Pub Rants

Category: Agents/Agenting

Let There Be Light

STATUS: Working very late to finish up a contract.

What’s playing on the iPod right now? LINUS & LUCY by Vince Guaraldi Trio

Firings at HMH. Layoffs at Simon & Schuster yesterday, layoffs at Scholastic a month or so ago, huge structural changes at Random House announced yesterday, HarperCollins delaying pay raises until next summer, and Macmillan CEO outlining that not everyone might have a job going forward

And yet, Michael Cader at Publishers Marketplace had this to say:

“Meanwhile, despite all the attention for the books HMH isn’t buying, our deal reports continue to show steady activity in the marketplace. (Over 90 deals in the past three days; 700 reports since November 1; 1375 since October 1.”

I like that ray of light!

When A Freeze Is Not Really A Freeze?

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.

One That Got Away

STATUS: One of my clients sent us holiday cupcakes today. Yummy in my tummy.

What’s playing on the iPod right now? WHITE CHRISTMAS by Perry Como

Pretty soon we’ll be compiling our year-end statistics. For good or for bad! And tonight I was reading a review for a novel that I had wanted to represent but alas, the author went with a different agent. I’m sensing a theme in my blog entries here…

So I’m reading the review and I have to say, it’s brilliant. It outlined pretty much all the reasons why I had loved that manuscript. Ack. What a bummer to not be representing that author. But hey, at least I had been in the game. I’m not always going to win when up against several other agents. That’s just the way of the agenting biz. I’m glad to see the world agrees with me regarding the novel but of course I’m reading the review with regret.

Can’t be helped but still…

One of my clients is with the editor who was the underbidder for Harry Potter. That puts it into perspective I think!

And just a couple of weeks ago, I met with an editor who was the underbidder for The Story of Edgar Sawtelle.

Okay, I’m feeling slightly better because hey, it happens. Only slightly though.

Perfect Timing

STATUS: Starbuck’s eggnog Chai is back! This is a dangerous thing.

What’s playing on the iPod right now? ALL I WANT FOR CHRISTMAS IS YOU by Mariah Carey

Today I was reading Deal Lunch (a daily email from Publishers Marketplace that lists announced deals) and I noticed a sale for a manuscript that I had passed on earlier in the year and I bet that blog readers wonder how that makes an agent feel. Do we instantly regret the lost sale that we passed on?

To be honest, I have to say it really just depends on how we felt when we read those sample pages.

For example, for the deal I saw today, I simply looked up my notes on the manuscript and I had written a specific message to the author outlining how I saw the talent in the manuscript but felt like it was just over the top for my taste but that I could really see another agent digging it.

Guess what? I was right. Another agent did dig it and found the right home for the author. In this instance, I only felt pleasure for the writer as the deal posting wasn’t a surprise to me.

But that’s not always the case. In fact, just this summer I was swamped and we received sample pages from an author who was looking for an agent after selling the first book on her own.

I read the sample pages and thought the writing was really good but I had reservations on the story line. I kept vacillating on whether I had time to read a full when I had a niggling doubt. I finally decided that I was just too swamped at that moment to ask for a full. A month or so later, I kept thinking about the samples pages and I knew that I was probably going to regret passing. Sure enough…

Several months later, I heard that an agent friend had signed the writer and had just closed a six figure deal. Yep, there was some regret there (although I was also really delighted for my agent friend because she really is the crème de la crème and I love seeing her succeed). We went to dinner and toasted her obvious good taste.

Being snowed under is never a good reason to pass on manuscript but sometimes, that’s the literal truth which brings me to the point of this blog entry. In publishing, landing an agent or selling a project is sometimes about timing. I know. It sucks to hear that.

My dad used to say that to me when talking about love and finding that perfect partner. I just rolled my eyes but darn, he was right. When the timing in my life was right, I did indeed meet my husband. I’m not sure I would have “seen” the great person he is at an earlier point in my life. The timing had to be right.

Sometimes the same is true about publishing. The right project with the right agent/editor at the right time.

The HMH Hold Is Not For Children

STATUS: Happy Turkey Day! I’m out for the rest of the week so back to blogging on Dec. 1.

What’s playing on the iPod right now? GETTING BETTER by The Beatles
(Seriously, this is what is playing currently at the moment…)

As to yesterday’s news….

This morning, I did get a chance to talk to an Editorial Director at Houghton Mifflin Harcourt Children’s.

She mentioned that the hold did not apply to the children’s division and that she had acquired something just yesterday.

So a little good news on that subject.

As for the hold in the adult realm and how long it will last, I have not uncovered any new information beyond the rumors flying around. If I do discover info from a reliable source, I’ll pass along.

Have a great holiday and see you back here on Monday.

A Hold On Acquisitions

STATUS: Harbinger of bad news I’m afraid.

What’s playing on the iPod right now? O HOLY NIGHT by Paul Potts
(I haven’t transferred the holiday music to the iPod yet but this one was still on there from last December.)

Ack! Computers. I can deal with it. Ack! Publishers. I don’t want to deal with this. This just off the news wires folks. This is the first time I’ve seen this. Now, granted, I’ve only been in publishing for the last 7 years so really, just a baby amount of time, but I’m talking with some agent friends who have been around for a lot longer and it’s the first time they’ve seen this as well.

This might be an interesting ride over the next 6 months…

From Publishers Weekly
Article by Rachel Deahl

[excerpt]It’s been clear for months that it will be a not-so-merry holiday season for publishers, but at least one house has gone so far as to halt acquisitions. PW has learned that Houghton Mifflin Harcourt has asked its editors to stop buying books.

