Macmillan Publishers

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Macmillan Publishers
Macmillan Publishers Logo 2020.png
Parent company Holtzbrinck Publishing Group
Founded1843;177 years ago (1843)
Founder Daniel Macmillan
Alexander MacMillan
Country of originUnited Kingdom
Headquarters location Equitable Building
New York City, United States
Key peopleJohn Sargent (CEO) [1]
Andrew Weber (COO) [2]
Donald Weisberg (President) [3]
Publication typesBooks, academic journals, magazines
Official website macmillan.com

Macmillan Publishers Ltd (occasionally known as the Macmillan Group) is a British publishing company traditionally considered to be one of the 'Big Five' English language publishers. Founded in London in 1843 by Daniel and Alexander MacMillan, since 1999 it has been a wholly owned subsidiary of Holtzbrinck Publishing Group with offices in 41 countries worldwide and operations in more than thirty others.

Contents

History

Macmillan logo for Alice's Adventures in Wonderland, published in London on 26 November 1865 Lewis Carroll - Alice's Adventures in Wonderland-10.jpg
Macmillan logo for Alice's Adventures in Wonderland , published in London on 26 November 1865

Macmillan was founded in London in 1843 by Daniel and Alexander MacMillan, two brothers from the Isle of Arran, Scotland. Daniel was the business brain, while Alexander laid the literary foundations, publishing such notable authors as Charles Kingsley (1855), Thomas Hughes (1859), Francis Turner Palgrave (1861), Christina Rossetti (1862), Matthew Arnold (1865) and Lewis Carroll (1865). Alfred Tennyson joined the list in 1884, Thomas Hardy in 1886 and Rudyard Kipling in 1890. [4]

Other major writers published by Macmillan included W. B. Yeats, Rabindranath Tagore, Nirad C. Chaudhuri, Seán O'Casey, John Maynard Keynes, Charles Morgan, Hugh Walpole, Margaret Mitchell, C. P. Snow, Rumer Godden and Ram Sharan Sharma.

Beyond literature, the company created such enduring titles as Nature (1869), the Grove Dictionary of Music and Musicians (1877) and Sir Robert Harry Inglis Palgrave's Dictionary of Political Economy (1894–99).

This logo appeared in Leslie Stephen's biography of Alexander Pope, published by Macmillan & Co in London in 1880 MacMillan and Co logo 1880.jpg
This logo appeared in Leslie Stephen's biography of Alexander Pope, published by Macmillan & Co in London in 1880

George Edward Brett opened the first Macmillan office in the United States in 1869 and Macmillan sold its U.S. operations to the Brett family, George Platt Brett, Sr. and George Platt Brett, Jr. in 1896, resulting in the creation of an American company, Macmillan Publishing, also called the Macmillan Company. Even with the split of the American company from its parent company in England, George Brett, Jr. and Harold Macmillan remained close personal friends. Macmillan Publishers re-entered the American market in 1954 under the name St. Martin's Press.

Macmillan of Canada was founded in 1905; Maclean-Hunter acquired the company in 1973. Following numerous mergers, Macmillan Canada dissolved in 2002 after John Wiley & Co. acquired it.

After retiring from politics in 1964, former Prime Minister of the United Kingdom, Harold Macmillan, became chairman of the company, serving until his death in December 1986. [5] He had been with the family firm as a junior partner from 1920 to 1940 (when he became a junior minister), and from 1945 to 1951 while he was in the opposition in Parliament.

Holtzbrinck Publishing Group purchased the company in 1999. [6]

21st century

2008 conference booth ASA conference 2008 - 14.JPG
2008 conference booth

Pearson acquired the Macmillan name in America in 1998, following its purchase of the Simon & Schuster educational and professional group (which included various Macmillan properties). [6] Holtzbrinck purchased it from them in 2001. [7] McGraw-Hill continues to market its pre-kindergarten through elementary school titles under its Macmillan/McGraw-Hill brand. The US operations of Holtzbrinck Publishing changed its name to Macmillan in October 2017. [6] [8] Its audio publishing imprint changed its name from Audio Renaissance to Macmillan Audio, while its distribution arm was renamed from Von Holtzbrinck Publishers Services to Macmillan Publishers Services. [6] Pan Macmillan purchased Kingfisher, a British children's publisher, from Houghton Mifflin in October 2007. Roaring Brook Press publisher Simon Boughton would oversee Kingfisher's US business. [9]

