The Week in Publishing
Educational Development Corp. reported a 30% decline in sales in the fiscal year ended February 28, after revenue hit a record high of $204.6 million in the prior fiscal year. Net earnings declined 34.1%, to $8.3 million. Atlantic Editions is a new a book imprint developed by the Atlantic magazine in partnership with independent publisher Zando. Its first titles, penned by Atlantic writers, will appear in January 2023. Random HouseWorlds is a new imprint that will be home to all of Random House’s adult licensed titles starting in 2023. The dedicated division will be under the direction of Keith Clayton, v-p, deputy publisher of Del Rey, who will also serve as publishing director of Random House Worlds. Andy Ventris, director of the London Book Fair, will step down this summer. Ventris was appointed…