Word: morrows
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...work and humping freight on loading docks, but without graduating far beyond the minimum wage. So to nurse his bank account and a romantic ambition, Heath pulled out his typewriter and tapped out a novel based on his days as a helicopter pilot in Viet Nam. In March William Morrow and Avon Books paid Heath $300,000 for his novel, CW2 (after his former military rank, chief warrant officer, second grade). "Beats the brick business," says Heath. "But then, anything beats the brick business...
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...
...deliver blockbusters is limited, literary agents have amassed unprecedented clout. One of the most powerful is Manhattan's Morton Janklow, whose literary agency represents such hugely commercial writers as Sidney Sheldon and Jackie Collins. Janklow boasts that since 1981, when the Hearst Corp. bought the publishing house of William Morrow for $25 million, he has closed three deals with individual authors that were each in excess of that amount. Naturally, the agents are fanning the bidding frenzy. Says Evans: "It used to be you would see if there was substance to a book. Now if you say, 'I'd like...
...GOOD TIMES by Russell Baker (Morrow; $19.95). What propelled Baker from the childhood he so memorably described in Growing Up (1982) to his present distinction as a columnist for the New York Times? Here is the answer, in a winsome memoir of early newspapering days, including big-league stints in London and Washington...
SUMMER OF '49 by David Halberstam (Morrow; $21.95). A quirky and informal account of the American League pennant race between the Red Sox and the Yankees deepens into a nostalgic memoir of a vanishing era, when people listened to the radio, traveled by train and went around the corner to see a movie...