My brilliant friend Joe Esposito has written a piece to explain why Penguin Random House would want to acquire Simon & Schuster. I have also been thinking about why PRH, or any of the other three of the “Big Five”, would want to acquire S&S. In fact, two of the three, Hachette and HarperCollins, have […]
Both the supply chain and book marketing are forever changed by Coronavirus
Just before the world changed, about five months ago on February 18th, we wrote in this space about two initiatives that made sense for all publishers to employ to raise revenues and profits. One was Ingram’s Guaranteed Availability Program (GAP), which connects their Lightning print-on-demand capability to their ability to ship within 24 hours, delivering […]
Two pretty easy ways to add revenue that most publishers are missing
The biggest publishers today are regularly delivering improved profit performance on a flat or declining sales base. This masks a troubling truth about today’s book business. The core asset base of a book publisher is “performing titles”: the books that are delivering measurable revenues. The more of them there are the healthier the business is. […]
What is causing the uptick in independent bookstores?
My first real job was in a bookstore, on the sales floor of the brand new paperback department in Brentano’s on 5th Avenue in the summer of 1962. I loved that place; I loved that job; and I’ve always had a soft spot for bookstores. But, romanticism aside, the truth is that books are just […]
2020: Zero year thoughts about the changes in book publishing
Years that end in zeroes summon a natural tendency to look backwards and forwards. So as we enter this century’s decade of The 20s, we’ll do just that. The ideas in this piece analyze what is mostly anecdata: “facts” that are real, that I’ve vetted with people who have lived through these times with me, […]
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