November 24, 2004

News & Opinion: Book News

By: Dylan Schleicher @ 11:47 PM – Filed under: Publishing Industry

There were a couple interesting things I ran across about the book world over this week:

"Book publising has become a lotto game.

Chances of a huge success are minuscule in the ballooning pool of titles- Cambridge Information Group Inc.'s R.R. Bowker estimates that 175,000 new titles were published in 2003, a 19% gain from the prior year. Meanwhile, people are reading less, recent studies suggest." -WSJ 11/22/04 R4


Paradies Shops, one of the nations largest airport booksellers, will buy back books from customers for half price. Here is a description from today's WSJ (11/24/04, D1, sub. needed):
A customer walks into a Paradies store, such as the CNBC newsstand at the international airport in Milwaukee, and buys "My Life'' by former President Bill Clinton for the full retail price of $35. The cashier staples the receipt to the dust jacket or attaches it with a piece of Scotch tape. The customer also gets a bookmark that lists the airports nationwide where Paradies does business. Providing the traveler holds on to that receipt, he can return "My Life" within six months (whatever its condition) and get $17.50 back. The retailer then resells the book -- unless it has sustained too much damage -- as a used book for $17.50.

About Dylan Schleicher

Dylan Schleicher has been a part of the 800-CEO-READ claque since 2003. Even though he's stayed on at the company, he has not stayed put. After beginning in shipping & receiving, he joined customer service and accounting before moving into his current, highly elliptical orbit of duties overseeing the ChangeThis and In the Books websites, the company's annual review of books and in-house design. He lives with his wife and two children in the Washington Heights neighborhood on Milwaukee's West Side.