It is expected that Penguin Random House will complete the acquisition of Simon & Schuster in the second quarter; HarperCollins completed the purchase of Houghton Mifflin Harcourt’s commercial division on June 30. Illustration: Finance images. Houghton Mifflin Harcourt Books & Media posted $42.7 million in revenue for the first quarter, up 12% year-over-year. Currently, Houghton Mifflin Harcourt has closed its New York office pending the completion of the sale. For its part, HarperCollins posted a 45% increase in profits in the first quarter, with revenue up 19% from the first three months of 2020. Revenue came in at $490 million, while EBITDA hit $80 million. Susan Panuccio, chief financial officer of News Corp (parent company of HarperCollins), said the increase in sales was driven by the general commercial and children’s books industry in the US and UK. Panuccio revealed that printed books accounted for 62% of sales in the quarter. In terms of format, sales of e-books increased by 38% and audiobooks increased by 42%. In a short financial update, Bertelsmann (the parent company of Penguin Random House) said that Penguin Random House was one of several divisions of the company that posted double-digit growth in the first quarter compared to the same period of 2020. Simon & Schuster is currently decommissioned, pending acquisition completion. Simon & Schuster’s parent company, Viacom CBS, had $185 million in revenue, up 8.8% from the first quarter of 2020. Jonathan Karp – CEO of Viacom CBS – reported that the biggest increase came from the international division. publisher economy, where revenue increased 21%. In which, sales of audio books increased sharply (17%). Some outstanding books in 2020. Photo: Nytimes. Hachette Book Group is one of the 5 largest trade publishers in the US. In the first quarter, Hachette’s revenue grew 9.1% year-on-year. Michael Pietsch, Hachette CEO, said the increase was driven by sales of hardcover books. Hachette’s distribution business, he noted, has seen double-digit growth. Hachette’s total revenue reached 509 million euros (about 619 million dollars). In addition to the increase in book sales in the US, Hachette’s sales also increased in France and the UK, offsetting declines in the Spanish and Latin American markets. Hachette’s digital books performed well in the first quarter, but e-books only accounted for 9% of total sales. The share of audiobook sales fell to 4.6% from 5.9% in the first three months of 2020. Despite the growth compared to 2020, US publishing units are cautious about developments in the coming time. As more professions reopen, consumers have more options besides reading.

Accordingly, Pan Macmillan bought the global copyright (except for Vietnamese in the Vietnamese market) and sold the copyright to 5 countries including the US, Korea, China, Norway and Turkey. Private Wild Chang – Bear copyrighted by Kim Dong Publishing House and was released in March 2020 in Vietnam. The copyright representative of Kim Dong Publishing House said that it only took the two sides about 6 months to negotiate and come to an agreement to come up with suitable terms. The book Chang Wild – The Bear features more than 120 hand-painted paintings entirely in watercolor by artist Jeet Zdung. Photo: K.D. Wild Chang – Bear is the first volume in a series of comics by wildlife conservationist Trang Nguyen. The book tells the journey of Chang – a small girl with a burning dream and a desire to protect the survival of wild animals that are being pushed to the brink of extinction due to the bad effects of humans. . From meeting Sorya, a sun bear who was successfully rescued by the Bear Rescue Center from wildlife traffickers, Chang made up his mind to bring Sorya back to nature. Author Trang Nguyen shared: “This is a comic book about wildlife conservation that I and my artist friend were very passionate about, cherished for more than two years before starting to draw. In order to draw this first storybook, I “send” my artist friend to stay at the bear rescue center of the Free the Bears organization to observe, learn and most importantly feel about bears. rescued from farms that keep bears for bile, and even tiny cubs a few weeks old that are kidnapped and sold as pets.” And the result of more than two months of that experience is 120 vivid and realistic hand-painted watercolor paintings by artist Jeet Zdung. This book, not only tells the story of one person, but it also moves people’s hearts about the life of all species, the importance of nature, warns of the unpredictable harms of deforestation, killing of animals. wild animals. Wild Chang – Bear will be published in the UK next September with the English title Saving Sorya: Chang and the Sun Bear. The English version of Chang Wild – Bear will be published this September in the UK. Photo: K.D. The second book copyrighted by Pan Macmillan from the author Trang Nguyen is Saving H’non: Chang and the Elephants will be released in 2022. The series, based on true stories, follows the grown-up Chang rescuing an elephant that has been carrying passengers for 50 years. Russel McLean, a representative of Pan Macmillan, shared on the publisher’s website that he was excited to buy the rights to these two works by Trang Nguyen and Jeet Dzung. The stories about the little girl Chang will suit all young readers, animal lovers, those who love to explore and are ready for adventure into the natural world. Pan Macmillan is one of the major publishers in the UK as well as in the world, operating in 70 countries. Two books Wild Chang will be published under Pan Macmillan’s Macmillan Children’s Books in the UK, and Penguin Random House’s Dial Books in the US.

