A Blog About Books and Reading
A Blog About Books and Reading
"Once a book with a big advance is in-house ... it gets no special treatment," McIntosh said on the stand.
Dohle suggested on the stand that publishers resembled the "Silicon Valley of media" and compared their work to that of angel investors in business.
"When I started in this business, there were literally hundreds of imprints, and some of them were run by people with extremely idiosyncratic tastes, one might say."
The suit to block the proposed merger is set to begin in a Washington, D.C., court on Monday, August 1.
The expansion at S&S is meant to telegraph to authors and agents that the house is broadening the scope of its publishing, says president and publisher Kevin Hanson.
Two ongoing battles surround the proposed deal to combine two of the world’s largest publishers and the financial woes of a former New York governor.
The deal, worth a reported $2.175 billion USD, has already been the subject of opposition among many players inside and outside the publishing industry.
As big North American publishers become ever bigger, authors lose opportunities to place their work and readers lose the chance to avail themselves of riskier books.
Publishers are increasingly relying on morals clauses to shield them from blowback should an author’s bad behaviour become public scandal.
The potential combined market clout of two major multinationals provides potential negative results for independent publishers, authors, and readers alike.