From Hachette’s acquisition of Perseus Book Group to author recognition through literary awards, here’s the recent literary news:
- Last September, Perseus Book Group announced that it was looking for potential buyers after a 2014 deal with Hachette Book Group fell through. Now, the two companies have announced that they will, in fact, be moving forward with a merger. Hachette Book Group CEO Michael Pietsch said he was excited about the purchase and that he doesn’t plan on making any major changes to publishing operations at Perseus: “They have been publishing brilliantly and we want to help them be even better.” The deal is expected to close by the end of March.
- PEN America announced the winners of its 2016 Literary Awards last week. Among the winners are Toni Morrison, Lisa Ko, Lynn Nottage, Young Jean Lee, Scott Ellsworth, Nancy Princenthal, Clarice Lispector and translator Katrina Dodson, and Nathalia María Echauri Castagnino. Remaining winners will be announced at the 2016 PEN Literary Awards Ceremony on April 1.
- Authors Helen Garner, Stanley Crouch, Hilton Als, Jerry Pinto, C.E. Morgan, Tessa Hadley, Abbie Spallen, Hannah Moscovitch, and Branden Jacobs-Jenkins have all received 2016 Windham Campbell Prizes. Yale University announced the fiction, nonfiction, and drama winners last week. Each author will be awarded a $150,000 prize. The award maintains an element of surprise as the authors don’t know they were being considered until they received a phone call telling them they had won. The Beinecke Rare Book & Manuscript Library at Yale has announced that next year there will also be a category for poetry.