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Book Blog: Book Publishing News

Joe the Plumber Becomes Joe the Published Author
Joe the Plumber is about to become Joe the Published Author. Yes, Joe the Plumber has landed a book deal.
Samuel Wurzelbacher's book, Joe the Plumber: Fighting for the American Dream, will address his ideas about American values, his publisher says. Mr Wurzelbacher sprang to fame when he challenged President-elect Barack Obama about his tax proposals in October.

He said he had chosen a small publisher in order to help "spread the wealth". The term is a reference to the phrase used by Mr Obama when responding to a question from Mr Wurzelbacher about raising taxes for people who earn more than $250,000 (£166,000) a year. The Republican candidate, Senator John McCain, later used the term in an effort to discredit Mr Obama's tax policies, and gave Mr Wurzelbacher a starring role in his campaign rallies and debates.
Does America want to hear more from Joe the Plumber? Texas-based PearlGate Publishing is about to find out.

Posted on November 20, 2008
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Nate Silver Inks Two Book Deal
We all know how important polling is to political candidates: Barack Obama had four pollsters on staff. Now that the election is over, top pollster Nate Silver has now inked a two book deal with Penguin.
[P]olitical polling expert Nate Silver, the wunderkind statistician behind the Web site FiveThirtyEight.com, was out with a proposal for two books: one about the art of prediction and the other a Freakonomics-style guide to the mechanics of electoral politics. Mr. Silver's agent, Sydelle Kramer of the Susan Rabiner Agency, told publishers she wanted indications of interest by Tuesday, but evidently the indications came faster than expected (so much for the art of prediction) and Ms. Kramer decided to just hold an auction today. According to several sources, that auction has ended, and Penguin Group USA has prevailed.

Which of Penguin's imprint will publish Mr. Silver has not yet been determined, however, as there are at least three within the company that are jockeying for the privilege. The pricetag, we hear, is above $600,000 but below $1 million—a healthy sum even though it's paying for two books rather than just one. Update, 5:00 p.m.: New intelligence says Mr. Silver's advance is in the neighborhood of $700,000, give or take a few grand.
The art of prediction should come in very handy in these troubled economic times. We can't remember the last time a pollster picked up a cool $700k in a book deal.

Posted on November 18, 2008
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Sarah Palin Could Land $7 Million Book Deal
Alaska governor Sarah Palin could receive up to a $7 million advance for a memoir.
After she spent the last few weeks talking to just about any camera put in front of her, it should come as no surprise that former vice-presidential candidate Sarah Palin is moving closer to inking a book deal. Just how much could the Alaska governor make from putting pen to paper? About $7 million, according to some estimates. Sound like a lot? Not necessarily, says one literary insider.

"Bill Clinton made more than $10 million when he signed his deal in 2001 and that was the most for a former president," says the source. "Sarah brings something different to the table — there is so much curiosity surrounding her and her life. If they move fast and get this thing on shelves, then a $7 million advance could be worth it." As if there wasn't enough proof already that Palin has achieved full pop-culture phenom status, consider this: Paparazzi photos of the governor have surfaced. In the photos, which have popped up online, Palin is pictured lounging poolside (in T-shirt and shorts) doing, well, nothing.
It's true. When the paparazzi aim their long lenses at someone who's just hanging out in shorts and a t-shirt, that person is officially a celebrity. $7 million seems a bit high to us, unless she's willing to really dish the dirt. That seems most unlikely.

Posted on November 17, 2008
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Cornelia Funke Moves to Little, Brown
Cornelia Funke, author of the bestselling Inkheart series, just signed a multi-book deal with Little, Brown. She was formerly with Scholastic in the U.S.
"Cornelia Funke is that rare breed of writer in the tradition of the master storytellers from the Brothers Grimm and Charles Dickens to Roald Dahl and Philip Pullman," said Megan Tingley, senior v-p and publisher at Little, Brown BFYR, in a statement. "We are honored to be the new U.S. publishing home of this magnificent talent."

Tingley and editorial director Jennifer Hunt, who will edit Funke, have acquired North American rights for a publishing program that will include middle-grade and young adult novels, as well as a picture book. Funke's first title with Little, Brown will be the novel Reckless, about two modern brothers in a magical 19th century world reminiscent of Grimm's fairy tales. Reckless is tentatively scheduled for 2010 publication and will be followed by the middle-grade novel The Knight and the Boy.
That is quote a coup for Little, Brown. Cornelia is hot, hot hot.

Posted on November 13, 2008
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Michael Crichton's Next Book May Be Canceled
USA Today reports that Michael Crichton's next book, which was scheduled for release in spring of 2009, has been canceled because of the author's recent death.
Before Michael Crichton died last week from cancer at age 66, he had begun writing another novel. But its status remains a mystery. Until the day his death was announced, online bookseller Amazon listed an untitled Crichton novel scheduled to be released in May. "We checked with the publisher, and that book had been canceled," Amazon's Tammy Hovey says. "So it was removed from the site." Crichton's publisher, HarperCollins, won't confirm that it has been canceled. Crichton's last novel, Next (2006), imagined a legal battle over who owns cancer-fighting cells taken from a man fighting leukemia. It peaked at No. 2 at USA TODAY's Best-Selling Books list.
If HarperCollins won't confirm that the book is canceled, that means that the publisher isn't sure how far along Crichton was in the manuscript and is most likely trying to see if there is a way to get it into a publishable state, perhaps with another author to help out. Stay tuned on this one.

Posted on November 12, 2008
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Anne Kornblut Writing Hillary Clinton Book
Anne Kornblut of The Washington Post is writing a book about Hillary Clinton to be called, Rejection: Why America Isn't Ready For a Woman President. Crown will publish the book.
The book was acquired for a sum in the mid-six figures by editor Sean Desmond in a deal that was brokered by the Endeavor Talent Agency's Richard Abate.

Ms. Kornblut's is the first of what is sure to be many post-election books, a category that is so far known to include titles from Newsweek, Media Matters' Eric Boehlert, Mark Halperin and John Heilemann, and Ms. Kornblut's Post colleagues Haynes Johnson and Dan Balz.
Those who were hoping that the election was over will be disappointed at the barrage of post-election analysis books that will be hitting bookshelves soon. But political junkies will snap them up. Brace yourselves: Mike Huckabee has already been to Iowa in anticipation of the 2012 election.

Posted on November 10, 2008
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Falling in Love With the Kindle
Virginia Heffernan of The New York Times finally falls in love with the Kindle ebook reader. It's not pretty. But it's great for people who travel, read a lot of books and yet don't want to carry a lot of books with them. And it's not a phone, so no one keeps calling you as you're trying to read.
In short, you get absorbed when reading on the Kindle. You lose hours to reading novels in one sitting. You sit up straighter, energized by new ideas and new universes. You nod off, periodically, infatuated or entranced or spent. And yet the slight connection to the Web still permits the (false, probably, but nonetheless reassuring) sense that if the apocalypse came while you were shut away somewhere reading, the machine would get the news from Amazon.com and find a way to let you know. Anything short of that, though, the Kindle leaves you alone.

