Showing posts with label The Bookseller. Show all posts
Showing posts with label The Bookseller. Show all posts

Sunday, February 12, 2012

MediaWeek (Vol 5, No 7): Books on Facebook, UK Copyright, Big Data, Ireland & John Synge + More

Interesting experiment to publish a novel via Facebook (Haaretz):
Epstein says that his decision to publish his new book on Facebook, where it appears in a photo-album format, was a response to the situation of the publishing market in Israel: "I'm not saying anything new when I say that the vast majority of writers and poets in Israel are unable to make a decent living from their work." The fact that Epstein cannot support himself from his books is not the heart of the matter; that's already self-evident. What bothers him is the short shelf life of books in the stores.
"In the case of a writer like me," he explains, "who isn't a mainstream and best-selling author, what happens is that the literature has a very hard time reaching the readers. The only way is via the 'book cemetery' that is sometimes called Tzomet Sfarim and sometimes Steimatzky's" - the country's two largest bookstore chains. "A book in those stores is sold not as a cultural item but as a consumer item of the shallowest possible kind. Not because it isn't good, but because that way it gets sold."
Epstein says this paradox confronts many writers and poets: "It's one thing that you don't make a profit, but in the present situation nobody can even read you, because the books don't really reach anyone. What I tried to examine is whether it's possible to reach a relatively broad audience without going through the usual intermediary, who is systematically interested in money rather than culture. I'm interested in the work and not its financial aspect."
The Publisher's Association in the UK is proposing a copyright registry (Bookseller):
The Publishers Association has called for the creation of a Digital Copyright Exchange  (DCE), which would act as a "one stop shop" for the exchange of information about how to license copyright online.
The PA has argued the online platform would negate the need for "dangerous" changes to copyright law proposed by the government in parallel consultation on copyright.
In a submission to the feasibility study into the DCE, which closes today (10th February), the PA urged government to suspend progress of the parallel Copyright Consultation launched by the Intellectual Property Office late last year, which recommends "drastically weakening" copyright. The body thinks the proposals would remove or undermine the ability of rightsholders to develop licensing business models, and "go against the grain" of the market-based voluntary arrangements proposed in the DCE.
Amanda Knox book in the works (NYTimes):
This makes the next step trickier for publishers vying this week for the rights to her memoir, whose blockbuster allure has a backdrop of unsettling details: Ms. Knox was arrested in 2007 in the murder of her roommate, Meredith Kercher, in what prosecutors described as a sex escapade gone wrong, spent nearly four years in an Italian prison and was exonerated last October after an appeals court overturned the original conviction.
The surge of media attention that will surely accompany the book’s release — normally good for publishers — comes with risks. To some members of the public, Ms. Knox was an innocent abroad who was imprisoned for a crime she did not commit. To others, she is a cunning femme fatale who got away with murder.
And that brings some difficult questions: do book-buying Americans see Ms. Knox as a sympathetic figure? And if the book commands a seven-figure advance, as is widely expected, will it be worth it?
Big Data from the NY Times:
What is Big Data? A meme and a marketing term, for sure, but also shorthand for advancing trends in technology that open the door to a new approach to understanding the world and making decisions. There is a lot more data, all the time, growing at 50 percent a year, or more than doubling every two years, estimates IDC, a technology research firm. It’s not just more streams of data, but entirely new ones. For example, there are now countless digital sensors worldwide in industrial equipment, automobiles, electrical meters and shipping crates. They can measure and communicate location, movement, vibration, temperature, humidity, even chemical changes in the air.
Link these communicating sensors to computing intelligence and you see the rise of what is called the Internet of Things or the Industrial Internet. Improved access to information is also fueling the Big Data trend. For example, government data — employment figures and other information — has been steadily migrating onto the Web. 
In 2009, Washington opened the data doors further by starting Data.gov, a Web site that makes all kinds of government data accessible to the public.  Data is not only becoming more available but also more understandable to computers. Most of the Big Data surge is data in the wild — unruly stuff like words, images and video on the Web and those streams of sensor data. It is called unstructured data and is not typically grist for traditional databases.  
But the computer tools for gleaning knowledge and insights from the Internet era’s vast trove of unstructured data are fast gaining ground. At the forefront are the rapidly advancing techniques of artificial intelligence like natural-language processing, pattern recognition and machine learning. 
Interesting article about returning to Ireland and the ghost of John Synge (NYT)
John Millington Synge writes of walking to see these beehive huts (clochans in Gaelic) in “The Aran Islands,” his classic account of living here for several months in the 1890s, when he gathered the material for his greatest plays. No other writer is more closely associated with this place and its people than Synge, although in many ways he makes an unlikely representative. He was Anglo-Irish, Protestant in his upbringing, fairly well to do, scientifically minded — there could have been, at the time, few Irish people possessing less in common with the peasantry he wound up making his subject and taking for his inspiration. Even in his famed descriptions, you can sense a remoteness. It was the artist in him, the very thing that made him a great writer. He never loved his own people too much to be able to see what was grotesque and silly and consequently most human in them. On his walk to the beehive huts, he’s following an old blind man named Mourteen, a local storyteller who gave him all sorts of material. The man knows the islands so well that Synge cuts his feet trying to keep up, despite the fact that his guide can’t see — “so blind that I can gaze at him without discourtesy,” is Synge’s phrase. The old man at one point indulges “a freak of earthly humour” and starts talking sex, saying what he would do if he could bring a girl into the hut with him. They pass a house where a schoolteacher lives alone. “Ah, master,” the old man says, “wouldn’t it be fine to be in there and to be kissing her?” It’s just the kind of scene that Synge’s detractors hated him for. The heroism of his characters comes purely from their helpless urge to be themselves, against all better judgment.
From the Twitter:

