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Hachette

Amanda Palmer Reveals Cover For ‘The Art of Asking’

Amanda Palmer
Musician Amanda Palmer has revealed the jacket of her forthcoming book. What do you think?

Grand Central Publishing will release The Art of Asking on November 11, 2014. Over at her blog, Palmer has shared several (NSFW) behind-the-scenes photos from the cover shoot.

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Hachette Calls Off Perseus Acquisition

hachetteHachette has called off plans to acquire Perseus. The publisher announced the transaction back in June, reporting that the deal was expected to close after regulatory approval.

However, according to a report in The Wall Street Journal, the publisher couldn’t come to terms with all of the issues required for the deal to close. Here is more from the report:

The distribution assets made the proposed sale a more complex transaction than simply acquiring a publishing house. As part of the agreement, Hachette, a unit of Lagardere SCA, was to sell Perseus’s print and digital distribution business to Ingram Content Group, a unit of Ingram Industries Inc. That element ultimately doomed the deal, said people familiar with the situation.

Hachette Revenues Up 5.6% in First Half of 2014

hachetteHachette Book Group’s net revenues were up 5.6 percent in the first half of 2014, as  compared to the first six months of 2013.

The company attributed the growth to the integration of Hyperion, along with strong titles including The Silkworm by Robert Galbraith aka JK Rowling, The Goldfinch by Donna Tarrt and James Patterson’s Unlucky 13.

“It is gratifying to have first half sales that exceed last year’s, especially in light of recent market challenges,” stated Michael Pietsch CEO of HBG.

The publisher counted 108 titles on The New York Times’ bestseller list during the six month period, as well as 43 titles on The New York Times’ eBook bestseller list.

 

Stephen Colbert Interviews Hachette Author Edan Lepucki

As part of his battle with Amazon, Stephen Colbert has been promoting the book California by first time novelist Edan Lepucki.

His goal was to help Lepucki land on The New York Times bestsellers list – a rare occurrence for a first time novel – even though the book was not available for sale on Amazon due to fierce negotiations with her publisher Hachette. The push worked and the title has landed the third spot on the list, despite not being available through the nation’s largest online book site.

To celebrate the success, Lepucki was on The Colbert Show last night to discuss her success. On the show, she recommended the debut novel Sweetness No. 9 by Stephan Eirik Clark, another Hachette book that is currently not available on Amazon. We’ve embedded the clip above for you to enjoy.

Authors Guild Calls Amazon eBook Offer in Hachette Dispute “Highly Disingenuous”

authors_guildWhile Amazon’s latest offer in its ongoing dispute with the Hachette Book Group may look like they are trying to be more friendly towards authors, the Authors Guild isn’t buying it.

Essentially on Tuesday, Amazon told Hachette that they would restock their author’s books if the publishers promised to give the authors 100 percent of the revenues on eBooks sold until the dispute between the companies is resolved.

Richard Russo, novelist and co-Vice President of the Authors Guild, published an open letter to Amazon responding to the offer and calling the offer “highly disingenuous.” Read more

Amazon Makes Author-Friendly Offer to Hachette

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Amazon has made a controversial new offer to Hachette in its ongoing battle with the publisher. The retailer says that it will restock Hachette’s books and pay writers all revenues from the digital sales of their books.

However, there is a catch for the publisher. The Washington Post has the scoop:

“If Hachette agrees, for as long as this dispute lasts, Hachette authors would get 100 percent of the sales price of every Hachette e-book we sell,” Amazon said in a letter sent to authors and literary agents. “Both Amazon and Hachette would forego all revenue and profit from the sale of every e-book until an agreement is reached.”

Hachette has not agreed to this offer. The author-friendly proposal comes after Amazon has faced a huge backlash from authors and readers, including the “I Didn’t Buy It on Amazon” campaign launched by Hachette author Stephen Colbert.

Hachette Reportedly in Talks to Buy Perseus

hachetteHachette Book Group is reportedly in talks to acquire the Perseus Books Group.

The New York Times has the scoop: “Under terms of the proposed deal, Hachette would keep the Perseus publishing business, said one person briefed on the negotiations. But it has signed a binding agreement to sell its client services division, which provides back-end services like marketing and distribution, to Ingram Content Group, a distributor.”

The deal would give Hachette a leg up in its battle with Amazon. For the last month, the publisher has been stuck in negotiations with the book retailer. Amazon has stopped stocking popular Hachette titles, delaying shipments for weeks. Hachette author Stephen Colbert has launched an anti-Amazon campaign in response.

Neil Gaiman Speaks Out on the Dispute Between Amazon & Hachette

Neil GaimanMany members of the literary community have been greatly concerned about the Amazon vs. Hachette dispute. Renowned writer Neil Gaiman sat for an interview with Salon and voiced his opinion on this hotly-debated subject.

Gaiman revealed that he has many reasons to feel anger towards Amazon, but he is also trying to keep in mind “that what you’re seeing right now, is huge, giant-level dealings between huge corporations both under non-disclosure, and every time I try to actually read enough stuff to figure out what’s going on here, what I run into is lots of ‘We can’t say anything, but he says,’ and ‘We can’t say anything, but she says.’”

Like The Fault in Our Stars author John Green, Gaiman loves bookstores and wishes “to see is more and more healthy, independent bookshops.” Where do you stand on this? What do you think the future holds for the relationship between publishers and Amazon?

John Green Speaks Out Against Amazon

John Green TFIOSMany members of the literary community have voiced their opinion about the Amazon vs. Hachette dispute.

According to The Associated Press, John Green spoke out against the online retail giant during a promotional event for The Fault in Our Stars movie. He feels that “what’s ultimately at stake is whether Amazon is going to be able to freely and permanently bully publishers into eventual nonexistence.”

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Hachette Responds to Amazon’s Comments

Hachette-Book-Group-LARGE11-300x89 (1)Hachette has responded to Amazon’s comments in a Kindle Forum, in which the retailer revealed the reasons for its dispute with the publisher.

Hachette is pleased that Amazon admitted their actions have affected the lives of authors. Here is more from Hachette’s statement on the issue:

Authors, with whom we at Hachette have been partners for nearly two centuries, engage in a complex and difficult mission to communicate with readers.  In addition to royalties, they are concerned with audience, career, culture, education, art, entertainment, and connection.  By preventing its customers from connecting with these authors’ books, Amazon indicates that it considers books to be like any other consumer good.  They are not.

We will spare no effort to resume normal business relations with Amazon—which has been a great partner for years—but under terms that value appropriately for the years ahead the author’s unique role in creating books, and the publisher’s role in editing, marketing, and distributing them, at the same time that it recognizes Amazon’s importance as a retailer and innovator.

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