And alone is where I want to be, for now. It's bliss. Emerge from the subway or alight from a flight, and the Kindle has no news for you. No missed calls. It's ready only to be read. It's like a good exercise machine that mysteriously incentivizes the pursuit of muscle pain while still making you feel cared for. The Kindle makes you want to read, and read hard, and read prolifically. It eventually makes me aware that, compared with reading a lush, inky book, checking e-mail is boring, workaday and lame.
Version 2.0 of the Kindle isn't coming out anytime soon, so new purchasers can be reasonably sure that Amazon.com won't pull a Steve Jobs on them and roll out a new model just after you've bought one. You can see the Kindle in all its glory at Amazon.com.

Posted on November 6, 2008
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Obama's Book Sales Soar After Presidential Win
Barack Obama was elected the 44th American president last night. Today, book sales have soared for the President Elect's two books, Dreams from My Father (#10 on Amazon.com) and The Audacity of Hope (#1 on Amazon.com).

President Elect Obama probably won't be writing any more books for awhile: he's got a very busy schedule ahead of him.

Posted on November 5, 2008
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Barnes and Noble Braces for Terrible Holiday Sales
Barnes and Noble is bracing for a terrible holiday season because of the recession.
In a memo sent to employees last week, Barnes & Noble chairman Len Riggio said with the retail environment the worst he has ever seen as a bookseller, the nation's largest bookstore chain is "bracing for a terrible holiday, and expect[s] the trend to continue well into 2009, and perhaps beyond." The release of the memo was first reported this afternoon by the Wall Street Journal.

*****

While Riggio said he still expects B&N to post a "decent profit" this year, the difficult financial environment means the retailer will need to be even more diligent with expense controls, inventory management and capital expenditures. B&N will continue to invest in its systems, but new store openings will be curtailed and discretionary spending "cut to the bone," Riggio wrote. In its second quarter report, B&N said it was reducing new store openings in 2009 to 20 to 25, down from its usual openings of 30 to 35 stores.
All retailers are issuing similar, gloomy statements about projected earnings during the holidays. Although really, books make a great gift and they are certainly cheaper than electronics.

Posted on November 4, 2008
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Google Pays $125 Million to Settle Copyright Lawsuit
Google is paying $125 million to settle the lawsuit brought against it by publishers and authors over Google's plans to digitize every book on the planet without first getting permission from the copyright holders.
The agreement, which is still subject to approval from the US District Court for the Southern District of New York, will see Google paying out $125m in total, of which a minimum of $45m will go to authors and publishers whose books were digitised without their approval. Google will also pay $34.5m to establish a book rights registry, and will cover legal fees.

Authors Guild president Roy Blount Jr said the deal made "good sense". "As an author, well, we appreciate payment when people use our work," he said. "It's hard work writing a book, and even harder work getting paid for it."

The agreement follows outrage from American publishers and authors three years ago, when they learnt of agreements struck by Google with certain American universities to scan books which were still in copyright, which would then be digitised and searchable online. American authors' body the Authors Guild led the charge against the search engine, filing suit in September 2005 along with a number of authors.

Under the terms of the agreement, US readers will be able to preview up to 20% of most out-of-print books for free, with authors and rights holders of in-copyright but out of print works able to opt out of the arrangement if they choose.

For in-copyright books that are still in print, readers will be able to find the books, but will not be able to view any portion of it unless its publisher has signed up to Google's partner programme.
This is a good outcome for everyone involved. Authors get paid for their work and consumers have wider access to books.

Posted on October 31, 2008
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Doubleday Lays Off Ten Percent of Workforce
Doubleday Publishing has laid off 10% of its workforce.
The group, which is owned by Bertelsmann, the German media group, laid off people from its editorial, publicity, advertising, marketing and administrative staffs. "It's not a great year," said David Drake, a Doubleday spokesman. "We've had a lot of best sellers, but does that translate into the numbers that we need and that everyone is looking for? Obviously not."

Mr. Drake said the decision was not related to the delay in the delivery of the next novel by Dan Brown, the author of The Da Vinci Code, the blockbuster best seller published in 2003. Back in 2004, Doubleday said the target release date for the next book was 2005, but Mr. Brown has yet to deliver a manuscript. Sales from even a single title - if it is as significant as The Da Vinci Code - can make a substantial difference to a publisher's sales.

Nevertheless, "the changes we've made are quite separate from anything to do with Dan Brown," Mr. Drake said.
And speaking of Dan Brown, we've heard rumors that The Solomon Key is nearing completion. Angels and Demons will come out as a feature film in May, 2009 -- we're thinking that would be a logical release date.

Posted on October 28, 2008
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Rupert Murdoch Furious at First Draft of Wolff's Bio
Rupert Murdoch is reportedly quite unhappy with the first draft of Michael Wolff's new book about him. Murdoch, perhaps unwisely, allowed Wolff access to him and his life. Now the book's revelations have Murdoch hopping mad.
Now, with about six weeks to go before publication, Mr. Murdoch has raised objections with Mr. Wolff and his publisher about portions of the book, titled The Man Who Owns the News: Inside the Secret World of Rupert Murdoch, that suggest that Mr. Murdoch is at times embarrassed by Fox News, which he owns, and its chief executive, Roger Ailes, and that he often shares "the general liberal apoplexy," as Mr. Wolff writes in the book, toward Fox News and its perceived conservative slant.

In early October Mr. Murdoch obtained an early draft of the book, despite a tight embargo on the manuscript, and has raised objections with Doubleday, a division of Random House, about what he said were inaccuracies in the way Mr. Wolff describes relations between Mr. Murdoch and two of his top executives - Mr. Ailes and Peter Chernin, the president of News Corporation.

"I'm obviously annoyed that they're looking at an early version of the book, and a purloined one at that," Mr. Wolff said in an interview. "In essence News Corp. is holding stolen goods."
Wolff says he has all the interviews on tape and that it's all true. These guys never learn. When a Bob Woodward or Michael Wolff say they want to do a book on you, so can they have access to your life, you say "thanks, but no thanks." Because those guys always find out what you're hiding. And that's what makes their books so much fun to read.

Posted on October 27, 2008
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David Cronenberg Writing a Novel
Director David Cronenberg is writing a novel. Best known for his film The Fly, Videodrome and A History of Violence, Cronenberg is known for his distinctive style of moviemaking. So what will his book be about? He's not saying. But publishers have snapped it up anyway.
The moviemaker, who was attending the Rome Film Festival on Thursday, said he has written 60 pages of a novel, but besides ruling out that it would be a

horror or science fiction, offered few details on the project. "Based on the pages I have written we found publishers all over the world, which is very terrifying to me," Cronenberg told reporters. "It's at a very delicate phase right now, so I can't really talk about it. It's not like Stephen King, I don't know what it's like but you wouldn't call it a horror or science fiction novel at all. But what it is exactly, well, I don't know yet."
We'll be quite interested to see what he comes up with. One thing is for sure: it will be intense.

