In an article titled, "Publisher-agent who championed Stephen King dies," Hillel Italie of The Associated Press talks about Elaine Kosters keen eye for spotting new talent.
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The article notes that as publisher of the New American Library in the 1970s, Koster paid a then-enormous $400,000 for the paperback rights to King's "Carrie," which had sold poorly in hardcover, and was later credited with helping to make a blockbuster out of Erica Jong's "Fear of Flying."
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Stephen King said in a statement, "Her ability to recognize well-written commercial fiction ... as well as important literary fiction, was unparalleled. She may have been the key figure in the ascendance of the paperback in the marketplace during the 1970s and 1980s."
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