On the afternoon of August 10th, in the E. Barrett Prettyman federal courthouse, the Department of Justice trial to block Penguin Random House from acquiring Simon & Schuster had hit a midweek lull. The courtroom itself-as well as the overflow room, where journalists were permitted Internet access-was a few booksellers shy of crowded. But the first witness for the defense, the mega-agent Jennifer Rudolph Walsh, was intensely present, and seemed thrilled to be testifying. (Penguin Random House was paying her a quarter of a million dollars.) In a rippling cream-colored blouse and gold jewelry, her hair loose around her shoulders, Walsh painted a picture of publishing as a labor of love. Agents, she said, are in the business of fairy-tale matches between author and editor-mind meldings that span decades, shape careers, and win prizes. Walsh even had a magic wand, she added, that was given to her by the novelist Sue Monk Kidd. When the judge Florence Y. Pan asked if agents had a fiduciary duty to secure their writers the highest possible advances, Walsh responded in the negative. "More isn't always more," she said. "We're not always looking to take every single dollar out of an editor's pocket."
Is Publishing About Art or Commerce? | The New Yorker
22 August 2022
Tags in Links Topics
Amazon
Authors
Bestselling authors
Book sales
Children's authors
Children's books
Children's publishing
Crime-writing
Crime fiction
Crime writer
e-books
Indie authors
Poems
Poetry
Poets
Prizes
Publishers
Publishing
Publishing houses
Publishing industry
Publishing world
Readers
Reading
Self-published writers
Self-publishers
Self-publishing
Writers
Writers' careers
Writers' craft
Writers' stories
Writing
Writing habits