New, Bigger HarperCollins Faces Uncertain Time
HarperCollins, the second largest US trade publisher, has concluded its $349 million acquisition of Houghton Mifflin Harcourt’s trade division.
HarperCollins, the second largest US trade publisher, has concluded its $349 million acquisition of Houghton Mifflin Harcourt’s trade division.
In the U.S., public library usage stats reveal a 31% drop in building use over eight years, up to 2018.
“Publishing staff are insisting on change and pursuing change at a pace that may be more aggressive than leadership would like,” says PW’s Andrew Albanese.
Decisions to cancel one book and to advance plans for publishing another highlight pressure on publishers to reconcile business plans with social concerns.
Kindle Vella promises an innovative way for readers to enjoy storytelling – short fiction available in serialized installments of 600 to 5,000 words.
Over her career as publisher and entrepreneur, Judy Piatkus found herself at Buckingham Palace and Number 10 Downing Street. She got there by giving a generation of readers, most of them women, what they wanted most to find in books – a way to see themselves in a new and fresh light.
According to ALA, demands to remove books largely focused on areas that became hot politically over the last year.
“A solid deal for a company that has shown a shrewd eye for a good buy, going back to 2014 and the Harlequin acquisition,” says PW’s Albanese.
In 2020, books and bookstores found ways to capture and hold the public’s attention.
Elsevier is the world’s largest scholarly publisher and publishes more than 500,000 articles annually in 2,500 journals, while the University of California system includes more than 280,000 students and more than 227,000 faculty and staff.