With trademark candor, Macmillan ceo John Sargent’s year-end letter to authors, illustrators and agents presents more than the usual amount of updates. Counteracting any year-end punditry, Sargent says they “have completed the court-ordered mediation process with the DOJ without any progress toward settlement” and will proceed to trial. He held his letter after Penguin’s settlement was filed yesterday, but :after some long thought, I’m sending you the letter I wrote unchanged. That is because our position has not changed.” Sargent forsees another suit coming, saying that “now even our friends in Canada are taking a look,” and clarifies that their […]
