LISTEN LIVE TO NEWSTALK ZB

Newstalk ZB

ON AIR NOW

Keep up with
Newstalk ZB

Follow Us

  • Facebook
  • Twitter
  • YouTube

Select region

Site Search

Search Search

Publisher victim of ebooks

Share |

Business News | Sunday July 28 2013 13:45

Publisher victim of ebooks

Related

A book publisher has become a victim of the rapid growth of ebooks, among other changes challenging the industry.

Hachette is restructuring its New Zealand business, moving its finance, administration, and IT functions to Australia.

It is also closing its New Zealand publishing unit.

12 jobs will go.

Chairman Malcolm Edwards says Hachette New Zealand will become solely focused on the marketing, promotion and sales of its international titles and the New Zealand backlist.

He says the changes have followed the diminution of the business in New Zealand, caused largely by the increased sourcing of books from overseas, at the expense of the local trade, and the rapid growth of ebooks.

Photo: Stock.xchng

Advertisement
Sevens
Advertisement
  • Jihadists shoot down Syrian warplane

  • Japanese Govt to devise new whale hunting plan

  • Tennis: Sloane Stephens coming to Auckland

  • Bomb threat closes Rotorua tertiary institution

  • NRL: Brett Morris offered better deal

  • Taliban suicide bomber attacks foreign convoy in K ...

  • Auckland Weather

    13°
    Today
    Showers
    H:16° L:11°
    Click for More Weather
    More Weather

    The Moment of Truth

    Do you believe the revelations that came out in the Moment of Truth?

    Vote Now

    View Results