Melissa Anelli of the Leaky Cauldron made an announcement today to members of Child_List.
There has been much debate as to how many times publishers, agents, etc. rejected Harry Potter and the Philosopher's Stone until Bloomsbury took it on. Arthur Levine of Scholastic (the U.S. publisher of Harry Potter) clears up the controversy on PotterCast#22. (If it is not on the front page, click on "News")
PotterCasts! I had no idea. This one is an hour and twenty some minutes long too. Wow. I just may have to listen to some of these.