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News stories from the book world in January 2007

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January 2007

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An acquisition, a bankruptcy, a firing

29 January 2007

We're only just coming up to the end of the first month of the new year, but already there are signs that the pace of change is not going to slow.  Read more

Decibel Penguin forced to back down

22 January 2007

Following the recent furore relating to the Decibel Penguin Prize, the organisers have been forced to back down. This scheme to encourage writers from an Asian, African or Caribbean background started with the best of intentions.  Read more

Pay it Forward

15 January 2007

It's pretty unusual for a novel to start an international movement, but Catherine Ryan Hyde can claim to have done just that. The author of Love in the Present Tense, which has just been picked by Richard and Judy in the UK, published a novel entitled Pay it Forward in 2000, which was subsequently made into a film.  Read more

Fast forward into the digital future

8 January 2007

Publishers are fast-forwarding into the digital future and the American firm Simon & Schuster is just the latest to announce the setting-up of a digital warehouse, to be developed by its parent company, CBS Corp.  Read more

Amazon goes for broke

1 January 2007

The Christmas figures are not yet out, but it's a racing certainty that customers will once again have flocked to Amazon and further increased its grip on gift sales. Just in the UK, volume purchases from the Internet increased by 151% between 2002 and 2005 and Amazon's international divisions have all been growing fast.  Read more