December 7, 2025

Pay to Play

Last week, publishers spoke out about Edelweiss’s steady fee increases, which have posed a particular challenge to small presses using the digital platform. Indie bookstores had varying experiences this Black Friday and Small Business Saturday, with some shoppers excited to patronize their local retailers and others staying away due to rough weather and economic anxiety. The IMLS reinstated all federal grants following a permanent injunction against the Trump administration’s dismantling of the agency. And PW’s 2025 Salary and Jobs Report, which collected responses from more than 700 publishing professionals, showed an industry growing more diverse and more ambivalent toward AI.

On December 3, the Financial Times celebrated the winners of its 2025 Business Book of the Year Award, copresented by Schroders, at the InterContinental London Park Lane. In attendance were (from l.) Roula Khalaf, FT editor and chair of judges; author Stephen Witt, whose book The Thinking Machine (Viking) won this year’s award; and Richard Oldfield, CEO of Schroders.
(Courtesy Financial Times)

Edelweiss Price Hike Roils Industry

Significant cost increases implemented by the company are causing publishers to reevaluate how they use the service, including cutting the number of titles they list. Edelweiss execs say the higher prices reflect its current value and are needed to keep it viable. more

Indies’ Thanksgiving Weekend Sales Were a Mixed Bag

With the holiday sales season kicking off last weekend, some indie booksellers reported an influx of customers intent on shopping local, while others contended with severe weather and economic uncertainty that kept customers away. more

IMLS Restores Competitive Grant Funding

In response to a U.S. District Court’s permanent injunction in State of Rhode Island v. Trump, a case brought by 21 states’ attorneys general to halt the dismantling of federal agencies, the Institute of Museum and Library Services announced that it “has reinstated all federal grants.” more

The 2025 PW Salary & Jobs Report

This year’s report, based on 726 responses to our annual survey of publishing professionals, reveals that the industry is becoming increasingly diverse—and increasingly skeptical of AI. more

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