Weathering the Storm: Business as Usual at Random Penguin
Despite the big merger announcement earlier this week between Penguin and Random House, its business as usual at the two publishing houses when it comes to dealing with authors and agents, writes Publishers Weekly.
Beyond agents and authors, the companies will remain competitors until the deal closes, Random House CEO Markus Dohle wrote in a letter.
Business as usual will have to wait until after hurricane Sandy passes, however. Word is that Penguin is closed through at least the rest of today and Random House is open but a fallen crane is wreaking havoc in the area around the offices in midtown New York.
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The rest of the day’s top news:
Holding Down the Fort (Galley Cat)
The story of how one Brooklyn author had to literally hold the roof down to survive hurricane Sandy.
Getting Bookish (PW)
Once you’ve bought non-perishable foods and candles and downloaded some new titles onto your favorite e-reading device, it’s time to wait out the storm. Here are some bookish ways to do so.
CourseSmart E-Textbook Subscription Service (DBW)
If subscription services can work for consumers and trade e-books, then why not for college students and e-textbooks? CourseSmart is taking on the challenge.
Open Source Textbook Infographic (DBW)
According to a new infographic, open-source textbooks would save students about 80% on their textbook bill, which is an average of $1,000 a year.
Vancouver Publisher Going Bankrupt (Vancouver Sun)
Vancouver-based D&M Publisher will attempt to restructure $6 million in debt.
Kobo Launches in South Africa (DBW)
A partnership with South Africa’s Pick n Pay retail store chain has put Kobo devices on shelves in the country.
Self-Published Book Prize (Pub Perspectives)
In Germany, a prize exclusively for self-published works evolves.
B&N’s Legal Trouble (Pub Lunch)
Barnes & Noble is being sued for a security breach that saw dozens of stores and customer credit card information compromised. In unrelated B&N news, its new line of devices will start shipping to consumers over the next week.