Author Angela Flournoy Signs Seven Figure book Deal

For seven figures, Angela Flournoy, best known as the author of The Turner House sold The Wounded Wilderness to Mariner’s Rakia Clark in a two-book, North American rights deal. Ellen Levine at Trident Media Group represented Flournoy, a National Book Award finalist and contributing writer at the New York Times Magazine. Mariner said Wounded Wilderness, a novel, follows four Black women over the course of 20 years of friendship, examining “how gender expectations, race, class and the shifting dynamics of city life” affect them. The second book in the deal, the memoir When Will I See You Again?, is about the author’s first pregnancy, which coincided with her mother being diagnosed with a terminal illness.

Angela Flournoy has also been a finalist for the Center for Fiction First Novel Prize, a Summer 2015 Barnes & Noble Discover Great New Writers selection, a May 2015 Indie Next pick and a New York Times Sunday Book Review Editors' Choice. Her fiction has appeared in The Paris Review, and she has written for The New York Times, The New Republic and The Los Angeles Times.

Michelle Obama's "Becoming" is best selling book of 2018

Michelle Obama's memoir "Becoming" has become the best selling book of the year in the United States, surpassing Michael Wolff's "Fire and Fury" and others.

Wolff's "Fire" was a publishing world sensation when it came out in January. To date it has sold 1,008,088 hardcover copies, according to NDP BookScan data.

All year long, it was the year's No. 1 political book. Its closest competitor was "Fear," by Bob Woodward, which came out in September and has sold 872,567 hardcover copies to date.

But "Becoming" outpaced them both in just a couple of weeks. BookScan shows 1,122,618 hardcover copies of Obama's uplifting memoir have sold since its November 13 release date.

That makes it No. 1 for the year. The year's No. 2 book in terms of hardcover sales is "Magnolia Table," a cookbook by TV star Joanna Gaines. "Fire and Fury" now ranks No. 3, followed by Rachel Hollis' self help book "Girl, Wash Your Face" at No. 4 and "Fear" at No. 5.

Obama's publisher, Penguin Random House, said Friday that "Becoming" "sold more than 2 million units in all formats and editions in the U.S. and Canada during the first 15 days of its publication."

The hardcover edition of "Becoming" is now up to six printings, meaning the publisher has had to order more and more copies to keep up with demand. By the end of the sixth printing, there will be 3.4 million copies in print in the U.S. and Canada, well-timed for the holiday book-buying season.

[SOURCE: CNN]

A New Generation of African-American-Owned Bookstores

After a steep decline, the number of black-owned independent bookstores is growing.

When Troy Johnson began tracking the number of black-owned bookstores in the U.S. in 1999, there were more than 325. By 2014, that number had dwindled to 54, a decline of 83%.

“They were closing left and right, and the major ones were struggling,” said Johnson, who runs the African American Literature Book Club, an online book database. Today, Johnson estimates, there are at least 108 black-owned independent stores, a number of which have opened in the past six months, marking a substantial reversal. “Last year was the first year I added more stores to the list than I took away,” he noted.

The surge in black-owned indie bookstores is notable at a time when both bookselling and publishing are wrestling with issues of workforce diversity.

Ramunda and Derrick Young, wife-and-husband owners of the newly opened MahoganyBooks, looked for a physical location for years, but a wave of gentrification in Washington, D.C., left them with few promising options. That changed in early 2017, when they found a location in the Anacostia Arts Center, in the historically African-American neighborhood of Anacostia in Southeast D.C. Ramunda, a former general books manager of the Howard University Bookstore, said opening a store was a logical step toward diversifying the couple’s business after having run a books website serving predominately African-American readers for a decade.

MahoganyBooks opened in February and is the first bookstore in Anacostia in 20 years. The 500-sq.-ft. store has an adjacent events space for large readings. With tablets for readers to locate books online while they browse, the store fulfills the couple’s vision of “a bookstore 2.0,” Derrick said.

“Bookstore 2.0” is shorthand for the Youngs’ effort to integrate the physical store and the long-standing digital operation, creating independent sources of revenue that stand alone but point to one another. In-store technology points to the website, and the website now points to the physical store’s events. “We thought, if there were another big crazy economic downturn, how would we prepare ourselves so that we would have multiple streams of income?” Derrick said.

Read more: A New Generation of African-American-Owned Bookstores

President Obama to write another book after leaving office

During a recent sit-down on CNN with his former campaign manager David Axelrod, POTUS confirmed he'll release a book following the official end of his second presidential term.

"I'm gonna start thinking about the first book I want to write," he told Axelrod while speaking on his plans once he's no longer president. Although the current Commander-In-Chief will for sure be looking to get a head-start on his upcoming literary venture, he has something else in mind to focus on for the immediate future.

President Obama's upcoming book will be the latest of several he's penned in recent years, including 2004's Dreams from My Father: A Story of Race and Inheritance and The Audacity of Hope: Thoughts on Reclaiming the American Dream, which was released in 2006.

[SOURCE: ESSENCE.COM]