Turns out publishing company CEOs have no idea what they're doing. Also, we have a hefty helping of news after the break.
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Our sources this week:
A History of the midnight release party: https://bookriot.com/history-of-the-midnight-release-party/
Please please please please: https://www.poynter.org/business-work/2022/a-26-year-old-entrepreneur-takes-a-fresh-shot-at-selling-news-one-story-at-a-time/
Penguin random house and Simon & Schuster begin their fight with the DOJ: https://www.publishersweekly.com/pw/by-topic/industry-news/publisher-news/article/90032-doj-v-prh-all-our-coverage.html
Another angle from NYT: This is really about competing with Amazon: https://www.nytimes.com/2022/08/02/technology/penguin-random-house-amazon.html
The discourse from Courtney Milan (author and industry commentator) on Twitter: https://twitter.com/courtneymilan/status/1556673050895994880
Pearson hasn’t been able to take advantage of the secondary textbook market up til now, but plans to leverage NFTs to make a profit down the road: https://www.theguardian.com/books/2022/aug/02/pearson-plans-to-sell-its-textbooks-as-nfts
Online book clubs working to decolonize publishing: https://lithub.com/how-one-group-of-global-south-writers-is-decolonizing-literature/
Stardust by Neil Gaiman: https://bookshop.org/a/55633/9780063070714
Witch's Brew by Shawn Engel and Steven Nichols: https://bookshop.org/a/55633/9781454942863
Last Book on the Left by Zebrowski, Kissel, Parks: https://bookshop.org/a/55633/9781328566317