New York Diaries, in the Author's Hand:(NYT)

Pearson Takes 200,000 SF in Hoboken - Daily News Article

Rice University And OpenStax Announce First Open-Source Textbooks (Techcrunch)

Recalibrating Expectations for eTexts. Students are not embracing eTexts:  

Tuesday, October 11, 2011

MediaWeek (Vol 4, No 41): Frankfurt 2011, Indian Authors, Digital Rights,

Frankfurt has always been my favorite of the trade shows I've visited.  There's such a variety of people, customers and potential business partners that its unlike any other book show.

It is a gloomy day today and rain is forecast for tomorrow but the threat of industrial action may be less imminent since the government has become directly involved in getting the parties to negotiate. 

A delegation from India is presenting a collection of indigenous Indian works for translation as reported by India's Daily News and Analysis:
In a first showcase of Indian indigenous writing, a literary panorama featuring works by over 30 language writers will be on display at the Frankfurt Book Fair in a pilot exhibition for readers and publishers from Europe, the US and other countries.

The literary panorama, initiated by the union culture ministry under the 'ILA: Indian Literature Abroad' project, will be held Oct 12-16.

The project aims to carry the diversity of contemporary regional Indian literature from the grassroots to the world through source translation, which involves creation of original work directly to foreign languages in an attempt to remove dependence on English translation, a top ILA official said.

Initially, the focus of translation is on six UNESCO languages: Arabic, Chinese, English, French, Russian and Spanish.

“The project requires patience and nurturing. It is (in the) long term. We want to understand the kind of Indian language books the international market likes and the market dynamics. We are looking at source language translations - like from Tamil to French," writer Namita Gokhale, the member secretary of Indian Literature Abroad project, told IANS.

"Translating a regional literary work first into English and then into a foreign language results in loss of textual matter,” she said.

“Different cultures appreciate different kind of literature,” she added.

