Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant. more »
The Sky’s the Limit for Amazon’s Stock
The rise in Amazon’s stock price drove up the Publishers Weekly Stock Index by nearly 28% in the first six months of 2017. Without Amazon, the index would have fallen 5.4%. more »
Japanese
Distributors Fret Over Amazon: Amazon Japan is moving to expand
its direct dealings with publishers rather than going through wholesale
publishing distributors.
Valerie Jarrett
Has a Book Deal: Valerie Jarrett, one of Barack Obama’s closest
and longest-serving aides during his presidency, will publish a book with
Viking in 2019.
Barry Jenkins
Adapts Baldwin: For his follow-up to the Oscar-winning
'Moonlight,' the director will bring James Baldwin's 'If Beale Street Could
Talk' to the silver screen
The Books That
Spur Science Writers: Brian Cox, Garry Kasparov, Gaia Vince, and
other stars of science writing on the books that first fired their
imaginations.
Octavia Butler,
In Her Own Stories: Octavia Estelle Butler became the first
black female science fiction writer to reach national prominence. An exhibit in
California shows how.
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