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Archives for March 2011

March 31, 2011By Michael Cader

The May 2011 Indie Next List

March 31, 2011By Michael Cader

Here are the ABA’s May selections: 1. The Story of Beautiful Girl, by Rachel Simon Doc: A Novel, by Mary Doria Russell The Snowman, by Jo Nesbo, Don Bartlett (Trans.) The Year We Left Home: A Novel, by Jean Thompson Lost in Shangri-la: A True Story of Survival, Adventure, and the Most Incredible Rescue Mission of World War II, by Mitchell Zuckoff The Coffins of Little Hope, by Timothy Schaffert You Believers, by Jane Bradley Caleb’s Crossing: A Novel, by Geraldine Brooks A Moment in the Sun, by John Sayles In the Garden of Beasts: Love, Terror, and an American […]

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March 31, 2011By Sarah Weinman

People

March 31, 2011By Sarah Weinman

Associate Publisher of Knopf Canada Michael Schellenberg has decided to leave the company to consider new paths for his future career. ” I am proud to have had the opportunity to work with him and see his creative talent and commitment to authors, as well as his passion for books, both literary and commercial,” said Random House Canada EVP Louise Dennys in a statement. Schellenberg joined Knopf Canada as a senior editor in 2003. Randy Ladenheim-Gil has left Alpha Books, where she was executive editor, in the wake of the company’s consolidation of the imprint’s editorial staff in its Indiana […]

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March 31, 2011By Sarah Weinman

What Borders Paid Creditors Before Filing for Bankruptcy; 12 More Angus & Robertson Shops to Close; and More

March 31, 2011By Sarah Weinman

A new filing in federal bankruptcy court yesterday indicated how much money Borders paid creditors in the 90 days leading up to its Chapter 11 filing on February 16, and how those payments were dispensed. Looking at the largest publishing houses, Random House and Penguin received approximately $24 million, but Penguin received two bulk payments of about $12 million on November 19, while Random collected payments through February 3, though nothing more sizable than $1.6m received on December 24. HarperCollins received $14.1 million, with $12.5m paid by December 9, and nearly all of Macmillan’s $6.8m paid was received from Borders […]

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March 31, 2011By Sarah Weinman

Briefs: Controversy over The Pale King On-Sale Date; Details on Stephenie Meyer’s Next Novel; and More

March 31, 2011By Sarah Weinman

Little, Brown made much hay of publishing David Foster Wallace‘s unfinished novel The Pale King on April 15, since that day is tax day (except this year it’s not, thanks to a tardy Congress) and the book features the day-to-day thoughts and deeds of IRS agents. But the book’s actual on-sale date was March 22, which is how Amazon, BN.com and other online retailers started shipping copies to customers – even though most independent bookstores weren’t selling the book yet or hadn’t even received copies, believing or having been told the book was embargoed. “I don’t really understand the confusion,” […]

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March 30, 2011By Sarah Weinman

People

March 30, 2011By Sarah Weinman

Adam Rothberg has been promoted to Senior VP, Corporate Communications at Simon & Schuster. He joined the company in 1985 and has been VP, Corporate Communications since 1999. Penguin and BlogHer have partnered for an online book club and writer’s conference. Starting today BlogHer’s new book club section will feature two Penguin titles a month, beginning with Geraldine Brooks’ novel People of the Book. The writer’s conference will take place in New York this fall and will target women writers and bloggers. Open Road Integrated Media has appointed Biagi Rights Management as their subsidiary rights licensing agent. Rights inquiries can […]

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March 30, 2011By Sarah Weinman

A Look at Borders’ Liquidation Process as More Leases Are Rejected

March 30, 2011By Sarah Weinman

Bloomberg takes a closer look at the Borders liquidation process and how it’s being handled by Hilco, who agreed to pay Borders 85.75 percent of the “cost value” of all merchandise, somewhere between $180.6 million and $204 million. But one of Hilco’s competitors in the liquidation auction, Great American Group director Scott Carpenter, bowed out because the firm “didn’t think you could achieve those values and make a profit.” Previously Borders told the bankruptcy court they expected liquidation sales to bring in about $175 million. Bloomberg  In addition, federal bankruptcy court filings indicate the approval of nine Borders lease rejections in […]

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