They're off...

“The inaugural shortlist of the latest literary award on the block, the Folio Prize, has been unveiled - with a strong showing by American authors.

     The prize, open to English-language writers from all around the world, pre-empts this year's Booker Prize, which is also expanding to a global level.
     The final eight books - out of 80 read by the Folio judges - span poetry, novels and short stories.
     The winner of the £40,000 prize will be announced on 10 March.
     On the shortlist are Red Doc by Anne Carson, Schroder by Amity Gaige, Last Friends by Jane Gardam, Benediction by Kent Haruf and The Flame Throwers by Rachel Kushner.
     The list is completed by A Girl is a Half-Formed Thing by Eimear McBride, A Naked Singularity by Sergio De La Pava and Tenth of December by George Saunders. Five of the writers - Gaige, Haruf, Kushner, De La Pava and Saunders - are American or US-based. Gardam is the only English writer on the list. Carson is Canadian, and McBride is Irish.”
— Tim Masters, BBC
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Byte-size

"The Internet may be disrupting much of the book industry, but for short-story writers it has been a good thing.

     Story collections, an often underappreciated literary cousin of novels, are experiencing a resurgence, driven by a proliferation of digital options that offer not only new creative opportunities but exposure and revenue as well.
     Already, 2013 has yielded an unusually rich crop of short-story collections, including George Saunders’s Tenth of December, which arrived in January with a media splash normally reserved for Hollywood movies and moved quickly onto the best-seller lists. Tellingly, many of the current and forthcoming collections are not from authors like Mr. Saunders, who have always preferred short stories, but from best-selling novelists like Tom Perrotta, who are returning to the form. […]
     In recent decades the traditional outlets for individual short stories have dwindled, with literary magazines closing or shrinking. But the Internet has created an insatiable maw to feed."
— Leslie Kaufman, The New York Times
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Buy all of George Saunders's books here...