May 17, 2005

Another major book industry figure gets glassy look in his eye, starts intoning, "Must become agent, must become agent … " . .

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In a move that caught the book industry by surprise, Laurence J. Kirshbaum, “the popular head of the Time Warner Book Group, announced Monday that he is stepping down.” The 61-year-old Kirshbaum tells Hillel Italie in an Associated Press wire story that he will become a literary agent, so that he “can work with authors in a more intimate way without all the stresses and strains of administering a large company.” Richard Atkinson, the CFO and vice president of corporate parent Time Inc., said in an e-mail to staffers that the resignation was “entirely Larry’s decision.” Atkinson noted that Time Warner “has had a great run of best sellers, is going to post all time record financials this year . . . So, Larry has chosen the perfect moment to slow down, move onto something less stressful and take the time, as he puts it, to smell the roses.”

Dennis Johnson is the founder of MobyLives, and the co-founder and co-publisher of Melville House.

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