Far-Flung Regional Houses Hit the Heartland Bull’s-Eye Just one word: scrapbooking. Yes, scrapbooking is the fastest-growing hobby sector in the United States, with sales of related supplies — presumably including books — quadrupling in the past five years to an estimated $2 billion, as the New York Times recently noted, and projected to grow as…Continue Reading
Today’s $50 Lifestyle Books Just Might Be Worth Every Penny Early this year, the illustrated book market was declared dead, or at least mutilated (blame the blood-curdling discount battle between Könemann and Taschen), with high-end art houses such as Abrams, Abbeville, and Rizzoli said to be wallowing hip-deep in a glut of coffee-table books. Just…Continue Reading
Reader’s Digest Revamps Amid Topsy-Turvy Fiscal Forecasts Pleasantville, New York has always been a delightfully apt address for the Reader’s Digest Association. Ensconced there in its bucolic 113-acre campus — the global headquarters for an empire old DeWitt Wallace built on tales of anodyne, American optimism — Reader’s Digest was pleasantry incarnate. For the 100…Continue Reading
PEOPLE Mark Pattis, who had been CEO of Tribune Education, but left in March, right before the division was put on the market (it was just sold to McGraw–Hill), has become an investor. He is a partner in Next Chapter Holdings, a company that invests in a number of areas, including books, magazines, and digital…Continue Reading
