Poison Pill in the New York Times Book Review on June 30
News
Image of the Day: Youngest Fan
Last Thursday, an estimated 1,500 people came to the King's English language Bookshop, Salt Lake Metropolis, Utah, for a signing past former President Jimmy Carter of his latest book, White House Diary (FSG). Fans included some people who all the same can't vote.
Notes: BEA-ALA Amicably Stay Carve up; B&N Poison Pill Limits
BookExpo America and the American Library Clan have "concluded" their discussions concerning a possible merger of the BEA show and the ALA annual conference. ALA said that "communication from exhibitors, attendees and association members indicated that each bear witness is serving its constituency"; the executive lath decided that "current arrangements work best at this time."
The two organizations said that "the exploration had been a positive experience and that doors have been opened for other possible collaborative activities between ALA and the American Booksellers Association, the American Clan of Publishers and Reed Exhibitions."
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Apparently in a nod to criticism that the Riggio family was favored past the poison pill plan adopted late last year, the Barnes & Noble board of directors has amended the toxicant pill plan to limit whatever increment in shares past the Riggo family unit.
The poison pill plan limits outsiders from accumulating 20% or more than of the company. The Riggio family already owns at to the lowest degree 30% of B&N and was exempted from the poisonous substance pill programme, which insurgent investor Ron Burkle objected to. Nether the amended plan, the board cannot make boosted equity grants to the Riggios, and if the Riggios learn more shares by exercising existing share options, they must dispose of the option shares within 60 days and cannot vote the shares.
The full program is up for ratification at a special shareholders coming together Nov 17.
B&N also said that its two new directors, voted in on September 28 at the same time as chairman Len Riggio was re-elected--in a boxing confronting Ron Burkle and his slate--have been added to the special committee of independent directors formed in August to oversee B&N's strategic alternatives review process, which may event in the sale of the company. The two are David Golden and David Wilson.
Golden is executive v-p and a partner of Revolution, an investment company. Before he worked at JP Morgan Chase and Hunt Manhattan Bank. He serves on the boards of a multifariousness of companies.
Wilson is president and CEO of the Graduate Management Admission Council, which administers the Graduate Management Admission Exam (GMAT). Earlier he worked at Ernst & Young in a diversity of positions. He holds a Ph.D. in accounting.
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Bobbie Bicket, electric current possessor of the Country Bookshop, Southern Pines, N.C., plans to sell her business to the owners of a local paper, the Pilot. The sale is fix to close November 12.
"I've always said our job is to serve the community, and we practice that by putting out bully products," said David Woronoff, 1 of the Pilot's owners. "I tin can't imagine Southern Pines without the Country Bookshop. I read a story a while back nearly how the bookshop was really struggling and that it might not make information technology, and so we went out and bought information technology."
Although he acknowledges that the store "needs a little tender loving care... I feel like we can give it that. We very much want to shore upward that establishment. If nosotros devote the resources of the Airplane pilot, its website, the phone directory and PineStraw mag, we think the book shop tin exist successful."
"I am excited that the Country Bookshop will become part of the Pilot family," said Bicket. "It is certainly the centre of the downtown. It really has a life of its own."
Woronoff added: "We have a great literary tradition hither, and this volition add to that. This is a sign that we are truly committed to this community and that we will invest in it."
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On his Three Percent web log, Chad Postal service of Open Letter Printing responded to Dennis Loy Johnson and his announcement terminal calendar week that Melville Firm Publishing would no longer participate in the Best Translated Volume Award in the wake of a determination to allow Amazon to underwrite the prize for $25,000 (Shelf Awareness, Oct 29, 2010).
Post noted that "it's actually not possible for Melville Firm to 'withdraw from any hereafter interest' with the prize. We run the BTBAs like the National Book Critics Circle awards--publishers are encouraged to send eligible titles to the panelists, but panelists are as well our buying, reading, and evaluating books on their own. We do this for the aforementioned reason that we don't accuse a submission fee--and so that small-scale presses that may not have the resources and infrastructure of a Random House tin nonetheless be considered for the prize."
In improver, Post wrote that the BTB prize committee "will try and promote the crap out of these titles through contained bookstores. I worked for years in indie stores before getting into publishing and volition always have a soft spot in my heart for what they practise. I love the people in bookselling, the feeling of existence in a bookstore, of browsing, of overhearing bookish conversations, of getting a recommendation from someone who's more well-read than I am. Simply put, indie bookstores kicking ass. And equally was demonstrated with the now on hiatus Reading the World plan, and the number of judges on our panels, indie stores are great supporters of international literature, and nosotros (me, Open Letter, Three Pct, the BTBAs, society) would be lost without them."
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"The Old Bookseller," a vintage photograph from Paris in 1920, was featured by Crashingly Beautiful.
