Shortly after breaking the news that Will Schwalbe is leaving Hyperion next week, Observer publishing correspondent Leon Neyfakh extracted more details from the outgoing editor-in-chief. So what do we know? Schwalbe's been thinking about his future for a while, but he only made the decision last week. And he's not planning to go be a book publishing executive someplace else, but he's not sure exactly what he's going to do, either. "I have some ideas that I'm excited about," he told Neyfakh. "There are a lot of people I want to talk to." The possibility of "new media" as an outlet for Schwalbe's creative energies is mentioned.