Posted on October 24, 2008
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Kindle 2.0 Launch Delayed
Publisher's Weekly reports that the much-anticipated second version of the Kindle ebook reader isn't coming out for quite awhile.
CFO Tom Szkutak said that while sales of the Kindle have exceeded expectations, it does not plan to release a new version of the e-reader until 2009 "at the earliest." He noted that Amazon has ramped up manufacturing capacity for Kindle, and the device is in stock. When the Kindle was introduced last November, the readers quickly went out of stock. Amazon said the e-book reader now accounts for more than 10% of unit sales for books that are available both in digital and print formats. Bezos said purchase of e-books is "additive" to sales of print books with Kindle e-book buyers tending to buy as many print books in addition to e-books.
So no new Kindle for Christmas. That is a major bummer.

Posted on October 23, 2008
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Jose Conseco is Sorry for Writing Tell All Book
After all the drama and the legal entanglements, Jose Conseco now regrets writing his bestselling tell-all book, Juiced.
"During the A&E Network's one-hour documentary, "Jose Canseco: The Last Shot," Canseco said he "regrets mentioning players [as steroid users]. I never realized this was going to blow up and hurt so many people."

During the program, the 44-year-old Canseco said he "wanted revenge" on Major League Baseball because he believed he had been forced out of the game. The book was his means of getting even, and he named names "to show I was telling the truth" about steroids in baseball, he said.

Canseco also said he wishes he could apologize to players he named in his book, like Rafael Palmeiro, Sammy Sosa and Mark McGwire.

"If I could meet with Mark McGwire and these players, I definitely would apologize to them," Canseco said, according to the New York Daily News. "They were my friends. I admired them. I respected them."
Now he's sorry? It's a bit late for that, we're thinking.

Posted on October 22, 2008
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Financial Crisis Spurs Book Sales
In the midst of the financial crisis, book sales are up, especially books about finance, investing and how the wealthy made their fortunes.
Borders Group Inc, the second largest U.S. bookseller, and Amazon, the world's largest Web retailer, both said they had seen a recent trend toward finance books, from biographies of key players to books about past financial crises.

"People are really thirsting for knowledge and trying to understand what's happening out there and how we could have gotten to this point in the economy," said Kathryn Popoff, Borders vice president for adult trade books.

"We don't see the book sales really concentrated in one or two titles, we're seeing it spread out across multiple titles, which leads me to believe that people are trying to figure out the different components of what's going on," she said.

"The Snowball," the first authorized biography of billionaire Warren Buffett -- an investment guru whose company, Berkshire Hathaway, invested a total $8 billion in Goldman Sachs and General Electric Co -- has been a bestseller since its release earlier this month.
The Snowball is currently #4 on the Amazon.com bestseller list.

Posted on October 21, 2008
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J.K. Rowling to Launch Beedle the Bard at Tea Party
J.K. Rowling will officially launch The Tales of Beedle the Bard at a tea party for Edinburgh school children.
The book, published on December 4, marks Rowling's farewell to the world of Harry Potter. Not originally intended for mass market publication, Rowling initially handwrote and illustrated six editions of the book as personal gifts last year, with the seventh acquired by Amazon at auction for £1.95m.

Known to fans as the book which Albus Dumbledore left to Hermione Granger in Rowling's final Potter novel, The Tales of Beedle the Bard contains clues which helped Harry Potter in his mission to destroy Lord Voldemort. Only one of its five stories, The Tale of the Three Brothers, was recounted in Harry Potter and the Deathly Hallows: the remaining four, The Fountain of Fair Fortune, The Warlock's Hairy Heart, The Wizard and the Hopping Pot and Babbitty Rabbitty and her Cackling Stump, have not been seen before.

Rowling has waived her royalties for the book, with net proceeds from the sale to go to the charity she co-founded, The Children's High Level Group, which works with vulnerable children in eastern Europe.
We wonder if she'll change her mind about writing more in the Potterverse. Whatever she writes next, it will definitely sell.

Posted on October 20, 2008
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Starbucks Chooses The Traveler
The latest book that Starbucks will feature in its stores is The Traveler by Daniel and Daren Simkin.
Starbucks has made an unexpected choice for the latest title in its book program, the illustrated fable The Traveler. Written and illustrated by two brothers and first-time authors, Daniel and Daren Simkin, The Traveler will bow from FSG and Starbucks Entertainment in November; it will be in bookstores on November 25 and in over 7,000 Starbucks stores on November 28.

The book, which is a hybrid title--it's fully illustrated and follows a boy named Charlie who goes on a soul-searching mission to find a better way to spend his time--was being pitched by the publisher as an "adult fable." Drawing comparisons to The Little Prince any difficulty FSG might have had in placing the book with the right readership will now be alleviated by the Starbucks endorsement.
The Traveler scored a blurb from Gore Vidal who called it "an instant illumination." The book is available for pre-order from Amazon.com.

Posted on October 17, 2008
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Publishers Snapping Up Books About Financial Crisis
At the Frankfurt Book Fair publishers snapped up more books about the credit crisis.
Viking have signed the former stockbroker turned writer Seth Freedman for "an insider account of greed, corruption and excess in the City", due next April. A mix of memoir, reportage and interviews, Viking hopes it will reveal the extent to which risking millions every day can be addictive, as well as explaining the inner workings of the market from short selling to bonds swaps.

Editorial director Joel Rickett paid what he described as a "healthy five-figure sum" for the book, and has also swooped on the Wall Street Journal columnist Gregory Zuckerman's account of hedge fund supremo John Paulson's $15bn (£9bn) bet against the housing bubble. "Obviously every publisher is now scrambling for finance and business books - these are areas that have been under-served for many years," said Rickett.

Random House have also signed up the Dragon's Den entrepreneur Deborah Meaden, with a book of business advice and anecdotes due next April. "We've definitely seen a lot of financial submissions coming through," said Headline deputy managing director Kerr MacRae, speaking at the Headline stand just before the day's deluge of meetings began. "We've made a couple of offers. They didn't go our way [but] we are updating our book City Boy: Beer and Loathing in the Square Mile, which has done really well – he's become the talking head for the City, and is writing a whole new chapter for us." Published earlier this year, this account of life in the City from the formerly anonymous newspaper columnist Geraint Anderson now looks eerily prescient.
Unfortunately, the current recession won't be ending anytime soon according to most financial experts. But we can read about how it all went wrong.

