Books

Michael Wolff's "Fire and Fury" sequel flops

Michael Wolff
Michael Wolff. Photo: Jared Siskin/Patrick McMullan via Getty Images

Michael Wolff's "Siege" sold just 17,756 copies in its first week, according to NPD BookScan figures reported by AP.

The big picture: Wolff's "Fire and Fury" sold more than 25,000 copies its first week, despite a shortage, and nearly 200,000 copies the following week, according to BookScan, which tracks around 85% of physical book sales. In September, Bob Woodward's "Fear" sold 1.1 million copies in its first week in all formats (hardback, digital and audio).

Go deeper: Trump muses about Protestant Supreme Court picks in Michael Wolff's new book

Possible salvation for Barnes & Noble

Barnes & Noble Storefront
Photo: Justin Sullivan/Getty Images

Barnes & Noble got a lifeline on Friday with the news that it will be bought out and taken private. No longer will the long-struggling book chain be subject to the brutality of the quarterly analyst meeting.

Why it matters: But what is not known is whether long-form readers will fare as well after Elliott Management's $476 million buyout of B&N. One outlook is that Elliott, which already owns the U.K.'s Waterstones chain of bookstores, will use its management expertise to sort out what ails B&N.The other is a continued, slow shriveling up of the neighborhood U.S. bookstore that has been under way for two decades.