Society of Academic Authors: Early August2003 News
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NEWS ARCHIVE: EARLY AUGUST 2003

South-Western buys Texere for business list

MASON, Ohio, August 15, 2003 -- The Thomson imprint South-Western bought the international Texere publishing house, which focuses on finance, investment, economics, business technology, and management. Terms were not announced. Robert Lynch, president at South-Western said Texere will help South-Western expand into management and executive education: "Texere's business titles complement South-Western's current professional line by enabling us to be the business professional's resource." Acquired titles include:
  • Tom Copeland's Valuation and Real Options: A Practitioner's Guide.
  • Robert Hagstrom'sInvesting: The Last Liberal Art.
  • Nassim Nicolas Taleb's Fooled by Randomness: The Hidden Role of Chance in the Markets and in Life.
  • Diane Coyle's Sex, Drugs and Economics: An Unconventional Introduction to Economics.


  • Thomson.
    SOUTH-
    WESTERN
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    ACADEMIC AUTHORING PEOPLE

    Cherry cover

    Conrad Cherry (religion), at Indiana University-Purdue University Indianapolis, emeritus, Betty A. DeBerg (religion), University of Northern Iowa, and Amanda Portfield (religion), Florida State University, wrote Religion on Campus (University of North Carolina Press).

    Andrews cover

    Deborah C. Andrews (business), University of Delaware, and William D. Andrews (business) wrote Management Communication A Guide (Houghton Mifflin).


    Cherry cover

    Richard Robinson, chaiman and chief xecutive at Schbolastic, was awarded the BritishAmerican Business 2003 U.S. Entrepreneurial Award.


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    ACADEMIC AUTHORING PEOPLE

    Conlin cover

    Joseph R. Conlin (history), California State University, Chico, wrote the seventh edition of The American Past -- A Survey of American History, Volume I: To 1977; Volume II, Since 1865, as well as a comprehensive volume. (Wadsworth).

    Nancy Grant, a reference title msrketing director at Houghton Mifflin, was named vice president and managing director at Houghton's Kingfisher imprint.

    Carol Hall, editor-in-chief of African American interest books at Wiley, retired to pursue an independent publishing venture. Earlier she was with Simon & Schuster's Touchstone.

    Milam cover

    Michael C. Milam (comparative literature), University of South Florida, wrote A Practical Handbook for Writing in the Humanities (Wadsworth).

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    Axes falling in Routledge shift

    BOCA RATON, Florida, August 14, 2003 -- British academic publisher Taylor & Francis has discharged two Routledge executives as it consolidates recently acquired Routledge with its CRC Press. Gone are Linda Hollick, Routledge vice president and publisher, and Bob Rooney, vice presidentg of sales and marketing. Taylor &: Francis has made no announcements, but it is folding New York-based Routledge into CRC in Boca Raton.

    Taylor & Francis logo
    TAYLOR & FRANCIS
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    FINANCIALS

    McGraw logo


    McGraw-Hill: Education sales fell 2.6 percent to $577 million in the second quarter, compared to a year earlier. Profits fell 15 percent. School sales were down 3.1 percent; higher-ed, profesional and international 1.7 percent.

    Renaissance logo


    Renaissance Learning: Sales dipped slightly to $67.8 million for the first half of the year, compared to a year earlier.

    Thomson logo


    Thomson: Sales grew 2 percent to $1.7 billion in the second quarter, compared to a year earlier. Net income rose 21.6 percent. Gains were greatest in legal, education and scientific publishing. Financial information services were weak.
    PREVIOUS FINANCIALS
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    DATA BANK

    Except el-hi, book sales up through June

    WASHINGTON, August 12, 2003 -- June was a strong month in U.S. book publishing, especially for paperbacks issued by university presses, according to the latest monthly report from the Association of American Publishers. University press paperback sales in June were 9 percent ahead of a year earlier. For the year-to-date through June, u-press paper sales were ahead 19.2 percent. Here are data through June for genres in which academic authors do most of their work:
    University press (hard)
    University press (soft)
    College
    Professional, scholarly
    El-hi
    19.2 percent
    13.5 percent
    6.8 percent
    3.9 percent
    -1.8 percent

    AAP logo.

