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CALIFORNIA | LOCAL
March 5, 2008 | Scott Timberg and Josh Getlin, Times Staff Writers
As the publishing world reeled over yet another faked memoir -- this one by a supposed former drug-running foster child from South-Central Los Angeles who was actually raised by her middle-class family in Sherman Oaks -- those involved with the book's publication tried to explain how they fell for the deception. "Love and Consequences" tells the story of a part Native American L.A.
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ENTERTAINMENT
June 2, 2007 | From the Associated Press
For the foreseeable future, book sales are looking flat. According to the latest report from the Book Industry Study Group, released Friday, dollar sales and the number of books sold will increase by small levels through 2011, rising by 3% or less each year. The book business totaled $35.7 billion in 2006, a 3% increase over the previous year. The number of books sold rose to 3.1 billion, an increase of just 0.5%.
ENTERTAINMENT
May 20, 2006 | From the Associated Press
The publishing industry enjoyed a strong year in 2005, with increases in both revenues and the number of books sold. But projections for long-term growth remain limited because people increasingly don't read, according to a study released Friday. Over the last few years, the number of books published has soared even as sales have fallen. That changed in 2005. A recent report by statisticians R.R. Bowker projected that the number of books released actually dropped last year, to 172,000.
ENTERTAINMENT
May 17, 1996 | SHAUNA SNOW
POP/ROCK Patti's Return: Rocker Patti Smith, whose first album since 1988, "Gone Again," hits stores on June 18, will make her first U.S. television appearance in 18 years when she shows up this weekend on Fox TV's "Saturday Night Special." Smith will perform the album's title track and also give a poetry reading. The new album includes 10 new songs, plus a cover version of Bob Dylan's "Wicked Messenger."
NEWS
March 8, 1992 | Broude is working on a new novel called "Massada."
Norman Mailer's editor has just read the author's latest manuscript. "Great story, Norm. Loved it! But instead of calling it 'Harlot's Ghost,' we want to go with "Murder Most Foul at the CIA." "Put more sex in it," advises John Updike's editor after looking over the new novel. "Oh, and John, we need a pen name for this. Something like Lola LaBlue?" Ridiculous? Only if you're up there with Norman and John in the literary stratosphere.
BUSINESS
March 31, 1994 | JUDITH SCHOOLMAN, REUTERS
Hot flash! Totally cool new mags. They're, like, for young people--ya' know--kids, teens and college students. And, big surprise, they tell you how to flirt, look absolutely the best and know who's hot and who's not. They also take some serious looks at major issues--really. Sounds like teen-speak? Several new magazines are attempting not only to sound and look like today's teens but to address many of the pressing issues young adults face.
BUSINESS
November 13, 1991 | VICTOR F. ZONANA, TIMES STAFF WRITER
Plucking a prime asset from a debt-straitened rival, cash-rich Paramount Communications Inc. agreed Tuesday to buy Maxwell Communication Corp.'s Macmillan Computer Publishing unit for $157.5 million. The deal, which is subject to regulatory approval, would catapult Paramount's Simon & Schuster unit to the top of the lucrative computer book publishing field.
ENTERTAINMENT
July 1, 2013 | By Alexander Nazaryan
Calling their union “the world's first truly global trade book publishing company,” Penguin and Random House finalized on Monday morning a merger that brings together two legacy publishers, at a time when the rise of the Kindle, among other forces, threatens the dominance of the traditional publishing houses. The new group is called Penguin Random House . Its logo is the rather unimaginative placement of the two famed corporate images - Penguin's penguin and the Random House domicile - next to each other.
BUSINESS
May 19, 1987 | PAUL RICHTER, Times Staff Writer
British media magnate Robert Maxwell was rebuffed Monday in a surprise, $2-billion offer for Harcourt Brace Jovanovich, the largest U.S. elementary and high school textbook publisher and one of the last independent U.S. book publishing houses. But analysts said the rejection may mark just the opening skirmish of a protracted takeover battle between Maxwell, who heads a worldwide newspaper, book publishing and printing concern, and the diversified 68-year-old publishing concern.
BUSINESS
February 28, 2001 | From Bloomberg News
Random House Inc. has asked a federal judge to bar a publisher of electronic books from copying works of William Styron, Kurt Vonnegut, and Robert Parker and selling them over the Internet. Random House, a unit of Bertelsmann AG, the world's third largest media company, says rival RosettaBooks LLC has cherry-picked eight important titles, including "Sophie's Choice" and "Slaughterhouse-Five," copied them in digital format, and begun selling them online.
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