In the midst of the coronavirus pandemic, U.S. publishing has lost two of its largest in-person events: BookExpo and BookCon. Occurring annually, these conventions offered a platform for publishing houses, agents, new and established authors, and fans to meet. Going forward, BookExpo and BookCon will likely be a mix of both virtual and in-person presentations.… Read More
Audible Captions: Is It More Harm Than Good?
When Audible first announced its Captions launch on July 15th, the new tool was presented with the notion of giving back to public education and improving children’s literacy. This announcement was followed up with an online presentation on July 31st, designed to put minds at ease that no, Audible was not out to harm sales… Read More
America First, Literacy Last: The projected fallout of the 25% tariff on printed goods
The US Trade Administration issued a notice in the third week of May 2019 that all printed materials from China would be included in the list of $300 million worth of imports facing a 25% tariff due to failing negotiations between the USTR and China. With the due date of June 10th to resolve the… Read More
Will Waterstones’ Present Be Barnes & Noble’s Future?
American book retailer Barnes & Noble has been purchased in an all-cash transaction by Elliott Advisors for $683 million. The official announcement was made on the morning of June 7th. This deal marks the second purchase of a major bookseller by the hedge fund, following their purchase of UK bookseller Waterstones in 2018. The purchase… Read More
