STATUS: 16 days until the agency officially closes for the holidays.
What’s playing on the iPod right now? A HOLLY JOLLY CHRISTMAS by Burl Ives
News Flash: It just hit the wires that Ann Patty has been fired from HMH. Whoa! And S&S just announced lay-offs. Not clear who was let go in editorial quite yet…
In case you aren’t plugged in to Publishers Marketplace (and if you aren’t, why not?), there have been several new reports regarding the Houghton Mifflin Harcourt announced freeze.
First off, HMH publisher Rebecca Saletan resigned. I can’t really tell you what that means. There’s lots of speculation on what it means but that’s all it is, speculation.
Then today I read an AP article (highlighted in PM) which reported a lessoning stance on the “freeze.”
From the report: “HMH spokesman Rosenfeld has called the current policy “freeze-lite,” … Rosenfeld confirmed that education and children’s books are still being acquired, did not dispute Penzler’s assertions and added that the “right” book, of any kind, would still be considered. He said talk of a freeze had been taken out of context.”
Rosenfeld continued with: “A headline about a freeze is very appealing, but in reality all we’re doing is taking a good, hard look at everything that comes in, much the way this company is watching all expenses and expenditures,” he said. “It’s just a higher degree of scrutiny.” Link to full article.
So the freeze isn’t really a freeze? Agents should be happily submitting to the adult division of HMH? I’m feeling the confidence….
Let me take another sip of my eggnog chai. It helps.