Not a Good Sign…
I saw the link to this article at Agent Kristen’s blog. Not a good sign if publishing houses are putting a stop on acquisitions. Might not matter if we all finish those NaNo novels, eh?
Here is a link to a PW blog on the subject.
And, while I’m glad that Border’s is not going to be sold (especially that it’s no longer talking about selling itself to B&N), the news that they are pruning their inventory is depressing.
Though, this article reports another publishing company doing so well that it’s giving out bonuses. So, maybe it just depends on who you talk to. Though, I noted the article’s mention of how it’s smarter right now to go with known authors.
And, finally, an article about how publishing companies are doing away with agent lunches.
It kind of makes me wonder… if book publishing (which has been the end-all, be-all for a while, or so it seems) is falling off, will short fiction make a come-back? Especially in online venues that are free to access?
Though, you know, no matter what happens with the recession and the publishing industry, I’ll still be writing stories. Even if the only people I share them with are family and friends, I’ll still be writing, because the characters have stories that need to be told. It gets to be part of your blood, and that’s something that never goes away.
On that note, happy Thanksgiving everyone. My husband and I are heading off to the cabin for the weekend (the land of no Internet), so probably no posting from me until Sunday, at least. Have to devote the rest of this week to the 20K remaining on my NaNo novel.
I hope you all have a fabulous weekend!
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Borders needs to trash their entire music and movies sections and focus on books. Even when their movies and CDs are on sale they’re still five bucks higher than anywhere else. Even the movies they offer that most places don’t (like their foreign films selection, which is quite good), you can get cheaper online. If they can’t compete in that market they’re just losing money on it.
Let’s hope they don’t go away. I like their Rewards program.
I totally agree! Their strength is that breadth of inventory that is so much better than B&N or any small book store. But I never buy music or movies there. Here’s hoping they choose that way to cut back on inventory. **crosses fingers**