By acquiring Houghton Mifflin Harcourt, HarperCollins will be better able to compete in the publishing industry. Photo: Richard Drew / Associated Press. Robert Thomson – CEO of News Corp – said welcome: “We welcome the talented team of Houghton Mifflin Harcourt to HarperCollins, especially at a time when so many people in many places are reading and listening to books. “. “We look forward to new and exciting opportunities as we chart a stronger future together,” said Brian Murray, President and CEO of HarperCollins. He thinks that merging two publishing companies, each with a long list of literary works, will be the focus of team cohesion. Houghton Mifflin Harcourt owns a list of more than 7,000 titles and has many important works in the lifestyle and children’s segments. Many famous books by Houghton Mifflin Harcourt help to generate high profits such as: Curious George, The Polar Express, Little Blue Truck and The Little Prince … HarperCollins will acquire the English rights to JRR Tolkien’s novels and films, including Hobbit guy and The Lord of the Rings . Illustration by JRR Tolkien in the upcoming edition of The Lord of the Rings. Photo: The Tolkien Estate/Harper Collins. Houghton Mifflin Harcourt’s audiobook business is also thriving, which is expected to boost HarperCollins’ audiobook sales. Before that, the sheet New York Times commented that by acquiring Houghton Mifflin, HarperCollins will be better able to compete as the publishing industry is being dominated by “big players”. In recent years, the book business has witnessed the consolidation of a number of large publishing units. In 2020, ViacomCBS agreed to sell Simon & Schuster to Penguin Random House for more than $2 billion. The deal attracted the attention of antitrust regulators and raised concerns among booksellers, authors and agents. The deal of these two book giants is not yet completed. HarperCollins is the second largest publisher of consumer books in the world. In the first quarter of the year, HarperCollins saw revenue growth of 19% year over year. Headquartered in New York, HarperCollins has publishing operations in 17 countries. This unit has more than 120 publishing brands around the world. Each year, this unit publishes about 10,000 books, print and digital catalogs more than 200,000 works.

