While other areas of the publishing industry are shrinking, audiobooks are its fastest growing segment, enjoying $1.2 billion in annual sales, according to figures reported by the Audio Publishers Association (APA) in 2012. By comparison, annual audiobook sales in the late 1990s were just $480 million. It’s a niche that’s rapidly going mass-market.
Readers’ advisory resource NoveList will now offer audiobook recommendations through NoveList Plus. The new audiobook features include lists of recommended titles and listen-alike recommendations. Users can browse or search for audiobook information and will have search options by length of audio, format, and audio characteristics. Listeners will also be able to access audio samples and read reviews from trusted professional review sources.
News Corp, a global, diversified media and information services company, announced that it will acquire Harlequin Enterprises from Torstar Corporation for C$455 million in cash (or about $414,843,065 in U.S. dollars). The closing is expected to be completed by the end of the third quarter of calendar year 2014, subject to standard closing conditions, including […]
You’d better pack your comfy shoes. Not only is New York a walking city, but the programs and exhibits at the Jacob K. Javits Convention Center and elsewhere during BookExpo American (BEA) will keep you busier than a Saturday at the library. Before the show proper begins, LJ and sister publication School Library Journal (SLJ) will each host our annual Day of Dialog (DoD) event at the McGraw-Hill Conference Center. The panels, presentations, and signings at DoD are highlights of our year, and the 2014 lineups are particularly rich.
Collection development starts with the budget. In Cuyahoga County, OH, that means the library’s executive team, led by Director Sari Feldman, and administrative team, led by Deputy Director Tracy Strobel, sit down and crunch the numbers. Once Wendy Bartlett, collection development manager, gets the resulting figure—some $8.5 million this year—she must divvy it up into all the various subjects, genres, and formats necessary to serve best the library system’s 28 branches and 884,035 cardholders—and maximize circulation of its materials, which reached 20,613,810 in 2012.
Among the hottest trends in collection development are tools that help libraries more efficiently crunch their numbers to make data-driven decisions. But while the tools are new, using data to make selections is not. Data-driven decisions have been on the rise in libraries for years. Anna Mickelsen, Springfield City Library, MA, explains why she uses data for collection development: “I use stats to get a look at the bigger picture of the whole library’s collection and how the different parts compare to one another. Collection decisions shouldn’t be made in a vacuum, and statistics are sometimes the only solid information I have to work with.”
Evidence suggests that the downturn in the market for magazines caused by rising popularity of online media and the great recession has bottomed out and may soon begin to turn around. Growth in subscriptions is slow and newsstand sales continue to suffer, but nevertheless there are signs of stability in the market. As of March 1, Mediafinder.com had identified 198 launches for 2013. This compares to 227 magazines launched in 2012 and 239 launched in 2011. The shrinking rate of growth, however, is somewhat offset by the number of cessations. Mediafinder identified 87 magazines that ceased publication in 2013. That compares to 82 closures in 2012 and 152 in 2011. So the 2013 statistics are better on balance than 2011’s and only slightly worse than the figures for 2012.
Year after year, mystery remains the number one circulating genre in libraries, as LJ’s annual materials buying survey reveals. While fans have their favorite cozy, police procedural, or historical thriller, the increasing number of releases that allow readers to cross the boundaries from one genre to another in the same book proves that today there is no one true way of presenting this beloved genre.
Founded in 1934 and now celebrating its 80th anniversary in a big way, the Academy of American Poets aims to support American poets and foster an appreciation of contemporary poetry through readings and events, an extensive awards program, a three-day forum each fall, the biannual American Poet magazine, a jam-packed website, a Poetry Audio archive […]