Adaptation?
And then the real carnage began:
Yesterday's MobyLives story about Random House freezing employee benefits was followed by the company's announcement later the same day that it's boosting its efforts to build up its ebook library and expects to have some 15,000 titles--including books by major authors such as John Updike and Harlen Coben--available within just a few months. Following Friday's MobyLives story about Barnes & Noble's historically bad third quarter earnings report, there's yesterday's Wall Street Journal story by Jeffrey Trachtenberg about the even worse earnings statement expected today from Borders Group Inc. Then there's this story from blogger Ed Champion: it seems Borders has told the Independent Publishers Group--the country's largest independent book distributor--that it won't be paying them for two months, a devastating development for IPG's client publishers, and a potential signal that Borders is on its last legs. Then, late yesterday afternoon came the report that was most stunning of them all: A Publishers Weekly alert that Houghton Mifflin Harcourt has told its editors to stop acquiring new books for an indeterminate period. According to PW's Rachel Deahl, HMH's vice president of communications Josef Blumenfeld confirmed the story after it was leaked to PW, although he said it was "not a permanent change." Nonetheless Blumenfeld "hedged on when the ban might be lifted," says Deahl. Instead, he insisted "it's a symbol of doing things smarter; it's not an indicator of the end of literature."But I do have to wonder how much of an effect all of this will have on authors, who more or less live close to their margins anyway. The other day, my lovely friend Sam said, "You know, I never felt the boom, and now I'm not feeling the crunch."
November 25, 2008
Shiver me timbers
posted by Charlotte at 2:35 PM | permalink | email it |0 comments
November 8, 2008
Solid like Barack
posted by Charlotte at 12:19 PM | permalink | email it |0 comments
November 2, 2008
YouTube time-waster
This is us on a cutblock somewhere near Seymour Inlet, at the southern end of the Great Bear Rainforest. Watch a JetRanger land on a giant log:
Watch it take off:
posted by Charlotte at 7:51 PM | permalink | email it |0 comments
November 1, 2008
Sad treeplanting news
I only found out about this yesterday, when my stat counter blew up with hits by those looking for more info. If you've Googled your way here for that reason, you can find coverage at Canwest and also the North-Island Gazette.
posted by Charlotte at 10:09 AM | permalink | email it |0 comments
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