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Financial Woes May Force Closure of Mark Twain's Historic Home
The home where Mark Twain penned classics such as The Adventures of Huckleberry Finn and A Connecticut Yankee In King Arthur's Court may be shutting its doors to the public, as the nonprofit organization that has shaped the property into a cultural center has encountered what may be the final blows in a recent deluge of financial troubles, the New York Times reported yesterday.
Reports Show Rise in Book Publication and Sales, but Forecast Is Cloudy
Book sales rose slightly in 2007 over the previous year, but the upward trend seen over the past few years may not continue, the New York Times reported today.
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Alex Clark Appointed First Woman Editor of Granta
The London-based literary and cultural magazine Granta announced yesterday that Alex Clark will be its first female editor. Clark, who will continue to serve as the magazine's deputy editor until she assumes her new post in September, succeeds Jason Cowley, who left earlier this month to become editor of the New Statesman, a British news weekly. Cowley was editor of Granta for seven months.
Plans for the Norman Mailer Writers Colony Begin to Take Shape
Plans for the Norman Mailer Writers Colony will move one step closer to fruition next Friday in Provincetown, Massachusetts, where a reception will be held in order to begin raising the twelve to fourteen million dollars needed to launch the nonprofit foundation.
HarperCollins to Phase Out Paper Catalogues
HarperCollins announced yesterday that it is phasing out paper catalogues and replacing them with interactive, online lists of upcoming releases. The publisher plans to launch a beta version of the electronic catalogue in six to twelve months. By summer 2009, HarperCollins spokesperson Erin Crum told Publishers Weekly, the publisher's practice of sending out a hundred thousand paper catalogues to booksellers and librarians for each of the three publishing seasons—summer, winter, and fall—will be a thing of the past (though a limited number of print copies will still be produced).
Random House CEO Reported to Be Stepping Down
Peter Olson, the chief executive of Random House, is said to be stepping down from his post in the next few weeks. The New York Times reported yesterday that the fifty-year-old, who has been running Random House since 1998, has recently come under pressure as the publisher's worldwide revenue fell 5.6 percent last year.
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