Faber will be publishing a new novel by Australian literary heavyweight Peter Carey next year, with the publisher already billing the dual-narrative title as a classic.
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Faber has entered into a partnership with The Perseus Books Group in the US, setting up a company to provide global digital services for independent publishers in the UK, Ireland and Commonwealth.
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The safeguarding of Waterstone's future will secure the midlist of history and science writing, literary fiction and memoir, the m.d. of Faber has said. Stephen Page, writing in the Guardian, said if the Waterstone's acquisition by Alexander Mamut goes ahead, it would be "tremendous" news for readers and writers. He said: "Despite all the noise about e-books and online marketing, bookshops are still at the heart of creating audiences for books."
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The takeover of Waterstone's by Alexander Mamut is cause for celebration among the publishing industry, Faber c.e.o. Stephen Page has said.
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