    EARLIER DATA
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    Critic assails textbook colorization

    SAUSALITO, California, August 10, 2003 -- The colorizing of historical black-and-white photographs, a slowly growing practice in textbook publishing, was criticized as a "trick" and "fraud" by William Bennetta, editor of the Textbook Letter, which features criticism of school books. Bennetta focused on Glencoe's History of a Free Nation, which includes a well-known Lewis Hines photo of an Italian immigrant family on a ferry at Ellis Island in 1905. How can it be justified, Bennette asked, to corrupt a classic historical document in a history book. Said Bannetta, who doesn't think much of the book in general: "Teachers who buy 'history' from Glencoe don't care about historical information, but they love the blue and orange and purple."

    EL-HI

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    DATA BANK

    Largest U.S. education publisher: Pearson

    DARIEN, Connecticut, Aug. 9, 2003 -- The big players in U.S. educational publishing are bigger than ever. A ranking by the trade journal Subtext, including both college and el-hi revenue, pegged sales of Pearson Education at $4.4 billion, up almost 6 percent. McGraw was a distant second at $2.4 billion. The eight largest publishers overall had revenue gains of 12.6 percent for $12.3 billion total.

    TEXT-
    BOOKS
    Pearson
    McGraw-Hill
    Thomson
    Harcourt
    Houghton Mifflin
    Scholastic
    WRC Media
    Wiley


    $ 4.4 billion
    2.4 billion
    2.3 billion
    1.6 billion
    985 million
    326 million
    210 million
    176 million


    5.9 percent
    1.5 percent
    23.7 percent
    71.5 percent
    0.5 percent
    2.8 percent
    9.3 percent
    6.0 percent
    COLLEGE BREAKOUT
    EL-HI BREAKOUT
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    Without Harry, Scholastic revenue slipping

    NEW YORK, August 8, 2003 -- The publishing company Scholastic, which issues books in diverse genres, warned investors that earnings will be less than forecast for the fiscal year -- again. This was Scholastic's third earnings downgrade in seven months. What's the problem, considering that Scholastic's repertoire includes the latest Harry Potter book? Potter revenue won't kick in by the end of the fiscal year. Meanwhile, trade book sales and trade fair revenue has sagged. Earnings had been projected at $1.85 to $2.15 a share. Now they're $1.47 tops.

    FINANCIALS


    Scholastic logo
    SCHOLASTIC

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    "Lefty" slander fixed, kind of; no explanation

    ST. PETERSBURG, FLorida, August 7, 2003 -- The troubled online news service of Text and Academic Authors Inc. revised an article that erroneously asserted that Steck-Vaughn had devised a policy to prohibit illustrations showing anyone doing anything with the left hand. There was no explanation to readers or TAA members for the change. Nor, as is journalistic convention, was there an acknowledgement of the error. Nor an apology. The one-sentence revision, posted on the TAA site after an objection from Harcourt's Steck-Vaughn, reads:
    "Harcourt/Steck-Vaughn has added a new publishing guideline that forbids illustrations of people writing with their left hand."
    The TAA revision still errs. The Steck-Vaughn ban is on eating with the left hand, not writing, in deference to pupils with lineage to the Middle East, where the left-hand is associated with desert hygiene in eras before toilet tissue. The TAA news site routinely picks up information from other sources without identifying the source. In this case, the erroneous information originated on the politically right-wing educationnews.org site that had passed on the false information from author Diane Ravitch who, when confronted, said she had heard it second hand and hadn't checked it out. Nor did TAA, which picked it up fourth hand. The Ravitch error that was compounded by TAA left one mid-level Steck-Vaughn employee fretting for her job when, after she tried to correct the error, learned that the issue was being addressed at top corporate levels.

