Millicent Bennett has joined Houghton Mifflin Harcourt as editorial director, reporting to Bruce Nichols. She was previously executive editor at Grand Central, and has worked at Simon & Schuster, Random House, Ecco, and Knopf. Sarah Pelz has joined HMH as executive editor, reporting to Deb Brody, with a focus on acquiring lifestyle nonfiction. She was…
Agency News
ICM Sells A Stake to Private Equity
ICM Partners, which bought its freedom in 2012 from controlling investor Rizvi Traverse Management, has once again sold a stake in the agency. This time, they have a sold a minority one-third share in the agency to Crestview Partners, for approximately $150 million. CEO Chris Silbermann told Variety some of that money would be used…
Briefs: Neon Literary, Bloomsbury’s China JV, and More
Agency News Anna Sproul-Latimer and Kent Wolf have joined to launch Neon Literary, with offices in New York and Washington, DC. Sproul-Latimer has been at the Yoon Ross Agency for almost 15 years, and Wolf has been at the Friedrich Agency. They say in their announcement “it was the eventual realization that their clients were…
People, Etc.: Folio Acquires Emma Sweeney Agency, and More
Folio Literary Management has acquired and will continue the business of Emma Sweeney Agency, effective January 2, 2019. Sweeney says in the announcement, “I’ve enjoyed a very rewarding 37 years in book publishing and am grateful for the life it’s given me, as well as the wonderful friendships. The decision to move on has been…
Walsh Leaves Behind Agenting at WME to Focus On Events
William Morris Endeavor’s head of worldwide literary, lectures, and conference divisions Jennifer Rudolph Walsh is moving into a new role at the company, focusing on the live events business she built at the agency. Walsh does so as the annual TogetherLive event she co-founded with Glennon Doyle readies its annual tour, this year to 10…
Endeavor Withdraws IPO, After First Reducing Pricing and Share Volume
By late Thursday Endeavor Group decided to withdraw their planned initial public offering of shares, set for Friday. The decision came after Peloton went public Thursday and saw its shares fall 11 percent from the opening price. Like Endeavor, Peloton loses money. The company said in their statement, “Endeavor will continue to evaluate the timing…