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Publishing Sales Up in First Half of 2024; TouchPoint Press Shutters Following Author Complaints

Highlights of the week's publishing news from Publishers Weekly.

PW Freedom To Read: Special Issue
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September 22, 2024
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Upward, Onward
With autumn around the corner, the news cycle is continuing apace. A new AAP report found that publishing sales in the first half of the year were up 5.6% over 2023. Following dozens of author complaints about the poor business practices of TouchPoint Press, the Authors Guild said that TouchPoint founder Sheri Williams will make things right with authors and and close the press. Six major academic publishers were hit by an antitrust lawsuit accusing them of exploiting the peer review process for financial gain. PRH created a new position to fight the battle over book bans on a new front beyond the courts: policy. With conference season well underway, booksellers in New England and California convened on opposite coasts for their respective fall trade shows. The shortlist for the Booker Prize was announced, and included American authors Percival Everett and Rachel Kushner. And industry associations began prepping their members ahead of the new European Union Deforestation Regulations, set to kick in later this year.
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Actress Kelly Bishop was joined by her S&S team as she stopped by 'CBS Mornings' on September 16 to discuss her memoir 'The Third Gilmore Girl' (Gallery Books). Pictured (from l. to r.) are Bishop, editor Hannah Braaten, publicist Lauren Carr, editorial assistant Sarah Schlick, publicist Lucy Nalen, and Bishop's agent Robert Atterman. (Courtesy Gallery)
According to AAP's StatShot program, industry sales were up 5.6% in the first half of 2024. Sales of adult titles rose 6.7%, but sales in the children's and young adult segment fell 2.7%. more
After hearing from dozens of authors about the poor business practices of TouchPoint Press, the Authors Guild has reached an agreement with founder Sheri Williams to pay authors overdue royalties, revert rights back to any author who has not yet received them, and close the press. more
The suit accuses six major publishers of establishing a cartel through its international trade association, STM, and using the peer review process to "unlawfully divert billions of taxpayer dollars every year from science to the Publisher Defendants." more
Rosalie (Rosie) Stewart, most recently manager of grassroots communications for the ALA's Public Policy and Advocacy Office, will join the publisher as senior manager for public policy, reporting directly to PRH VP Skip Dye, a key move that signals the publisher's intent to expand its battle against book bans beyond the courtroom. more
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