After months of rumors, there are at least vague details about the ebook publishing plans of IAC chairman Barry Diller and film producer Scott Rudin. They have formed Brightline, led by Frances Coady–who left Picador, where she was president and publisher, in a February restructuring after 12 years at the imprint–with $20 million in funding from IAC. In parallel, the NYT reports, there is a partnership between Brightline and The Atavist, in which the two “will exchange an undetermined amount of minority equity interests in each other’s ventures” and publish together in an otherwise undefined partnership. The two companies will […]
