By Shirley Li
Updated December 11, 2013 at 06:09 PM EST
Jane Austen
Credit: AP

Wednesday’s books headlines includes the selling of Jane Austen portrait, an end to the legal battle between indie booksellers and publishing houses, and some bad news for Mike Tyson. Read on for those stories and more below:

Sotheby’s sold a watercolor portrait of Jane Austen — considered the best likeness of her — to an anonymous private collector for a whopping $270,000. [The Guardian]

Federal Judge Jed Rakoff has dismissed a lawsuit brought by independent booksellers against Amazon and six major publishing houses over the use of digital rights management. Rakoff wrote in his decision that “the evasieness of this allegation is remarkable… Plaintiffs do not allege an unlawful agreement, only vague ‘oral discussions or agreements regarding the use of restrictive DRM.'” [Publishers Weekly]

Mike Tyson has been denied entry to the U.K. to promote his memoir, Undisputed Truth, because of his criminal record. [The Guardian]

The Poetry Foundation has announced a new annual Pegasus Award for Poetry Criticism, honoring “the best book-length works of criticism” of the year. This year’s winner will receive a $7,500 prize. [Poetry Foundation]

The New Yorker has unveiled the first part of its Best Books of 2013 list. [The New Yorker]

Also from The New Yorker: Jennifer Szalai explores the meaning of “guilty pleasure.” Why does “mass appeal” result in certain shows, movies, or books being labeled with the term? [The New Yorker]

Speaking of guilty pleasures, John Biggs penned an essay celebrating the “holiday book.” [TechCrunch]

More lists! Check out the National Journal‘s picks for the best political books of 2013, including the Hunger Games trilogy. [National Journal]

The Atlantic is releasing a series called “By Heart,” in which authors like Jonathan Franzen and Sherman Alexie share and discuss their favorite literary passages. The latest is by Joy Luck Club author Amy Tan, who explores her writing method. [The Atlantic]