SNOB: Billionaire Backs Rebirth of the Russian Literary Magazine

In Europe by Edward Nawotka

It’s difficult to find a Russian author of note who has not written for SNOB, billionaire Mikhail Prokorov’s luxury lit mag. By Daniel Kalder Going back to the 19th century literary journals have played an important role in Russian culture. Indeed, no lesser a figure than Dostoevsky edited not one, but two following his return from Siberian exile. After 1917, …

Changing the World One Magazine at a Time

In Digital by Liz Bury

By Liz Bury LONDON: One of the highlights of the final day of the London Book Fair, which closed yesterday, was the giving of the UK Young Publishing Entrepreneur Award. This year, Gavin Weale, 32, of LIVE Futures picked up the £5,000 prize for his work with young people, and his idea to begin publishing a magazine with Langa township in …

Kirkus Reviews: The End

In Guest Contributors by Guest Contributor

Editorial by Jerome Kramer So that’s it for Kirkus Reviews, huh? Is this really necessary? Or a good idea? Seventy-six years after Virginia Kirkus launched her ground-breaking advance-review publication with the mission of letting booksellers and libraries know which upcoming titles should be added to their collections, its conglomerate owner, Nielsen Business Media, is ceasing operations of the brand. Kirkus …

German Buch News: Bertelsmann’s Disappointing Half Year Results

In German Buch News, News by Siobhan O'Leary

By Siobhan O’Leary Despite recent corporate-wide measures taken to reduce costs and increase efficiency, Bertelsmann is still struggling through this difficult economic year. The Boersenblatt reports that sales for the media giant declined in the first six months of 2009 from 7.7 billion to 7.2 billion euros, as operating EBIT (earnings before interest and tax) sank by nearly a third to …

Revamped Granta to Focus on International Literature

In Guest Contributors by Guest Contributor

by Craig Morgan Teicher LONDON/NEW YORK: On May 29th, The New York Times reported that Alex Clark, the first female editor of the London-based international literary quarterly, was resigning after less than a year, leaving the magazine’s recently appointed American editor, John Freeman, in the post of acting editor. According to Freeman, Granta, which has a circulation of about 50,000 …