Posted on October 16, 2008
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National Book Awards Finalists Announced
The National Book Award finalists were announced today. The winners will be announced on November 19, 2008. The Fiction Award Finalists are:

  • Aleksandar Hemon, The Lazarus Project (Riverhead)
  • Rachel Kushner, Telex from Cuba (Scribner)
  • Peter Matthiessen, Shadow Country (Modern Library)
  • Marilynne Robinson, Home (Farrar, Straus & Giroux)
  • Salvatore Scibona, The End (Graywolf Press)

    You can see the entire list here.

    You can see the announcement of all the finalists by bestselling author Scott Turow in this video (he shows up at around the 1:43 mark).



    Posted on October 15, 2008
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  • King Siblings Fighting Over Lucrative Book Deal
    The children of Martin Luther King, Jr. and Coretta Scott King are battling in court over the rights to Coretta's personal papers. The papers are the key to getting a lucrative new book deal.
    Rev. Bernice King, Martin Luther King III and Dexter King have looked more like adversaries than siblings in recent months. The surviving three King children are involved in three lawsuits. Dexter King, as the head of his father's estate, is seeking his mother's papers, which are currently in his sister's possession. Bernice King is refusing to turn over the papers, claiming her mother did not want to participate in the US $1.4-million book deal.

    New York-based Penguin Group is threatening to pull the deal this week without the documents. Speaking to reporters outside of the Fulton County Courthouse on Tuesday afternoon, Dexter King said he was saddened by the family feud. "This is not in the spirit of our parents," he said. "It's not the way we were raised. It's just very disheartening." Dexter King called the legal action between him and his siblings unfortunate, but said that he was not the instigator.
    The siblings do not speak, except through their lawyers. What a shame that Coretta's papers have triggered a family feud. We hope they can work it out.

    Posted on October 14, 2008
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    Anti-Obama Author Arrested in Kenya, Deported
    American journalist and author Jerome Corsi, who wrote a bestselling book critical of Barack Obama, was arrested by Kenyan police while on his way to a book signing. He was immediately deported.
    Jerome Corsi arrived in the country last week to promote The Obama Nation: Leftist Politics and the Cult of Personality, an error-riddled book that recently became a bestseller in the US. It falsely claims that Obama, who is revered in Kenya, was raised as a Muslim, and smears the prime minister, Raila Odinga, the country's most popular politician.

    Corsi had said that he also planned to deliver a $1,000 (£570) cheque from a conservative website owner to George Obama, the presidential candidate's half-brother who lives in the Kenyan capital's Huruma slum. But by widely publicising his itinerary, Corsi, whether intentionally or not, attracted government attention. Immigration police detained him at a luxury hotel which was due to host the book launch yesterday.

    Ministry officials, denying the book had anything to do with the arrest, said Corsi had failed to obtain a temporary work permit. He was later taken to Jomo Kenyatta international airport, where he was expected to catch a flight to Europe.
    You may remember Corsi as the co-author of Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry, a book which helped derail John Kerry's quest for the presidency. Corsi claimed that he was invited to Nairobi by missionaries concerned about the rise of Islam. We're thinking he should cross Kenya off the itinerary for his next book tour.

    Posted on October 9, 2008
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    Salman Rushdie Would Do it All Over Again
    Writing the The Satanic Verses nearly got Salman Rushdie killed: a fatwa was issued calling for his death, on the grounds that his book insulted Islam. He was forced into hiding in England for years, But Sir Salman says he's still not sorry for writing it.
    The 61-year-old novelist said he had always tried to ask big questions about the role of the individual in history and society. "The question I'm always asking myself is: are we masters or victims? Do we make history or does history make us? Do we shape the world or are we just shaped by it?" Rushdie said in an interview published Wednesday.

    He said the question of whether individuals acted with free will or were passive victims of events "is, I think, a great question and one that I have always tried to ask" in novels like "The Satanic Verses." "In that sense I wouldn't not have wanted to be the writer that asked it," he said.

    The interview ran in The Times newspaper to coincide with the 20th anniversary of the novel's publication. "The Satanic Verses," Rushdie's fourth novel, referred to a legend about Muhammad being tricked by agents of the devil. It enraged some Muslims, was banned in India, burned by demonstrators in England and brought a death sentence for blasphemy from Iran's then-leader, Ayatollah Ruhollah Khomeini.
    Good for him. We're glad he has never bowed down to extremist forces that want to censor his work.

    Posted on October 8, 2008
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    Tina Fey Writing Humor Book
    Tina Fey is writing a humor book.
    According to two publishing officials with knowledge of the negotiations, Little, Brown and Company will release a book of humorous essays by the 38-year-old Fey. Her many writing credits include "30 Rock" and the "Saturday Night Live" sketch comedy series, as well as the feature film "Mean Girls."
    Tina Fey won an Emmy for 30 Rock and has helped boost Saturday Night Live's ratings by 46% with her impersonation of Governor Sarah Palin. We're thinking her book will be a bestseller.

    Posted on October 6, 2008
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    Financial Crisis Spawns Slew of Financial Books
    Publisher's Weekly reports that the current financial crisis has already spawned a slew of books.
    Though the situation on Wall Street continues to unfold, there's already quite a crowded field of book proposals and sales stemming from the crisis--though oddly enough, several high-profile sales thus far have all ended up at Penguin imprints. Earlier this week, Roger Lowenstein sold a book called Six Days that Shook the World to Ann Godoff at Penguin Press, and yesterday Sorkin's colleague Joe Nocera sold world rights to a proposal co-written with Vanity Fair's Bethany McLean, co-author of The Smartest Guys in the Room, to Adrian Zackheim at Penguin's Portfolio imprint; agent Liz Darhansoff's asking price during the auction for Nocera's and McLean's chronicle of the crisis was said to be more than $1 million.

    As McCormick points out, there is room for a lot of different takes on the story; an apt comparison might be the number of books spawned by September 11, many of which glutted the marketplace around the one-year anniversary of the attacks. But some publishers aren't bidding on Wall Street-related projects at the moment, thinking it's too early and preferring to wait and see how the story plays out. "We were worreid about how many subjects can be published on this subject in a successful way," said one publisher who said he was 'inundated" by Wall Street proposals last week.
    This story is a moving target. Until we see what kind of bailout is passed by Congress -- if a bailout bill is passed at all -- it's hard to predict what the true fallout will be. Of course, there will be lots of books placing blame for the current crisis. That's are always fun to read.

    Posted on September 30, 2008
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    Patrick Ness Wins Guardian's Children's Book Prize
    The Guardian's Children's Fiction Prize was awarded to Patrick Ness, author of The Knife of Never Letting Go, about a world where thoughts are audible.
    Chair of judges and Guardian children's books editor Julia Eccleshare said the panel of judges, made up of children's authors Mary Hoffman, Mal Peet and last year's winner Jenny Valentine, were blown away by the "breathtaking quality" of Ness's writing. "It's challenging but not bleak - an excitingly different book," she added.

