The Diesel Bookstore location in Los Angeles’s Brentwood is up for sale now, owners Alison Reid and John Evans announced in a post on their website. Their other Diesel bookstore has been on the market since May 2022, and they are hoping to finalize a sale of both stores by January 2024. “We’ve decided it is time to step back from bookselling and hopefully find a new engaged bookseller to keep the spirit alive, and the tradition going,” they wrote. “We are excited to pass on our beautiful bookstore in Brentwood and put it in the hands of someone who […]
People 8/10
Publisher Sean Desmond has left Twelve to take an editorial position at another publisher that is still to be formally announced. Grand Central has not made any announcement about Twelve's future yet.
People 8/9
At Viking Penguin, Terezia Cicel has been promoted to senior editor.
Online Book Analyzer Taken Down After Backlash
Literature analysis site Prosecraft shut down on Monday after many authors expressed concern online that their books were included without their consent. Prosecraft was a product of Shaxpir, a cloud-based word processing software. According to a blog post, Prosecraft launched in 2017 after founder Benji Smith estimated the word count of his favorite books while writing his memoir. Prosecraft automated that process, analyzing text for word count and number of adverbs, as well as “vividness” and “passive voice,” and sharing sample pages of the latter. The venture used “techniques [that] were originally developed by computational linguists at the UVM Computational […]
New Books Publishing August 8
Daniel Kraus, James McBride, Lisa Jewell, and Lauren Beukes publish new novels this week, while new nonfiction includes work from R. Eric Thomas. Also out this week are MEDUSA’S SISTERS by Lauren J. A. Bear and PROPHET by Helen Macdonald and Sin Blaché, both excerpted in our Buzz Books 2023: Spring/Summer collection. 31 works of fiction https://bookshop.org/lists/new-fiction-publishing-august-8 3 works of nonfiction https://bookshop.org/lists/new-nonfiction-publishing-august-8 From Buzz Books https://buzz.publishersmarketplace.com/ 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 […]
KKR To Acquire S&S For $1.62 Billion
KKR officially announced after the close of the stock market on Monday that they will acquire Simon & Schuster from Paramount, for $1.62 billion, in an all-cash transaction, pending regulatory approval. S&S will become a standalone private company with Jonathan Karp remaining as president and ceo and Dennis Eulau continuing as coo and cfo. “All of the executives at Simon & Schuster who met with KKR came away from those conversations impressed with the depth of KKR’s interest in our business and their commitment to helping us grow, thrive and become an even stronger company,” Karp said in a release. […]