Book Trade articles


London Book Fair 2010: Update Saturday AM

London Book Fair 2010: Update Saturday AM

There was mixed news this evening for attendees of next week’s London Book Fair. NATS, The National Air traffic service, which controls British airspace, lifted some restrictions on airspace in Scotland, and that may also extend to northern parts of England tomorrow. Closure of UK airspace has now been extended to 1pm Saturday, but already


Bowker Statistics 2009: Non-traditional Means Now The Majority Path For Authors

The latest 2009 statistical report released by R.R. Bowker today is a real eye-opener. The total amount of titles produced last year was 1,052,803, and significantly, 764,448 of that overall figure came from what Bowker describe as non-traditional channels – a mix of micro-publishers, self-publishers and reprints of public domain titles. In simple terms, 2010


About our eBook Concerns: TeleRead’s Open Letter to Publishers

There is an excellent ‘open letter to the publishing industry’ on standards for ebooks now that the big five publishers have applied the agency model for ebook distribution. “Dear Publishers, Now that you have your ‘agency’ contracts (such as they are) in place and are moving on, in your own heads anyway, to Ebook 2.0, can


International IMPAC Dublin Literary Award Shortlist Announced

The shortlist for the 2010 International IMPAC Dublin Literary Award was announced by The Lord Mayor of Dublin, Councillor Emer Costello, at The Mansion House, Dublin. There are eight books shortlisted from nominations by public libraries in Ireland, Austria, Estonia, France, Germany, Greece, Hungary, Poland, Russia, The Netherlands, South Africa, Brazil, the USA and Canada.


Confirmed: GE Capital Secure Term Loan For Borders Group US Survival

Just released on the newswires: ANN ARBOR, Mich., March 31, 2010 /PRNewswire via COMTEX/ — Borders Group, Inc. today announced that it has entered into an amended and restated revolving credit agreement. The new, $700 million senior secured asset-based credit facility matures in March 2014 and replaces the company’s existing revolving credit agreement, which would


Borders US Set To Make Fools’ Day Deadline

Borders Group US are facing D-day on April 1st. A substantial loan of $42.5m secured two years ago from Pershing Square Capital for the refurbishment of retail stores and an IT upgrade is due to be repaid on Thursday, this week. A number of reliable financial sources, including Bloomberg US, are reporting late Tuesday evening that a


Adult Hardback Sales Slump 8.1% For January (AAP)

The Association of American Publishers (AAP)has today reported on book sales for the month of January 2010. Overall sales were down 0.7% compared to January 2009, but the most alarming figure is adult hardback, dropping 8.1%. You can find the report here. New York, NY, March 22, 2010—The Association of American Publishers (AAP) reports for