    The Knife of Never Letting Go traces the journey of 12-year-old Todd Hewitt after he is forced to flee the stifling male-only environs of Prentisstown, where the thoughts of each inhabitant, man and beast, are a never-ending swell of Noise. With only his singularly chatty dog Manchee ("Need a poo, Todd") and the mysteriously silent Viola for company, Todd fights to survive and to learn the dark secrets behind Prentisstown's facade.

    Ness said he was "genuinely astonished" to win. "I think it was a super-strong shortlist. Before I Die is a huge hit, Frank is a great writer, and I'm reading Siobhan Dowd now, it's really great and I kind of thought she would win."

    A corporate writer at a cable company in the US until he was made redundant and used the payoff to set up as a novelist in the UK, Ness has previously written a novel, The Crash of Hennington, and a short story collection, Topics About Which I Know Nothing, both for adults. He turned to children's fiction after he had the idea of a world where information overload is inescapable, and knew it was a book for teenagers.
    Talk about your happy endings -- from being downsized to winning the Guardian's Childrens' Book Prize. Now he has an entirely different future ahead of him.

    Posted on September 24, 2008
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    Brisingr Sells 550,000 Copies in First Day of Release
    Book cover of Brisingr


    Brisingr, the third book in the bestselling Inheritance series by Christopher Paolini sold 550,000 copies in its first day of release.
    It was the highest opening ever for a Random House children's book, but far below the 8.3 million copies in the United States alone for the launch of "Harry Potter and the Deathly Hallows," and the 1.3 million for Stephenie Meyer's "Breaking Dawn," released at midnight on Aug. 2.
    There is one more book in the series. We've got our copy and will start reading it this week. Brisinger is available at a nice discount from Amazon.com.

    Posted on September 23, 2008
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    Harlequin Launches Nonfiction Imprint
    Harlequin has launched its new nonfiction imprint with the release of Love Matters: Remarkable Stories That Touch the Heart and Nourish the Soul by nighttime radio host Delilah. It is the first book in the new imprint.
    Michelle Blankenship, who recently joined Harlequin as publicity manager for the imprint, said lots of media has been lined up for the Sept. 30 launch, including an Oct. 1 Today Show appearance. Delilah will also be talking about the book, which features stories from her listeners, on her show. The second nonfiction title, Safe Passage: The True Story of Two Sisters Who Saved Jews from the Nazis, will be released as a trade paperback in November. The title was originally released by Morrow in the 1950s, and has a new foreword by Jewish scholar Ann Sebba who will help promote the title.
    The new imprint will publish books in several categories, including memoirs and self help. Bestselling romance author Debbie Macomber is contributing a cookbook for the 2009 line up.

    Posted on September 22, 2008
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    J.K. Rowling Wins 2008 Edinburgh Award
    J.K. Rowling was honored in Edinburgh, the place where she wrote Harry Potter. She's the city's favorite author.
    Judges said Friday that Rowling was the unanimous choice to receive the 2008 Edinburgh Award, in recognition of her contributions to Scotland's capital. Rowling said she was honoured.

    "Edinburgh is very much home for me and is the place where Harry evolved over seven books and many, many hours of writing in its cafes," Rowling said. "So much has happened to me both professionally and personally since I moved here nearly 15 years ago, that to receive this recognition is particularly meaningful and special."
    Scottish author Ian Rankin won last year.

    Posted on September 19, 2008
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    Scholastic Pulls Plug on Bratz Dolls Books
    Scholastic has decided to pull the plug on the Bratz dolls books, because of complaints from parents that the dolls are too sexy for young children and promote an inappropriate message. An anti-Bratz dolls campaign sent over 5,000 complaining emails to Scholastic.
    The largest distributor of children's books to Canadian schools has decided to yank all Bratz books from its roster after parents and psychologists complained that the controversial dolls promoted "precocious sexuality."

    Scholastic Inc. distributes its products through school-based book fairs and clubs, selling books to students and teachers at discounted prices. But after a persuasive North American campaign spearheaded by the Boston-based Campaign for a Commercial-Free Childhood, the company has relented and pulled books and products featuring the popular Bratz dolls.

    The company confirmed yesterday that its fall product line for schools no longer includes the Bratz brand -- a switch from last year, when Scholastic said the books appealed to "reluctant readers" and its job was to "offer materials that appeal to children where they are, not where we would like them to be."

    The Bratz book line is a spinoff of MGA Entertainment Inc.'s top-selling fashion dolls, which have gained notoriety for their skimpy wardrobe of miniskirts, high-heel boots and feather boas. A New Yorker article about the powerhouse of marketing behind the brand described the appearance of the dolls as being akin to "kept girls," "pole dancers on their way to work at a gentlemen's club," and, most critically, wearing "the sly, dozy expression of a party girl after one too many mojitos."
    We haven't run across the Bratz books, but we are certainly familiar with the dolls and other products. Many parents hate the dolls with a passion, so it's not surprising that this happened.

    Posted on September 18, 2008
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    Serena Williams Inks Deal With Grand Central Publishing
    Number one ranked tennis star Serena Williams has signed a deal with Grand Central Publishing to publish her memoirs in 2009. She's only 26.

    "Serena Williams is one of the world's most remarkable athletes," Grand Central editor Karen Kosztolnyik said Tuesday in a statement. "We've watched her rise to No. 1 despite physical and emotional setbacks, and her hard work and determination have inspired legions of fans young and old. Serena will give her memoir a strong motivational slant."

    Rumors say that the bidding between several major publishers went to at least $1.3 million. Serena has won nine Grand Slam titles and, with sister Venus Williams, won a gold medal in women's doubles at the recent Olympics in Beijing.

    Posted on September 16, 2008
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    Hari Puttar: A Comedy of Terrors
    Warner Bros. is suing to stop the Bollywood release Hari Puttar on the grounds of copyright infringement on the Harry Potter films.
    A Bollywood children's film, Hari Puttar, has been forced to postpone its premiere after the Hollywood studio behind the Harry Potter blockbusters took the Indian producers to court over the film's title. Warner Brothers claims the Bollywood film sounds too similar to the teenage wizard and has refused the Indian studio's offer of putting a disclaimer in the title sequence. The Harry Potter films have grossed $4.5bn (£2.5bn) since 2001.

    Hari Puttar was due to open last Friday but will now be shown later this month after Indian television networks refused to run promos for the film. A Delhi court is due to hear the case this month. "The movie will come out on [September] 26," said a spokesman for the Mumbai studio Mirchi Movies. "We do not know about the exact legal position as of now."

    Hari Puttar: A Comedy of Terrors is a comedy shot in Yorkshire about a 10-year-old Indian boy whose family moves to England and becomes embroiled in a plan to save the world from two criminals. Hari is a popular Indian name and Puttar means "son" in Punjabi.
    Hari Puttar: A Comedy of Terrors? Good grief. That's almost as bad as those awful Chinese ripoff books that took the Harry Potter name and slapped it on manuscripts with some truly bizarre plots.

