Publishing Round-Up: 21st December 2015.

Creative Scotland budget to fall 3.6%

‘The Scottish government’s draft budget has revealed that Creative Scotland’s funding will be reduced by 3.6% to £32.2m in the financial year 2016/17, Herald Scotland has reported.

The budget will see reductions in spending for Scottish arts organisations from £56.7m in 2015/16 to £52.6m for the financial year 2016/17. At present funding for Creative Scotland is £33.4m.

The government has said it will support in the region of £4m for non-national museums, galleries and libraries.’

Read more about the cuts here.

Publishers’ winners and losers of 2015

UK publishers have revealed in the Guardian the books they loved, missed and envied in 2015.

Canongate MD Jamie Byng highlighted Matt Haig, A Notable Woman: The Romantic Journals of Jean Lucey Pratt and others in his list.


Read more picks from UK publishers here.

Waterstone’s financial turnaround

An article in Slate this week discusses Waterstone’s revival in detail.

‘The company was £170 million (about $260 million) in debt and about to file for bankruptcy when, miraculously, it was rescued by the billionaire Alexander Mamut, a complicated, influential figure in Putin’s Russia who one British broadsheet dubbed “the most powerful oligarch you have never heard of.” Mamut had been talking to Daunt before the sale and immediately brought him aboard to right the ship. “He wanted to make a mark in the United Kingdom, where he had a house, educated his son, and this seemed a positive, beneficial thing worth saving,” Daunt said of Waterstones’ benefactor. “Other people buy football clubs, fund art galleries—this was his thing.”’

Read the article in full here.

Print sales surge in 2015

‘Sales of books, brochures and pamphlets surged 6.7pc last year to £952.6m, adding weight to the argument that e-readers have reached the peak of their popularity.

Since the start of the UK recession in 2008, sales of printed publications and books have risen by an average of 8.6pc each year, according to figures from the Office for National Statistics.’

Read more about the increase in print sales here.

Publishers’ revenue down 2.3% in the US in Jan-Aug 2015

‘Publishers book sales for trade (consumer) books were down 1.1 percent from January to August 2015, as compared to the same time frame in 2014, the Association of American Publishers (AAP) revealed today.

Publisher revenue during the eight-month period was $10.4 billion, down 2.3 percent over last year. The metrics include sales data from more than 1,200 publishers including: trade – fiction/non-fiction/religious, K-12 instructional materials, higher education course materials, professional publishing, and university presses.’

Read more about the decline here.

Campaign takes legal fight on libraries to government

‘A new nationwide library campaign will hold the government to account over its legal responsibilities towards libraries following accusations of “neglect”, “short-term thinking” and “failure to carry out its legal duty to the public”. The campaign also calls on local authorities to put all changes to library services on hold or risk breaching the law.

The Chartered Institute of Library and Information Professionals (CILIP) has launched the My Library By Right campaign which will both “champion the public’s right to libraries” and “hold the government accountable for carrying out their duties under the 1964 Public Libraries Act”.

According to figures from CIPFA, public libraries received more than 265m visits in the financial year to 2015, but despite this “many library services are being put at risk” due to the government’s disregard of the statutory nature of these services, CILIP said.’

Read more about the campaign here.




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