These numbers indicate a dramatic transformation from the eBook market. Data from the Department of Publishing, Printing and Publishing show that, if 213 electronic publications are registered in 2018, by 2020 there will be 2,050 publications with 1.5 million hits; From 5 publishers with confirmed registration of publishing and e-publishing activities in 2019, this number has increased to 9. “Digital transformation is an inevitable trend in the present time. We are digitizing rare and unique documents, which no longer have the period of copyright protection to serve users to different degrees. The number of publications that we digitized is about 10,000 copies, not including newspapers and magazines. We have updated the library’s website so that readers can read books at home ”, said Mr. Bui Xuan Duc, Director of the Library of General Science of Ho Chi Minh City. Mr. Nguyen Nguyen, Director of Publication, Printing and Publishing Department, Ministry of Information and Communication, said that there are 3 phases in digital transformation. Vietnamese publishers are entering phase 2 when some places have started to use technology to create new products, but have not completely transformed into a digital publisher. However, according to Mr. Nguyen Canh Binh, Chairman of Alpha Books Company, the current publishing units only produce content and still weak in technology. “The development of a commercial platform that is large enough and has a stature must rely on publishers or technology units, while the publishing side should only play an associate role”, Mr. Binh said. From global publishing, it is possible to identify the major changes of the industry in the face of the 4.0 revolution. Photo: Quy Hoa. According to Mr. Nguyen Nguyen, from global publishing, it is possible to identify the major changes of the industry before the impact of the 4.0 revolution. The first is a shift in publishing models and processes: new models will emerge, where the focus of the publisher is not just the product itself, but the customer-oriented processes. Publishers move from the role of producer, creating products to the role of providing content and information services to connect readers with authors. On the contrary, some information service providers will take on the field, becoming the “midwife” of each publication. The market noted that there are 3 parallel publishing models that exist: the traditional model, focusing on printing, printing works (for big brands); media models of creating and distributing content across different channels (for corporations holding Big Data and distribution networks); model of creating content services based on digital platform and customer network (model of the future – model 4.0). The development of editorial companies in Japan and Korea in their roles helping publishers and authors has shown signs of an early shift to model 4.0. In addition, there is an individual direct publishing process. In electronic format, through Big Data infrastructure holding companies, the author gives his work directly to readers without going through the publisher. This means that the center of the publishing process at the moment is the media corporations that hold the Big Data infrastructure. Besides, after the decline of independent reading devices, a new line of e-books on smartphone app stores on the Apple Store or Android Store. The 4.0 revolution opens a new turning point in the speed of sharing and spread. The stages of traditional publishing will be minimized so that the product reaches the most readers, in the fastest time. The current regular work of editors has been replaced by specialized software. The revolution will also help save circulation costs, leading to lower costs of publications, minimizing environmental pollution and storage space.

In Hoan Kiem district, there is a book street that attracts a large number of people, which is the book street 19-12. This street was formerly known as Am Phu market (market 19-12). At one point, this was also a car park for offices and offices. About 200m long, 19-12 book street has one end connecting Hai Ba Trung street, the other end connecting to Ly Thuong Kiet street and next to the City People’s Court. Hanoi. Officially opened from May 2017, the 19-12 book street is not only a place to sell books but also a cultural space, where events such as introducing new works, meeting and talking with authors. Book street symbols 19-12 at two ends of the street. 19-12 book street is designed quite nicely to create an extremely spacious and airy space. This small street is also the home of 16 famous bookstores such as Kim Dong, Dinh Ty, Nha Nam, Thai Ha Books, Phuong Nam … This is also the convergence of many good books and books. of famous domestic and international publishers. The first sign for us to recognize the book street space is the presence of two book street symbols at the ends of two streets. Walking on the clean gray stone paved road, readers can admire the neatly arranged books on wooden shelves. The convergence place of many famous publishers. According to Ms. Nguyen Hong Van (in Hai Ba Trung district), the books here are divided into many categories such as children’s story books, foreign language books, foreign novels, Vietnamese literature … so readers will not have to. it takes time to search: “My daughter and I have to go 3-4 times a week because the house is close by. I love reading and also want to inspire my daughter ”. Many new books are interested by readers. In the middle of the street is a small square. This is the place that often organizes exchange activities, seminars and introduction of books of domestic and foreign authors. For the convenience of sightseeing, the book street has equipped 2 public electronic information search stations and e-books to help readers and visitors learn thoroughly about the history, culture and tourism of Hanoi. “I find the reading space here is very relaxed, civilized and modern. In addition to reading books, I also have fun and drink coffee with my friends ”- Ms. Nguyen Linh, from Cau Giay district shared. Many young people come here to buy books. To avoid the inconveniences of the narrow space inside the booths, each publisher arranged small chairs for readers to read and also to visitors to sit and rest. Therefore, here will not have to compete, crowded seats to rest or fear anyone complaining about sitting for long because it is completely free. According to Ms. Nguyen Thi Hoa, the first impression that anyone can easily see is the uniqueness of the decoration of the bookstores, the wooden chairs dotted with the green color of the trees. brilliant flowers. On the weekends, many readers have come to the book street. When we come to the book street, we will enjoy a quiet space and immerse ourselves in the world of good books, famous, is the specialty that makes this unique street. Not only a destination for genuine “bookworm” people, Book Street 19-12 is also a famous tourist destination that many tourists visit from all over the world.

In the latest published report by the publisher Shueisha, the manga series Jujutsu Kaisen Author Gege Akutami has more than 45 million copies in circulation, both printed and digital, as well as unsold copies. Specifically, the number of releases of Jujutsu Kaisen hit milestones of 8.5 million (early October), 10 million (October 29), 15 million (December 16), 20 million (January 13), 25 million (January 26), 30 million ( February 9), 35 million (March 4), and most recently, 40 million on March 31. Jujutsu Kaisen cover volume 15 and prequel. Photo: Mantan-web.jp. According to the report above by Shueisha, volume 15 of this manga has reached 1.5 million copies in its first release. This is considered a record milestone for the extremely popular young comic at the present time. Jujutsu Kaisen by author Gege Akutami first launched in March 2018 in the magazine Weekly Shonen Jump by Shueisha and is published in English by Viz Media . Up to now, Jujutsu Kaisen has published 15 volumes and all are well received by the public. It is known that the anime adaptation of Jujutsu Kaisen premiered on October 2, 2020 and has 24 episodes. Still Jujutsu Kaisen 0: The Movie , a new animated film in the form of a franchise, scheduled to open in winter 2022. The film is based on the prequel part, Jujutsu Kaisen 0: Tokyo Prefectural Jujutsu High School by Gege Akutami.

The National Online Book Fair 2021 takes place from April 17 to May 15 at book365.vn Compared with the first year organized in the online form, the 2021 Book Association has many new and more attractive features. In which, there are about 70 publishing and publishing units in the country (an increase of nearly 20 units compared to 2020), nearly 30 foreign units, bringing nearly 20,000 good books, newly provided books over 30,000. printed book titles, e-books (an increase of nearly 15,000 book titles compared to 2020) for readers. All books are beautiful and copyrighted publications. Especially, at this year’s event, the Ebook book space and the copyright exchange were piloted to connect domestic online publishers with readers; as well as creating a space for cross-border exchanges between domestic and foreign publishers, creating opportunities to connect, search and transact valuable book copyrights through the application of the latest online 4.0 technology. . This year’s online book fair has made many improvements to its interface as well as technology to create a space for readers to search and select books, and create conditions for units to participate in book exchanges and exchanges. copyright translation is more favorable. In addition, many seminars, online exchanges between authors, researchers, publishers and readers aim to spread the love of books to readers. According to Mr. Nguyen Nguyen, Director of the Publishing – Printing and Publishing Department (Ministry of Information – Communication), Head of the Organizing Committee of the National Online Book Association 2021, this year’s event continues to be an important stepping stone to bring culture. reading activities as well as publishing activities step by step step into digital transformation, apply technology, create habits for readers to experience books on a digital platform. At this same point of view, many publishers believe that while translating COVID-19 has many potential risks, as well as the strong development of the 4.0 technology revolution, the organization of the Online Book Association is the right direction. appropriate, in accordance with the trends and needs of the reader. For publishers, book publishers, book companies … joining the Online Book Association helps them save on site and human costs, and at the same time, promote books more widely to the community. Meanwhile, readers in all parts of the country, especially in places where there is a shortage of books have the opportunity to access, experience digital books, buy useful books without wasting time, instead It only takes a “click” on the computer screen or smart phone, then you have owned the book you want to buy. Up to now, the National Book Association has taken place for the 7th time, annually held to celebrate Vietnam Book Day April 21. This event was jointly organized by the Ministry of Information – Communications, the Central Propaganda Department, the Ministry of Culture, Sports and Tourism and other units to encourage and develop the reading movement in the country. In 2020 and 2021, the National Book Association will be organized in the online form, on the e-floor https://book365.vn of the Ministry of Information and Communications. Over the past 7 years, whether taking place on the electronic floor or on the field, the National Book Association has also received the attention of book lovers and the community, contributing to enhancing the position and role of books in social life. This is also an opportunity to honor readers, participate in composing, publishing, collecting and storing books; to uphold the responsibilities of all levels and branches for the construction and development of reading culture.

However, that is just the surface, but in depth, the online book fair also has many meanings that are not easy to count. 51% of readers buy books from localities outside Hanoi and Ho Chi Minh City; many books to readers in remote, mountainous, island areas and a large number of books are ordered in the fields of politics, science, technology … from the national online book fair last year. showed that this activity satisfies the needs of readers, filling the gaps of existing books in many localities; contribute to building knowledge sources and multiplying positive values ​​for society. In that sense, publishers and publishers need to take the initiative and further improve their professionalism in organizing online book associations in particular and selling books online in general. At the same time, the interests of readers must be put first; have an effective solution to make the online sales channel a reliable place; the book must be of quality, reasonable price and closely follow the tastes of readers. Improving the quality of online book associations as well as online sales channels is a requirement from practice. Therefore, publishers and publishers need to apply advanced and modern technology when opening e-commerce transaction sites as well as simple and suitable payment methods to facilitate all participants. family. From participating in online book associations, publishers and publishers should consider this as the process of accumulating and adding experience to improve the professionalism in digital conversion. Also through this activity to promote the brand, learn the needs and habits of readers, thereby better serving the needs of the market. On the part of readers, besides taking advantage of the advantages and benefits of technology in researching, selecting and buying books from online book associations, it is necessary to be more active in the fight against pirated and non-pirated books. have a copyright … Especially need to have a decisive attitude, not be cheap, but support the fake online book selling sites, contributing to the health of the book market. The excitement of online book associations these days is more and more affirming the right direction in planning a strategy to bring publishing activities and reading culture to digital technology. This inevitable change not only helps publishers and publishers catch up with the development of the times, but also allows books to fulfill their mission of fostering a reading culture, which is “books for everyone”.

This online book fair has attracted more than 70 domestic publishers and publishers to join the book exchange, over 50 domestic and international publishers participating in the book copyright exchange, with over 20,000. title with hundreds of thousands of books for readers. During this event, the Online Book Association has made many improvements in the interface as well as technology techniques to create a space for readers to search and select books, and create conditions for units to participate in the exchange. book translation and Copyright exchange facilitates connection and transaction. Within the framework of the Book Association, many events, seminars and online exchanges between authors, translators, researchers, and publishers will be organized with readers. At the same time, the Book Association also implements a number of attractive programs: book discounts for all customers; exemption or reduction of shipping charges for domestic customers; For remote and economically difficult areas, subsidize 50-80% … Sharing at the press conference, Mr. Nguyen Nguyen – Director of Publishing, Printing and Publishing Department said: “If in 2020, with the situation of Covid-19 translation, we organize an online book fair in a situation of However, when entering the organizing stage, the units realized that this playground should continue to be more regular and professional. That is why this year there is no reason not to deploy “. Mr. Nguyen Nguyen, Director of Publication, Printing and Publishing Department speaking at the opening press conference of National Online Book Association. Mr. Nguyen also affirmed that the National Online Book Association is an important stepping stone to bring reading culture as well as publishing activities and approach readers step by step into the trend of digital transformation and technology application. “Digital transformation is almost an imperative for all industries today, and publishing is no exception,” he said. Therefore, creating a playing field from which units move towards digital transformation is very important ”. It is expected that from April 17, 2021 to May 15, 2021, the Online Book Association will take place on Book365.vn with many exchanges and seminars related to the content of introduction and exchange of literature reading chemistry, digital transformation in publishing and reading approach in the industrial age 4.0, introducing authors and works to readers …