    Posted on September 15, 2008
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    Lauren Conrad Signs Book Deal Wth HarperCollins
    Lauren Conrad The HillsLauren Conrad, star of the hit reality tv show The Hills, has signed a three book deal with HarperCollins to write a young adult fiction series called L.A. Candy. The series is loosely inspired by Laruen's journey from ordinary teen to reality TV darling, fashion designer, and "It Girl." The first book in the series will be published in Summer 2009.

    L.A. Candy tells the behind-the scenes story of a young girl who moves to L.A. and unexpectedly becomes the star of a reality television show. With her stardom comes wealth, famous friends, fabulous clothes, and romance -- as well as the darker realization that everyone wants something from her, and nothing is what it appears to be.

    "I've never seen a new project generate noise like the instant buzz that swept through our offices around this deal," said Elise Howard, Senior VP/Associate Publisher of Fiction, HarperCollins Children's Books. "The Hills and Lauren Conrad are household names among our staff, and their popularity is even higher among the teens who are our readers. We're bracing ourselves for a blockbuster publication."

    "I've always loved books that I could lose myself in, ones that would transport me to another place, but had characters I could relate to," said Lauren. "I'm so excited to have this opportunity to write books like that for other readers."

    The Hills has been a big moneymaker for MTV. The show, which is in its fourth season, is seen in over 16 countries. We wonder who the ghostwriter is?

    Posted on September 11, 2008
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    Tori Spelling Hits #1 on Bestseller List
    Photo of Tori Spelling Tori Spelling's book, sTORI Telling will hit #1 on the New York Times bestseller list on September 14th, according to Entertainment Tonight.
    sTORI Telling, which has been on the best-seller list for 14 weeks, is so successful that it is in its 19th printing, and as a result, Simon & Schuster is back in business with the "Tori & Dean: Home Sweet Hollywood" star. This spring, the publishing company will release a second book by Tori with the working title, Mommywood. Obviously, from the title, the book will be about Tori's life since she became mother.
    Good for her -- we love Tori: she's very funny and down to earth. No doubt her next book will be a bestseller, as well.

    Posted on September 9, 2008
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    Emeril Lagasse Signs Ten Book Deal With HarperCollins
    Emeril Lagasse has signed a mind-boggling ten book deal with HarperCollins. Martha Stewart Omnimedia owns the rights to the Emeril Lagasse franchise of books, television shows and kitchen products.
    Under the multi-year agreement, Mr. Lagasse is set to release his first book -- with a focus on indoor and outdoor grilling -- in May 2009. Although the chef, who is known for his enthusiastic cooking style, has produced 12 titles with HarperCollins since 1993, the book will be his first in four years. It will also be one of HarperCollins' first releases under its new HarperStudio imprint.

    Terms of the deal were not disclosed, though Mr. Lagasse will receive a modest advance, as well as 50% of profits generated from the titles, according to Robert Miller, head of HarperStudio.

    Launched in April 2008, the new imprint made waves as the most recent effort by book publishers to cope with stagnant book sales and increasing production costs. It is unique because it splits profits with authors in lieu of paying them hefty advances and aims to eliminate the costly practice of allowing booksellers to return unsold copies. HarperStudio also focuses on electronic books and digital audio editions, one of the key reasons MSLO executive chairman Charles Koppelman pushed Mr. Lagasse to the experimental imprint. "Emeril is the perfect author for HarperStudio's cutting-edge book publishing formula," Mr. Koppelman said.
    Martha Stewart Omnimedia paid $50 million for the franchise, and Emeril will begin making regular appearances on the Martha Stewart show. He still owns his own restaurant business. It's a good match that should work out well for all parties. As long as he keeps writing cookbooks, we'll keep reading them.

    Posted on September 6, 2008
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    Great Britain's Age Banding Controversy Far From Over
    Scholastic group managing director Kate Wilson says that the age banding flap in great Britain could have been handled better. The proposal to put age recommendations on children's book sent authors into a fury.
    A leading publisher has admitted that the introduction of age banding to children's books has been poorly handled. The initiative has prompted a widespread rebellion amongst children's authors, with a website attracting almost 800 signatures from authors including Philip Pullman, JK Rowling, Jacqueline Wilson and Terry Pratchett.

    "I would suggest – and I am speaking entirely as myself, rather than as the representative of anyone else or anybody here – that there were some regrettable errors in how publishers went about the introduction of age guidance," said Scholastic group managing director Kate Wilson. "I think most of them, if they had their time again, would do it differently and in greater consultation with authors."

    She was the only representative of the publishing industry who accepted an invitation to a specially-organised debate at the Children's Writers and Illustrators conference at which Philip Pullman condemned the initiative, branding the labels "not true" and questioning the research which motivated their introduction.

    Wilson, responding as an individual publisher, albeit one which has supported the policy, was conciliatory on the principle of consultation. But she was vigorous in her defence of the research and the need for children's books to find a more competitive edge against other forms of spending on children. "Age guidance isn't perfect but it is another ingredient added to the marketing mix that the majority of book buyers surveyed said they'd welcome."
    The debate in Great Britain over age banding continues, with some author supporting the age guidelines and most opposing them.

    Posted on September 2, 2008
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    Dutton Buys Digi-Novel for Millions
    Publisher Dutton has paid millions for a digi-novel by Anthony Zuiker, the creator of the CSI tv series. The series is three books with a companion website to promote interactivity.
    Zuiker's chapters will close with codes that readers can use online to unlock "motion picture footage" that continues the storyline from the book. The deal, for world rights, was made by president and publisher of Dutton, Brian Tart, with a littany of players: Dan Strone, CEO of Trident Media, Brillstein Entertainment Partners, Morris Yorn and Barnes & Levine and CAA.

    Zuiker's story, of a government investigator named Steve Dark who goes rogue after his family is murdered by a drug kingpin, will, as Dutton noted, "move from books to film to the web with ease." Although the house called the deal "unprecedented in the publishing industry," it mimics, on some level, what Scholatsic is trying to achieve with its much-hyped multimedia project, The 39 Clues.

    In addition to online film clips, the multimedia effort will include a web-based community portal with different characters and more spin-off storylines. According to Dutton, the portal will be a place readers can "consume countless ancillary levels of story enrichment." Tart said the best way to think of Zuiker's forthcoming work, slated to launch in fall 2009, is as "storytelling 2.0."
    It's an interesting concept. Television and book fans already flock to the web to read more about their favorite stories and characters, so it's a natural progression for storytelling.