By some estimates, as of 2009, e-books account for three to five per cent of total book sales, and are the fastest growing segment of the market. [10] According to The New York Times , Macmillan and other major publishers "fear that massive discounting [of e-books] by retailers including Amazon, Barnes & Noble and Sony could ultimately devalue what consumers are willing to pay for books." In response, the publisher introduced a new boilerplate contract for its authors that established a royalty of 20 per cent of net proceeds on e-book sales, a rate five per cent lower than most other major publishers. [10] Following the announcement of the Apple iPad on 27 January 2010—a product that comes with access to the iBookstore—Macmillan gave Amazon.com two options: continue to sell e-books based on a price of the retailer's choice (the "wholesale model"), with the e-book edition released several months after the hardcover edition is released, or switch to the agency model introduced to the industry by Apple, in which both are released simultaneously and the price is set by the publisher. In the latter case, Amazon.com would receive a 30 per cent commission. [11] Amazon responded by pulling all Macmillan books, both electronic and physical, from their website (although affiliates selling the books were still listed). On 31 January 2010, Amazon chose the agency model preferred by Macmillan. [12] In April 2012, the United States Department of Justice filed United States v. Apple Inc. , naming Apple, Macmillan, and four other major publishers as defendants. The suit alleged that they conspired to fix prices for e-books, and weaken Amazon.com's position in the market, in violation of antitrust law. [13] In December 2013, a federal judge approved a settlement of the antitrust claims, in which Macmillan and the other publishers paid into a fund that provided credits to customers who had overpaid for books due to the price-fixing. [14]

In 2010, Macmillan Education submitted to an investigation on grounds of fraudulent practices. [15] The Macmillan division admitted to bribery in an attempt to secure a contract for an education project in southern Sudan. [15] As a direct result of the investigation, sanctions were applied by the World Bank Group, namely a 6-year debarment (reduced from 8 years due to an early acknowledgment of misconduct by the company) declaring the company ineligible to be awarded Bank-financed contracts. [16]

In December 2011, Bedford, Freeman, and Worth Publishing Group, Macmillan's higher education group, changed its name to Macmillan Higher Education while retaining the Bedford, Freeman, and Worth name for its k–12 educational unit. [8] Also that month, Brian Napack resigned as Macmillan president while staying on for transitional purposes. [17]

In 2012, parent company Holtzbrinck reorganized; Macmillan's consumer publishing operations were now led by John Turner Sargent from New York City. [18]

In May 2015, London-based Macmillan Science and Education merged with Berlin-based Springer Science+Business Media to form Springer Nature, jointly controlled by Holtzbrinck Publishing Group and BC Partners. [19] [20]

In January 2019, Toronto, Canada-based online writing community Wattpad announced an agreement with Macmillan [sic, Springer Nature America] for handling sales and distribution in the U.S. for its new publishing division Wattpad Books, alongside rival Penguin Random House that will handle the U.K. and India market, and Raincoast Books for the Canadian market. [21] [22] [23]

In November 2019, Macmillan announced that libraries would be able to buy only one copy of e-books for the first eight weeks after publication, in an effort to boost sales by creating long waits for borrowers at large library systems. This prompted complaints and some libraries boycotted the company; the policy was reversed in March 2020. [24]

Divisions

US publishing divisions with imprints

  • Celadon Books
  • Farrar, Straus and Giroux
    • FSG Originals
    • Hill and Wang
    • MCD
    • North Point Press
    • Picador
    • Sarah Crichton Books
    • Scientific American / Farrar, Straus and Giroux
  • Flatiron Books
    • Cookstr
    • Flatiron Books
  • Henry Holt and Company
    • Andy Cohen Books [25]
    • Henry Holt & Co.
    • Metropolitan Books
  • Macmillan Audio – formerly Audio Renaissance [6]
  • Macmillan Children's Publishing Group
    • Farrar Straus Giroux Books for Young Readers
    • Feiwel and Friends
    • First Second – Graphic novels
    • Henry Holt Books for Young Readers
    • Imprint [26]
    • Odd Dot [27]
    • Priddy Books
    • Roaring Brook Press [9]
    • Square Fish
    • Swoon Reads
  • St. Martin's Publishing Group
    • Castle Point Books
    • Griffin
    • Minotaur
    • St. Martin's Essentials
    • St. Martin's Press
    • Thomas Dunne Books
    • Wednesday Books [28]
  • Tom Doherty Associates
    • Forge
    • Nightfire
    • Starscape
    • Tor Books
    • Tor Teen
    • Tor.com

Other US divisions

See also


Related Research Articles

HarperCollins Publishers LLC is one of the world's largest publishing companies and is one of the Big Five English-language publishing companies, alongside Penguin Random House, Simon & Schuster, Hachette, and Macmillan. The company is headquartered in New York City and is a subsidiary of News Corp. The name is a combination of several publishing firm names: Harper & Row, an American publishing company acquired in 1987—whose own name was the result of an earlier merger of Harper & Brothers and Row, Peterson & Company—together with UK publishing company William Collins, Sons, acquired in 1990.

