Wednesday, July 12, 2017

The Roundup with PW

Bertelsmann Ups PRH Stake to 75%
Bertelsmann has agreed to buy a 22% stake in Penguin Random House that will generate about $1 billion for Pearson, which will still have a 25% stake in the trade publishing giant.
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The Sky’s the Limit for Amazon’s Stock
The rise in Amazon’s stock price drove up the Publishers Weekly Stock Index by nearly 28% in the first six months of 2017. Without Amazon, the index would have fallen 5.4%.
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Japanese Distributors Fret Over Amazon: Amazon Japan is moving to expand its direct dealings with publishers rather than going through wholesale publishing distributors.

Valerie Jarrett Has a Book Deal: Valerie Jarrett, one of Barack Obama’s closest and longest-serving aides during his presidency, will publish a book with Viking in 2019.

Barry Jenkins Adapts Baldwin: For his follow-up to the Oscar-winning 'Moonlight,' the director will bring James Baldwin's 'If Beale Street Could Talk' to the silver screen

The Books That Spur Science Writers: Brian Cox, Garry Kasparov, Gaia Vince, and other stars of science writing on the books that first fired their imaginations.

Octavia Butler, In Her Own Stories: Octavia Estelle Butler became the first black female science fiction writer to reach national prominence. An exhibit in California shows how.



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