Publishers Weekly November 1, 2021

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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51 Numéros

dans ce numéro

1 min
foreword by kenny loggins

Ok … So it’s 1991 … I recall taking Julia shopping for clothes when we were first together. She’s trying on clothes, looking at herself modeling a designer dress, staring glassy-eyed into the full-length mirror, and suddenly she starts crying. Weeping! I had no clue why. To me, in that moment, she was simply a pretty girl in the wrong dress. I didn’t understand it then, but I would eventually learn that she just couldn’t be objective when it came to assessing her look. Her inner critic was so angry, so loud, she couldn’t hear me tell her how beautiful she actually was. “This looks good on me,” just wasn’t in her vocabulary. I saw early in our love affair that Jules was actually a stunning beauty in disguise. When she would…

2 min
the week in publishing

Mitzi Angel, currently senior v-p and publisher of Farrar, Straus and Giroux, will succeed Jonathan Galassi as president of the imprint on January 1. She will report to Macmillan Publishers president Jon Yaged. Angel will remain publisher, and Galassi will move into the newly created role of chairman and executive editor of FSG. U.S. rights to Afterlives, the latest novel by Nobel Prize winner Abdulrazak Gurnah, have been acquired by Riverhead, as have rights to two backlist titles, By the Sea and Desertion, that had been out-of-print. Jessica Mosher has been appointed president, publisher, and CEO at the University of Toronto Press effective November 1, succeeding John Yates. Hachette Book Group’s third-quarter sales fell 9% compared to 2020, contributing to a 1.2% decline in overall sales at Lagardère’s publishing division. Total revenue for…

5 min
reimagining bookstores

Earlier this month, Praveen Madan, CEO of Kepler’s Books in Menlo Park, Calif., delivered a dire series of observations to the attendees of Reimagining Bookstores, an online gathering of nearly 600 booksellers and publishing professionals. Independent bookstores face multiple crises that threaten their existence, Madan said, ranging from declining literacy to unsustainably low employee wages that he characterized as “institutional poverty.” Then, before sending attendees into one of the most invigorating gatherings on independent bookselling in a generation, he offered warm encouragement: “Let’s have some fun. Let’s have some energizing conversation. Let’s go create some change.” Madan’s balancing act of pragmatism and optimism is what led him to purchase and revitalize Kepler’s, the nearly 70-year-old indie bookselling institution, in 2012. In the past nine years, he has transformed the store through creative…

1 min
unit sales of print books rose 7% in mid-october

With all categories except adult nonfiction posting increases, unit sales of print books were up 7% in the week ended Oct. 23, 2021, over the comparable week in 2020, at outlets that report to NPD BookScan. Adult fiction had a solid week, with sales rising 26.1% over the week ended Oct. 24, 2020. John Grisham’s The Judge’s List, which sold more than 93,000 copies in its first week, topped the category list, easily beating The Wish by Nicholas Sparks, which was in second place with more than 29,000 copies sold. Attack on Titan, Vol. 34 by Hajime Isayama was #3, selling nearly 28,000 copies in its first week. The YA fiction category had the largest gain in the week, up 29.6%, even without the benefit of a major new release.…

7 min
looking for answers to supply chain questions

The publishing industry has navigated a variety of impacts during the pandemic, including ongoing supply chain issues that have affected nearly every wholesale or retail business. The challenges facing the book business this holiday season and beyond were years in the making, and while there are no quick fixes, there are strategies companies should be focusing on to continue building on the strong consumer sales the industry achieved in 2020 and 2021. Publishers Weekly, with support from Westchester Publishing Services, presented a webinar, Publishing Industry Supply Chain Challenges and Opportunities, on Oct. 5, to examine the current business climate, how the industry reached this point, and actions publishers and booksellers could take. The speakers included Matt Baehr, executive director of the Book Manufacturers’ Institute; Kelly Gallagher, vice president of content acquisition…

5 min
astra reaches for the stars

Astra Publishing House was established in early 2020 by Thinkingdom Media Group, a Beijing-based publishing conglomerate, as that rare thing: a new, literary-minded, well-funded publishing house in the U.S. Thinkingdom already has a literary pedigree in China, having published a stable of prestigious foreign authors, including Paulo Coelho, Alice Munro, Haruki Murakami, and Zadie Smith, and made headlines in 2011 when it reportedly paid $1 million for Chinese-language rights to Gabriel García Márquez’s One Hundred Years of Solitude. Early hires at Astra signaled that Thinkingdom intended to extend this literary ethos to the U.S. Ben Schrank was named publisher and COO, after having served as president and publisher of Henry Holt; Alessandra Bastagli, previously executive editor at HarperCollins imprint Dey Street, was hired as editorial director; and Maria Russo left her…