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Perseus Books Group calls off sale to Hachette and Ingram

Aug 08 2014: The sale of Perseus Books Group to Hachette Book Group and Ingram Content Group has been called off. "Despite much effort from all three parties, we could not reach agreement on everything necessary to close the transaction," Perseus CEO David Steinberger said in an e-...

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Authors United take full page ad in Sunday NY Times to send open letter to Amazon

Aug 07 2014: Authors United, a group of nearly 1,000 authors led by Douglas Preston, is running a full-page ad in this Sunday's New York Times, the Bookseller reported. The ad reproduces the open letter that the group began circulating a month ago, protesting Amazon for having "...

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"Where The Heart Is" author Billie Letts dead at 76

Aug 04 2014: Billie Letts, author of novels including "Where The Heart Is" (an Oprah book club pick) has died in Tulsa aged 76.

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HarperCollins completes purchase of Harlequin for C$455 million

Aug 01 2014: HarperCollins' parent company News Corp has completed its acquisition of Harlequin Enterprises for C$455 million in cash from Torstar Corporation. Harlequin, best known as a publisher of women's fiction, will now operate as a division of HarperCollins.

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Amazon second quarter losses higher than expected.

Jul 25 2014: Amazon sales in the second quarter rose 23%, to $19.34 billion, in line with analysts' expectations, but the net loss of $126 million was deeper than expected. In addition, the company said it expects its third quarter loss to be between $810 million and $410 million ...

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45 of current top 100 Amazon Bestsellers are Kindle Unlimited titles. Should these free titles (available for fixed monthly sub) be counted in bestseller list?

Jul 23 2014: Amazon's new "Kindle Unlimited" program that allows unlimited downloads of about 600,000 books (about 500,000 of which are self-published) for a monthly subscription appears to be having a significant impact on Amazon's Top 100 list.

According to industry news source...

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Man Booker 2014 Longlist Announced

Jul 23 2014: The first Man Booker prize to admit novels from across the globe as long as they are written in English has published its longlist.

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In response to Amazon, Baldacci, Child, Deaver, Patterson, Tartt and many others form Authors United.

Jul 22 2014: The group of writers who signed an open letter earlier this month regarding the Amazon/Hachette dispute are now "developing a long-term strategy" under the banner Authors United, the Bookseller reported. The group includes Paul Auster, David Baldacci, Tracy Chevalier, ...

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