September 22nd, 2020
In last Sunday’s New York Times there’s a wide-ranging profile of Madeline McIntosh, chief executive at Penguin Random House, the largest trade publisher in the U.S. The article is by Alexandra Alter, who writes about publishing and the literary world for the Times. I was pleased when she asked me for a few observations on…
August 1st, 2016
This post examines the latest quarterly financial reports from the big 5 book publishers and tries to draw some conclusions from the data. The big 5 are, of course, Hachette, HarperCollins, Macmillan, Penguin Random House and Simon & Schuster. These companies are often seen as emblematic of the state of traditional trade book publishing in the…
October 29th, 2013
If you read this entire blog entry your eyes are very likely to glaze over: it contains an overload of stats & calculations. So let me first offer an Executive Summary: