British Book Publishing as a Business Since the 1960s: Selected Essays
The years since the 1960s have seen a period of unprecedented change in British book publishing. This re-shaping has been an irregular process, with trends established in one period being reversed the next only to be taken up again a few years later. In British Book Publishing as a Business since the 1960s Eric de Bellaigue traces this convoluted pattern which has led to the creation of several multi-media groups, and in turn the individual stories of some of the major publishers, such as Collins, Octopus, Chatto, Bodley Head & Jonathan Cape, Associated Book Publishers, and Penguin. The study concludes with an examination of the contrasting profitability of trade publishing groups of different sizes, the expanded role played by venture capital money in the funding of publishing businesses and the impact of conglomeration on literary standards. The prospects for literary agents and self-publishing, as well as the opportunities presented to publishers by developments in digital printing, are also assessed.
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Postwar Mergers and Acquisitions
Imprints under Conglomeration
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achieved acquired acquisition Allen Lane announced appointment assets Associated Book Publishers authors backlist Bloomsbury Bodley Head Booker Prize bought cash chairman Chatto & Windus chief executive children's books Collins's company's considerable consumer book Corporation costs Derek Freeman division editorial educational Faber fiction firm Graham hardback Harper & Row HarperCollins Heinemann Hodder Headline holding Hutchinson Ian Chapman Ian Irvine included interests investment investors Jonathan Cape literary Longman Macmillan managing director Maschler Max Reinhardt merger Michael Octopus Octopus's offer operating margins operating profits Orion ownership Paul Hamlyn Pearson Penguin Peter Mayer position pre-tax profits print on demand publishing groups publishing house purchase Random House Reed Elsevier Reed's retail rights issue role Routledge Rupert Murdoch sell shareholders shares sold stake stock market takeover Thomson titles trade publishing turnover valuation Viking Virago W. H. Smith warehousing Weidenfeld William Collins