Recession Shreds Publishing Industry; Is Literature Next?

...if an Apple e-reader doesn't kill the Kindle first

(NEWSER) - With the Kindle, Amazon's Jeff Bezos may be poised “ to do to book publishers what Steve Jobs did to the music industry,” writes Adam Penenberg in Fast Company: rapidly create a market from nothing and use it to rule over publishers with an iron fist, perhaps even “phasing them out completely.” Amazon’s e-book revenue should reach $1.2 billion by next year, an analyst says, but to rule, Bezos needs to "nail down distribution of e-books, turn them into a mass-market phenomenon," and set e-book prices low enough—and Apple could spell trouble. More»

Cheaper books lose 'second-best' reputation

(NEWSER) - With customers watching their wallets, publishers are pinning their hopes this year on trade paperback books—not super-cheap mass-market paperbacks, but not hardcovers either, USA Today reports. And critics and authors who once disdained the format are warming to it. “I realized that I really want as many people to read the book as possible,” said one first-time novelist. More»

(NEWSER) - The follow-up to Dan Brown’s Da Vinci Code should finally see the light of day later this year, the New York Observer reports. Publisher Doubleday says The Lost Symbol will hit shelves Sept.15, 4 years after originally hoped. The first print run will be 5 million copies, the publisher’s largest ever. “This is one of the most anticipated publications in recent history, and it was well worth the wait,” said a Doubleday exec. More»

It's fizzy, too—and comes complete with recipes and regrets

(NEWSER) - Recipes for "Morning After Pumpkin Bread" and "Ineffectual Eggplant Parmigiana" should clue readers in that Giulia Melucci's I Loved, I Lost, I Made Spaghetti is no how-to on gaining a man's heart through his stomach, Joyce Wadler writes for the New York Times. Melucci—"a former publishing publicist who is hilarious, good-looking, and as restrained as Joan Rivers on crack"—recounts her checkered love life in a style Wadler dubs "Sex and the City with recipes." More»

Niffenegger wrote surprise 2003 hit The Time Traveler's Wife

(NEWSER) - Defying reports that publishers are in the poorhouse, Audrey Niffenegger, author of the huge bestseller, The Time Traveler’s Wife, has received a nearly $5 million advance for a new novel, Her Fearful Symmetry, the New York Times reports. Her agent said the whopping payout from Scribner, a unit of Simon & Schuster, is for a manuscript that's already complete. More»