Quote:
Originally Posted by fjtorres
Perseus is owned by Hachette.
https://mobile.nytimes.com/2016/03/0...eus-books.html
Most of the BPHs own dozens of not hundreds of imprints that used to be separate and independent publishing houses. Those imprints do not bid for manuscripts independently. Rather, only one imprint in each BPH bids do where once an author had hundreds of potential landing sites for their book they now have 5 and maybe a few smaller ones.
And that is assuming their agent doesn't steer the manuscript at a bargain price to a publisher they have close ties to.
It's hard to be more monolithic than that but they do keep trying.
The latest trick is refusing to deal at all unless the price includes all rights, foreign, domestic, sufio, and even movie. Of course, the offered price is the same as domestic print-only deals of a few years back.
BPH vetting comes at a steep price to both consumers and authors. And it keeps on getting steeper. |
It is now, but wasn't when Duncan signed his contract. Doesn't take away from the main point that there are many, many small publishing companies that are still out there. It is the nature of business in general that companies start up, get bought or go out of business all the time. It's no where near as monolithic as you portray it.