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Mystery Scene magazine profiled the award-winning Mystery Lovers Bookshop, Oakmont, Pa., and co-owners Mary Alice Gorman and Richard Goldman, who opened their store on Halloween in 1990 at a time when "there was but ane chain bookstore in the Pittsburgh area and Amazon was only a river."
"Richard calls it the 'blinding glimpse of the obvious' that we settled on a mystery bookstore," said Gorman. "It was like a lightbulb because that is what the two of u.s. read. Nosotros've ever read a lot of the same authors."
The couple recalled considering the possible sale of Mystery Lovers Bookshop about a decade ago, when they "put the store on the market then took a month-long cruise to South America. They returned energized and took the store off the marketplace."
"The response of the authors and readers at the Festival of Mystery that year warmed our hearts," said Gorman. "What nosotros discovered is that nosotros really had created a community, nigh a family [of authors and readers]. Every year the festival moves me and makes me realize that we have a far-flung community of folks who come [from many states]. We take more than than 40 writers who say they tin can't wait. We requite no awards; in that location are no speeches. It'due south only all fun and ends with pizza and beer."
Gorman likewise observed that "people want to read and they desire to read mysteries. August is one of our biggest months as people are choosing what to take on vacation. I had a client who was going through a difficult pregnancy. The physician prescribed Rex Stout. Mysteries are magical. Nosotros sell to readers, not collectors. And nosotros're having fun."
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Although our Seattle part has moved, review copies for Marilyn Dahl should proceed to exist sent to 1930 East. Lynn St., Seattle, Wash. 98112.
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Unusual political party of the day: Molly O'Neill, whose upcoming new cookbook is I Big Table: A Portrait of American Cooking (Simon & Schuster), is hosting a party and panel discussion this Thursday, 6:30-eight:30 p.one thousand., in the Great Hall on Ellis Isle in New York City. The program includes O'Neill's favorite recipes--she spent nearly a decade collecting xx,000 of them from around the state while hosting potluck dinners--prepared by Danny Meyer'south Matrimony Foursquare Events and paired with selections from the New York Times Wine Club. A panel word called Stirring the Melting Pot volition be moderated past the New York Times'south Sam Roberts and characteristic O'Neill, Calvin Trillin of the New Yorker, the Food Network's Aarti Sequeira, the Culinary Establish of America's Iliana de la Vega and federal judge George Chew.
The $130 prix fixe includes ferry ride, dinner, panel discussion and a copy of One Big Table. For more than data, go to nyharborparks.org/events/index.html or call 212-668-2321.
Obituary Note: John Olsson
John Olsson, founder of Olsson's Books & Records, which at one betoken had nine stores in and around Washington, D.C., died final Thursday. He opened the start Olsson's in 1972.
When Olsson'south last v stores closed in 2008, Olsson said: "Although information technology is certainly a sad day for u.s.a., I tin can rejoice in all the great memories of my life in retail in Washington. I began at Disbelieve Record Store on Connecticut Avenue in the autumn of 1958, and worked at that place until 1972 when I left to open my own record store at 1900 50 Street. Along the way books were added, more than locations, a couple chiliad employees, and many thousands of customers. It was exhilarating. Through it all, our best and brightest served Washington's best and brightest with love and distinction. I'm very proud of what we accomplished. My beloved and gratitude to all my employees, and special thank you to all those thousands of loyal customers."
Relatives and friends may call at the Collins Funeral Home, 500 Academy Blvd. West, Argent Spring, Doc., today 2-iv p.m. and 7-9 p.1000. Funeral service will exist held at St. Luke Lutheran Church, Silver Bound, tomorrow at 11 a.m. In lieu of flowers, memorial contributions may be made to the Leukemia and Lymphoma Society-Maryland Chapter, 11350 McCormick Route, Hunt Valley, Md. 21031.
Brave New Earth: Publishers, Agents Talk Well-nigh the Biz
Publishers and agents on the console Writing Matters outcome at Watchung Booksellers, Montclair, N.J., a week ago Friday--where the subject was Dauntless New Earth: Publishing a Book in 2010... and Beyond--agreed that the book business organisation is in "a neat fourth dimension of transition," as Reagan Arthur, publisher of Reagan Arthur Books at Little, Chocolate-brown, put it. "We're all feeling the shift dramatically."
And Aaron Talwar, publisher of Dark Declension Press, said: "The concern has come a long fashion in 10 years. A lot has to do with technology."
The youngest person on the panel, which was adeptly moderated by Jenny Milchman, Talwar continued, "My generation wants everything now and fast, which will dictate the kinds of books that come out in the future. Readers of the future volition be the people who text." Nevertheless, he sees an important role for publishers: "Nosotros accept an editorial await at a book. We get through the slush pile. Being published mean yous take gone through all this."