    Posted on August 28, 2008
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    VP Selection Boosts Biden's Book Sales
    Now that Senator Joe Biden has been selected as Barack Obama's running mate, his book sales are taking off. His book, Promises to Keep: On Life and Politics is back on the New York Times bestseller list.
    The Barnes & Noble on Concord Pike in Brandywine Hundred has plenty in stock. The book has been selling relatively well there. When Biden attended signings upon the book’s publication, a spokesperson says, the turnout and sales were a huge success. Now that Biden is one step from the main national political spotlight, that attention is even more potent.

    *****

    At the Borders on Geoffrey Drive in Stanton, about 20 hardback copies were in stock when Biden was added to the ticket. They're gone, and a spokesperson says the store is accepting reserved orders for the roughly 400 paperbacks it expects to arrive soon. Even the inventory system is having trouble keeping up with demand.
    Joe Biden is speaking tonight at the Democratic Convention: we think his book sales will continue to do well through the election season.

    Posted on August 27, 2008
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    Michael Phelps is Writing His Memoirs
    Olympic gold medalist Michael Phelps has landed a book deal.
    The Olympic swimmer Michael Phelps has agreed to write a memoir, "Built to Succeed," to be published by Free Press in December. The book "will reveal the secrets of his success, taking us behind the scenes of his approach to training, competition and winning," a statement from Free Press released on Friday said. The book will focus on the 2008 Summer Olympics in Beijing and the eight gold medals Mr. Phelps won there. He will also discuss his personal life, his upbringing by a single mother and his diagnosis of attention-deficit hyperactivity disorder. Free Press, an imprint of Simon & Schuster, did not disclose financial terms.
    We had no idea that Michael has ADHD. This should be a very inspirational and interesting book.

    Posted on August 25, 2008
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    Current Book Giveaways
    Book covers of The Last Oracle, This Year You Write Your Novel,
Don't Make Me Choose Between You and My Shoes and The Write Type: Discover Your True Writer's Identity and
Create a Customized Writing Plan The new book giveaways include:
    • The Last Oracle by James Rollins (William Morrow), the spine- tingling new thriller from the New York Times bestselling author of Black Order and Map of Bones.

    • This Year You Write Your Novel by Walter Mosely (Little, Brown), the must-have writing guide from the bestselling author of the Easy Rawlins and Fearless Jones mystery series.

    • Don't Make Me Choose Between You and My Shoes by Dixie Cash (Avon), the hilarious new chick lit novel about two Texas female private investigators/hairdressers that head for New York City in search of some fun and some fabulous shoes.

    • The Write Type: Discover Your True Writer's Identity and Create a Customized Writing Plan by Karen E. Peterson, Ph.D. (Adamas Media)

    **The new (optional) Book Giveaway Question is:

    "U.S. swimmer and Olympic gold medalist Michael Phelps eats 12,000 calories a day and trains five hours a day. A typical breakfast for him consists of three fried-egg sandwiches loaded with cheese, lettuce, tomatoes, fried onions and mayonnaise. He follows that up with two cups of coffee, a five-egg omelet, a bowl of grits, three slices of French toast topped with powdered sugar and three chocolate-chip pancakes. If you were an Olympic swimmer forced to eat that much, what would you have for breakfast? What about dinner? In this hypothetical exercise, you will never gain an ounce, have any adverse health effects, you're pretty much always hungry and your sponsors are paying your food bills."

    There's no entry fee of any kind and all email addresses are kept strictly confidential. Winners are selected monthly from a random draw. The entry form for the Book Giveaways can be found here.

    Posted on August 21, 2008
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    Bob Woodward's New Book Title Announced
    Book cover of The War Within by Bob WoodwardBob Woodward's next book comes out in three weeks: it's entitled The War Within: A Secret White House History 2006-2008. Published by Simon and Schuster, it will be released on September 8.
    "There has not been such an authoritative and intimate account of presidential decision making since the Nixon tapes and the Pentagon Papers," Woodward's longtime editor, Alice Mayhew, said Tuesday in a statement. "This is the declassification of what went on in secret, behind the scenes."

    According to Simon & Schuster, Woodward's book "takes readers deep inside the White House, the Pentagon, the State Department, the intelligence agencies and the U.S. military headquarters in Iraq."

    "Based on extensive interviews with participants, contemporaneous notes and secret documents, the book traces the internal debates, tensions and critical turning points in the Iraq War during an extraordinary two-year period."
    Simon & Schuster has announced a first print run of 900,000 copies and is keeping the book under strict embargo. In fact, we just learned the book's title today.

    Posted on August 20, 2008
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    Barnett's Lament: Books Ruined By Hollywood
    David Barnett of The Guardian has a very entertaining essay about how Hollywood has ruined all his favorite books.
    You can tell people until you're blue in the face how good a book is, and the chances are most of your friends won't even bother to pick it up. But then the film comes out and suddenly everyone's an expert. The story has been plucked from its secret place where only those willing to go the distance of several hundred pages can find it and thrust into the attention-deficit glare of mainstream culture for quite literally anyone to come along and "love" just as much as you do... for a week, anyway.

    *****

    Some of us who love particular writers have more of this pain than other readers.....how many times can you try to tell your movie-going friends that, actually, We Can Remember it For You Wholesale is a classic discussion of reality, identity and memory, and not just a Steven Seagal-level action flick called Total Recall starring Arnold Schwarzenegger.

    If anything, the graphic novel reader can enjoy an even higher level of elitism than the ordinary bibliophile - you generally have to go to even greater lengths to find your reading matter. So anyone who has bought - on import, in monthly instalments - the output of British comic writer Alan Moore over the years will no doubt have been dismayed by great works such as V for Vendetta, The League of Extraordinary Gentlemen and From Hell reduced to CGI-laden momentary distractions for a Thursday evening when there's nothing on the telly.
    It's true: The League of Extraordinary Gentlemen was so terrible that we nearly ran out of the theater. We were kept in our seats by a vain hope that things would improve in Act 3. (Never happened.) David is in for a terrible year ahead: he notes that Alan Moore's Watchmen and Jack Kerouac's On the Road are both being made into films. Actually there has been at least one, if not two Kerouac films already made. We feel his pain.

    Posted on August 18, 2008
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    The Great Library Fine Debate
    A fierce debate has arisen in Britain over the subject of library fines. Librarians want them reduced or eliminated, saying that readership is down and that libraries face competition from the Internet, tv and movies.
    "Libraries are facing competition from television, magazines, the internet, e-books, yet they have this archaic and mad idea of charging people money for being slightly late," said library consultant Frances Hendrix - a loud voice in the debate which has been taking place on an online forum for librarians. "It's all so negative, unprofessional and unbusinesslike; like any business, libraries need not to alienate their customers." Liz Dubber, director of programmes at reading charity The Reading Agency, agreed. "My personal view [is that] they're past their sell-by date because they do sustain a very old-fashioned image of libraries which is out of sync with today's modern library environment and the image libraries are trying to project - tolerant, responsive, flexible, stimulating," she said.

