Hyperion founder exits
NEW YORK -- Robert S. Miller, who founded Disney-owned Hyperion Books 17 years ago, is leaving that company to run HarperCollins’ new Internet-driven publishing division, HarperCollins announced Thursday. He will begin his job next week at the London Book Fair.
The new “publishing studio” division, which has yet to be named, will combine traditional trade book publishing techniques with Internet-based strategies to market and publicize about 25 moderately priced books per year.
In a key change, HarperCollins said, authors will be compensated through a “profit-sharing model” rather than a traditional royalty, and the books will be promoted using online publicity, advertising and marketing. The titles will be issued in both physical and digital formats.