PRH Sees Earnings Drop in 2016; Things Get Political at PEN Awards

[PW Daily: Breaking book business, bookselling and author news, bestsellers lists and publishing deals.] [The Sales Manager's Guide to Greatness by Kevin F. Davis]( [Sales, Earnings Fell at PRH in 2016]( The lack of a mega-bestseller was one factor in the 9.6% drop in revenue at Penguin Random House in 2016; earnings in the year fell 3.6% compared to 2015. Operating margins, however, improved to 16.0% in 2016, up from 15.0% in 2015. [more »]( [At PEN Awards, A Scaled-Up Atmosphere and Political Bent]( PEN America hosted its annual literary awards in Manhattan on March 27 in a ceremony the organization hoped would be "celebration of literature on par with awards shows for other art forms," and which saw its biggest honors of the year bestowed. [more »]( [DC Entertainment Goes All-Out in Marketing Rebirth Book Collections]( After a wildly popular comic book launch in the direct market, DC is looking for a second wave of success in the bookstore market with a line of trade paperback collections of its popular Rebirth series. [more »]( [PubTech Connect | April 20, 2017]( For more about these and other great jobs, visit the new [PW JobZone]( now with resume hosting and more! - [Marketing and Publicity Assistant - ABRAMS - New York](. - [Administrative Assistant, Sales and Marketing - Parragon Inc - New York](. - [Managing Editor - Parragon Inc - New York](. - [Publicity & Marketing Manager - Hachette Book Group - Boston](. - [Editorial Director - Sasquatch Books - Seattle](. JOB MOVES Sarah Pelz has joined Atria Books as executive editor. Lizzie Vaughn has joined Chronicle Books as designer. Ariel Richardson has been promoted to editor of children's books at Chronicle Books. [VIEW ALL »]( [Every Writer Needs an Editor, Especially if that Writer is Also an Editor]( The editorial director of 'Writer's Digest' discusses the difficulty of taking her own advice. [more » »]( [Bookstore News: March 28, 2017]( Anchorage indie gets a new owner; Third Place Books hires new events manager; Salt Lake City's Marissa's Books to re-open; and more. [more » »]( News Briefs [IDW Hires Michael Martens to Direct Book Trade Sales]( Michael Martens, formerly v-p of book trade sales at Dark Horse, has been named director of trade sales at independent graphic novel house IDW Publishing, effective immediately. [more » »]( THE ROUNDUP [Amazon's Expanding Physical Presence]( Amazon’s pop-up stores keep popping up in malls across the U.S., with its total number of kiosks now up to 29 across 15 states. [Christina Vella Dies at 75]( The author of several colorful works of narrative history died of cancer on Wednesday in New Orleans. [Book On Boy In a Dress Banned]( A North Carolina school district was planning to teach 'Jacob's New Dress' to first graders. Then the book was pulled from the curriculum. [Translators Respond to 'Arrival']( Three top translators watched the Academy Award-winning film, starring Amy Adams as a linguist, and weighed in on its linguistics. [Brit Bennet, Thinking Another's Thoughts]( The author of 'The Mothers' on adapting her book to film, the value of the novel in telling black stories, and writing abortion. [VIEW ALL »]( PW Bestsellers [Hardcover Nonfiction Bestseller List]( 'Trump's War' by Michael Savage is the #1 title on PW's adult hardcover nonfiction bestseller list. [See the full list » »]( PW Daily Review of the Day ['Stormy Seas: Stories of Young Boat Refugees' by Mary Beth Leatherdale and illustrated by Eleanor Shakespeare]( "This composite portrait of the struggles of 20th- and 21st-century boat refugees is alternately harrowing, wrenching, and hopeful." [more » »]( SHELFTALKER [Love a Children’s Bookstore? Nominate It for the Pannell Award!]( Elizabeth Bluemle Anyone can nominate a favorite bookstore, from customers to staff. The deadline is April 10! [more »]( PICTURE OF THE DAY [Kathleen Rooney Takes a Walk]( On Saturday, March 25, author Kathleen Rooney led a walk around New York City following in the footsteps of Lillian Boxfish, the protagonist of Rooney's novel 'Lillian Boxfish Takes a Walk' (SMP). Courtesy St. Martin’s Press E-mail not displaying correctly? [View it in your browser.]( [If I’m Found by Terri Blackstock]( [PW KidsCast: A Conversation with Holly M. McGhee]( [Bookworks | The Self Publishers Association]( To submit pictures of the day, email pics@publishersweekly.com Send editorial questions about this e-newsletter to: jmilliot@publishersweekly.com Send advertising questions about this e-newsletter to: cbryerman@publishersweekly.com For additional assistance, contact us by email or at the address below. Publishers Weekly, 71 West 23 St. #1608 New York, NY 10010 Phone 212-377-5500 Copyright 2017, PWxyz LLC Email not displaying correctly? [View it in your browser.]( You are receiving this email because {EMAIL} subscribed to one of Publishers Weekly's e-newsletters. If you are not {EMAIL}, then please disregard this. If you would like to stop receiving this or any Publishers Weekly e-newsletter or promotional emailing, [click here to update your newsletter subscription preferences](. Publishers Weekly takes spam very seriously. This email message meets all the requirements of the United States CAN-SPAM Act and Canada¹s Anti-Spam Legislation (CASL). If you would like your email address removed from all Publishers Weekly email lists, [click here to unsubscribe](. [Delicious]( [Digg]( [Facebook]( [LinkedIn]( [Reddit]( [StumbleUpon]( [Twitter](