“Ann Godoff, one of the most influential publishers in the book industry, was forced out yesterday as president of the Random House Trade Group. Her division, home to authors like Salman Rushdie, E. L. Doctorow and William Styron, was merged with an imprint better known for mass market paperback editions of thrillers, romances and science fiction.” – New York Times, Jan. 17.
The TeleRead take: What’s interesting is that Random House is owned by Bertelsmann, perhaps the classiest of the publishing conglomerates. Imagine what is happening elsewhere in the book-publishing industry. Time for a better business model?
