“Bertelsmann’s 7% decline in 2016 revenue was due entirely to a drop in sales at Penguin Random House. The lack of a big new bestseller hurt results at the company, and it divested some smaller divisions in the year.” For those interested in inside baseball, Publishers Weekly takes a look at how the world’s 50 largest publishers are faring. (TL;dr: Although their total revenue topped $50 billion, more than half of the list’s publishers reported sales declines – oh, and Harry Potter still really, really sells). As a counterpoint to all that capitalism, read our own Edan Lepucki‘s survey of self-published authors.
“Yes, they believed I was a dangerous person, unpredictable, and I observed that I really scared them. Sometimes I noted that the guards looked at me as judges. Their look translated to me as ‘gorilla, stay in your cage!’ When soldiers were off-duty, they came to gawk at me with a sense of wonder. Sometime they would throw me a piece of meat or something sweet, just like to an animal. The old EZ: an exciting and fascinating sight.” Ezra Pound reflects on his time in an Italian prison.
Chris Rose laments the erosion of his former employer, New Orleans’s Times-Picayune, in the pages of Oxford American’s New South Journalism issue. Meanwhile, James Pogue discusses the art of fact-checking, which he says “has recently become a voguish topic among the New Yorker-reading and NPR-listening set.” This is of course to say nothing of the London Review of Books-reading set across the pond as well, much less the Onion-reading set located far and wide.
A book a day keeps the doctor away. The Reach Out and Read Program hopes to give children (from 6 months to 5) as much exposure to books as vitamins when they got to the doctor’s office. Pediatricians who participate in the initiative discuss reading at every check-up by giving books to families, advising parents about the importance of reading to their kids, and monitoring how the children engage with books.
“Home is the place where there is someone who does not wish you any pain.” Stop what you’re doing and go read this interview with Darryl Pinckney, author of Black Deutschland, over at The Rumpus. Here’s a great Millions essay on Christopher Isherwood’s Berlin Stories, which serves as a sort of (misguided) guide map for the protagonist of Black Deutschland.