Fewer Twentysomething Readers in Germany

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary A study conducted by the Börsenverein des Deutschen Buchhandels (the German Publishers and Booksellers Association), revealed the percentage of 20- to 29-year-olds who “read daily” or “more than daily” dropped from 37 to 33%.  The same group, one which grew up using computer technology and the Internet consider themselves as Internet users first and readers second.

November Sales Reversal in Germany

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary Book sales in Germany for the month of November were down by 5.3%, according to buchreport, and thus jeopardize cumulative gains made over the course of the year. At the end of eleven months, sales for the year as a whole are up a mere 0.9% over last year. December usually accounts for more than double the …

Two of Five Germans Bought Books Online in ’09

In German Buch News by Siobhan O'Leary

By Siobhan O’Leary The Arbeitsgemeinschaft Online Forschung (AGOF)—the Online Research Study Group—reports that 39.6% of German Internet users have bought books online in the past year. That number is up 2.4% over last year’s results and makes books the most-purchased product online, directly ahead of tickets to events (33.3%) and music (25.2%). As reported in the Boersenblatt, those in the …

After Six Years, Germany’s KiWi Cashes In on Infinite Jest

In Europe by Amanda DeMarco

By Amanda DeMarco COLOGNE: It was “not self-evident” that David Foster Wallace’s Infinite Jest would enter the German literary world, says Helge Malchow, publisher at Cologne-based Kiepenheuer & Witsch (KiWi). Buchmarkt named Malchow Publisher of the Year in 2005, the same year a Welt Online article called him “the Bismarck of German publishing, its lord and savior.” About 50% of …

German Trendsetters at Klett-Cotta on the Benefits of Being Big

In Feature Articles by Amanda DeMarco

By Amanda DeMarco STUTTGART: Michael Zöllner isn’t sentimental about his days as an independent publisher. He and his partner Tom Kraushaar led Tropen Verlag autonomously until January 2008, when it merged with the larger Stuttgart-based Klett-Cotta Verlag. Tropen, which published 10 to 12 titles per year, became an imprint of Klett-Cotta and the two became CEOs of Klett-Cotta’s list and …

Bonus Material: Indie vs. Corporate Publishing, Is the Choice Still Relevant?

In Discussion by Edward Nawotka

By Edward Nawotka In today’s article about German publishing house Tropen’s transition into the folds of the much larger Klett-Cotta, executive Michael Zöllner stressed that the move was, by-and-large, a positive one. “The element of trust, combined with greater possibilities and safety [as a business] aren’t contradictory with independence, they’re an improved concept of it,” he said. “With Tropen we always …

Global Trade Talk: Global Reactions to the Revised Google Book Settlement Range from Praise to Resentment

In Global Trade Talk by Edward Nawotka

By Siobhan O’Leary and Ed Nawotka The revised Google Settlement has sparked a number of reactions, but notably, the strongest have been from Europe. Publishers Weekly explains that the revisions limit the settlement “to books that were either registered with the U.S. Copyright Office or published in the U.K., Australia or Canada,” thus limiting the agreement to the “four countries which …

German Buch News: Swiss Doubt Over Fixed Prices; iRex Promises Color Reader

In German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary In Switzerland, the financial crisis has reignited the debate over fixed book pricing, which was expected to go into effect in 2010. Now, in an interview with the Boersenblatt, Dani Landolf, Director of the Schweizer Buchhändler- und Verleger-Verbands (SBVV) (Swiss Booksellers and Publishers Association, says politicians are backing off their commitment to the policy, due in large …

German Buch News: E-book Prices; Suhrkamp’s American Editor

In German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary The launch of B&N’s e-book store has sparked renewed debate about e-book pricing in Germany.  Head of Libreka Ronald Schild told buchreport that the price debate will really get started at the end of the year, when German publishers are expected to release far more bestsellers as e-books. German e-books are typically priced around the same as …

German Buch News: Bertelsmann Pay Cuts, Twitter Usage Up

In Feature Articles by Siobhan O'Leary

By Siobhan O’Leary Executives at Bertelsmann’s Gutersloh headquarters were recently hit with diminished bonuses (as much as 50% lower in some cases) and salary cuts. Now, the pay cuts are affecting other employees at Gutersloh, says Buchmarkt. They will not be seeing the 2.5% pay scale increase that was planned for this month, and employees being paid over and above the …