Gokhale heads the delegation carrying the Indian literary showcase to Frankfurt Tuesday.
A discussion, 'Romancing the Languages: Indian Literature's Journeys' will debate on the future of Indian regional language writing and its global positioning Oct 13.
The Bookseller doesn't expect the slow global economy to impact the US business at Frankfurt (Bookseller):
Meanwhile, organisers are expecting 7,500 exhibitors at the fair, as the halls reach capacity. FBF spokesperson Katja Boehne said there will be 761 exhibitors from the UK and 604 from the US, with between 280,000 to 290,000 visitors set to come through the doors—of which around 150,000 will be trade visitors. She said: "We will see at this book fair what publishers have made of the digital options. There will be lots of enhanced e-books and multimedia projects, some of which we don't have a name for. There will be a large dollop of creativity and new ideas."
Boehne added that the numbers of exhibitors and visitors was "more or less" the same as last year, as the fair has "come to the end of capacity; there is no space left for extra exhibitors".
In Publishers' Weekly Rachel Deahl suggests this years Frankfurt will be about digital rights just like last year and the year before and she concludes, (PW):
And then there’s the growing concern and confusion over e-books and the open market. Under the reigning territorial model, the open market right allows publishers to sell English-language books in European countries outside the U.K. Whether the open market can, or should, be preserved in the digital world is a recurring question. A recent court ruling, outside the book world, may also be a topic of conversation in Frankfurt. In Football Association Premier League Ltd. et al. v. QC Leisure et al., an E.U. court just ruled that a British pub owner was not legally allowed to use a decoder to air Greek soccer games in her bar; without the decoder she would have had to pay a licensing fee to Sky Sport. The ruling had to do with the fact that Sky Sport had negotiated an exclusive licensing fee with the Premier League to air its games in the U.K., and, although the decoders are legal, they cannot be used to show the games to a group. Attorney C.E. Petit, who blogs about publishing and the law at Scrivener’s Error, picked up on the case and noted that the judgment might have implications in the book world. Since Europe is now under a more unified copyright law, with the establishment of the E.U., there could be a case about multiple English-language editions being sold in Europe. In other words, there could now be legal ground for stamping out the open market in publishing.
A not well known Irish author Flann O'Brien gets and appreciation from More Intelligent Life:
Despite the pseudonym, everyone in Dublin’s incestuous literary circles knew him. When he started openly mocking the civil service and expressing political opinions—a serious transgression for an employee of the state—he was invited to retire at age 42, in 1953. His pension, together with the slender income from his writing, might have let him succeed as a novelist. But O’Nolan was better at self-sabotage than self-promotion, and he died at 54 of cancer and alcoholism. He still left behind five novels, three of uneven quality and two, “At Swim-Two-Birds” and “The Third Policeman”, that are among the greatest accomplishments in English-language fiction.

He finished “At Swim-Two-Birds” when he was 28 and sent it off to Longmans, a London publisher, where by a rare stroke of good luck Graham Greene was reader. “I read it with continual excitement, amusement and the kind of glee one experiences when people smash china on the stage,” recalled Greene, who urged publication. From Paris, James Joyce, in a blurb written to help promote the book, pronounced its author “a real writer, with the true comic spirit.” O’Nolan was cautiously optimistic. But the cosmic balance was soon restored. War broke out and in 1940 the Luftwaffe destroyed the London warehouse in which the entire print run of the novel was stored; fewer than 250 had been sold. Then in 1941 Joyce, who had promised to help with publicity, suddenly died, along with O’Nolan’s hopes for the book. “[I]t must be a flop,” he wrote, wallowing in gloom. “I guess it is a bum book anyhow.”
From the twitter this week:

The adventures of Tintin – and CGI http://gu.com/p/32etq/tw

Armour to stand down as Reed finance chief - FT.com - Mediahttp://on.ft.com/nHFHnJ


Stars Will Read Amazon Unit's New Audio Book Series:http://nyti.ms/nWdh4E

Saturday, November 07, 2009

MediaWeek (Vol 2, No 45): Money Issue

Several publishers reported earnings this week.

Simon & Schuster (CBS)
Publishing revenues for the third quarter of 2009 increased 2% to $230.4 million from $225.0 million for the same prior-year period reflecting the timing of the release of titles. Best-selling titles in the third quarter of 2009 included Arguing with Idiots by Glenn Beck and Her Fearful Symmetry by Audrey Niffenegger. In constant dollars, Publishing revenues increased 4% over the same prior-year period.

OIBDA for the third quarter of 2009 increased 10% to $28.4 million from $25.8 million for the same quarter last year and operating income increased 14% to $26.6 million from $23.4 million for the same prior-year period primarily due to revenue growth, partially offset by higher write-offs of advances for author royalties.
Hachette (Reuters) and The Bookseller:
Publishing revenues for the nine months to end September 2009 were €1,694m, up 8.3% on a reported basis and 8.8% on a like-for-like basis. Sales grew again in the third quarter of 2009, rising by 5.1% on a like-for-like basis. Other "main growth drivers" in the US included True Compass by Edward Kennedy, Say You're One of Them by Uwem Akpan, Lies My Mother Never Told Me by Kaylie Jones and Malcolm Gladwell's Outliers.

