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This Business of Publishing by Richard Curtis

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7

Journey to a Small Publisher

 

THE FATES OF INDEPENDENT PUBlLISHERS in the post—World War II era resemble in their majestic inevitability the scenarios of Sophoclean tragedies. An established company, discovering that it can no longer compete for commercially successful authors, seeks merger with or acquisition by larger and better financed companies. The management of the smaller company flatters itself that the new owners covet the vision, intelligence, and good taste that are the company's hallmarks. To their dismay, they discover that the only thing their new bosses wanted was the file cabinet containing their contracts with authors: in other words, their backlist. In due time, their firm is reduced to an imprint of the parent company, ...

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