![]() ![]() Just about two weeks after Hoover’s latest bestseller hit shelves, a federal judge sided with the Department of Justice in its lawsuit to stop the company’s acquisition by America’s largest book publisher, Penguin Random House, a deal that would have turned the nation’s Big Five publishing houses into the Big Four, giving PRH a 49% share of the marketplace. That’s to say nothing of Colleen Hoover, the TikTok-propelled book-sales behemoth who has helped make S&S, as one veteran publishing source put it, “by far the most profitable company in the industry.” Hoover’s new novel, It Starts With Us, dropped on October 18, immediately becoming, in the words of CEO Jonathan Karp, a “worldwide publishing phenomenon and #1 bestseller in all of Simon & Schuster’s international territories.” At the time of this writing, it was number one in most-sold fiction on Amazon and number one on the Times’ best-seller list for combined print and e-book fiction, with Hoover continuing to hold the top five slots for paperback trade fiction.Īnd yet, despite these successes, and regardless of its market strength-which will no doubt get an extra jolt from the holiday shopping season-S&S is closing out 2022 amid a cloud of uncertainty. ![]() ![]() New books from Bob Dylan and Mike Pence have been lighting up the best-seller lists, as has Jennette McCurdy’s I’m Glad My Mom Died, now enjoying its 14th week in the upper echelons of The New York Times’ top nonfiction releases. Simon & Schuster has plenty to be thankful for this Thanksgiving. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |