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US book sales fall in 2009
Full-year figures show that book sales in the US fell by 1.8% in 2009.
Borders US lives on as financing renewed
Borders US has had a reprieve from its financial woes, with two new financing deals totalling US$790 million saving the book retail chain from entering Chapter 11 bankruptcy.
Borders US lays off store staff
After recent announcements of more head-office cuts, Borders US has also begun laying off shop-floor staff in branches across the US.
Borders US 'delays payments to small publishers'
Following dismal holiday sales in the US, some smaller publishers are concerned that Borders US is 'playing favourites' and is delaying payments to some publishers.
Canada's McNally Robertson enters bankruptcy
Canadian indie bookseller McNally Robertson has entered bankrupcy and will close at least two of its four stores.
No buyers for Borders UK stores
Administrator MCR failed to find any buyers for Borders' 45 UK stores, meaning that all branches closed in the week before Christmas with the loss of over 1000 jobs.
UK authors angry at being 'publishing's whipping boys'
The UK Society of Authors (SoA) is to explore options for urgent collective action against the cuts in author advances, with confirmation from agents that author advances were being cut by as much as ...
Will Frankfurt exhibitors fall to under 7000?
On the eve of this year's fair, will exhibitor numbers at Frankfurt fall to under 7000?Or will last-minute bookings get numbers up to match previous years?
Authors taking pay cuts as advances fall
UK authors have seen their advances drop over the past year, with some facing cuts of as much as 50% on new book deals. Iain Banks spoke publicly about taking a pay cut, telling the Guardian: &qu...
UK publishers cancelling books to cut costs
Authors and agents have expressed concerns that UK publishers are cancelling contracted books in order to cut costs.
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