Lunch for Thursday, June 19
Amazon's Clout Helps Debut Novel
The Wall Street Journal looks at how David Wroblewski's debut novel THE
STORY OF EDGAR SAWTELLE (Ecco) benefited from being championed by
Amazon.com. The 566-page literary novel has already gone into its
seventh printing -- a reported total of 90,000 copies
-- a week after its publication. Driving that unexpectedly
heavy demand has been strong reviews and promotional support from
Amazon.com, which chose the book as one of the best books of June, kept
it on its home page for two weeks at a 40% discount before the book hit
stores, and posted an essay written by the author at Amazon's request.
"We also had a preorder banner in May, which is something we do for
books that we think will have significant interest for our customers,"
says Tammy Hovey, an Amazon spokeswoman.
Amazon's enthusiasm, combined with strong reviews in
national newspapers, has helped other retailers take notice. "It's
doing fabulously well and we've already reordered," B&N fiction
buyer Sessalee Hensley told the WSJ, and Costco increased its
initial order to 18,000 copies from 3,000.
WSJ
The PFD Saga Continues
Not surprisingly, yesterday's news that former Sunday Times editor
Andrew Neil has agreed to buy PFD from CSS Stellar generates more
attention in the UK news media. Neil, the current chief executive of
the Spectator, explained his decision to buy the troubled literary
agency, which is only just recovering from last year's mass defection
that created United Agents, stemmed from its back catalog: "If
you were an asset-stripper you would be prepared to pay this price
to close the company down and live off its back book, though that is
absolutely not what we want to do." PFD will also retain Caroline
Michel as its CEO and will give her an unspecified stake in the
business. Neil also warned not to expect a rapprochement with United
Agents. "They still owe us money. All the best tunes have been sung by the
United Agents so far, but we're going to be more robust and aggressive."
Independent
Bookseller
Announcements
At the Doubleday Publishing Group, Bill Thomas has been named senior
v-p, editor-in-chief and publisher, general adult books. He has been
editor-in-chief of Doubleday since 1998. Stacy Creamer has been promoted
to editor-in-chief of Broadway from deputy editorial director, and
Charles Conrad, editorial director for Broadway paperbacks, has been
promoted to deputy editorial director of the imprint. Both will continue
to report to Thomas.
Penguin was named Publisher of the Year at the Australian Book Industry
Awards and by the Canadian Booksellers Association.
John Fagan has been named Marketing Director, eBooks, for Penguin. This
is a newly created position added to his current duties as Vice
President, Director of Marketing for Penguin Books and the company's
Executive Director, Marketing and Sales.
Andrew Proctor will add Operations Director to his responsibilities at
PEN American Center where he is the Director of Membership and of the
Writers' Fund. Lara Tobin will join PEN full time as Membership
Associate.
Timothy Mennel has been named senior editor at the American Planning
Association, overseeing both Planners Press and PAS reports.
The Most News That the Business Uses
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news, deal transactions, and job offers anywhere. Today's Lunch Deluxe
includes these additional stories and links:
- University to Stop Distribution Titles by "Radical" Publisher
- Puzo Son Lawsuit over "Godfather" Game
- Potter by the Numbers
- BEA Coverage Still Trickles In
- BEA 2008 Now Playing at Publishers Lunch TV
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Brought to you by Cader Books. This meal has been specially prepared
for your consumption by Sarah
Weinman.