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Publishers Weekly

Publishers Weekly

January 11, 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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Country:
United States
Language:
English
Publisher:
PWxyz, LLC
Frequency:
Weekly
SUBSCRIBE
$219.01
51 Issues

in this issue

1 min.
the week in publishing

PW announced the U.S. Book Show, which will run virtually May 26–28 and offer events and programming for the domestic and international publishing industry, including booksellers, librarians, publishers, and self-published authors. Simon & Schuster canceled the June publication The Tyranny of Big Tech by Republican senator Josh Hawley of Missouri, following last week’s attack on the Capitol. Bookshop sold $51 million worth of books in 2020. It has more than 1,000 affiliate stores, to which it will return more than $10 million in profit sharing. Scholastic has created Bright Brown Baby, a new BIPOC-focused publishing line for the youngest readers, focusing on Black and brown children, families, and joy. Barnes & Noble founder Len Riggio donated $250,000 to literary nonprofit Poets & Writers to support the organization’s efforts to support BIPOC writers. Online & On-Air The…

3 min.
a pleasant 2020 surprise

With all major categories posting increases, unit sales of print books rose 8.2% in 2020 over 2019 at outlets that report to NPD BookScan. For the year ended Jan. 2, 2021, units hit 750.9 million, up from 693.7 million the year before. BookScan said the 8.2% gain was the largest annual increase since 2010. The year certainly turned out much better than many in the trade side of publishing expected in the early spring, when pandemic-induced store lockdowns and some supply chain issues caused deep concern. But a prolonged decline never came, as online sales and sales through nonbookstore outlets more than offset declines at physical bookstores. The industry received an immediate boost in the spring when parents had to cope with remote learning as schools shut, which led to strong demand…

4 min.
winter have you locked inside? we’ve got you covered.

From Penguins to Paradise: My Life as an Advertising Man Paddy Hayes This light-hearted account shows one man’s journey from young trainee to international management in advertising agencies around the world. $15.78 paperback 978-1-6655-8067-0 also available in ebook www.authorhouse.co.uk Western Wizards At War Book 1: OLRIC! Cameron Dickie Can James, Jo, and Jake and the legendary Knights of the Round Table triumph against the power of an evil sorceress and her hideous creatures of the underworld? $17.23 paperback 978-1-7283-8935-6 also available in ebook www.authorhouse.co.uk Brain Surgery And Recovery From A Patient’s Point Of View Delores Beecham The book narrates author Delores Beecham’s journey from her diagnosis — the discovery of her brain tumor — to her brain surgeries. This serves as a warning to see a doctor. $15.99 paperback 978-1-4415-7219-6 also available in ebook www.xlibris.com A Celebration of Life Ruth Anna Wright A Celebration of Life shares a collection of poems where Ruth Anna…

1 min.
‘a promised land’ is tops in 2020

In a year marred by a deadly pandemic and extraordinary political and racial strife, book sales soared, helped by a handful of major titles. Adult nonfiction books related to politics had another strong year—especially those by Obamas and those about Trumps. A Promised Land, the first volume of Barack Obama’s presidential memoirs, was the top print title in 2020, moving nearly 2.6 million copies at outlets that report to NPD BookScan. That number is lower, however, than the 3.4 million copies of Michelle Obama’s Becoming sold in 2018, and the former first lady’s book hit the top 25 overall list yet again this year, selling almost 596,000 copies. Three books on Donald Trump and his presidency—the #4 title on the list, penned by his niece; #15, penned by his former national security…

6 min.
does dc have a future in comics?

The world’s #2 superhero comics publisher is undergoing a stress test. DC Comics—the venerable publisher of Batman, Superman, Watchmen, Wonder Woman, and dozens of other celebrated superhero characters—looks to be caught in the corporate restructuring taking place at its parent company, AT&T, along with other divisions of WarnerMedia, which the telecom giant acquired in 2019. After several rounds of layoffs and controversial business decisions, comics fans, professionals, and retailers are speculating about whether DC, or its parent company, will abandon comics publishing or the comics shop market entirely. Early in 2020 DC parted ways with longtime DC universe copublisher Dan DiDio. That turned out to be the first act of a major housecleaning. September saw the departures of a host of longtime executives, among them, editor-in-chief Bob Harras, senior v-p Hank…

2 min.
industry stocks fell 4% in 2020

A second-half rally helped to limit the decline of the Publishers Weekly Stock Index to 4% in 2020, as four of the seven companies on the index managed to post stock price increases compared to the beginning of the year. At the end of June 30, before the economy began to improve from the depths of the Covid-19-induced crash in the spring, the PWSI was down nearly 20% from the beginning of the year. The Dow Jones Industrial Average had a 7.2% increase in 2020. John Wiley and Houghton Mifflin Harcourt—two of the three publishers that had declines in the year—saw improvement in their share prices since June. A sharp rise in earnings in the quarter ended in October gave Wiley’s stock price a boost. And HMH’s stock price has gradually risen…