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Publishers Weekly

Publishers Weekly October 5, 2020

Publishers Weekly magazine is the definitive professional resource covering every aspect of book publishing and book selling. Over 20,000 book and media professionals turn to Publishers Weekly each week for news and information. Publishers Weekly covers the creation, production, marketing and sale of the written word in book, audio, video and electronic formats.

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United States
PWxyz, LLC
7,56 €(sis. verot)
206,86 €(sis. verot)
51 Numerot

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1 min
the week in publishing

James Patterson is donating $2.5 million to assist teachers and students through his Patterson Partnership program with Scholastic Book Clubs. As part of the initiative, 5,000 teachers will each receive a grant of $500 each. Jamia Wilson, executive director and publisher of the Feminist Press, has been named v-p and executive editor at Random House, effective January 4. Beacon Press has raised its entrylevel salaries to $44,600 per year, an increase of $9,000. Press director Helene Atwan said the increase was done in part to attract more people of color who may not be interested in publishing because of low pay. Brian Napack, president and CEO of John Wiley & Sons, has been elected the new chairman of the Association of American Publishers. Napack, who had been vice-chairman since the beginning of 2020,…

6 min
a report from the field

Though Baker & Taylor has traditionally held its annual publisher summit in New York City, this year the event went virtual and was conducted as a Zoom webinar on September 17. During the program, executives from B&T and parent company Follett described how business has changed in the libraries they serve since early spring, when lockdowns led to a plunge in sales. According to Aman Kochar, executive v-p of B&T, the challenges for his company and its public library customers were manifold after the coronavirus crisis hit. “We had to decide whether to keep our service centers open or closed, and if we keep them open how we would do that in a way where the safety of our employees was the primary concern,” he said. A second consideration was how…

1 min
print units post double-digit gains at the end of september

With the juvenile and YA nonfiction categories both posting better than 32% gains, unit sales of print books rose 10.3% in the week ended Sept. 26, 2020, over the comparable week in 2019, at outlets that report to NPD BookScan. Unit sales rose 32.3% in juvenile nonfiction over the week ended Sept. 28, 2019. Two new titles helped boost sales: Superpowered by Renee Jain sold more than 11,000 copies in its first week, putting it in second place on the category list. Channel Kindness debuted in sixth place on the list, selling nearly 8,000 copies. In third place was Patricia Brennan Demuth’s Who Is Ruth Bader Ginsburg?, which sold more than 11,000 copies. Stamped by Jason Reynolds and Ibram X. Kendi was #1 in YA nonfiction, selling almost 8,000 copies.…

1 min
lower east side survivor: book club

Owned and operated by the husband-and-wife team of Nat Esten, a touring musician, and Erin Neary, a former marketing executive, Book Club is an indie bookstore and wine bar on New York City’s Lower East Side. The store opened in November 2019. Not the best timing, but the pandemic has forced the booksellers—who met at a book club, hence the store’s name—to be creative. They have lived on the LES for 10 years, Esten said, and the store has been embraced by the neighborhood. In the early days of the lockdown, customers shopped on the Book Club website and picked up their items at the store. Esten and Neary also praised Bookshop. The booksellers then started delivering online purchases by bike to customers all over the city, raising the store’s profile…

3 min
callaway’s $22,000 ‘sistine chapel’

More than 500 years after Michelangelo applied his paintbrush to the ceiling of the Sistine Chapel, Callaway Arts and Entertainment will publish The Sistine Chapel, an ambitous three-volume set that essentially places the reader alongside the Renaissance genius to view his masterwork. The oversize 24"× 17" volumes’ 822 pages are encased in silk covers in silver, gold, and platinum, and each weighs a healthy 20 lbs. The images in the books were captured with state-of-the-art gigapixel photography and color-matched against the originals with 99.4% accuracy, reproducing 1:1 scale renditions of Michelangelo’s frescoes as well as those of Botticelli, Perugino, Ghirlandaio, and other Renaissance artists in the Vatican City chapel. “It’s safe to say, without exaggeration, that it is both the definitive and ultimate book on the Sistine Chapel,” boasted Callaway founder…

1 min
industry stocks sank in third quarter

While the Dow Jones Industrial Average rose 7.6% in the quarter ended September 30, the PW Stock Index fell 6.1%. Educational Development Corp. continued to be the star performer in the publishing space, with its stock price up 73.4%. The company has posted solid results since April, and for the quarter ended August 31, EDC estimated revenues would be up 140%–150% over the same quarter a year ago. Barnes & Noble Education’s share price edged up 6.1% in an active quarter. In August, it said that, after reviewing the options, its board recommended that B&NE remain a standalone company rather than looking at other alternatives. In early September, it reported that results for the quarter ended August 1 fell due to widespread closures of its college bookstores during Covid-19 lockdowns. The…