Frankfurt Book Fair: Random House Cancels Frankfurt Party

In a sign of the economic times, Random House has canceled its famed soiree during the Frankfrut Book Fair. The party, long known as a lavish annual industry event, has been the financial responsibility of Random House and parent company Bertelsmann and was, this year, canceled by the CEOs of those companies. A spokesperson for the publisher issued a statement saying that "this course of action is consistent with our not hosting any coporate social events this spring at the LBF or BEA. We've been informing many of our longstanding invited international guests of our intention, and while disappointed, they are unsurprised and respectful of our decision. Random House will explore other Frankfurt Book Fair social-event opportunities in future years."

For more Frakfurt Book Fair 2009 coverage, from PW and BookBrunch, go here.

PW

and BookBrunch, go here.