Tag Archives: Book-of-the-Month Club

Book View, November 2001

PEOPLE Layoffs are the order of the day, though mergers, not the economy, seem to be the main reason. DK has laid off about 25 people, with more to come. Meanwhile, the move down to Hudson Street has been postponed, apparently as a cost-savings measure. No word yet on Phyllis Grann’s plans, though Random House…Continue Reading

The Writing on China’s Great Wall

The free market’s last great territorial conquest, China remains a daunting and volatile arena for many book publishers in the West. This month Toby Eady, of the eponymous London-based literary agency, looks back on some of his Asian adventures and shares a few words of wisdom for those seeking Chinese fortunes. When I first visited…Continue Reading

Bertelsmann’s Direct Group Hits a Few Big Bumps on the Road to Worldwide Synergy

ORIGINALLY PUBLISHED AT INSIDE.COM (4/23/01) You can’t blame Thomas Middelhoff for trying. The chief executive of German media behemoth Bertelsmann — doted on in the business pages as a Visor-toting visionary dragging an ossified corporate empire out of the Westphalian mist — has upped the ante for global synergizing in one of his company’s most…Continue Reading

Book Clubs: Forgotten But Not Dead

ORIGINALLY PUBLISHED AT INSIDE.COM (12/6/00) When Stephen King pulled the plug last week on his online serial story The Plant, citing a dwindling base of readers willing to pony up a buck for the latest installment, pundits rushed to declare electronic self-publishing dead on arrival. But many of them failed to notice that King’s supposed…Continue Reading

Bertelsmann’s Ventures

Random House Parent Wages Global E-Commerce Turf War There is a special place on Thomas Middelhoff’s atlas of corporate geography that he likes to call “Bertelsmann Valley.” You might think of it as Silicon Valley stretched to a global scale and populated with scenic villages of dot-com shops, a few stray Holstein cows, and a…Continue Reading