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McSweeney's Becomes a Nonprofit

San Francisco-based publisher McSweeney's announced it will go forward as a nonprofit organization, with the intent of obtaining 501(c)3 status next year. For now McSweeney's, founded in 1998, will run as a fiscally sponsored project of SOMArts, which runs the South of Market Cultural Center in San Francisco. In a telephone…

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Approximately 25 Let Go at Globe Pequot & Lyons Press

Two months after Rowman & Littlefield acquired Globe Pequot Press from Morris Communications, the Guilford, CT-based publisher has let go approximately 25 staffers, including a number of people from editorial and sales. Four Lyons Press editors and a manager were let go, as were the managers of Globe Pequot Press…

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Hachette Promises to "Spare No Effort" In "Exploring All Options" in Dispute with Amazon

Hachette Book Group issued a new statement Friday evening in the wake of Amazon's removal of pre-order capabilities on forthcoming Hachette titles, which itself stemmed from an ongoing dispute over terms. "We are determined to protect the value of our authors' books and our own work in editing, distributing, and…

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Touchstone Cancels Publication of @GSElevator Book

The strange saga of @GSElevator, the satirical Twitter feed purportedly from a Goldman Sachs insider who was "unmasked" by the NYT as 34-year-old Texas-based Citi banker John Lefevre last month, has added another turn, as Touchstone announced it has canceled publication of STRAIGHT TO HELL, the formerly anonymous author's forthcoming…

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Briefs: Penguin India Defends Withdrawal; The Bookseller Drops Author Solutions Ads; and more

Penguin India issued a statement earlier today regarding its decision to pull Wendy Doniger's THE HINDUS from sale in that country after a settlement that ended a four-year court battle. "Penguin Books India believes, and has always believed, in every individual's right to freedom of thought and expression, a right…

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Expectations

For us it's that time of year when we are neither fully nor entirely off. Publishers Lunch will be occasional until 2014, as the news requires/allows. (We'll be back at least once next week with deals and links at a minimum.) Publishers Marketplace continues to operate as usual, and we…

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Simon & Schuster Looks to Record Finish

Simon & Schuster ceo Carolyn Reidy dispatched her end-of-year letter to employees on Friday afternoon, noting that "If sales through the end of December hold to our projections, I'm happy to report that we will deliver record profits, a healthy gain in revenues, and our best-ever margins." The company finishes…

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Dohle Notes First Holiday As A Merged Company

Last year Random House ceo Markus Dohle sent employees an e-holiday card rather than a year-end holiday letter (after providing RH US employees with a special $5,000 bonus as a "thank you payment" -- accompanied by a brief note -- after record earnings from Fifty Shades and other successes). This…

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Briefs: Grand Central Heads Near Rockefeller Center, and More

Hachette Book Group's planned relocation has become real estate news via Crain's, which confirms the publisher's lease of space at 1290 Sixth Avenue for occupancy some time next year. They are taking over a chunk of two floors recently vacated by Microsoft. The move will put them across the street…

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Amazon Acquires AudioGo's UK Catalog; Kindle Paperwhite Rumors; and More

Amazon has a licensing deal to publish the UK back catalog of bankrupt audiobook publisher AudioGo, according to the Sunday Times. The deal gives Amazon (which owns Audible) access to at least 5,000 titles from the company previously known as BBC Audiobooks. In Amazon rumor news, TechCrunch says the company's…

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