Kim Shannon has been promoted to vp, director, retail sales at Penguin Random House.
Awards
The Carnegie Medal was awarded to Tanya Landman for Buffalo Soldier, while the Greenaway Medal was given to William Grill for Shackleton’s Journey, which he wrote and illustrated. Grill is the youngest prize winner (at age 25) in more than 50 years.
Obituary
James Salter, 90, died June 19 in Sag Harbor, NY. He was the author of novels including A Sport and a Pastime (1967) and Light Years (1975) as well as two short story collections and a memoir. The NYT reports his wife told them that he “had just agreed to write a memoir of his writing life, for Knopf.”
M&A
Further to last week’s advance reports, Martha Stewart Living Omnimedia confirms that the company will be sold to Sequential Brands for about $353 million, half in cash and half in stock. (Investors had been expecting a higher price last week, so shares declined on Monday morning.) Stewart will “continue to be an integral part of the brand she founded,” serving as chief creative officer.
Forthcoming
The February 2016 trade paperback edition of The Whites — originally published as “Richard Price writing as Harry Brandt” — will simply credit Price as the author, dropping the “transparent pseudonym.” Price said of the device in February, “It seemed like a good idea in the beginning, and now I wish I hadn’t done it. This pen name is like pulling a rabbit out of a glass hat.”