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Reed Business Information is putting Publishers Weekly and its affiliated publications, Library Journal and School Library Journal, up for sale. The sale of the group is part of RBI’s strategy to divest most of its trade magazines in the U.S. Last year, Reed Elsevier, parent company of RBI, tried to sell all of RBI but dropped the sale when it couldn’t get the price it wanted in a depressed market for media properties.
In a related announcement, Tad Smith, CEO of RBI US, has resigned. John Poulin has been named acting CEO and he will head the sales process.
Who wants to buy some professional journals...Blake?
Advance registration for the webinar scheduled Wednesday, July 29, 2 pm ET Time – 60 minutes.
The webinar is being promoted for publishers, but hey, why shouldn't librarians attend too...sponsors are Google (of course), AAP and PW.
Here's Google's blurb about it:
"In a webinar first, the leaders involved with the crafting of the Google Library Project Settlement will share with the publishing industry the benefits of the agreement for publishers and authors. If approved by the Court in October, the agreement will create one of the most far-reaching intellectual, cultural, and commercial platforms for access to digital books for the reading public, while granting publishers unprecedented opportunities and protections. Presented in collaboration with Google, The Association of American Publishers, and Publishers Weekly, the web session is a must-attend event for publishers everywhere."
Dan Brown’s fans have waited six long years for "The Lost Symbol",
his follow-up to the megablockbuster novel “The Da Vinci Code” that is being published in hardcover on Sept. 15.
Will those who want to read it in e-book form wait a little longer?
It is a question that Mr. Brown’s publisher, the Knopf Doubleday Publishing Group, is weighing as it plans the rollout of what it hopes will be a book-selling sensation. The publisher has announced a first hardcover run of five million copies, but Suzanne Herz, a spokeswoman for Knopf Doubleday, said the publisher had not decided when to release an electronic version.
Article looks at how publishers are timing the release of their ebook editions so they don't cannibalize hardcover sales.
More on digitization etc.
"Bits of destruction" is a phrase Fred Wilson uses to describe the destructive part of "creative destruction" brought on by digitization. We hear a lot about the destruction wrought on the newspaper business. A more interesting and nuanced wave is now hitting the book publishing business. Actually, it is three waves: the digitization of back catalogs, e-books, and print on demand. However this plays out, a lot of people will be affected, but the way in which it will play out is not at all obvious.
His blog discusses 'the dragon' Amazon.com, POD, acceptance of e-books and how these and other technologies relate to the state of the industry.
Thanks to Peter Scott for the tip.
Blog post by Mike Shatzkin, publishing industry consulatant:
I did a panel yesterday at NYU as part of the summer publishing program on “New Visions” for publishing. The group was put together by Leslie Schnur. I shared the stage with four very articulate co-presenters who gave very diverse views of the future. Our audience was a full room of about 50-100 (I wasn’t counting; I didn’t know I’d be writing this piece) very attentive 20-somethings with a serious interest in publishing.
Blog post continued here.
If information isn't online, it may as well not exist. In the latest sign that the world of traditional print has become a world of hurt, the American Chemical Society is reported to be planning to switch to an online-only publishing model for its journals.
Interesting sounding book just out: This Is Your Country on Drugs: The Secret History of Getting High in America by Ryan Grim (Wiley, $24.95, 0470167394/9780470167397, June 29, 2009).
Book review by Debra Ginsberg from Shelf-Awareness who calls it "a truly compelling and enlightening read."
NEWS FLASH! from Publishers Weekly.
He submitted it anonymously.
But then HC found out the author of the Y.A. novel "I Am Number Four" was James Frey, the notorious author of “A Million Little Pieces”. Do you think that helped him get the contract?
What happens to a book published posthumously? It seems a life can be written, edited, rewritten and reedited long after the author's death.
This is what's transpiring with Hemingway's posthumous memoir of his early days in Paris, “A Moveable Feast." Along with portraits of other famous ex-pats (F. Scott Fitzgerald and Gertrude Stein), it provides a heart-wrenching depiction of marital betrayal.
Much married, Hemingway's fourth and final wife Mary was the one who edited the first edition of “A Moveable Feast,” published by Scribner in 1964 (she became his widow upon the authors death in July 1961). She created a final chapter that dealt with the dissolution of Hemingway’s first marriage to Hadley and the beginning of his relationship with his second wife, Pauline, building some of it from parts of the book he had indicated he did not want included.
Early next month, Scribner, now an imprint of Simon & Schuster, is publishing a new edition of the book, what it is calling “the restored edition,” and this time it is edited by Seán Hemingway, a grandson of Hemingway and Pauline. Among the changes he has made is removing part of that final chapter from the main body of the book and placing it in an appendix, adding back passages from Hemingway’s manuscript that Seán believes paint his grandmother in a more sympathetic light. -- Read More