    Harcourt logo

    STECK-
    VAUGHN

    EARLIER
    ARTICLE

    Steck- Vaughn denies "lefty" exclusion

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    Quebecor expands Iowa textbook plant

    MONTREAL, Quebec, August 7, 2003 -- Book printer Quebecor World will expand its Dubuque, Iowa, facility to keep up with its booming textbook business. The $13 million project will complete a total $19 million investment in the Dubuque facility over an 18-month period. The overall expansion includes new presses, sewing and in-line binding, and casing-in capacity. David Boles, chief operating officer, said this about the textbook market:
    "This is a market that Quebecor World has identified as having strong potential for future growth. We believe the demographics and product dynamics will continue to generate increased opportunities over the years. Our customers have indicated that an investment in a specialized facility is the correct approach to capturing this market."


    Q
    QUEBECOR


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    Florida copyright infringement case closed

    GAINESVILLE, Florida, August 7, 2003 -- Three major publishers that accused a Gainesville copyshop for producing coursepacks without copyright permissions have accepted a settlement. Terms were not announced. The publishers had contended that Custom Copies and its president, Kenneth F. Roberts, reproduced massive quantities of materials in inexpensive packets for sale to University of Florida students without buying permissions from the publishers. The suit was coordinated by the Copyright Clearance Center on behalf of Elsevier Science, MIT Press, and John Wiley & Sons.

    COPY-
    RIGHT

    EARLIER
    ARTICLE

    Publishers sue Florida coursepack producer

    RELATED ARTICLE

    Publishers: Copyshop infringed rights

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    DATA BANK

    Pearson largest U.S. college publisher

    DARIEN, Connecticut, August 6, 2003 -- With almost $1 billion in U.S. sales, Britain-owned Pearson Education was the largest college publisher in the country in 2002, according to a ranking by the trade journal Subtext. Including K-12 sales Pearson also was the leader at $4.4 billion, almost double McGraw-Hill. Here are 2002 college revenues with the percentage of change from 2001:
    Pearson
    Thomson
    McGraw-Hill
    Houghton Mifflin
    Wiley

    $ 998 million
    864 million
    530 million
    212 million
    148 million


    8.7 percent
    17.6 percent
    7.3 percent
    14.0 percent
    5.0 percent


    COLLEGE
    PUBLISHING

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    Harcourt exec takes over Houghton

    BOSTON, Massachusetts, August 5, 2003 -- Boston-based book publisher Houghton Mifflin, reportedly seeking a greater role in educational publishing, hired Tony Lucki as chief executive officer effective October 1. Lucki was formerly president of K-12 publisher Harcourt Inc., a unit of Reed Elsevier. In a way it will be a homecoming. Lucki worked at Houghton from 1977 to 1987, ending as executive editor in the Reading Department of the School Division. Houghton now is owned by two investment companies, Bain Capital and Lee Partners, which bought to company from the French conglomerate Vivendi last year. Vivendi owned Houghton about a year.

    Houghton Mfflin
    HOUGH-
    TON
    MIFFLIN


    Tony Lucki
    LUCKI


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    Harcourt
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    ACADEMIC AUTHORING PEOPLE

    Craven cover

    Wayne Craven (art), University of Delaware, wrote the first revised edition of American Art: History and Culture (McGraw-Hill).

    Susan Driscoll, former president and chief operating officer at Holtzbrinck and at Holt, Rinehart & Winston, was named president and chief executive officer at iUniverse.

    Murov cover

    Steven L. Murov (chemistry), Modesto Junior College, wrote the fourth edition of Experiments in General Chemistry (Wadsworth).

    Michael Ross, former president and publisher at World Book, was named senior vice president for corporate development, at Encyclopedia Britannica.

    Rothwell cover

    J. Dan Rothwell (communication), Cabrillo College, wrote the fifth edition of In Mixed Company: Communication in Small Groups and Teams (Wadsworth).

    Joseph Zajda (education), University of Melbourne, was awarded the Excellence in Teaching Award by his university.