The technological changes take opened upwardly more opportunities for writers. As Janet Reid, an agent at FinePrint Literary Management, said, "There are avenues for writers to be published that are vast compared to before, when the only alternative to established houses were vanity presses. Now there are lots of ways to exist published." These changes help some difficult-to-place books, she said. "Some books have express utility to the vast market but have vast utility to narrow markets."
But the concept of beingness published has become fluid. "When people say they're published authors," Reid said, "I ask, 'Where?' "
One personal positive for Reid almost the growth of publishing venues is that when rejecting a submission, she takes "comfort in maxim no and knowing I'm not shutting downward a writer'due south career." All in all she said she finds the changes in the industry simultaneously "terrifying and fascinating."
Literary agent Joelle Delbourgo of Joelle Delbourgo Assembly illustrated how the changes take made her job so different from 15 or 20 years ago: "It's astonishing that I can run a global company from a laptop in Montclair," she said. "I eastward-mail a co-amanuensis in Nippon, and in v minutes, I go a response. Engineering science allows me to bring my books into as many formats and languages as possible." And technology now allows for straight conversations between authors, readers and publishers. "It'due south rich but information technology can be exhausting sometimes."
Delbourgo suggested that new technology won't sweep everything away. Her own digitally skilful 20-something son is not interested in her Kindle, and called the book "a technologically perfect thing."
And Amy Gash, senior editor at Algonquin, said there volition always be a place for contained booksellers, with whom Algonquin has strong ties and who create buzz for many of the publisher's titles. "Contained bookstores are where you can meet and connect," she said. (A indicate illustrated by the packed panel.)
At the same time, change is occurring, sometimes in surprising ways. Reagan Arthur said she saw a big modify in attitude while on vacation this summer with her extended family unit. Her aunt, to whom she has ofttimes sent books, had a new iPad that she loves. Arthur had been reading Innocent, Scott Turow's latest book, and when she was washed, offered it to her interested aunt. Instead of taking the free book that was handed to her, her aunt pressed a few keys and bought an e-volume version for her iPad.
Challenges
The battered economic system and technological change accept led "publishers to pull out their pilus," Delbourgo said. "They're more selective. They're ownership less. They're less liable to have risks." (Yet, she stressed, "boggling books are published every mean solar day. Fantastic books become through.")
In fact, after 25 years as an editor, Delbourgo decided to become an agent, because editors' jobs came to consist mainly of going to meetings while "and so much of what I loved well-nigh working with authors went to agents."
Book reviewing is going through a sea change. Reagan Arthur noted: "I feel very acutely this year the complete collapse of the review community." She cited several defunct gratis-standing paper volume review sections--and the only survivor of the bunch, the New York Times Book Review. Slowly replacing that are online reviewers, who in five or 10 years will be as "vibrant" as those in the print world.
Simply Janet Reid confessed that she never reads the New York Times Book Review and said "readers buy books based on what their friends say." She was supportive of online reviewing, noting that now "a hundred million people across the land are talking nearly books."
Amy Gash agreed with a statement that there are fewer writer tours paid for by publishers. More of that money is going to other means of promoting authors, such as video trailers, websites and video chats. "Some authors do book groups via Skype," she added.
Despite the turmoil in the industry, there are some constants, peculiarly concerning writers who want to have their work published, for whom panelists had some practical suggestions.
Janet Reid emphasized the importance of having a "compelling vox and compelling offset line" in whatsoever submission. Since her areas of involvement include mystery and criminal offence, this can mean that "if you set up someone on fire on folio 1 and do it well," she'll want to read more.
Amy Gash said she looked for a voice, "and information technology has to be original."
For her office, Joelle Delbourgo said, "If I don't similar the start judgement, I won't read the second." She brash writers to work hard on their manuscripts and query letters.
Delbourgo also provided some perspective on the current land of the volume world, quoting longtime editor Michael Korda, who observed that "every decade the industry believes it is the terminate of the volume and the end of publishing. But people are yet reading books."--John Mutter
Media Estrus: The Unbearable Lightness of Portia de Rossi
This morning on Good Morning America: Jessica Seinfeld, author of Double Delicious!: Good, Elementary Food for Busy, Complicated Lives (Morrow, $28.99, 9780061659331/0061659339).
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This morn on Imus in the Morning: Tony Hendra discusses George Carlin's Last Words: A Memoir (Costless Press, $26.99, 9781439172957/1439172951).
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Today on Oprah: Portia de Rossi, author of Unbearable Lightness: A Story of Loss and Gain (Atria, $25.99, 9781439177785/1439177783).
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Today on Tavis Smiley: Edwidge Danticat, author of Eight Days (Orchard Books, $17.99, 9780545278492/054527849X).
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Today on Access Hollywood: Rick Springfield, author of Late, Tardily at Night (Touchstone, $26, 9781439191156/1439191158).
