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 …

German Buch News: Praise for Google Settlement Delay; Frankfurt as a Refuge

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary The Börsenverein (German Publishers and Booksellers Association) and VG Wort held a press conference yesterday in Frankfurt to discuss the implications of the postponement of a Google Settlement “fairness hearing” originally scheduled for October. The Boersenblatt reports that Alexander Skipis, chief executive of the Boersenverein, was delighted about the rejection of the Settlement in its current state …

German Buch News: Online Ads Hit €4bn; DK’s München E-book

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary The Online-Vermarkterkreis (OVK) [Association for Online Marketers] predicts that the online advertising market in Germany will increase by 10% in 2009 to more than four billion Euros. As reported in the Boersenblatt, the OVK estimates that the percentage of the total advertising market devoted to Internet advertising will climb by 2%, to 16.6% — in third place …