Informa Cuts Final Dividend To Reduce Net Debts
The publishing and events group is targeting debts of below £1bn but insisted there was no danger of banking covenants being breached. The final dividend, down at 3.9p from 11.3p, will be paid on 3 July.
Telegraph
People
Rebecca Gradinger has left Janklow & Nesbit Associates and launched Finchley Road Literary, a boutique agency specializing in literary fiction, up-market commercial fiction, narrative non-fiction, memoir, humor and pop culture. (She has also worked as a scout at Mary Anne Thompson Associates and a lawyer practicing media and intellectual property law at Frankfurt Garbus Kurnit Klein & Selz).
Kevin Howell has been named associate marketing manager for Tarcher/Penguin, reporting to Brianna Yashimita. He was previously bookselling and audiobook review editor at Publishers Weekly.
James Purdy, author of "wayward and unclassifiable novels" such as MALCOLM and THE NEPHEW, died Friday in Brooklyn Heights at the age of 94.
NYT obit
Shelf Awareness reports on Saturday's memorial service for Baker & Taylor senior VP of merchandising Jean Smercz, who was killed in a plane crash in Buffalo last month.
Announcements
Gary Young has won the Shelley Memorial Award, given annually by the Poetry Society of America to a living American poet "selected with reference to genius and need."
The 2009 Iowa Short Fiction Award was given to Kathryn Ma for her collection, "All That Work and Still No Boys," which will be published this fall by the University of Iowa Press.
IndieBound has been named by ReBrand as one of its 100 Global Winning Brands.
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