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Tonight on the Colbert Report: Jonathan Alter, writer of The Hope: President Obama, Year One (Simon & Schuster, $28, 9781439101193/1439101191).
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Tomorrow morning time on Skilful Morn America: Rachael Ray, author of Rachael Ray'due south Look & Cook (Clarkson Potter, $24.99, 9780307590503/030759050X).
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Tomorrow forenoon on Regis and Kelly: Nigella Lawson, writer of Nigella Kitchen: Recipes from the Eye of the Home (Hyperion, $35, 9781401323950/1401323952). She will likewise appear tomorrow and Wed on the Today Show.
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Tomorrow on the Martha Stewart Show: Matt Lewis and Renato Poliafito, authors of Baked: New Frontiers in Blistering (Stewart, Tabori & Chang, $29.95, 9781584797210/1584797215).
Movies: Fair Game, William S. Burroughs
Fair Game, based on the autobiography by Valerie Plame (Simon & Schuster, $15, 9781416537625/1416537627), opens this Friday, November 5. Naomi Watts plays Plame, a CIA agent whose identity was leaked by Dick Cheney'southward chief of staff after her husband, Joe Wilson, played by Sean Penn, said that the White House falsified intelligence to justify the invasion of Republic of iraq.
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William Due south. Burroughs: A Man Within, directed by Yony Leyser, also opens November 5. Peter Weller narrates this documentary about the author of Naked Luncheon (Grove Press, $14, 9780802140180/0802140181).
London Boulevard Trailer
A new trailer for the film London Boulevard has been released. Adjusted from Ken Bruen's novel, the moving-picture show is directed by William Monahan, who wrote the Oscar-winning screenplay for The Departed. It opens in the U.K. next month and in the U.S. early on next year, Deadline.com reported.
Awards: Milky way Shortlists
Shortlists for the Galaxy National Book Awards were appear recently "with some of the nation's favorite writers pitted against each other in battles for the 'Oscars of the publishing industry,' " Book2Book reported, noting that the prizes "showcase the best of British publishing, jubilant books with wide pop appeal, disquisitional acclaim and commercial success." Category winners volition be named November 10 during "a star-studded awards ceremony, produced by Cactus Television," and then the public will vote online for the Galaxy Book of the Year, with the overall winner appear December xiii. You can view the detailed shortlists for each category at Lovereading.
IndieBound: Other Indie Favorites
From terminal week's Indie bestseller lists, available at IndieBound.org, here are the recommended titles, which are likewise Indie Side by side Smashing Reads:
Hardcover
A Curable Romantic past Joseph Skibell (Algonquin, $26.95, 9781565129290/1565129296). "Joseph Skibell is i of America's dandy unsung writers. His new novel, A Curable Romantic, is funny, dark, and profound. If there is justice in the world, it will win a major prize next yr. Skibell writes amazing prose that carries you like a dream through a complicated plot without e'er leaving you impatient. Fine literary tears will be cried."--Paul Ingram, Prairie Lights Books, Iowa City, Iowa.
My Thoughts Be Bloody: The Bitter Rivalry Between Edwin and John Wilkes Booth That Led to an American Tragedy by Nora Titone (Free Printing, $30, 9781416586050/1416586059). "My Thoughts Be Bloody offers a fresh and unique approach to the Lincoln assassination. Through a complete examination of the life of John Wilkes Booth and his intense rivalry with his more famous blood brother, Edwin, Nora Titone offers a apparent, compelling reply to the question of why John murdered Lincoln. Her writing is smart and lively, and the tale she relates is fascinating. Even seasoned Lincoln buffs volition find much that is new in this ambitious work."--Christopher Rose, Andover Bookstore, Andover, Mass.
Paperback
The Privileges past Jonathan Dee (Random House, $15, 9780812980790/0812980794). "This exceptionally well-written novel about a wealthy New York family induces shifting sympathies as information technology presents the reader with knotty ethical dilemmas. If you had limitless wealth, what would you do with it? And how do you brand life meaningful when you have everything?"--Molly Immature, Orinda Books, Orinda, Calif.
For Ages nine to 12
The Grimm Legacy past Polly Shulman (Putnam, $16.99, 9780399250965/0399250964). "Elizabeth'due south new after-school job at a lending library of artifacts turns magical when she's introduced to the Grimm Collection, magical objects from the Brothers Grimm tales. Among the shoes of the Twelve Dancing Princesses and the Mirror of Snow White'south evil stepmother, Elizabeth finds herself caught up in a mystery that could turn dangerous."--Meaghan Beasley, Island Bookstore, Kitty Militarist, Northward.C.
[Many thanks to IndieBound and the ABA!]
Source: https://www.shelf-awareness.com/theshelf/2010-11-01/notes_bea-ala_amicably_stay_separate_b_n_poison_pill_limits.html
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