Publishers Weekly

Penguin Random House CEO Markus Dohle has relinquished his position at the head of the publisher, “at his own request and on the best of mutual terms,” just weeks after a federal judge blocked the publisher’s attempt to acquire rival Big Five publisher Simon & Schuster. PRH president and COO Nihar Malaviya will succeed Dohle on an interim basis.

Lawyers for Amazon and the Big Five publishers say that a revived class action suit accusing them of colluding to fix e-book prices is not significantly different from the case that was dismissed in September for lack of evidence, and should not be allowed to go forward.

The iconic wooden marionette is given new life in a stop-motion film adaptation of Pinocchio directed by Guillermo del Toro, premiering on Netflix on Friday; we spoke with Caldecott Honoree Vera Brosgol about her work as head of the storyboard department.

Ron Wimberly and Brahm Revel’s graphic biography, 'Now Let Me Fly: A Portrait of Eugene Bullard', captures the remarkable life of Bullard (1914-1961), among the first Black military fighter pilots, and one the most decorated and honored veterans of WWI and WWII by the French government. A nine-page excerpt.

Sales fell 3% at John Wiley in the second quarter ended October 31, largely due to a 14% revenue decline in its academic and publishing learning group. Trouble in the group prompted the company to lower its revenue forecast for fiscal 2023, though its earnings predictions remained intact.

At a UBS media conference earlier this week, Bob Bakish, CEO of Simon & Schuster parent company Paramount Global, said that with the sale to Penguin Random House now dead, the company still plans to divest the publisher, though he didn’t say how or when.

In an open letter to agents and authors, CEO Brian Murray wrote that he feels "we owe you a response" and wanted to "share some additional background" about the state of the company's negotiations with its unionized employees.

Phoenix Publishing and Media Group’s newly launched History of China in Maps series takes a deep dive into ethnic migration. (Sponsored)

U.K.-based Welbeck Publishing has been acquired by Hachette UK for an undisclosed price. Sales at the publisher are expected to top £25 million in 2022.

Bookends & Beginnings in Evanston, Ill., which announced several weeks ago that it was forced to move to another space after its landlord raised the rent 125%, launched a GoFundMe campaign to finance the move.

Total publishing industry sales fell 4.5% through September compared to 2021, with trade sales down 3.3%, at the 1,368 publishers that report revenue to the AAP’s StatShot program. Lower hardcover sales and higher returns were the main drivers in pushing down trade sales.

Ending months of uncertainty, indie graphic novel publisher Oni-Lion Forge Publishing Group has named veteran comics executive Hunter Gorinson as its president and publisher, effective immediately.

The CEO of Worzalla says that with Chinese dominance of the industry threatened by frequent lockdowns and high shipping costs, now is the time for American printers to expand.

Brina will appear in conversation with Elizabeth Joseph of New Rochelle Public Library. The live stream is set for Tuesday, December 6th at 1 p.m. ET.

The weekend after Thanksgiving, indie bookstores across the country were filled with crowds of eager shoppers and the merry sounds of cash registers ringing up sales in spite of concerns about rising prices.

Broadside buys a memoir from Florida governor Ron DeSantis, NBC News reporter Char Adams sells a book on Black-owned bookstores to Tiny Reparations, and more.

In late 1959, Better Homes & Gardens Books took out an ad in PW urging booksellers to stock up on its titles for the holidays.

We spoke with Andrea Chambers, who heads the master’s degree program, about the tools publishing professionals need today.

The pick of our favorite books coming out this week include new titles by Judith Thurman, Sabrina Imbler, and Jane Smiley.

Colleen Hoover's 'It Starts with Us' reclaims the #1 spot overall, while Michelle Obama's 'The Light We Carry,' #2 in the country, tops the charts on the coasts. Plus Nora Roberts closes out her Dragon Heart Legacy trilogy, and romance novelist Ashley Herring Blake returns to Bright Falls.