Iceland’s Book Flood

Iceland publishes more books per capita than any other country in the world, with five titles published for every 1,000 Icelanders. But what’s really unusual is the timing: Historically, a majority of books in Iceland are sold from late September to early November. It’s a national tradition, and it has a name: Jolabokaflod, or the “Christmas Book Flood.”

Vantage Press Shuts Down

“Vantage Press, one of the original ‘vanity’ publishing businesses, has closed three years after its acquisition by media investment banker David Lamb.” Says a lawyer’s letter to creditors, “Vantage does not have sufficient revenue to sustain itself as a going concern. It has, therefore, ceased all business operations.”