Outgoing Publishers Association president Hudson of Random House UK spoke to the Book Industry Conference about “some of the key current concerns from a trade publisher’s perspective” and urged that publishers “address them together.” “The first and perhaps greatest current concern of trade publishers is the credit-worthiness of their customers.” The second is that “many small and medium sized trade publishers are themselves having to manage their own cash flow very carefully…. Indeed, some publishers I’ve talked to tell me that their ability to deliver their autumn publishing programs is being limited by the credit crunch and their difficulty in […]
