Publishers Weekly

Reidy Touts 2018 as S&S's 'Most Successful Year'

In addition to a string of bestsellers, Simon & Schuster CEO Carolyn Reidy cited strong gains in digital audio and backlist sales as keys to the “most successful year in Simon & Schuster's history.”

Poisoned Pen Press Will Become Sourcebooks’ Mystery Imprint

Sourcebooks has acquired most of the assets of Poisoned Pen Press and said that the mystery publisher will become Sourcebooks' mystery imprint. In addition, most of the PP staff, including editor-in-chief Barbara Peters and founder Robert Rosenwold, will become Sourcebooks employees.

Bookkeeper Gets Two Year Sentence for Scheme that Destroyed Donadio & Olson

The former bookkeeper for Donadio & Olson, who stole more than $3.4 million from the New York literary agency, was sentenced to just two years in prison on December 17, despite the fact that his crime destroyed the agency and nearly bankrupted bestselling author Chuck Palahniuk.

Dohle Reflects On Penguin Random House in 2018

In his annual year-end letter to staff, Penguin Random House CEO Markus Dohle cited the success of 'Becoming', a long list of literary awards and best book citations, and the continued global growth of audiobook sales as 2018 highlights.

Nation Books Changing Name to Bold Type Books

Effective January 1, Nation Books, a joint project of the Nation Institute and Hachette Book Group, will be known as Bold Type Books. The move comes on the heels of the Nation Institute changing its name.

Centrello Details Crown Reorg

The newly combined Random House and Crown publishing groups will be known as Random House. David Drake, Aaron Wehner, and Tina Constable have been given prominent roles in the new Crown, while Crown publisher Molly Stern will leave the company.

HC Remains in Acquisition Mode

HarperCollins is one of two subsidiaries where News Corp would consider making another acquisition, News CFO Susan Panuccio said during a presentation to analysts yesterday.

Polis Books Launches Diversity-Focused Crime Imprint

In an effort to attract a more diverse roster of writers, Polis Books founder Jason Pinter is launching Agora Books, a diversity-focused imprint specializing in crime and mystery fiction.

'Becoming' Is the Bestselling Book of 2018

Michelle Obama's 'Becoming,' now in its sixth printing, has sold more than two million units in the the U.S. and Canada in the two weeks following its November 13 publication, Penguin Random House said.

The Next Black Publishing Generation Speaks

Although the book industry remains overwhelmingly white—87% of respondents to PW’s most recent annual salary survey identify as Caucasian—there is undeniably a new and passionate generation of young black professionals working inside publishing houses.

With Closure, UPNE's Publishers Move On

Following University Press of New England’s decision to close its doors at the end of 2018, the distributor has reached an agreement with University of Chicago Press and Chicago Distribution Center to handle distribution for its backlist and select new titles.

'Becoming' Is Becoming 2018's Biggest Adult Book

Penguin Random House said that first-day sales for Michelle Obama's memoir "represent the largest single-day sales total for any book published in 2018" by the publisher, while Barnes & Noble said 'Becoming' had the biggest first week of sales at the chain so far this year.