, authors and agents "are starkly divided on the revised Google Book Settlement, as its opt-out deadline of 28th January looms. The settlement allows US users to search more than seven million titles with an option to buy"
- publishers "are expecting 2010 to be a 'tipping point' for e-books, as rumours of a possible launch for Apple's new multimedia device increase"
- publishers "have welcomed proposals to cut charges claimed by 'no-won, no-fee' lawyers in successful libel cases, but warned this change alone would be just cosmetic." Simon Flynn, m.d. of Icon Books, said: "This is definitely good news, but it's not tackling fundamental issues"
- Time Out founder and chairman Tony Elliott "is to put £3m into the company in an attempt to cover losses of the same amount made during 2008 and keep the company running as a 'going concern'"
- Bertrams "had 'good trading' over the Christmas period... [parent company] Smith News sales increased by 52.1% from 19th September to 9th January. On a like for like basis, sales fell 2.1%, which Smith News said: 'compares favourably with the trends experienced in the preceding year and indicates an underlying improvement in the market'"
Posted by Mark
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