Friday, December 06, 2013

Fixed Pricing Law Project Gets the Green Light in Québec - and other news

PW Daily

Nearly 16 months after the Québec publishing industry began its quest for fixed pricing on new titles, they finally got what they wanted...sort of. The Minister of Culture and Communications, Maka Kotto, announced that the Québec government would go ahead with a planned law, after the holidays, that would fix a 10% discount limit on new releases for the first nine months after publication. 
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Penguin Books Nabs French Bestseller
Penguin Books has acquired the French bestseller The Truth About the Harry Quebert Affair for an advance the imprint claims is the highest it has ever paid. Penguin declined to provide a specific figure for the advance, but the imprint touted the deal in a press release as its "biggest" acquisition to date. The novel, by author Joel Dicker is, as Penguin described, "a fast-paced, tightly plotted, cinematic literary thriller, and an ingenious book within a book." Penguin's trade paperback original is set for May 27, 2014. more »


Mangan Leaving Perseus for Hachette
Hachette Book Group has rounded out its executive team appointing Joe Mangan as executive v-p and chief operating officer starting February 3. Mangan has served in a similar role at Perseus Books Groups for the last 10 years. At HBG, Mangan will take over many of the responsibilities of Ken Michaels who left the house for Macmillan Science and Education in August. Perseus is promoting Charles Gallagher to replace Mangan. more »



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