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    Courier buys new textbook press

    KENDALVILLE, Indiana, August 5, 2003 -- The printing firm Courier ordered a Lithoman IV four-color web press from MAN Roland North America for the growing number of color textbooks. Installation will be complete next spring, Courier said.
    Courier logoCOURIER

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    DATA BANK

    Pearson, Harcourt lead in U.S. K-12 sales

    DARIEN, Connecticut, August 4, 2003 -- Even though its U.S. schoolbook sales in 2002 fell 9.6 percent, Pearson Education remained the largest K-12 publisher in the country, according to a ranking by the trade journal Subtext. Pearson's revenue was $1.4 billion. Harcourt was second, only $730,000 behind. Harcourt's place in the ranking, with sales almost double the year before, was boosted by its acqusiition by Reed Elsevier of Europe, which folded the company into other U.S. school operations. Here are 2002 college revenues with the percentage of change from 2001:
    Pearson
    Harcourt
    McGraw-Hill
    Houghton Mifflin
    Scolastic
    WRC Media

    $ 1.4 billion
    1.4 billion
    1.3 billion
    773 million
    326 million
    210 million


    -9.6 percent
    92.3 percent
    -2.3 percent
    -2.6 percent
    2.8 percent
    -9.3 percent


    EL-HI

    SA2
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    WORTH READING


    Daniel J. Kevles. "SciTech: The Forces Are With Us," Chronicle of Higher Education (August 1, 2003). Page B11-B12. Kevles, co-author of Inventing America: A History of the United States (Norton, 2002), argues that technology is overlooked as a vehicle to reach today's students in many disciplines. Technology, he says, is at the heart of the American experience.
    AUTHORING BIBLIOGRAPHY

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    Publishers: Copyshop infringed rights

    BLOOMINGTON, Indiana, August 3, 2003 -- The Copyright Clearance Center, acting for five publishers, sued a copyshop near Indiana University for failing to seek copyright permission for articles and chapters in coursepacks. The suit, in federal court, alleges that Collegiate Copies routinely produced and sold compilations of copyright-protected material. The suit is the latest in a series of CCC actions alleging copyright infringements at campus copyshops. The action was filed on behalf of HarperCollins, Pearson, Princeton University Press, Sage, and Wiley.
    COPY-
    RIGHT

    EARLIER
    ARTICLE

    Westwood coursepack law suit resolved
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    HOW-TO ADVICE
    WANT TO WRITE A TEXTBOOK? Accounting author David Rees details what's involved, including what a publisher expects of an author. Also, what's reasonable for an author to expect of a publisher. He lists some of the rewards -- psychic and financial.

    David Rees.
    REES

    FULL
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    R.I.P.: Peter Schwed

    NEW YORK, August 2, 2003 -- Long-time Simon & Schuster executive Peter Schwed, 92, whose tenure included the period when the house produced textbooks, died at a New York hospital on July 31. Schwed, who himself wrote nine books, mostly in sports, climbed the corporate ladder from the subrights department, which he joined in 1945. He retired in 1984 as chairman of the editorial board.

    PETER SCHWED
    1910-2004

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    Sylvan sheds K-12 units

    BALTIMORE, Maryland, August 2, 2003 -- A new company financed by private-equity investors, Educate Inc., bought the K-12 operations of Sylvan Learning for $113 million. Educate Inc. will include Sylvan Learning Center, Sylvan Education Solutions, eSylvan, Connections Academy, and Schulerhilfe. Sylvan, meanwhile, is concentrating on college and online post-secondary programs.

    EL-HI

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    SA2 site carried 85 July items

    WINONA, Minnesota, August 1, 2003 -- The Society of Academic Authors kept members abreast of breaking news in their field with three e-mail news alerts during July, according to the society's monthly report to members. In all, the site carried 85 items. A series of online articles on how to work with a development author, by Mary Ellen Lepionka of Atlantic Path Publishing, was launched during the month. The second installment is sheduled in August.
    MARY ELLEN LEPIONKA:
    WORKING WITH A DEVELOPMENT EDITOR
    Navigating the SA2 site: The latest news is reported at the top. Scroll down to earlier news or click the link under each news items for earlier items. Your gateway to all SA2 online services, including contract discussion and authoring advice, is at the site map.


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