German Buch News: Bertelsmann Sheds 20% of Workforce; Arvato adds Digital Services Portal

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary Big news from Gütersloh this week: the Neue Westfälische reports that Bertelsmann is letting go of 130 of its 692 employees. This comes after several months of targeted cost-cutting measures in the face of losses that hit TV division RTL and Gruner + Jahr’s periodicals (both subsidiaries shrank by 10% in the first half of 2009.) Meanwhile, Buchreport …

Global Trade Talk: Zero Day “Compromise” on Aussie Parallel Import Laws; Stanford Publishing Program Shutters

In Global Trade Talk by Edward Nawotka

By Edward Nawotka The Australian reports that Australian Competition Minister Craig Emerson has suggested a new “compromise” with regard to the proposed changes in parallel importation laws. Instead of eliminating import restrictions and forcing publishers to print an international title within 30 days of overseas release, the new plan would keep the import restriction in place, provided publishers put the …

German Buch News: Libreka’s Free E-books; Wholesalers Expand Offerings

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary Libreka.de, the online book search database run by the Marketing- und Verlagsservice des Buchhandels, a subsidiary of the German Publishers and Booksellers Association, wants you to know that you can, in fact, get something for nothing. According to the Boersenblatt, they’ve just launched a promotion called “Download Days“, in which a selected ebooks can be downloaded free of …

Global Trade Talk: PRISA Sells 25% of Santillana; Spanish Group Suspends Google Deal

In Global Trade Talk by Emily Williams

By Emily Williams The PRISA Group, owner of Spain’s third largest publishing group Santillana, has been struggling with debt problems since the financial crisis took hold a year ago and on Monday agreed to sell a 25% stake in Santillana to pay off part of its burden.  The agreement values Santillana at $1.45 billion, with DLJ South American Partners, a …

German Buch News: Frankfurt’s Digital Survey Results Are In

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary The Frankfurt Book Fair has released the results of its annual survey on the digital future of the publishing industry and the good news is that, of the 840 international industry insiders who participated in the survey, 80% see the radical change sweeping the industry as an opportunity, rather than as a crisis. Teaming up with the German …

Global Trade Talk: Borders Offers Six Ereaders, Göteborg Book Fair Concludes

In Global Trade Talk by Hannah Johnson

By Hannah Johnson The Bookseller reported yesterday that Borders now carries six different ereading devices in its stores: the Cool-Er eReader for £189.00, Bebook Ereader for £199.00, Bebook Mini Ereader for £179.00, Sony Touch Ereader for £249.99, and Sony Pocket Ereader for £179.99. The Göteborg Book Fair in Sweden took place over the weekend (24 to 27 September) and the …

Global Trade Talk: Too Early for Christmas; Harper’s It Publisher, Moscow Loves Lectures

In Global Trade Talk by Edward Nawotka

By Edward Nawotka The Target superstore near my house has already put its Halloween merchandise on sale and moved it to make room for…Christmas cards and holiday wreaths. This is the earliest I can ever remember a retailer pushing Christmas product. It’s dismaying, and I’m not alone in feeling so. Earlier this month, Innocent Madawo wrote in the Toronto Sun …

German Buch News: Men Dominate Mobile Web Use; Thalia Adds Digital Interactivity to New Stores

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary New figures on mobile Internet use in Germany have been released by the Arbeitsgemeinschaft Online Forschung (AGOF) [Working Group for Online Media Research]. As reported in the Boersenblatt, the stats, based on a survey of 59 mobile advertisers, revealed that a majority of mobile Internet users are male, young, and educated. Men comprise 60.5% of those who …

Global Trade Talk: Does Indian Fiction Lack Ambition?; Dylan Thomas Prize Goes Annual

In Global Trade Talk by Edward Nawotka

By Edward Nawotka While much of world is enamored with Indian English-language novelists, those at home are not always so impressed. Looking at the shortlist for the Shakti Bhatt First Book Prize, Hartosh Singh Bal expresses his discontent with the current state of Indian fiction in the most recent issue of Open magazine. He asserts that “the literature of this …