The votes are all in and we’re ready to celebrate the consensus very best books of 2024, based on a broad collection of lists. As was plainly clear from the start, Percival Everett’s JAMES towered above all others as the consensus book of the year. In nonfiction, Hanif Abdurraqib’s THERE’S ALWAYS NEXT YEAR was a leader from the start as well, joined in the end by Salman Rushdie’s KNIFE to share the distinction of nonfiction book of the year. Liz Moore’s GOD OF THE WOODS was first featured in one of our Buzz Books samplers, and in all, 17 books […]
2024: The Year In Mergers
It was a pretty odd and modest year in mergers and acquisitions if we are being honest. Not only were there no blockbuster deals, there were very few acquisitions of any significant scale at all. There was a cluster of distress sales, however: Australian retailer was bought out of bankruptcy reorganization, as was Tattered Cover in Colorado. Barnes & Noble Education avoided delisting of its stock through a complicated refinancing that left Immersion Corporation in control. Canadian retailer Indigo went private in order to reorganize and recover, and Endeavor went private again after only a few years as a public […]
2024: The Year In Stories
As noted briefly in our anniversary post last month, it’s been another busy year for the small but mighty crew at PL + PM, with multiple site enhancements as well as daily reporting that goes deeper than ever. Below is an informal recap, not necessarily of the year’s “biggest” stories, but of pieces and coverage areas where Lunch has brought an extra dimension to community knowledge: All Things AI We have endeavored to provide serious consideration of the issues, opportunities, and egregious theft throughout the year. Among some of our more notable firsts and/or onlies: We revealed the actual AI […]
Louis Hachette Group Stock Jumps On First Listing
The new spin-off company created by Vivendi, the Louis Hachette Group, started trading in France on Monday morning. The stock was priced at €1.12 per share, giving the company an initial market capitalization of €1.11 billion–though shares jumped at the open, trading above €1.40 per share during the morning. The group comprises Vivendi’s controlling share in Lagardere, which still trades on its own, as well as Prisma Media. The value of the new spinoff seems modest, however, given that Lagardere on its own has a market cap of almost €3 billion.
Amazon Aspires (and Hires) to “Enhanc[e] the Book Publishing and Reading Experience Using Cutting-Edge AI Technology”
Amazon has a job listing for a position in India for a senior applied scientist, book content experience, as part of a “Publishing & Reading Science team,” looking for people “who are passionate about Reading and are willing to take Reading to the next level.” The goal is “leveraging advances in AI to improve the Reading experience for Kindle customers, and the Publishing experience for book content creators and distributors” by “making publishers lives easier through AI.” The corpus appears to be book content that was provided for a far different purpose (and might be restricted, depending upon your agreements): […]
The Next of the Best of the Best Books of 2024
With about 50 “votes” counted, we are closing in on our final aggregations of the very best of the “best books of the year,” now with full lists in all of our tracked categories. The fiction picks remain dominant, in keeping with the year’s sales and mood, and Percival Everett’s JAMES towers above all others. The rest of the adult lists are pretty firm at this point, with a little room at the bottom, particularly among nonfiction. Next week we’ll share the PM staff’s own picks and at the end of the week we will publish the final lists, with editor, […]