In an interview with MTV News, Franco said was pondering “the idea of L.A. as a place where people’s dreams can come true, but also L.A. as a place that eats its young.” He had already written poems about a famous Los Angeles hotel and Lindsay Lohan.

Here’s an excerpt: I’ve done a few projects about actors that have died young — James Dean, River Phoenix and Brad Renfro. Lindsay and I had reconnected at that time. I had been writing some poems about the Chateau Marmont and one or two of the poems involved Lindsay [Lohan].” (Link via Don Linn, Image via Twitter)

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Lindsay Lohan has reportedly signed a £2.1million deal to pose for a nude photography book. According to The Daily Mirror, Academy Award host James Franco will be her partner for this project.

The video embedded shows the pair in the trailer for an imaginary action film in the 2006 film, The Holiday. Lohan and Franco will be shot by celebrity photographer Terry Richardson. In the past, Richardson has snapped the pictures of Lady Gaga, Leonardo DiCaprio, Jay-Z, and many others.

The Mirror reports: “Richardson has persuaded Lindsay and James to get involved. He has assured them it will be provocative but tasteful … Obviously there will be comparisons to Madonna’s 1992 Sex book. But James and Lindsay believe theirs will be classier.” (Via Sarah Weinman)

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The Daily News explained how Greenman conceived this idea for “Tab Lit:” “Greenman determined that the best way to update Chekhov’s dramas of love, loss and pride was via our national obsession with fame. ‘Aren’t celebrities fictional characters anyway?’ he asks. Besides, he points out, celebrities face ‘similar pressures’ to Chekhov’s characters: Many of the stories deal with the divide between public and private.”

Earlier this year, Greenman released What He’s Poised To Do, a collection of fourteen short stories about love and letter-writing. Chekhov was renowned for his short stories and plays, especially his four major plays: The Seagull, Uncle Vanya, Three Sisters, and The Cherry Orchard. He also practiced medicine and maintained a busy career as a physician. According to the publication Letters of Anton Chekhov he once said, “Medicine is my lawful wife and literature is my mistress.”

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In that video, Penguin CEO John Makinson gave us a glimpse of what digital books from the iBooks store will be like when the Apple iPad arrives.

President Barack Obama sent fan mail to Life of Pi author Yann Martel.

Media Source Inc. had acquired Library Journal and School Library Journal, causing some editorial shakeups at Publishers Weekly–a new publisher and editorial director.

We rounded up The Best Book Editors on Twitter–add your favorite in the comments.

The great author Barry Hannah passed away at 67-years-old.

BookExpo America announced that Daily Show host Jon Stewart will introduce memoirist Condoleezza Rice at a BEA breakfast.

Speaking of memoirs, Lindsay Lohan is writing a memoir.

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Here’s the quote: “I write a lot and it’s very therapeutic for me because then I can see what’s happening on paper. I’ve started writing a book. It’s going to take a while, all my life experiences. I started writing it a year ago. There’s a lot to put down, you know?”

We look forward to finding out who will publish this new memoir. It will join a thin bookshelf of Lohan books, including the UK title, Lindsay Lohan–Living Dangerously. Comedian Chelsea Handler turned the memoir into a Zen parable with a tweet: “If Lindsay Lohan writes a book, but nobody reads it…did it really happen?”

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