Farrar, Straus and Giroux American book publishing company

Farrar, Straus and Giroux (FSG) is an American book publishing company, founded in 1946 by Roger Williams Straus Jr. and John C. Farrar. FSG is known for publishing literary books, and its authors have won numerous awards, including Pulitzer Prizes, National Book Awards, and Nobel Peace Prizes. The publisher is currently a division of Macmillan, whose parent company is the German publishing conglomerate Holtzbrinck Publishing Group.

Tor Books United States book publisher

Tor Books is the primary imprint of Tom Doherty Associates, a publishing company based in New York City. It primarily publishes science fiction and fantasy titles.

Holtzbrinck Publishing Group is a privately-held German company based in Stuttgart which owns publishing companies worldwide. Through Macmillan Publishers, it is one of the Big Five English-language publishing companies.

Penguin Group is a British trade book publisher and part of Penguin Random House, which is owned by the German media conglomerate Bertelsmann. The new company was created by a merger that was finalised on 1 July 2013, with Bertelsmann initially owning 53% of the joint venture, and Pearson initially owning the remaining 47%. Since December 2019, Penguin Random House has been wholly owned by Bertelsmann.

Simon & Schuster Large American English-language publisher

Simon & Schuster, a subsidiary of ViacomCBS, is an American publishing company founded in New York City in 1924 by Richard L. Simon and M. Lincoln Schuster. As of 2016, Simon & Schuster was publishing 2,000 titles annually under 35 different imprints.

St. Martin's Press is a book publisher headquartered in Manhattan, New York City, in the Equitable Building. St. Martin's Press is considered one of the largest English-language publishers bringing to the public some 700 titles a year under six imprints.

Holt McDougal is an American publishing company, a division of Houghton Mifflin Harcourt, that specializes in textbooks for use in High Schools.

Tom Doherty American publisher

Tom Doherty is an American publisher and the founder of the science fiction and fantasy book publisher Tor Books. After working as a book salesman in the 1950s and 1960s, Doherty became publisher of Tempo Books in 1972. In 1975, he became, in addition to publisher of another company also owned by Grosset & Dunlap, the science fiction imprint Ace Books. In 1980, he left Ace to establish his own company Tor Books.

Hachette Book Group (HBG) is a publishing company owned by Hachette Livre, the largest publishing company in France, and the third largest trade and educational publisher in the world. Hachette Livre is a wholly owned subsidiary of Lagardère Group. HBG was formed when Hachette Livre purchased the Time Warner Book Group from Time Warner on March 31, 2006. Its headquarters are located at 1290 Avenue of the Americas, Midtown Manhattan, New York City. Hachette is considered one of the big-six publishing companies, along with Holtzbrinck/Macmillan, Penguin Random House, HarperCollins, Scholastic, and Simon & Schuster. In one year, HBG publishes approximately 1400+ adult books, 300 books for young readers, and 450 audio book titles. In 2016, the company had 214 books on the New York Times bestseller list, 44 of which reached No. 1.

Bookish.com is a content discovery and ecommerce website, which launched in February 2013, devoted to books. The site allows users to browse an extensive database of books and authors, add books to user-created digital "shelves", get custom book recommendations, read editorial content and purchase physical books, ebooks, and audiobooks.

Lightning Source is a printer and distributor of print-on-demand books. The company is a business unit of Ingram Content Group. Originally incorporated in 1996 as Lightning Print Inc., the company is headquartered in La Vergne, Tennessee. Its UK operations are based in Milton Keynes. They also have operations in Maurepas, France and Melbourne, Australia.

Times Books is a publishing imprint owned by The New York Times Company and licensed to Henry Holt and Company.

Macmillan Inc. is a now mostly defunct American publishing company. Once the American division of the British Macmillan Publishers, remnants of the original American Macmillan are present in McGraw-Hill Education's Macmillan/McGraw-Hill textbooks and Gale's Macmillan Reference USA division. The German publisher Holtzbrinck, which bought Macmillan UK in 1999, purchased most US rights to the name in 2001 and rebranded its American division with it in 2007.

Lerner Publishing Group

Lerner Publishing Group, based in Minneapolis in the U.S. state of Minnesota since its founding in 1959, is one of the largest independently owned children's book publishers in the United States. With more than 5,000 titles in print, Lerner Publishing Group offers nonfiction and fiction books for grades K-12.

Wattpad is a website and app for writers to publish new user-generated stories. It aims to create social communities around stories for both amateur and established writers.

Self-publishing is the publication of media by its author without the involvement of an established publisher. The term usually refers to written media, such as books and magazines, either as an ebook or as a physical copy using POD technology. It may also apply to albums, pamphlets, brochures, video content, and zines.

