Did I hear someone ask for some publishing news? Look no further, because it’s time once again for my monthly publishing news wrap over on BookMachine! Follow the link here and at the end of the excerpt for full hyperlinks and article.
This month in publishing, there has been much news from across the pond as BookExpo took place, with tweaks promised for 2018 to try to find the right balance between Expo and Con. The big books of the BookExpo show have been slightly overshadowed, however, by the continuing fuss over the size of advances being paid to American politicians for their books, including $795k for Bernie Sanders and former FBI Director James Comey is looking at a rumoured $10m bidding war.
In bookselling, once again author James Patterson has partnered with the American Booksellers Alliance for his Holiday Bookseller Bonus program, which this year will give even more ‘bonuses’ to individual bookshops in America. For one bookshop, however, no bonus is needed, as they just sold a first edition James Bond book for a whopping $22,500!
Roll up, roll up! It’s time to hear about the biggest publishing news from around the web over the past month, with the BookMachine May Publishing Wrap!
Big news from Amazon once again this month, as it hit an all-time high in the stock market and revenue from Q1 is up, prompting CEO Jeff Bezos to sell some of his stocks in the business for the largest sum yet. The tech giant’s Japanese expansion continues apace and they are widely considered to be “eating the world”, but all is not well with Amazon’s relationship with publishing. The introduction of a new buy button programme has drawn criticism from publishers and authors alike – including in the independent scene. What’s more, Amazon has this month announced and released a new book chart system, in which – perhaps unsurprisingly – their own books are notably faring better than anyone else’s.
Here’s your monthly summary of hot publishing news from around the interwebs! Don’t forget, you can read the full article over on the BookMachine blog.
This month in publishing news, there has been an unusual obsession with the smell of books. Not only did scientists pin-point that distinctive smell of second-hand bookshops, but the Guardian discovered what you can tell about an individual book from its smell – and why the scent is so addictive.
In the bookselling sphere, Amazon once again dominated the opinions columns, as their forays into bricks and mortar bookshops continue. Plans for a second New York City bookstore, and another in Massachusetts are underway, while Seattle has been tipped as the next Amazon experiment ground.
It’s the time of the month where I round up all the internet’s top publishing stories and stick them in one place on the BookMachine blog for your perusal! Here’s a sneak peek – don’t forget to visit the BookMachine blog for more…
The big news from March in UK publishing is obviously the London Book Fair (LBF). Poland shone at this year’s Market Focus, and the Fair was busier than usual, with six-figure deals struck ahead of time and publishers cheerfully splashing cash as sales rose. This was seen as further evidence of the rise of print, with The Guardian stating that by the end of the month stats showing that print outperformed digital. Yet, despite the recent whopping $65m forward paid for the Obamas’ new book (which hasn’t pleased all and prompted a list of the biggest deals of all time) no single title emerged as this year’s big hitter.