The Quill Awards, launched in 2005 to celebrate the best book in U.S. publishing, has lost the support of one of its corporate co-founders, Reed Business Information (which owns Publishers Weekly).
The Canadian Press reports:
Reed Business Information gave no reason for the decision and a company statement did not make it clear whether the awards had been placed on hiatus or ended permanently. A spokeswoman for Reed, which operates such publications as Variety and Publishers Weekly, declined to give any further details.
The Reed announcement, posted on the website of Publishers Weekly, said the plan was to “suspend” backing of the Quills, but also referred to the “dissolution” of the awards. Money raised for the Quills Literacy Foundation will be distributed to two non-profit organizations – First Book and Literacy Partners.
The award ceremony was a black-tie affair that has featured Jon Stewart and Donald Trump as presenters, and had been broadcast on NBC stations. The Quills Literacy Foundation, chaired by former Variety publisher Gerry Byrne, raises money to support U.S. literacy.