Coral Wire — Thu, Oct 15 2026

The Coral Index closed at 20/100 — Storm warning. 11 graded stories fed that reading.

• Faber ceases distribution of Sally Rooney works in UK following Palestine Action legislationLegal · Breaking — Rooney says the Palestine Action terrorism designation, made in 2025, is why she can no longer sell books in the UK
• ACX and Audible’s New Payment Model: What You Need to Decide Before 31 DecemberPlatform — The old flat-royalty model ends 1 January 2027, and audiobooks still on it that day must be enrolled in the new terms or pulled.
• Fake literary agent pitch shows how publishing scams now workLegal
• Agents debate which nonfiction categories are slumping or sinkingMarket — The question on the table at the People of Publishing conference was which nonfiction categories need a real rethink and which are just in a slump
• Agents say editors are using AI for rejection lettersAI — Wired reports Hachette, HarperCollins and Simon & Schuster staff are using AI tools in-house, with agents flagging a pattern in rejection emails
• Informa starts separating Taylor & Francis from the groupMarket — No terms, timeline, or buyer have been disclosed yet
• GV Group acquires CPI Books after competitive biddingMarket — The Bookseller reports the deal followed what GV Group called an "international competitive bidding process."
• E-book revenue falls 5.7% as audiobooks keep climbingMarket — Digital audiobooks grew 12.6% in August even as e-books slid, and paperbacks and hardbacks both posted double-digit monthly gains.
• Libro.fm pushes e-book platform launch to 2027Platform — Booksellers get e-book access this fall, but wider availability and e-reader compatibility details wait until the end of 2026.
• Caine Prize responds to AI accusation with vague pledgeCommunity — The UK-based prize says it will take a "human-centred approach" but hasn't spelled out what that means in practice
• ASA joins global writers' bodies on ethical AI charterCommunity — The charter sets out shared commitments on AI, though the specifics haven't landed yet
• 80 publishers unite behind standard to track AI content useLegal — The New York Times and The Economist joined over 40 new members Monday, doubling a coalition building shared standards for tracking and licensing content.

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