US trade sales increase despite a fall in publishing revenues
thebookseller.com – Wednesday October 31, 2018
Publishing revenues declined 1.4% in the US in the first three quarters of the year, despite a rise in trade revenues of 4.4%, according to the Association of American Publishers (AAP).
Trade publishing revenues increased 4.4% to $228.3m compared to the same period in 2017 and adult books - the largest category - experienced a rise of 4.4%. Publishers revenue for children’s and young adult books (+3.5%) and religious presses (+7.6%) also increased.
Abrams Artists Agency Adds New Agents In New York & Los Angeles
deadline.com – Monday October 29, 2018
Abrams Artists Agency has hired two new agents for its Los Angeles and New York offices. Jason Zenowich will join the Talent Division in Los Angeles and Sara Barkan will join the Theatrical Literary Division in New York. The appointments are effective immediately.
Whatâ€™s the Matter with Fiction Sales?
publishersweekly.com – Sunday October 28, 2018
According to 2017 estimates released this summer by the Association of American Publishers, sales of adult fiction fell 16% between 2013 and 2017, from $5.21 billion to $4.38 billion. The numbers, though not a major worry, raise questions about the books the industry is publishing and what consumers want to read.
Since 2013, fiction sales fell every year with the exception of 2015. That year they rose 1%, helped by Harper Lee’s Go Set a Watchman and three other novels that topped one million print copies sold. (The AAP tracks all major formats—print, digital, and audio—in its sales estimates.) Interviews and discussions with various industry members uncovered different theories about why there’s been a downturn in fiction.
Writers Guild Launches Campaign Against Free Work
variety.com – Wednesday October 24, 2018
The Writers Guild of America West has launched a campaign to urge its members not to work for free.
“All writers need jobs, and especially when it’s early in their careers, it can feel like they have to do whatever it takes to get hired,” said screenwriter and WGA West board member Michele Mulroney. “But leaving behind a treatment for a producer or executive is the equivalent of writing for free. It opens the door to what can often be months of more free work like getting notes on the treatment and revising it multiple times. Guild rules do not allow for uncompensated work and members need to know that they simply don’t have to give in to these requests.”
61% of Canadian publishers are producing audiobooks, up from 16% in 2015
booksandpublishing.com.au – Monday October 22, 2018
In Canada, 61% of publishers are producing audiobooks, up from 16% in 2015.
According to a recent study on audiobook use published by BookNet Canada, the average audiobook listener in Canada identifies as female, is aged between 25 and 34, and listens to audiobooks between one and ‘several’ times per week. Audiobook listeners over the age of 55 grew by four percent from the previous year.
Penguin Random House Merges Two of its Successful Publishing Lines
nytimes.com – Friday October 19, 2018
Penguin Random House, the largest publishing company in the United States, is merging two of its most prestigious publishing lines, Random House and the Crown Publishing Group.
The new joint division will be lead by Gina Centrello, currently the president and publisher of Random House. In a memo to employees, Madeline McIntosh, the chief executive of Penguin Random House U.S., said that Crown and Random House “will retain their distinct editorial identities.”
Literary-minded phishers are trying to pilfer publishersâ€™ manuscripts
nakedsecurity.sophos.com – Monday October 15, 2018
A scammer has been trying to steal manuscripts by spoofing their email address to make it look like messages are coming from literary agent Catherine Eccles, owner of the international scouting agency Eccles Fisher.
The scammer is targeting literary agencies, asking for manuscripts, authors’ details and other confidential material, as the industry publication the Bookseller reported on Thursday.
The attack on Eccles Fisher is just part of a broader, global spate of phishing attacks that’s prompted Penguin Random House (PRH) North America to issue an urgent warning to all staff just as the five-day Frankfurt Book Fair began, the Bookseller then reported on Friday.
Publisher warnings as cyber criminals attempt to pilfer manuscripts
thebookseller.com – Friday October 12, 2018
A spate of global phishing scams attempting to access agencies’ and publishers’ manuscripts and other sensitive information prompted Penguin Random House (PRH) North America to issue an urgent warning to all staff as the Frankfurt Book Fair began.
The company sent an email to staff on Wednesday (10th October), when The Bookseller revealed scouting agency Eccles Fisher was hit by a phishing scam. Owner Catherine Eccles said someone was purporting to be her in emails and attempting to access manuscripts, authors’ details and other confidential material. The PRH email was circulated with the subject line “Important: New Phishing Alert” and reads: “We have recently seen an increase in attempts to steal our manuscripts. This has occurred in multiple locations across the globe. The individuals attempting to access these manuscripts have a sophisticated understanding of our business. We need to protect ourselves from these threats.”
3 Ways This Startup Aims To Democratize Book Publishing
forbes.com – Thursday October 11, 2018
Time was, the publishing industry could claim a stable existence, safe within its leather-bound borders. If a publishing business was held and run by competent hands, it could typically expect a nice payoff from those gilded-edge pages. Over the past decade (or more), however, sales numbers have become increasingly unpredictable.
The merging of some traditional publishers and the shutting of doors by others has made becoming a debut author perceptibly less likely. Literary agents have more methods than ever for heaving even the most adventurous and resolute new author out the door — particularly if the author doesn’t arrive on the agent’s doorstep with an existing base of eager readers. What new and unaided author can show up with the needed number of followers in tow? I would guess the number may amount to about zero.
Sally Willcox Joins Paradigm As Literary Agent
deadline.com – Wednesday October 10, 2018
Sally Willcox, the longtime CAA literary agent who most recently oversaw acquisition and development at Tobey Maguire’s Material, has landed at Paradigm, the agency said Tuesday. She will oversee media rights and be based at the agency’s Beverly Hills headquarters.
“Sally excels at discovering and developing intellectual property and it is her passion to find inspiring opportunities for her clients, making her the perfect person to drive and expand our media rights division,” said Adam Kanter, co-head of Motion Picture Literary, and Andy Patman, co-head of Television Literary, in a release announcing the news.