RT @ShelfAwareness The American Booksellers Association and regional booksellers associations are providing help and guidance to independent booksellers following Baker & Taylor’s announcement last week that it will cease selling to indie bookstores.
In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies.
A report for investors issued by McGraw-Hill has said that $285-$370m in annual cost savings over three years has been identified across McGraw-Hill and Cengage, when they form a combined company, with 65%-67% of that sum made up of “labour savings.”
Via @publisherswkly Led by sales of the graphic novel format, total sales of graphic novels and periodical comics in the U.S. and Canada were approximately $1.09 billion in 2018, according to a joint estimate by trade news sites ICv2 and Comichron.
HT @jbakernyc After several years without a bookstore, when Barnes and Noble left The Bronx and nearly 1.5 million residents stranded without a place to satisfy their literary needs and desires in 2016, the Bronx is set to get a second book store. The news comes after the much anticipated opening of The Lit. Bar last month in Port Morris when our borough once again got a book store.
ICYMI If we’ve learned nothing else from history, it’s that there’s no escaping it, and that moving on from it requires some honesty and truth telling…. In tumultuous times, novels tend to look forward to a dystopian future, but authors are increasingly writing about the past.
RT @pkafka Here, again, with context: Disney has written off its entire stake in Vice — the $400 million it put in directly, plus its A&E stake, its Fox stake, etc. All gone. A now-familiar story: Investors say they overvalued a high-flying digital publisher.
Special offer to the readers of this newsletter and your friends for this awesome night of Women Authors of Comedy in NYC 5/15 to raise funds for Women’s Media Group’s Fellowship/Scholarships – go to www.womensmediagroup.org and pick VIP Guest for $65 (the member price). Use code VIP10OFF. Hope to see you there!
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