Saturday, February 28, 2015

The Roundup with PW including Pearson Earns £69M in 2014 from Penguin Random Stake

Pearson Earns £69M in 2014 from Penguin Random Stake
Pearson reported 2014 earnings of £69 million, after taxes, from its 47% stake in Penguin Random House. For the year Pearson reported total revenues of £4.8 billion and operating earnings of £720 million. more »

Coram Williams Named Pearson CFO
Coram Williams, global and U.S. CFO of Penguin Random House, has been promoted to CFO of PRH parent company Pearson, effective July 1. more »

'Red Queen': A Bestseller Is Crowned
As followers of her blog and social media accounts know, author Victoria Aveyard doesn't like to waste time. And her career has taken off like a shot, beginning with her YA debut, that launched a dystopian trilogy featuring a teen heroine who can control lightning. more » »
Bookselling Roundup, Week Ending February 27, 2015
There was lots of good news for indies this week, from an increase in membership at the ABA, to the re-opening of Bonnie Slotnik Cookbook’s in New York City’s East Village. more » »

B&N Stock Soars: Barnes & Noble stock closed up nearly 7% Thursday following news that the 658-store book chain was going to keep its embattled Nook e-reader rather than spin it off.

Amazon Hires Jay Carney: The former press secretary to President Obama is joining Amazon as senior v-p for global corporate affairs, a new position, the retailer said Thursday.

New Bill Bryson Coming: Bill Bryson’s first travel book in 15 years will be published by Transworld in the U.K. in autumn.

The Few, the Proud, the Independent: Contending first with the chains and more recently with Amazon, independent booksellers find survival tough but not impossible and lately new stores are thriving.

Connecticut Town Pursues Sendak Museum: Three years after Maurice Sendak's death, his western Connecticut hometown of Ridgefield is pursuing a museum honoring the author of 'Where the Wild Things Are.'

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