Word: houghtons
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...Houghton Mifflin...
...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...
Publishing has long since lost the gentlemanly style it had in the days when Andrew's father, the late Craig Wylie, was a senior editor for Houghton Mifflin. The young Wylie's transgression is that he disobeys the few rules that are left. He rustles writers from other agents, which he admits, noting, "This is not Texas ranching; these are not cattle with a brand." He has been accused of representing authors before they know it. "That's a lie," he says. And when it comes to negotiating, he's slippery: "Sometimes I make it up as I go along...
...before heading off to Houghton Library to view Leon Trotsky's original papers (the Soviets seemed shocked that Harvard owned them and several times asked Goldman if the University would consider selling them to the USSR), Shalnev briefly returned to the question of Gorbachev's fate...
...What excites me about Houghton Library is that it matches my interests so closely," Wendorf added. "I have a keen interest in all parts of this fantastic institution...