Publishers Weekly: “In what is likely one of the last sales of note in the AMS bankruptcy proceedings, the distributor and the Perseus Books Group…
If you want to continue to see independent presses thriving, do help out Soft Skull and McSweeney’s. Both presses have reduced the prices of their…
The Counterpoint news was just the tip of the iceberg. Publishers Weekly’s Jim Milliot reports: “As part of its integration of the Avalon Publishing Group,…
I had planned to report on today’s bankruptcy hearing, even though I am now writing this post from an airport. But it appears that the…
We’re now less than a week away from the February 12 bankruptcy hearing. But this morning, PW reporter Jim Milliot revealed that one of the…
This morning, Jim Milliot reports that Perseus has received signed agreements from “more than 10″ ex-PGW publishers. Presumably, this is the 70 cents on the…
A former Perseus employee has emailed me, observing the following: Perseus is more concerned with the distribution end of the business rather than the publishing…
More info on the Perseus-PGW offer: “Perseus CEO David Steinberger said that the company’s standard offer will be 70%, and that the only exceptions will…
At Galleycat, Sarah has enlisted the help of Scrivener’s Error author C.E. Petit to explain what the possible Perseus deal means. Petit compares the speculative…
Publishers Weekly: “The Perseus Books Group made it official this morning, announcing that it had made an offer to acquire “substantially” all of the distribution…
Ron Hogan reports one hilarious development of the Penguin lawsuit against Zak Smith’s Picture Showing What Happened on Each Page of Thomas Pynchon’s Novel Gravity’s…
The big stories from Publishers Weekly today, closely related to the AMS bankruptcy, is Perseus’s surprise purchase of Avalon. Avalon was PGW’s largest client and…
As Galleycat reported this morning, reporter Peg Brickley has noted the following: On Monday, AMS is now seeking the Delaware Bankruptcy Court’s permission to sell…
Another roundup from Galleycat, including this statement (PDF) issued yesterday by PGW President Rich Freese. Freese asserts that the publishers are the owners of the…
There’s continuing coverage at Galleycat, with additional commentary from Sarah, as well as the effects of AMS’s bankruptcy on Quarto, a publisher that has suffered…
Here are the most recent developments: Some folks have a sense of humor about PGW. Violet Blue has offered her thoughts on the meltdown, noting…
The Gray Lady finally gets on the case, with reporter Julie Bosman speaking to an unnamed publishing executive. “The publishers are going to end up…
The official press release from AMS. The Seattlest’s Jeremy Barker focuses on the effect on Seattle presses. Matt Wagner suggests that consolidation may not be…
As Sarah has reported this morning, about 150 independent publishers are in financial trouble. Just before everybody popped open their bottles of champagne, Advanced Marketing…