Wednesday, February 12, 2014

Book trade news in brief from PW

THE ROUNDUP

Rowling Backtracks on Potter Heresy : Traumatized Harry Potter fans distraught at the aspersions J.K. Rowling cast on the viability of Ron and Hermione's marriage can relax: the novelist actually believes the pair "will be alright with a bit of counseling".

A Mutable Feast : A batch of Hemingway ephemera from Cuba has been digitized.

Impatience Rewarded : Some publishers are releasing new works by a single author at quick pace for binge-readers.

Stunning Victorian Book Covers : Here’s a reminder of things your Kindle will never, ever do.


Giffords to Write Book on Gun Control : Former U.S. Rep. Gabrielle Giffords is working on a book about gun control. The Arizona Democrat and her husband, the retired Navy captain and astronaut Mark Kelly, are collaborating on “Enough: Our Fight to Keep America Safe from Gun Violence,” to be published by Scribner in June. 

Margolis Leaving HC; Will Start New Venture
Esther Margolis, who joined HarperCollins when her indie house Newmarket Press was acquired by the Big Five publisher, is launching a new venture. Margolis will be leaving HarperCollins this month and will start a new company that will "agent, package, and consult on fiction and nonfiction books, publishing, marketing and cross-media strategies, especially in the film and entertainment area."
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2013 Sales at HBG Rose 6%
Driven by a solid fourth quarter and good sales for the year in the U.S., Lagardere reported sales of 2.07 billion euros in its publishing division for 2013, down from 2.08 billion in 2012; excluding the impact of foreign currency fluctuations, total sales rose 1.9%. At Hachette Book Group, 2013 revenue was up 6% in the year led by a strong lineup of titles. E-book sales also did well in the U.S., up 33% in the year largely due to strong sales of bestsellers. At the end of 2013, digital sales accounted for 33% of HBG revenue compared to 26% in 2012.

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