Jim Milliot

New York

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Articles

HarperCollins Boss Weighs In on the Economy, Big Tech

6 days ago | publishersweekly.com | Jim Milliot

The release of HarperCollins’s third quarter results by parent company News Corp on May 8 was accompanied by News Corp CEO Robert Thomson’s observations about the realignment of the company the current economy, and the integrity of Big Tech.
Circana Bookscan Report Sees Favorable Near-Term Outlook for Books

1 week ago | publishersweekly.com | Jim Milliot

Although looming impacts of tariffs and declines in consumer confidence could lead to decreases in discretionary spending, books may be better positioned than other goods to benefit from these changes, a new offering from Circana BookScan suggests. Circana Bookscan’s biannual Future of Books report combines point-of-sale forecasts with consumer insights to help publishers, retailers, and other publishing industry members predict future sales trends and market shifts over the next three years.
Simon & Schuster Taps Jonathan Merritt to Build a Religion List

1 week ago | publishersweekly.com | Jim Milliot

Looking to take advantage of the ongoing interest in religion books, Sean Manning, president and publisher of the flagship Simon & Schuster imprint, has hired Jonathan Merritt as VP and executive editor. Merritt begins at S&S on May 12 with a remit to build a list specializing in faith, religion, and spirituality titles.He will report to S&S VP and editor-in-chief Priscilla Painton. Merritt has a deep and wide-ranging background in religion and media.
Globe Pequot Makes Third Acquisition this Year

1 week ago | publishersweekly.com | Jim Milliot

In its second acquisition in two weeks, the Globe Pequot Publishing Group has acquired Bower House Books, an independent book publisher based in Denver. Founded in 2002, Bower House has a backlist of about 100 titles across three imprints, Conundrum Press, Johnson Books, and Trails Books. Bower House’s list focuses on the American West in such areas as cooking, gardening, fiction, history, Native Americans, the outdoors, and travel.
Tariffs Cloud Amazon’s Financial Outlook

1 week ago | publishersweekly.com | Jim Milliot

First quarter sales for Amazon rose 9% in the period ended March 31, 2025, increasing to $155.7 billion from $143.3 billion a year ago. Net income, driven by huge profits in its cloud services businesses, AWS, soared 65% to $17.1 billion. Despite the solid results, Amazon, like many American businesses, expressed some uncertainty about the future, largely due to how tariffs will affect prices and consumer spending.
Report Explores Customer Patterns at B&N, The Ripped Bodice

2 weeks ago | publishersweekly.com | Jim Milliot

With tensions between Barnes & Noble and independent bookstores on the rise as the retail chain continues its most aggressive new store opening efforts in a decade, a new report shows how specializing in certain niches can help indies distinguish themselves from rivals. The report, called Love in the Time of Bookstores, is by Placer.ai, a market intelligence firm whose services include store foot tracker analysis.
Diamond Says It Has Reached a Deal with Universal, Ad Populum

2 weeks ago | publishersweekly.com | Jim Milliot

In a press release issued yesterday, Diamond Comic Distributors said that the U. S. Bankruptcy Court for the District of Maryland has approved a combined bid by Universal Distribution and Ad Populum to acquire the assets of the bankrupt company. The two companies had filed a joint bid for $69.1 million for all of Diamond’s assets with the exception of Diamond UK, an offer that was topped by Alliance Entertainment, whose offer eventually reached $85 million.
AAP Study Shows Benefits of Inclusive Access Programs

2 weeks ago | publishersweekly.com | Jim Milliot

Approximately four months after the Association of American Publishers helped to defeat a plan by the Department of Education to switch inclusive access programs for college students from an opt-out to opt-in model, thereby threatening the programs’ viability, the AAP has released a report detailing the positive impact of inclusive access.
S&S Inks Joint Venture with Urano World Publishing

2 weeks ago | publishersweekly.com | Jim Milliot

In another effort to meet its pledge to expand its international and foreign-language publishing program, Simon & Schuster has entered into a joint publishing arrangement with Urano World Publishing Group, one of the biggest independent publishers in Spain and Latin America.
More Headaches for Diamond Comic Distributors

2 weeks ago | publishersweekly.com | Jim Milliot

In separate filings made in the U.S. Bankruptcy Court for the District of Maryland, the future of Diamond Comic Distributors grew murkier and more fraught. The first motion was made by Matthew W. Cheney, acting U.S. trustee for region four, who filed a motion on April 28 asking the court to convert Diamond‘s Chapter 11 bankruptcy proceedings to Chapter 7, or to dismiss the case.