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The Sky Is Falling

September 14, 2008
By Michael Cader

It’s changing times in the book business for sure, but NY Magazine applies the cliched journalistic formula to make that into End Times. Random House’s new ceo may be more business-focused and energetic. Borders is in trouble. Books sold to stores are nonreturnable, and sometimes publishers have to pay display fees, the same way every other manufacturer deals with retailers. A prominent author left his old publisher after decades of support to get more money somewhere else after his sales flagged. The tooth fairy may be apocryphal. The timing of this achingly long list of moans and whines that proclaim […]

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