There was further sales growth in the United Kingdom but Spain reported a slight dip, mainly due to lower sales in education, Lagardère said. Lagardère said its publishing business faced "a particularly challenging fourth-quarter comparative", as the success of the Stephenie Meyer saga drove like-for-like sales growth to 6% in the fourth quarter of 2008.
ThomsonReuters (Press Release):
Glocer commented that 'the worse may be over'
Revenues from ongoing businesses were $3.2 billion, a decrease of 2% before currency and 4% after currency. IFRS revenues were down 4% after currency against the prior year period.

Underlying operating profit was up 3% to $711 million, with the related margin up 140 basis points, driven by the benefit of currency, integration-related savings and a continued commitment to strong cost management.

Adjusted earnings per share were $0.43 compared with $0.47 in the third quarter of 2008. The decline was due to higher integration-related spending, which is included in adjusted earnings but not underlying operating profit.
Borders announced that they would close the remaining mall stores by early 2010 (PR):
As part of Borders Group's ongoing strategy to right-size its Waldenbooks Specialty Retail segment and emerge with a smaller, more profitable mall chain in fiscal 2010, the retailer will close approximately 200 mall stores in January, leaving approximately 130 mall-based locations open. The list {of closures} is not final and is subject to change pending finalization of agreements over the coming weeks. Importantly, today's announcement regarding the mall business does not include Borders superstores or the company's seasonal mall kiosk business, which includes over 500 Day by Day Calendar Co. units, among other mall-based retail concepts.
Newscorp reported their results including improved results at Harpercollins (PR):
HarperCollins operating income of $20 million increased $17 million versus the same period a year ago due to higher sales at the Children's and General Books divisions, as well as reduced operating expenses from restructuring efforts in the prior year. First quarter results included strong sales of Where the Wild Things Are by Maurice Sendak, The Vampire Diaries by L.J. Smith and the paperback edition of The Story of Edgar Sawtelle by David Wroblewski. During the quarter, HarperCollins had 47 books on The New York Times bestseller list, including four books that reached the number 1 spot.
Torstar the parent of Harlequin reported (PR):
Book Publishing operating profit was $22.9 million in the third quarter of 2009, up $4.2 million from $18.7 million in the third quarter of 2008, including $2.0 million from the impact of foreign exchange. Year to date, Book Publishing operating profit was $63.1 million, up $9.9 million from $53.2 million in the first nine months of 2008, including $5.1 million from the favourable impact of foreign exchange. Underlying results were up in North America Direct-To-Consumer and down in North America Retail for both the third quarter and year to date. Overseas was down in the quarter but up year to date.

Sunday, July 20, 2008

MediaWeek (Vol 1 No 29):

Amazon.com speaks to the NYTimes about cloud computing.
Customers of Amazon’s new store will be able to start watching any of 40,000 movies and television programs immediately after ordering them because they stream, just like programs on a cable video-on-demand service. That is different
from most Internet video stores, like Apple iTunes and the original incarnation of Amazon’s video store, which require users to download files to their hard drives
Christian book retailing is either treading water and just surviving or being destroyed depending on who you listen to. Here the Washington Post looks at the business.

Meeting customers where they are has become the mantra of the Christian retail industry as its stores face stiff competition from big-box chains and online retailers. With more stores closing than opening each year, industry layoffs and a key publisher staying away from this week's annual International Christian Retail Show in Orlando, retailers and publishers say innovation is key to thriving.
The Bookseller notes that Lonely Planet got their books into the Apple Store in quick order.

John French announced to staffers through an internal memo that he was stepping down as CEO of Penton Media. Speculation about who will replace him included Mike Marchesano currently at JEGI. Folio.

The AP reports on a new book from Mitch Ablom which is being offered exclusively through Amazon.com. The book is actually an eBook version of a commencement speech the author gave this spring.

More on the civil war between the UK office of Hachette Book Group and Amazon.com over pricing. Times Online.
The online bookseller has imposed extraordinary sanctions against the publisher, ... It is listing Hachette books but preventing the public from purchasing them by removing the “buy new” button from its websites.
James Murdoch seems to be moving closer to Big Boss. MediaGuardian. Notes on other Media bosses.

Sadly, Publishing News in the UK is closing down their magazine operation. PN But before they go they note a HarperCollins implant at Amazon.co.uk.

Conde Nast's Portfolio takes a look at HarperStudio. (Briefly).

John Makinson thinks outsides aren't welcome in the publishing world. The Bookseller.