Word: reprinting
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...fund new ventures and enrich writers' wallets. But Fat City is rapidly becoming as legendary as the Land of Oz. According to New York Publishing Consultant Leonard Shatzkin, author of the forthcoming analysis of U.S. publishing, In Cold Type, the times get leaner by the month: 1977 paperback-reprint rights, for example, "contributed approximately 60% of total subsidiary-rights income to publishers. That went down to 37% in 1980. I see it going down close to 0% in the next few years...
...from 110 titles in 1970 to 70 books this year. Says Jovanovich: "Nobody used to make money on first-time authors, but we considered that part of our business. Now, we can't do that." Even established writers are affected. Simon & Schuster, for instance, now retains the foreign-reprint rights-traditionally a low-register gift to the author-on 75% of its contracts. Not every writer is applying for food stamps, of course. John Irving's Hotel New Hampshire brought $2.25 million; Albert Goldman's Elvis nailed down $1 million, and Mario Puzo sold a "prequel...
...also chosen to reprint the guide to political rhetoric that appeared in the first Almanac, and his translations of "that strange tongue, Politigabble," remain as funny as ever. Among Baker's translations...
...leaflet is a reprint of a November 23 letter to The Crimson from Spartacus Youth League member Alden Cavanagh. In the letter Cavanagh calls Yun "the spearhead of a provocative attempt to bring the [Harvard student] demonstration inside," and the leaflet includes a photograph of Yun holding a sign that criticizes the Spartacists...
...Sept. 30 publication of The Hotel New Hampshire (E.P. Button; $15.50), Irving's fifth novel. Though the first edition numbers 175,000 copies, Button has already ordered a second printing of 100,000. Pocket Books, which sold more than 3 million paperback Garps, has paid $2.3 million for reprint rights to Hotel...