Over at Salon, Joel Whitney explains how The Paris Review worked with the CIA and “served, in part, as a covert international weapon of soft power.” While the possibility is certainly tantalizing, it’s necessary to read Whitney’s article alongside Carolyn Kellogg’s piece in the LA Times, which notes how “the threads of the article … become unsupportably tenuous” as it carries on.
New this week: A Gambler’s Anatomy by Jonathan Lethem; The Fall Guy by James Lasdun; No Knives in the Kitchens of This City by Khaled Khalifa; Mister Monkey by Francine Prose; The German Girl by Armando Lucas Correa; Truevine by Beth Macy; Love for Sale by David Hajdu; and The Loved Ones by our own Sonya Chung. For more on these and other new titles, go read our Great Second-Half 2016 Book Preview.
“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.
“And, it really means so much to us to watch our birds fly out of the high school nest and into an income bracket that could really benefit the Annual Fund this year. I mean, we have 85% of our goal, but as you know, that’s only a B. And we know that you are an A student.” Ah, what a heartwarming and totally genuine letter from my private, nonprofit high school congratulating me on my new job. Thanks, McSweeney’s.