Tuesday, March 10, 2009

It's like a recession, but not.

Author Audrey Niffenegger sold the rights to publish her next book for nearly five million dollars.


Congratulations are certainly in order for Ms. Niffenegger because didn't President Clinton only get a million for his memoir? Or maybe that was just the advance.

I'm glad nobody told Scribner about the recession going on and isn't listening to those who are portending doom and gloom for the publishing industry as a whole, but I do wonder if a move like this means that more midlist or unknown authors will the chance they need or if their numbers will become ever slimmer.

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