Andrew Wylie, Man of Letters (And Numbers)

Last week, mega-agent Andrew Wylie — he represents McSweeney's, VF editor Graydon Carter and VF scribe Michael Wolff, fashion queen Diane Von Furstenberg, and other little outfits, like the New York Times itself — trashed pop fiction classic Peyton Place, saying publishers of work such as Hemingway and Faulkner made much better investments.

This week, the Literary Saloon takes Wylie to serious task over this. Peyton Place's initial print run, in 1957, was 2 million copies — and even today, Peyton Place's Amazon rank is tens of thousands above those nice literary "investment" authors. Here's to the enduring financial power of trash.
Andrew Wylie and Peyton Place [Literary Saloon]