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Posts Tagged ‘Amazon’

Proper Care and Marketing of Meg Gardiner

Thanks to Stephen King‘s lavish praise, both on his website and on the back page of the February 16 issue of Entertainment Weekly, it’s pretty damn difficult to find a copy of any of Meg Gardiner‘s books – which, of course, have to be imported from the UK or Canada. And so the buzz is building, and her agent, Jonny Pegg at Curtis Brown UK, told Publishers Lunch that “some ten publishers are in the frame — we should have news by end of next week or some time in the following week.” With Britt Carlson of Gelfman Schneider handling subrights, no doubt some serious money (of the seven-figure variety) could be thrown around.

But remember Ron McLarty? He was the last unpublished beneficiary of King’s lavish praise, and while THE MEMORY OF RUNNING got him the obligatory mega-deal and did all right, the followup, THE TRAVELER, came out “with the same fanfare as a pillow fart,” as one publishing insider commented to us. And since I’d like to see Gardiner really get her American due (as a fan of CHINA LAKE who promised herself ages ago to read the rest of the series, but hadn’t gotten around to it) here are a few points to consider for any publisher making the deal:

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Oprah’s Next Book Club Pick Slated for January 26

And already, Amazon has the unnamed book on order in a variety of formats – paperback, hardcover, audio and large print. No word on what the book is, although HarperCollins must be over the moon to have that instant sales burst as well as any opportunity to distract the publishing world from all things O.J. Simpson. And perhaps the hardcover edition may be a clue that the book is a fairly recent release – or perhaps Amazon is merely hedging its bets in all available formats…

Further AMS Bankruptcy Updates

The New York Times finally picks up the Advanced Marketing Services bankruptcy story (what took so long?) and provides an overview of why this is big news in the publishing industry. “This is a huge disruption in this business,” said a publishing executive to Julie Bosman, who declined to be further identified because he was not authorized to speak for his company. “The publishers are going to end up taking a big loss.”

But Shelf Awareness reports some good news on the PGW front. Yesterday the distributor indicated that key accounts, including Amazon, Ingram, Barnes & Noble, Baker & Taylor , Bookazine, Books-A-Million, Borders, Costco and “myriad indies,” have expressed their support and will “treat their ordering and return patterns as business as usual.” In addition, PGW president Rich Freese wrote to publishers saying that the AMS bankruptcy court had approved payments to publishers for books that shipped or will ship on or after December 29. Checks for gross sales for the first week after December 29 should go out next Monday. PGW will send checks on a weekly basis for the time being.

The biggest irony of the AMS bankruptcy? PGW had a great 2006 as ynit sales rose 3% to 11.2 million, gross sales grew 2.2% to $187.3 million, net sales were up 5.5% to $138.6 million, and returns dropped 6.1% to slightly under 26%. “Last Thursday, PGW was having its best year ever. Now it’s teetering on the edge,” said one disbelieving publisher.

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