Thursday, December 04, 2008

Let There Be Light

STATUS: Working very late to finish up a contract.

What’s playing on the iPod right now? LINUS & LUCY by Vince Guaraldi Trio

Firings at HMH. Layoffs at Simon & Schuster yesterday, layoffs at Scholastic a month or so ago, huge structural changes at Random House announced yesterday, HarperCollins delaying pay raises until next summer, and Macmillan CEO outlining that not everyone might have a job going forward

And yet, Michael Cader at Publishers Marketplace had this to say:

“Meanwhile, despite all the attention for the books HMH isn't buying, our deal reports continue to show steady activity in the marketplace. (Over 90 deals in the past three days; 700 reports since November 1; 1375 since October 1.”

I like that ray of light!