LéaLA, the Los Angeles-based Hispanic book fair, announced that it will not hold its annual event in 2014 due to a lack of funding. The event will return to Los Angeles in the spring of 2015.

“Since 2011, the Spanish-language fair has been held in Los Angeles and underwritten by the Guadalajara International Book Fair, the largest fair in the Spanish-language book world, as well as the University of Guadalajara. When the Mexican government changed hands last year (Enrique Peña Nieto was sworn in as president in December 2012), funding to state universities was cut. Because some of LeaLA's funding is linked directly to the university's, it too experienced cutbacks,” Publishers Weekly reports. Read the full story here.