“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.
Obama brings hope, change to the publishing industry.I hope that I shall never see / A book of Palin’s poetry.The Nation talks with the journalist who helped research 2666.Chuck Klosterman gets in the ring with Axl, Bucket and, uh…hey, man, remind me who else is in this band?How is a Snopes like a Lebowski? More Intelligent Life counts the ways.The new online magazine Flyp offers a “truly interactive” look at Jeffrey Eugenides.Ed and his doppelganger Bat have put together a three DVD set of the complete interviews of Bat Segundo, for sale now on the sidebar of the Bat site.The Quarterly Conversation issue 14 is now out, featuring considerations of Gaddis and Bukowski and an opportunity to win every single one of Roberto Bolaño’s works available in English.We were lucky enough to join some accomplished company in Blogs.com’s list of the 10 Best Literature Blogs, curated by Largehearted Boy.Speaking of Largehearted Boy, he has posted his top albums of 2008 list.The Bad Sex in Fiction Award announces its distinguished list of finalists. And the winner is Shire Hell by Rachel Johnson, with a Lifetime Achievement Award going to John Updike.The Washington Post profiles M.T. Anderson, the D.F. Wallace of Young Adult literature.And, following up on our Wallace Shawn posts, here’s audio of the man himself, reading James Comey’s testimony before Congress.
Sick of feeling inadequate compared to your literary peers? Well, you might want to stop reading, then: turns out Adam Thirlwell published his first book when he was three. (The readers of Granta learn this not from Thirlwell, who seems a bit abashed, but instead from Year in Reading alumnus Jeffrey Eugenides.)
Max’s verdict in the opening round of The Morning News Tournament of Books has been posted. Which book did he pick, Gate at the Stairs or The Book of Night Women? Hop over to TMN to find out. And don’t miss the match commentary, which has some great additional discussion of both books.
Edward “The Godfather” Thorp has been widely recognized as the “father of card counting” since the publication of his bestselling book Beat the Dealer in 1962. Today, at 70 years old, the man’s impact on the card game is ubiquitous, but perhaps nowhere moreso than at Las Vegas’ annual Blackjack Ball.
“It can not be that I monopolize / The making of the songs that give you praise / Or that such pools as are your dearest eyes / Have just one bather through the unclear days. / Then, let me take my place amid the pack, / If I so pack my songs with your rare worth / There were no quality they then should lack / But they were bettered by that happy death.” A previously unpublished Ezra Pound sonnet selling at auction is always newsworthy–especially when it fetches nearly $12,000. Here is a related Millions piece about the difficult poetry of Ezra Pound, John Berryman, and Ted Berrigan.