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Posts Tagged ‘Edward Nawotka’

Publishing Perspectives Launches Children’s Publishing Newsletter

Publishing Perspectives, the online industry news journal, has launched its first newsletter focused on children’s publishing.

This newsletter will offer readers news and interesting stories from the world of children’s publishing. Wilkins Farago publisher Andrew Wilkins wrote the first story in the children’s newsletter.

Editor-in-chief Edward Nawotka had this statement in the release: “Worldwide, publishers of children’s and young adult books are among the most innovative and visionary in the book business…With so many wonderful stories coming out of the international children’s book community and we wanted to take the opportunity of highlighting them for our global readers.”

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Publishing Perspectives’ Edward Nawotka: ‘Digital Publishing Is Less of a Sinkhole, More of a Portal’

We recently launched a new video series with the Movable Type Literary Group. Entitled “The Book Futurists,” the series will feature interviews with ten digital publishing pros.

The second interview is embedded above, a conversation with Publishing Perspectives editor-in-chief,  Edward Nawotka.

Here’s more from eBookNewser: “His objective is to be original and to cover the global market. This includes covering the digital publishing explosion, which the U.S. market is leading. Nawotka says that digital publishing is less of a sinkhole and more of a portal. He thinks that print books will never go away, they will just be expanded by digital options.”

Literary Scout Confidential

oie_pplogo23.JPGMost readers don’t know about the literary scouts running around the publishing industry–the literary consultants who keep track of the year’s big books and report book deal intelligence to publishers.

Over at Publishing Perspectives retired literary scout Emily Williams reveals how she monitored “the pulse of the book world” for big publishers, dispelling some of the mystery surrounding her former profession. On Wednesday, Publishing Perspectives editor Edward Nawotka will visit the Morning Media Menu to talk about literary scouts and global publishing.

Here’s more from the article: “Good scouting is being perpetually open to the idea that the next big book could come from anywhere at any moment. There are some predictable patterns–the fall blockbuster season, the build-up of interesting projects before book fairs–but most books are scouted through a half-methodical, half-haphazard trolling of each scout’s network, week-in and week-out. This network ideally consists of a number of well placed editors who receive the best submissions in each genre, as well as cordial relations with the agents, who may go so far as to give a friendly scout a heads up if they’re sending out a manuscript they’re excited about.”

Robert Barnett’s Multimillion Dollar Advance Touch

Bloomberg’s Edward Nawotka finally uncovers some answers to questions I’ve wanted to ask for ages: how exactly does Robert Barnett earn his living from the megawatt authors, politicians and celebrities he represents? Not by standard agency commission, that’s for sure, because even though Barnett, a partner at the DC firm Williams & Connolly, functions on behalf of his book clients much as an agent does — negotiating contracts, assisting with the editing process, refereeing between writer and publisher — he firmly rejects the term.

“I’m a lawyer and proud of it,” he told Nawotka. “I bill my clients an hourly rate; I don’t agree with taking a percentage for someone’s creative output.” (An agent typically takes a 15% to 20% commission as payment.) At $900 an hour, Barnett’s attention doesn’t come cheap. But when it’s a question of a multimillion-dollar contract, Barnett’s hourly rate can offer a client a massive savings over an agent’s commission. In an example Barnett cited, he billed a client $150,000 for negotiating a $3-million book contract — a substantial discount from the $450,000 to $600,000 an agent would customarily charge. Discounts for authors – but not for publishers. Knopf Publisher and President Sonny Mehta said to Nawotka that the upside of working with Barnett “is that when he calls about a client, it’s always someone you will want to take a meeting with. The downside is that he’s an expert on valuation, and as such I can never quite negotiate the deal I’d like.” An understatement to say the least…

Now You Can Spend Your Offshore Account Money At A Bookstore

PW Daily’s Edward Nawotka broke the news Friday that Books & Books, Mitchell Kaplan‘s Miami bookstore minichain, is opening a fourth location, this one in the Cayman Islands. The new 5,000 sq. ft. store is part of Camana Bay, an upscale retail and housing development on Grand Cayman, and a joint venture with the local developer, Dart Realty. The store is scheduled to open in the first weekend of November, just a few weeks after Books & Books celebrates its 25th anniversary.

Kaplan said he was initially approached by Dart Realty executive v-p Jackie Doak, who was been a regular customer of Books & Books in Miami. “She invited me down, I visited the site, and committed,” said Kaplan. In a press release, Doak said, “We are particularly excited to be included on their literary event circuit, which we hope will bring authors from all around the world to Cayman.” So far, said Kaplan, publishers and writers, “have been very receptive” to the idea of extending their book tours to the Caribbean. Which might be the understatement of the week, to be sure…