German Buch News: G+J’s Buchholz joins B’mann’s Exec Board

In Feature Articles, German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary Boersenblatt reports that Gruner + Jahr CEO Bernd Buchholz has been named to Bertelsmann’s Executive Board. He will continue as CEO of G+J and will receive no additional compensation for this new role. After a short stint in politics, Buchholz worked for G+J in various capacities starting in the late 1990s and has been CEO since the …

Top US/UK Trade Talk: McGraw-Hill Shrinks; Managers Buy Borders UK

In Feature Articles, Global Trade Talk, News by Edward Nawotka

By Edward Nawotka McGraw-Hill Education has re-organized it’s elhi division and laid off 335 people (after eliminating 445 people last year), reports Publishers Weekly. The wider McGraw-Hill company is eliminating another 210  positions throughout the firm. Publishers Lunch also focused on the lay-offs, noting: “The company’s announcement, however, simply focuses on ‘creating  achievement-focused preK-12 education group to help students develop …

German Buch News: Merkel Commits to Frankfurt, Schwarze Becomes a Chevalier

In Feature Articles, German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary The Boersenblatt reports that Chancellor Angela Merkel is planning to attend the opening of this year’s Frankfurt Book Fair on October 13th.  It is still unclear which political figures will represent Guest of Honor China at the fair, but what is clear is that the opportunity for political and cultural discourse will be a priority. Longtime Aufbau …

German Buch News: Sales Up Slightly, “Psychological DRM”

In Feature Articles, German Buch News, News by Siobhan O'Leary

by Siobhan O’Leary Despite the worldwide financial crisis, the German book market continues to remain relatively stable, says Buchreport. The Börsenverein des Deutschen Buchhandels (German Publishers & Booksellers Association) has calculated a 1.4% increase in sales for the first five months of 2009. Of course, the book industry should approach this news with cautious optimism: In 2008, the German book …