Tag Archive - Publishing News

Clarification on Sale of Heartsong to Harlequin

by Steve Laube

New information has surfaced regarding the sale of Heartsong to Harlequin.

In my post on Friday I made the assumption that the sale included all the backlist and the currently contracted titles. This was reflected in point #5 in the post.

That is not the case. Harlequin did not buy the backlist or the currently contracted titles. Those will remain the property of Barbour Publishing. Thus future repackaging opportunities remain for those titles. That also includes the Heartsong e-books that Barbour is releasing under the “Truly Yours” banner (also mentioned in #5 in that previous post).

Harlequin bought the brand name and the club mailing list, not the books themselves.

This changes some of the implications for Heartsong authors.

1) Heartsong authors are not suddenly going to become Harlequin authors by virtue of the purchase.

2) Future acquisitions for Heartsong, if there are any, will be handled by Harlequin. New Heartsong acquisitions have been completed for all of 2012.

3) Existing Love Inspired authors will be marketed to the Heartsong direct-mail club members (and vice versa). My assumption is that Harlequin is betting they can increase their Love Inspired direct-mail club membership very quickly.

Check back to see if there are further developments as more details come available.

Barbour Sells Heartsong to Harlequin

by Steve Laube

Today Barbour Publishing announced they have sold their Heartsong Presents line of inspirational romances to Harlequin.

For those of us who have been wondering about the eventual buyer, this comes as no surprise. We have known they were being sold since last Fall. In December I spoke with Barbour’s president, Tim Martins, and he confirmed that the sale was in its last stages of negotiation but he could not say who the buyer would be. With their Love Inspired lines of Christian romance, suspense, and historical titles and a strong member subscription base Harlequin is well suited to sustain(?) or absorb(?) the Heartsong line for years to come.

Our agency has nearly thirty authors who are writing or have written for Heartsong in the past. We also have over twenty authors who are writing or have written for Harlequin’s Love Inspired. So, for our clients this is a pretty big deal.

There are some questions raised that have answers, and some that don’t.

1) Barbour filled the pipeline for 2012 with 52 new titles. Their Editorial staff has been contracted to manage, edit, and typeset  those properties during the transition to Harlequin. So for the first half of the year, nothing will change. By then we should know what the new acquisition strategy looks like.

2) We have no answers about the future and how these two lines will merge or evolve. And it is useless to speculate. Joan Marlow Golan who is the head of the Love Inspired team is a very sharp and excellent about communicating changes to us agents. Do not write or ask your Barbour editor on Twitter or Facebook or email to ask questions. They are now a contractor for Harlequin and it wouldn’t be fair to them to ask for “insider information” that they cannot or should not share. Instead this is where you rely on your agent for information.

3) Harlequin’s three Love Inspired lines currently releases 14 new titles per month. (Six romance, four suspense, and four historical.) Heartsong, as noted above does four to five per month (52 per year), or one third the output of Harlequin. Adding the two together, with no changes would mean an increase from 168 titles to 220 per year. We would hope that will be the case, but it may not.

4) Existing contracts will be honored as written. I’ve seen numerous publisher sales before and the past contracts remain in force in every case.

(Update 1/27/2012 at 6:30pm EST)

5) Since Heartsong books were not in the retail market the general public will not see anything different. However, recently the backlist Heartsong titles were targeted to be converted to e-b00ks (about 980 of them). Those will roll out in 2012 and would make a ready addition to the strong ebook sales that Harlequin already enjoys. And those e-books will probably be priced at $4.99 each.

6) As for the 3-in-1 or 4-in-1 collections that combined Heartsong books into one volume, we do not know exactly what will happen with that program. These are not the same as the novella collections already in place. I am talking about books like Kansas Home that combined three Heartsong books into one trade paper which was sold into the retail market.

News You Can Use – Jan. 3, 2012

Publishing Predictions for 2012 – Various industry insider look into the Crystal Ball. Including Randy Ingermanson, Julie Gwinn, Steve Laube, Jeff Gerke, Chip MacGregor, Mary DeMuth, and Thomas Umstattd. Save this link and see who was right 366 days from today.

Update the Copyright on Your Web Site – A good reminder!

Christian Publishers Anticipate Global Growth in 2012 – Don’t forget that books sell around the world! Click through to read more.

Lack of Snow Get You Down? – Click through to make your own Star Wars snowflakes

What is the Magic Price for E-Books? – Insightful article on the history of e-book prices and a bit of the economics that influence pricing.

Lagging Movie Sales a Lesson for E-Books? – Fascinating parallel from some observations by Roger Ebert.

QR Codes are soooo last year…. – Richard Curtis predicts 2012 will be the year of the “Snap Tag.” How many of you were just starting to notice QR Codes? And they are already passe?

Why You Still Don’t Have an Agent – Jeff Rivera on the query letter. Then note his web site: HowToWriteaQueryLetter.com.