Hulu Valued at $2 Billion in Deal to Buy Out Providence Equity for $200 Million

Bloomberg reports that Hulu. April 26, 2012

Simon Cowell Issues Apology to His Family and Celeb Friends for Bombshells in His New Autobiography

Simon Cowell issued an apology to his family and his famous friends for the revelations in his tell-all biography. April 26, 2012

HarperAudio to Publish 15 Titles by Bestselling Novelist Milan Kunderan

HarperAudio announced today that it will publish fifteen titles by internationally bestselling Franco-Czech novelist Milan Kunderan. April 26, 2012

National Retail Federation Urges Congress to Allow States to Tax Out of State Retailers

The National Retail Federation is determined that Congress write legislation that overturns the Supreme Court decision that says that customers don't have to pay sales tax when the order from an out of state retailer that has no nexus to the state where the customer lives. April 26, 2012

Neal Stephenson Stars in Book Trailer Which Pokes Fun at Book Trailers

Amazon Publishing's 47 North imprint just put out a hilarious -- and clever -- book trailer for the new book, The Mongoliad: Book One. April 26, 2012

President Obama Discusses Secret Service Scandal With Jimmy Fallon

President Barack Obama was a guest on Jimmy Fallon's show last night. April 25, 2012

National Enquirer Debuts iPad App, Called EnquirerPlus

American Media, Inc. April 25, 2012

Jackie Collins Explains Her Decision to Self-Publish, Gives Advice to Writers

Bestselling author Jackie Collins raised some eyebrows when she decided to self-publish a book. April 25, 2012

Chicago Tribune to Cut 20 Jobs, Outsource Some Local Suburban News Coverage

The Chicago Tribune announced that it has made an investment in Journatic, LLC, a local content provider. April 24, 2012

Charlie Kaufman to Adapt Chaos Walking YA Series into Feature Film

Deadline reports that Oscar winning screenwriter Charlie Kaufman (Eternal Sunshine of the Spotless Mind, Confessions of a Dangerous Mind, Being John Malkovich) will adapt the first book in the Chaos Walking series into a new feature film. April 24, 2012

Tor, Forge, Orb and Starscape Ebooks to Go DRM Free in July

Tom Doherty Associates, the publisher of Tor, Forge, Orb, Starscape and Tor Teen announced today that its ebooks will now be Digital Rights Management (DRM) free. April 24, 2012

U.S. Postal Service Honors Ten Poets With Forever Stamps

The U.S. Postal Service has honored ten famous 20th century U.S. poets with Forever stamps. April 24, 2012

2012 Los Angeles Times Book Prizes Announced

The winners of the 2012 Los Angeles Times Book Prizes were announced Friday, April 20, 2012, during a public ceremony held in the Bovard Auditorium on the campus of USC. April 23, 2012

Nicholas Sparks Talks Film Adaptations of His Novels

The L. April 23, 2012

Chemists Reveal What Makes Old Books Smell the Way they Do

The aroma of old books is unmistakable, especially to a book lover. April 21, 2012

Australian High Court Rules Against Studios in Major Piracy Case

Australia's highest court just dealt a severe blow to the motion picture and television industry. April 21, 2012

Ebook Price Fixing Nightmare Continues: Apple Facing Three Class Action Suits in Canada

Apple and book publishers' ebook price fixing woes continue to expand. April 21, 2012

Palomar Pictures Options Julie Kagawa's Blood of Eden Series

Independent film production company Palomar Pictures has optioned Blood of Eden, a new series from young adult author Julie Kagawa. April 20, 2012

A Tour of Jane Friedman's Fabulously Bookish Manhattan Duplex

Jane Friedman has spent her life in book publishing. Her home includes a library with over 10,000 books, bookish wallpaper and more. April 20, 2012

Apple Offers to Settle With EU Over Price Fixing Allegations, Asks for Trial on U.S. Claims

The Telegraph reports that Apple has offered to settle the ebook price fixing case with the European Union. April 20, 2012

James Patterson's Private Book Series Being Adapted for Television

Sonar Entertainment and James Patterson Entertainment announced they will produce a new television series based on Patterson's bestselling book series Private. April 19, 2012

Holly Black and Cassandra Clare Write Five Book Fantasy Series for Scholastic

Bestselling authors Holly Black and Cassandra Clare have signed a five book deal with Scholastic. April 19, 2012

Arnold Schwarzenegger's Total Recall Book Cover Art Revealed

Simon & Schuster unveiled the book jacket for Arnold Schwarzenegger's autobiography, Total Recall: My Unbelievably True Life Story, which will be published in October 2, 2012. April 18, 2012

Joe Eszterhas Releases Audio Tapes of Mel Gibson's Profanity-Laced Rant

In response to Mel Gibson's denial of allegations that he exhibited deranged behavior and made more racial and ethnic slurs while working on The Maccabees film, screenwriter Joe Eszterhas has released audio recordings of the evening in question in Costa Rica. April 18, 2012

Reading Is Fundamental Launches Book People Unite Campaign

Reading is Fundamental (RIF), a children's literacy nonprofit, has launched Book People Unite, a new campaign to focus a spotlight on children's literacy nationwide. April 17, 2012