Global economic meltdown wah? Sure, there’s some indication the publishing industry, like every other industry in America, is going to take a hit with the world’s economy going down the toilet. Then how to explain this bit of news?
According to the NY Observer, sources report that bidding for Sarah Silverman’s upcoming book has broken the $2.5 million mark. In that same eye-popping piece, other sources speculate that Jerry Seinfeld’s new book proposal has garnered bids of $7 to $8 million. Both comedians are clients at Trident Media Group.
As the Observer notes, somebody got some splainin’ to do.
Tags: books, publishing
Contracts like this are OK by me – they weaken the big firms enough to prevent them from buying the surviving smaller presses.
laughinhg all the way to the bank- i suppose!!!