E-book Book-length publication in digital form

An electronic book, also known as an e-book or eBook, is a book publication made available in digital form, consisting of text, images, or both, readable on the flat-panel display of computers or other electronic devices. Although sometimes defined as "an electronic version of a printed book", some e-books exist without a printed equivalent. E-books can be read on dedicated e-reader devices, but also on any computer device that features a controllable viewing screen, including desktop computers, laptops, tablets and smartphones.

John Turner Sargent American businessman

John Turner Sargent Jr. is an American book publisher; he is CEO of Macmillan Publishers USA, and the Executive Vice President of the Georg von Holtzbrinck Publishing Group, where he oversees the global trade operations in the U.S., U.K., Germany, and Australia as well as Macmillan Learning, the company’s US-based higher education business.

<i>United States v. Apple Inc.</i> US antitrust case concerning price fixing of e-books

United States v. Apple Inc., 952 F. Supp. 2d 638, was a US antitrust case in which the Court held that Apple Inc. conspired to raise the price of e-books in violation of the Sherman Act.

References

  1. "John Sargent".
  2. "Andrew Weber Named to Top Post at Macmillan".
  3. "PRH's Weisberg Named President of Macmillan".
  4. "About Pan Macmillan". Pan Macmillan UK. Retrieved 30 September 2016.
  5. "Harold Macmillan (1894–1986)". BBC .
  6. 1 2 3 4 5 6 Milliot, Jim (9 October 2007). "Holtzbrinck's U.S. Arm Now Macmillan". Publishers Weekly. Retrieved 17 October 2018.
  7. Bookseller, Allbusiness.com
  8. 1 2 "News Briefs: Macmillan Rebrands Higher Education Division". Publishers Weekly. 30 December 2011. Retrieved 17 October 2018.
  9. 1 2 "News Briefs: Macmillan Buys Kingfisher". PublishersWeekly.com. 5 October 2007. Retrieved 17 October 2018.
  10. 1 2 Rich, Motoko (28 October 2009). "Macmillan Lowers E-Book Payments for Authors". The New York Times . Retrieved 11 February 2010.
  11. Motoko Rich and Brad Stone (31 January 2010). "Publisher Wins Fight With Amazon Over E-Books". The New York Times . Retrieved 11 February 2010.
  12. The Amazon Kindle team (31 January 2010). "Macmillan E-books". Kindle Community. Amazon.com . Retrieved 11 February 2010.
  13. Mui, Ylan Q. and Hayley Tsukayama (11 April 2012). "Justice Department sues Apple, publishers over e-book prices". The Washington Post. Retrieved 1 June 2014.
  14. Molina, Brett (25 March 2014). "E-book price fixing settlements rolling out". USA Today. Retrieved 1 June 2014.
  15. 1 2 "Macmillan admits to bribery over World Bank Sudan aid deal". Telegraph.co.uk. Retrieved 17 March 2016.
  16. "The World Bank Group Debars Macmillan Limited for Corruption in World Bank-supported Education Project in Southern Sudan". World Bank. Retrieved 17 March 2016.
  17. "News Briefs: Napack Resigns As Macmillan President". Publishers Weekly. 30 December 2011. Retrieved 17 October 2018.
  18. Tor.com (18 June 2012). "Reorganization at Verlagsgruppe Georg von Holtzbrinck". Tor.com. Retrieved 21 July 2019.
  19. "Nature publisher to merge with Springer". Times Higher Education. 15 January 2015. Retrieved 6 April 2018.
  20. Caroline Carpenter (6 May 2015). "Completed merger forms 'Springer Nature'". The Bookseller. Retrieved 8 July 2015.
  21. "Wattpad Launches Wattpad Books, a New Publishing Division to Bring Diverse, Data-Backed Stories to Book-Lovers Everywhere". Wattpad HQ. Retrieved 14 September 2019.
  22. "Penguin Random House UK collaborates with Wattpad Books to bring global Wattpad hits to readers in the UK". Wattpad HQ. Retrieved 14 September 2019.
  23. "Penguin Random House India Partners with Wattpad to Showcase Exclusive Content and Innovative Promotions". Wattpad HQ. Retrieved 14 September 2019.
  24. Publisher Macmillan Backs Off Policy Restricting E-Book Sales To Libraries
  25. "Andy Cohen to Launch His Own Book Imprint".
  26. Elizabeth Foster, Elizabeth (12 December 2017). "Macmillan scoops up Rainbow Rangers license". Kidscreen. Brunico Communications Ltd. Retrieved 3 March 2018.
  27. "BookExpo 2018: Macmillan Kids' Imprint, Odd Dot, Makes Its Debut".
  28. "SMP Launching Crossover Imprint, Wednesday Books".

Further reading