Tuesday, December 16, 2008

The Recession and book publishing

Bad news just doesn't escape most of us and the book world is not immune I heard a recent radio news story about a major book publisher cutting back its work force and looking today, I found related stories on the Web. In particular, an AP news story says book publisher Macmillian (which includes [popular mystery] writer Janet Evanovich according to the article) is reducing its work force.

And yet, the book budget is unfazed as Macmillian CEO John Sargent says there will not be a change in the budget for acquiring books. So, that's good news. Still, you have to expect this would economy impact the book industry in negative ways. You just have to hope the good stories keep finding their way into print.

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