Inside the Australian and New Zealand book industry

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Debut novel attracts advance of ‘close to US$2 million’

In the US, a debut novel has sold at auction for ‘close to US$2 million’ (A$2.14 million) after a bidding war in which 10 publishers bid more than $1 million (A$1.07 million), reports the New York Times. The 900-page novel City on Fire, which was purchased by Knopf, is the...

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Category: International news