    *****

    The other side of the debate points out that without fines, customers are unlikely to return their books. Alison Wheeler, adult services manager at Suffolk Libraries, told the Guardian that her personal view was that some people do need the "occasional financial nudge" to remind them about doing the right thing. "No one would argue against a parking or speeding fine -- if we didn't have speeding fines it wouldn't mean that people behaved better on the roads," she added.
    If there were no library fines, would people turn their books in on time -- or turn them in at all? We've never really considered the issue. Being cynics, we tend to think that without fines, libraries would eventually have no books at all.

    Posted on August 15, 2008
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    Miramax Sues Allison Pearson For Undelivered Novel
    Miramax is now suing Allison Pearson for failure to turn in her new novel, I Think I Love You, which is about a girl's infatuation with David Cassidy. Pearson is a columnist for the Daily Mail and received $700,000 advance, which Miramax wants back.
    Miramax Film Corp filed its suit for breach of contract against Pearson on Friday in Manhattan Federal Court, according to Reuters, saying that although Pearson accepted $700,000 in August 2003 under a two-year contract, she has still not delivered the novel. Miramax also said that Pearson has ignored its requests for information about the book's whereabouts since 2006.

    I Think I Love You, which Pearson's agent said she believed Pearson would still deliver "but I don't know what deadline she has set herself", is described by its UK publisher Chatto as being "about love in many forms, but first love in particular, how it shapes us and imprints us". Pearson signed a deal for the book with Chatto in 2003. A spokesperson for the publisher said he had "absolutely no information whatsoever" on when it might be published; Amazon lists publication dates between July 2006 and February 2009.
    Not taking your editor's calls and refusing to say when you might turn in manuscript is a recipe for a nasty lawsuit. You'd think a journalist would be better about deadlines. Pearson's last book was I Don't Know How She Does It, which got her named Newcomer of the Year at the 2003 British Book Awards.

    Posted on August 14, 2008
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    Former Male Model Bruce Hulse Tells All in New Memoir
    Cover of Sex, Love and Fashion by Bruce HulseFormer male model Bruce Hulse has written a new tell-all book about his steamy affairs with supermodels such as Elle MacPherson and Paulina Porizkova and his former paramours are not happy.
    His book, "Sex, Love and Fashion: A Memoir of a Male Model," describes his early days as a lifeguard, playing professional basketball in Sweden and goes on to tell how he was discovered, and the parties and exotic locations that followed. But it's the kiss-and-tell stories about the former Calvin Klein model's sexual adventures with some of the world's most beautiful women that have caused a buzz in the modeling world and sparked criticism of Hulse.

    "Bruce Hulse never learned that gentlemen don't kiss and tell," wrote the New York Post. In the book, Hulse writes about the time with Andie MacDowell, the actress from "Four Weddings and a Funeral" where the light was too bright in a hotel room so he tossed his T-shirt over the lamp — and it caught fire.

    Then there was the night when he ended up alone with Australian supermodel Elle "The Body" Macpherson when he was getting over a breakup with another model and had lost his sex drive. "No worries Brucie... let's just be friends then," he wrote Macpherson told him. There is also the candlelight dinner in Paris with Paulina Porizkova which ended in sex that was like a "professional wrestling match... I'd never had such energetic, wild sex with anyone before."
    Hulse can't seem to figure out why everyone is so mad at him. He has a wife and two small children now -- I'm sure his family is thrilled at the juicy details he spilled. On the other hand, no doubt the royalty payments will be some consolation. Sex, Love and Fashion: A Memoir of a Male Model is available at bookstores everywhere and at Amazon.com for a nice discount.

    Posted on August 13, 2008
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    Authorized Warren Buffett Biography Drops September 29
    The authorized biography of Warren Buffet is hitting stores on September 29, 2008. This is the first biography for which Buffett has cooperated with the author.
    The 976-page book is being written by former Morgan Stanley insurance analyst Alice Schroeder, and is titled "The Snowball: Warren Buffett and the Business of Life," publisher Bantam Dell Publishing Group said. Schroeder first met Buffett while working as an analyst, and covered Buffett's insurance and investment company, Berkshire Hathaway Inc.

    According to the publisher, Schroeder has spent "thousands of hours" with Buffett, talking about his life and career, and winning broad access to his files and friends. The book had been scheduled for a May release in conjunction with Berkshire's annual shareholder meeting, but was delayed.

    Its title comes from a reported comment by Buffett: "Life is like a snowball. The really important thing is finding wet snow and a really long hill." Schroeder's book earlier had the title "The Snowball: How Warren Buffett Collected Friends, Wisdom and Wealth." Buffett has transformed Omaha, Nebraska-based Berkshire since 1965 into a roughly $179 billion conglomerate with at least 76 companies selling such things as car insurance, ice cream, paint and underwear, and investing in stocks.
    Buffett is the world's richest man; he is worth $62 billion, according to Forbes magazine. He is in the process of giving away most of his fortune right now; most of it is going to the Bill and Melinda Gates Foundation. It will be interesting to hear his insights on business and on his life.

    Posted on August 12, 2008
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    Book Based on Edwards' Mistress Tops Bestseller List
    Story of My LifeNow that former Senator John Edwards has admitted he had an affair with Rielle Hunter (although he denies he is the father of her baby), journalists are looking into the back ground of Rielle. It turns out that Rielle was the inspiration for the drunk party girl in Jay McInerney's book, Story of My Life, the book has become a bestseller once again.
    An additional 2,500 copies have been commissioned for "Story of My Life," according to Vintage Books, a paperback imprint of Random House, Inc. The book, first released in 1988, is narrated by a promiscuous, aspiring actress whom McInerney has said was inspired by Hunter -- then named Lisa Druck -- and a group of friends the author had met in New York.

    As of Monday afternoon, "Story of My Life" was No. 470 on Amazon.com best-seller list and was out of stock.
    Used copies are available at Amazon.com, and Vintage is busy printing more books to meet the demand.

    Posted on August 11, 2008
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    Germany and France Developing Kindle Killers
    Deutsche Telekom is developing a portable ebook reader to take on Amazon.com's Kindle.
    One of Europe's biggest telecommunications companies, Deutsche Telekom, is developing a portable e-reader, apparently a competitor for Amazon's Kindle, reports German magazine Der Spiegel.

    The company plans a test run with a few dozen prototypes of electronic newspaper readers in Berlin this autumn, under the project name "News4Me". Peter Mockel, head of Deutsche Telekom's R&D department, says his company sees a market in the gap between mobile phones and laptops.

    One of the engineers involved in the project is quoted as saying that the Kindle generally points in the right direction but Deutsche Telekom will end up developing a device with a larger (and possibly bendable) display. It's also supposed to be easier to operate.
    Not to be outdone by the Germans, France Telecom's Orange is developing its own competing device called "Read and Go." We want to see the bendable e-reader. That sounds really cool.

    Posted on August 6, 2008
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