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HarperCollins completes purchase of Harlequin for C$455 million

Aug 01 2014: HarperCollins' parent company News Corp has completed its acquisition of Harlequin Enterprises for C$455 million in cash from Torstar Corporation. Harlequin, best known as a publisher of women's fiction, will now operate as a division of HarperCollins.

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Amazon second quarter losses higher than expected.

Jul 25 2014: Amazon sales in the second quarter rose 23%, to $19.34 billion, in line with analysts' expectations, but the net loss of $126 million was deeper than expected. In addition, the company said it expects its third quarter loss to be between $810 million and $410 million ...

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45 of current top 100 Amazon Bestsellers are Kindle Unlimited titles. Should these free titles (available for fixed monthly sub) be counted in bestseller list?

Jul 23 2014: Amazon's new "Kindle Unlimited" program that allows unlimited downloads of about 600,000 books (about 500,000 of which are self-published) for a monthly subscription appears to be having a significant impact on Amazon's Top 100 list.

According to industry news source...

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Man Booker 2014 Longlist Announced

Jul 23 2014: The first Man Booker prize to admit novels from across the globe as long as they are written in English has published its longlist.

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In response to Amazon, Baldacci, Child, Deaver, Patterson, Tartt and many others form Authors United.

Jul 22 2014: The group of writers who signed an open letter earlier this month regarding the Amazon/Hachette dispute are now "developing a long-term strategy" under the banner Authors United, the Bookseller reported. The group includes Paul Auster, David Baldacci, Tracy Chevalier, ...

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Apple pleads Second Circuit saying judge's price fixing decision was an “incoherent attack on supposed collusion,”

Jul 15 2014: In an appeal filing with the Second Circuit, Apple attorneys pressed their argument that Judge Denise Cote blew it when she found Apple liable for its role in an alleged conspiracy to fix e-book prices, and pleaded for a reversal.

Calling the DoJ’s e-book price-...

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USA bookstore sales down 8.0% percent year on year to May

Jul 15 2014: USA bookstore sales continue their downward trend with May sales 7.5% lower year on year. Comparing the first five months of 2014 to 2013, bookstore sales are down 8.0% compared with a 3.4% rise in the entire retail segment.

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Nadine Gordimer, dead at 90

Jul 14 2014: Nadine Gordimer, the South African writer whose literary ambitions led her into the heart of apartheid to create a body of fiction that brought her a Nobel Prize in 1991, died on Monday in Johannesburg. She was 90.

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