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Publishers Lunch  Publishers Marketplace member pages rights postings job board report a deal site guide help Publishers Lunch is the industry's "daily essential read," now sharedwith nearly 30,000 publishing people every day. Each report gatherstogether stories from all over the web and print of interest to theprofessional trade book community, along with original reporting, plus alittle perspective and the occasional wisecrack added in. The full version, Publishers Lunch Deluxe, is e-mailed every businessday to members of PublishersMarketplace.com. It contains5 to 10 stories a links a day (or more), plus different standing weeklyfeatures Monday through Friday (Sunday Papers; Bestseller Radar, TheMost Reviewed, and BlogWatch). Members can search a multi-year archive ofprevious Lunch newsletters, receive an optional nightly e-mail reporting10 to 25 deal transactions a day, and use our proprietary databases,scripts, and posting privileges. Use our Registration page to sign up for a Marketplace account. This free version shares just three stories from today's edition, andarchives a few previous partial issues. June 30, 2008 Lunch for Monday, June 30 Olsson's Faces BankruptcyCreditors including Random House, Penguin and Hachette Book Grouppetitioned a bankruptcy court last week to liquidate Washington, DCindependent store group Olsson's, seeking payments of nearly $400,000.The Washington Post reports that Ingram and Sony also hold claims toOlsson's inventories. An attorney for the stores says that they intendto convert the Chapter 7 filing to Chapter 11 bankruptcy protection inthe hopes of reorganizing. The Washington Post reports: "Pressed by creditors who have filedclaims against the company's inventories and by rising overhead costs,Olsson's is closing at least one store (in Penn Quarter) and willevaluate its ability to operate its remaining five properties, anattorney for the company said." That closing will leave the companywith five stores, down from a total of nine stores in 2002. Like Borders and other big chains, the decline in music sales hasplayed a role. John Olsson, who founded the stores over 50 years ago,tells the Post, "Our music sales went from 50 percent of our businessto maybe 15. We lost a lot of revenue, and at the same time rents wentup and real estate taxes went up. I don't know what we would have donedifferently. It's a killer."PostNew Stores for NOLA and LexingtonOn the flip side, the Afro-American Book Stop in New Orleans willreopen this week in a new 1,500-square-foot space. The previous storewas destroyed by Hurricane Katrina in 2005.Localstory In Lexington, KY, Wyn Morris and Hap Houlihan have opened the MorrisBook Shop. Stocking about 20,000 titles, Morris says "I'm going to keepit as regional as I can." Both men have worked for University Press ofKentucky and Joseph-Beth Booksellers.KentuckysiteKarp On PublishingTwelve publisher Jonathan Karp has an essay in the Sunday WashingtonPost on the state of publishing. He remarks on "the relentless,indiscriminate proliferation" of commercial "ephemera" on thebookshelves" and freely admits "I too have sinned. In weaker moments,I've been seduced by tales of celebrity, money, gossip and scandal." Henotes: "Most authors want their work to be accessible to a typicaleducated reader, so the question really isn't whether the work ishighbrow or lowbrow or appeals to the masses or the elites; thequestion is whether the book is expedient or built to last. Are wegoing for the quick score or enduring value? Too often, we (publishersand authors) are driven by the same concerns as any commercialenterprise: We are manufacturing products for the moment." Karp also observes: "I can't prove it empirically, but when I talk toliterary agents and fellow publishers, they acknowledge anunarticulated truth about our business: Fewer authors are devoting morethan two years to their projects. The system demands more, faster.Conventional wisdom holds that popular novelists should deliver one ortwo books per year. Nonfiction authors often aren't paid enough to workfull-time on a book for more than a year or two." One result:"Journalism has long been regarded as the first rough draft of history;lately, however, books have too easily been thought of as the secondrough draft, rather than the final word." His prediction/hope: "Publishers will be forced to invest in works ofquality to maintain their niche. These books will be the one productthat only they can deliver better than anyone else.... For publishers,R&D means giving authors the resources to write the best books -- works that will last, because the lasting books will, ultimately, bewhere the money is."PostThe Most News That the Business UsesEvery day, we gather, report, recap and interpret themost publishingnews, deal transactions, and job offers anywhere. Today's Lunch Deluxeincludes these additional stories and links:Judy Moir'sAgenting LifeCopyright eFiling BeginsAnother Extensionof the Netflix ModelPrinceton Picks Ingram DigitalActual News About Newspapers' Books CoveragePublishersMarketplace.com always features all of theunique data andtools that drive business every day: Unlimited access to deals, our newTop Dealmakers (with 180 lists of busy agents, agencies, editors andimprints) live contacts, our representation database, comprehensivecoverage of reviews and bestseller lists from all over, special toolsranging from the Book Tracker to Amazoom, our custom publishing searchindex, and the new top reviewers tables. Plus our popular member pages and blogs bring hundreds of thousands offocused page views from the publishing world to about 1,300 postedpages every month. Enjoy the most publishing information and resources available anywhere,yours for our basic monthly fee.JoinherePersonnel NewsIn the Random House Children's sales team, BeckyGreen has been promoted to director of children's sales, nationalaccounts, and Enid Chaban moves up to vp, director, brand &category management, both newly reporting to Joan Demayo. More New JobsOur industry-leading Job Board has added over 25 new listings in thepast week, the latest among close to 100 opportunities in all stilllive from the past month. For employers, we provide the unbeatable combination of the largestcirculation in the business by far, a total focus on book publishingonly, and the best prices anywhere. And for job-seekers, we present great new possibilities every day andconveniences like an RSS ping to keep you posted on every new offering.Among the latest:Editor, Licensed Publishing [Full Time]DC Comics (New York, NY)Publishersmarketplace.com/jobsEmployers:Register here to postGetthe widget Reader Services Addyourself or your clients to the Who Represents database Changeyour information in the Contact database Changethe e-mail address for your Lunch subscription by signing up againGet LunchUsethis to subscribe and/or to change your address Brought to you by Cader Books. Posted on June 30, 2008 at 11:16 AM | Permalink June 2008 Sun Mon Tue Wed Thu Fri Sat 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Recent Issues Lunch for Thursday, June 26 Lunch for Wednesday, June 25 Lunch for Tuesday, June 24 Lunch for Monday, June 23 Lunch for Friday, June 20 Lunch for Thursday, June 19 Syndication  Links Subscribe to Publishers LunchPublishers MarketplaceReport a Deal Weekly Archives June 29, 2008 - July 5, 2008June 22, 2008 - June 28, 2008June 15, 2008 - June 21, 2008June 8, 2008 - June 14, 2008 |
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