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Penguin, Random House merger complete

Jul 01 2013: The merger of Penguin and Random House (except for Random House Germany) has now officially been completed. Headquartered in New York, the new company employs over 10,000 people, and publishes over 15,000 new titles annually across 250 imprints.

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    More Americans under 30 read a print book in last year than those aged 30+

    Jun 27 2013: The latest Pew survey indicates that while almost all Americans under age 30 are online, and they are more likely than older patrons to use libraries’ computer and internet connections; they are also still closely bound to print, with 75% of younger Americans saying ...

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      B&N to open 5 stores and close 15-20 others

      Jun 27 2013: Barnes & Noble plans to open five stores and close 15-20 in the current fiscal year; in the past year, B&N opened two stores and closed 18. The company also said that despite speculation to the contrary, it hasn't reduced book title inventory "substantially" in the past...

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        B&N reports very poor 4th quarter results

        Jun 25 2013: Barnes & Noble reported significantly poorer than expected fourth quarter results: Sales of $1.28 billion were down 7.4 percent from a year ago, and the net loss doubled to $118.6 million ($2.11 per share.). A key contributor to the loss was a $133 million in inventory ...

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          Alice Munro wins Trillium Book Award and announces that she's retiring from writing

          Jun 20 2013: Alice Munro won the Trillium Book Award for "Dear Life" on Tuesday, and also announced her retirement, saying, "I'm probably not going to write anymore. And, so, it’s nice to go out with a bang...Not that I didn’t love writing, but I think you do get to a stage where ...

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            Amazon cuts off 5200 affiliates in Minnesota

            Jun 19 2013: With Minnesota's online sales tax law due to take effect July 1, Amazon has played a familiar card by cutting ties with 5,200 members of its Associates program in the state, the Pioneer Press reported. The online retailer has previously taken comparable action in other ...

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              Author & journalist Michael Hastings killed in car crash

              Jun 19 2013: Author and journalist Michael Hastings died in a car crash in Los Angeles early Tuesday at the age of 33. The author of two nonfiction books about the wars in Afghanistan and Iraq, he will probably be best remembered for his Rolling Stone interview with General Stanley ...

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                Kenn Nesbitt is new Children's Poet Laureate

                Jun 12 2013: Kenn Nesbitt has been named the new Children's Poet Laureate: Consultant in Children's Poetry to the Poetry Foundation, which noted that the two-year position comes with a $25,000 prize and "aims to raise awareness that children have a natural receptivity to poetry and ...

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