This week’s fiction releases include novels by Nora Roberts and Danielle Steel, while nonfiction includes books by Jerry Seinfeld and Amber Ruffin and Lacey Lamar. 4 works of fiction https://bookshop.org/lists/new-fiction-publishing-november-22 3 nonfiction titles https://bookshop.org/lists/new-nonfiction-publishing-november-22 We consult a number of sources in compiling our weekly lists and PM members can see our lists for the coming three months through this reference page. But if you want to make sure your key titles are on our radar, now you can use this form to submit brief details as well: publun.ch/submitNotable. Please submit your notable titles at least 3 months prior to pub date.
Archives for November 2022
Now Officially Not: Paramount Terminates Simon & Schuster Sale to Bertelsmann, Will Collect $200 (Million) and Pass Go to Other Suitors
On Monday afternoon after the close of the stock market in the US, Paramount Global confirmed in an SEC filing that they have terminated the agreement to sell Simon & Schuster to Bertelsmann, following the enjoining of the sale on antitrust grounds by Judge Florence Pan. The company says, “On November 21, 2022, Paramount terminated the Purchase Agreement in accordance with its terms. Penguin Random House is obligated to pay a $200 million termination fee to Paramount.” Regarding the status of Simon & Schuster within Paramount, as it heads to record results for the year, Paramount reiterates its previous position: […]
Ernest J. Gaines Award
Jacinda Townsend's novel Mother Country won the 2022 Ernest J. Gaines Award for Literary Excellence.
People 11/21
More Barnes & Noble Store Moves
Barnes & Noble will swap locations again, this time in Holmdel, NJ. The current location closes on November 29 after 21 years as the lease expires, and the smaller replacement store in the Commons at Holmdel Shopping Center opens on November 30. The new location is 18,000 square feet and is “across the parking lot.” Separately, the bookseller plans to open a large, 28,000-square-foot store at The Spectrum at Reston Town Center in Reston, VA next spring. The company closed a store in the same mall in 2013. CEO James Daunt hails it as “the largest new bookstore to be […]
Paramount Expected to Let Penguin Random House Deal for Simon & Schuster Expire, Rather Than Await Appeal
Paramount will not extend the deadline for Penguin Random House’s purchase of Simon & Schuster to wait for a judicial appeal, sources first told Reuters (quickly followed by the NYT and the WSJ). The purchase agreement is thought to expire on or about November 21 (it was executed on November 24, 2020). Under the reported terms of that agreement, Bertelsmann must pay Paramount a $200 million termination fee. (As we noted earlier, the fee will cost Bertelsmann more than originally planned, given the rising dollar. In late 2020 it would have taken 169 million euros to pay out $200 million; […]