The Los Angeles Times Jacket Copy blog posts a few of the details and some links for more info about the economic impact the recession has had on the book publishing industry.
Boy, would I hate to be some sorry scribbler shopping his novel around NYC right about now ...
From the LAT:
The New York publishing world, which has had its own shivers of layoffs, got seriously rattled by major announcements today by Random House, Simon & Schuster and Thomas Nelson. Publishers Weekly editor Sarah Nelson is not the only one calling it Black Wednesday. Thomas Nelson, a Christian publisher, laid off 54 people. Senior staff are leaving Random House in a "long anticipated restructuring," but the company isn't calling the departures layoffs. What happened at Simon & Schuster were layoffs -- 35 people were let go. Understanding that this is bad news, Nelson, in a blog post, still keeps her chin up: "I don't really worry, in the long run, about publishing itself."
Full post is at Jacket Copy.
— TJ Sullivan in LA
No comments:
Post a Comment
All comments are appreciated, especially those that inspire spirited-but-courteous discussions. Your comment will be reviewed before it is posted on the site.
Anonymous comments are not permitted. I put my name on what I say here, so I hope you don't mind doing so as well.