Word: coverer
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Dates: during 1980-1989
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Less than four years ago, the publishing world gasped at the $5 million advance that William Morrow and Avon Books paid for hard-cover and soft-cover rights to James Clavell's Whirlwind. That record-breaking sum has since been equaled or topped repeatedly. Horror writer Stephen King was reportedly promised between $30 million and $40 million for his next four thrillers, to be published by Viking Penguin and New American Library. Simon & Schuster and Pocket Books shelled out $10.1 million for the next five novels from suspense writer Mary Higgins Clark. Warner Books paid Southern historical novelist Alexandra Ripley...
What has increased the publishing industry's appetite for fresh manuscripts is a steady, decade-long expansion in the market for hard-cover best sellers. With their combined 2,100 outlets, Waldenbooks and B. Dalton have created a vast distribution system for general-interest hardcovers. The Book Industry Study Group estimates that retailers sold 286 million such books last year, up 33% from 1983, while publishers' revenues from those volumes nearly doubled, to an estimated $2.2 billion...
...bidding wars are particularly challenging for the few remaining independent companies, most notably Houghton Mifflin and Farrar, Straus & Giroux. When longtime Farrar, Straus author Tom Wolfe scored a blockbuster in 1987-88 with his first novel, The Bonfire of the Vanities (hard-cover copies sold: 750,000), rival publishing houses were rumored to be making offers of $15 million or more for his next book. Farrar, Straus, which had total revenues of only about $30 million last year, managed to assemble a deal with paperback publisher Bantam Books that paid Wolfe an estimated $5 million to $7 million. Says Roger...
...notes how he once saw his own face--cut from the cover of a campus weekly newsmagazine--pasted on another student's bedroom wall, right beside fashion photographs from magazines like...
...looked at my vitae,most of my colleagues assume that I am a member ofthe faculty. I take care to disabuse them of thatif I discover that they made that mistake. I feelquite comfortable to speak out on any issue onwhich I feel well-grounded and in which myresponsibilities cover that scope. I try to becareful not to extend my reach where I'm notwelcome or where it's not really part of my rolebecause one can tend to do damage there. One ofthe things that I explored when I was looking atthis job was just what exactly is this...