STATUS: It’s raining like crazy in NYC right now.
What’s playing on the iPod right now? CRUEL TO BE KIND by Letters To Cleo
It might be completely odd to be writing about Hollywood while I’m out here in New York but tonight we did a little Maui Writers Conference reunion at D’Or. Hollywood producer Michael Palmieri was in town and so gathered a bunch of us who connected while out in Hawaii.
It was a small group that also included Jeff Kleinman, Folio; Marcia Markland, Thomas Dunne Books; Robert Guinsler, Sterling Lord Literistic; and Neil Nyren, Putnam.
What did we talk about?
1. Depressing news from Hollywood that Studios were closing their Indie branches and laying people off. Yuck. Studios are only focused on family films (four quadrant target and yada, yada). Sigh. Also, studios are choosing to make known series (think Desperate Housewives) in local markets with local actors rather than footing the cost to export. This makes a huge difference in earned residuals here in the states.
2. Penguin group is celebrating a record number of bestsellers (38!) and thrilled about the success of HBO’s TRUE BLOOD and Charlaine Harris’s books all landing on the bestseller lists. It helps all the departments when there is big stuff like that going on.
3. Accounts are cutting back their orders across the board. Something like 10% down over last year. Borders significantly (even though they’ve promised to reorder in the near future but who knows if that will happen). Orders are down even for the big name sellers. (Yes, such depressing news makes it that much harder to sell a debut.)
4. Newspaper reviews are disappearing faster than you can say boo and that’s really going to hurt those wonderful literary projects that need the review-attention to really gain momentum. Yes, there are online blogs and review sites but ultimately, they haven’t proven to carry the same weight.
5. Sales of perennial nonfiction projects (history, narrative nonfiction with known journalists) are still selling well. (And as an aside, a lot of editors this week have mentioned that they are still looking for that good memoir—in the adult and children’s world—which was surprising.)
6. Flip flops are not good footwear in New York City (don’t ask, we got sidetracked!)