Josef Blumenfeld, v-p of communications for HMH, confirmed that the publisher has “temporarily stopped acquiring manuscripts.” The directive was given verbally to a handful of executives and, according to Blumenfeld, is “not a permanent change.” Blumenfeld, who hedged on when the ban might be lifted, said that the right project could still go in front of the editorial review board. He maintained that the decision is less about taking drastic measures than conducting good business.

Here’s the link to the full article.

Still Room For The Debut

STATUS: Ack! A radio station in Denver is playing Holiday music 24/7. It’s not even Thanksgiving folks! That’s just wrong.

What’s playing on the iPod right now? ANNIE’S SONG by John Denver

So tonight, I had great intentions of going through my notes and highlighting all the other bits of information about what editors are looking for.

Guess where I left my notes? At the office. Guess where I’m sitting right now? In my living room at home. Yep, just another moment of brilliance….

But this I can say without any notes. Every editor I talked to this past week (and I was at all the major houses) spotlighted a debut author on their 2009 list. All these editors were excited about these new authors and I don’t think that sentiment has disappeared.

Every person I know in publishing lives for that moment when we dive into a requested full manuscript and we realize we are reading something special.

In fact, despite account orders being generally down across the board, I have a debut author launching in 2009 and orders were actually up from the projections for that title.

So I wouldn’t spend time lamenting the current condition of the publishing industry (although there is a lot of grim news).

I would be concentrating on writing the best freaking novel you are capable of writing because lots of debuts astound the market. Just ask David Wroblewski.

Maui Reunion

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!)

Words of Wisdom From Julie The Intern (Part II)

STATUS: I’m off to New York next week so it’s been a little hectic getting prepared for all my meetings.

What’s playing on the iPod right now? TALKING ‘BOUT A REVOLUTION by Tracy Chapman

On Tuesday, Julie handled all of our unsolicited mail. Quite an experience and it inspired her to write this blog entry.

At the Nelson Literary Agency we only accept email. That doesn’t mean you can use email if you feel like it or if you would prefer, it means we only accept email. If you send snail mail you will receive a response, a standard response telling you try again via email.

When snail mail is sent to the Nelson Agency, Kristin will never see it. Only Julie the Intern will before it meets its fate in the recycling bin. I might read some of the letters if I feel so inclined, or if something catches my eye, but don’t bet on it. It wastes paper and does not get you one step closer to reaching your literary dreams. All it does is give me paper cuts. At least I can say I am thoroughly entertained by some of the things we find in the burgeoning stack of mail.

Checks
I’m not entirely sure what the checks are for seeing as we do not charge anything to see queries. What happens to these checks? If the sender has also included a self-addressed envelope it gets sent back. Otherwise, it gets to enjoy the comfort of the paper shredder.

Full manuscripts
I can’t even conceive why people send full manuscripts to us. For one, we don’t accept snail mail, as I have hopefully gotten across. Secondly, query letters, sample pages, or something are customary to send to an agent before you throw a full manuscript on their desk.

Popcorn, DVDs, self-published books, etc.
I’m not sure what the popcorn was for. Of course, I don’t know why we get any of this. If you’re lucky, we might ask for postage money to send books back.

Queries for other agents
We received a letter addressed to Ethan Ellenberg. As far as I know, Ethan Ellenberg isn’t hiding under one of our desk chairs. Make sure to get the address correct for the agent you want to send to.

Handwritten queries
Handwritten queries are unprofessional, enough said.

Words of Wisdom From Julie The Intern

STATUS: It feels a little disconcerting to “get back to business” after the historic win last night.

What’s playing on the iPod right now? JUST CAN’T GET ENOUGH by Depeche Mode

Over the years, Sara and I have received numerous requests from folks interesting in interning at the agency. Well, we considered ourselves a pretty well-oiled machine (cough)—okay maybe a creaky slow machine—but in other words, we felt like we had our processes down and we didn’t see a good role for an intern.

Until the superintendent of Denver Public Schools called us earlier this summer asking if we’d consider one of their high school students. Now how can we say no to DPS? Both Sara and I believe that it’s our civic duty to teach and mentor young people so for the first time in our history, Nelson Literary Agency took on an intern.

And we are so glad we did. Julie has been wonderful to have these past months and in even better news, she’s willing to share with you blog readers some of things she has learned.

So, in her own words (and not edited by us), here are a couple of blog entries from our intern.

My name is Julie. I’m a high school student doing an internship at the Nelson Literary Agency who hopes to one day be a writer. My time at the agency has been a great learning experience. While I knew I wanted to be a writer for awhile, I was completely clueless as far as the business aspect was concerned. In my naive mind I thought it was as simple as sending in your manuscript to a publishing company and hoping for the best. The literary world is far more complicated. Here are a few rules I have learned through my observations on query letters and sample pages:

Don’t go out of your comfort level. Don’t write about an Alaskan wilderness survivor if you know nothing about Alaska or wilderness survival. The readers interested in your work will be able to tell if you don’t know what you’re talking about.

Focus. If your main character has an evil twin who is a time traveling wizard that only gains power by eating muffins baked by her long lost lover’s ghost, that is a lot to digest in one story.

You’re a writer, so write. Writing is the biggest part of the battle, so complete your work. That might seem like a stupid thing to say, but several people that we have asked to see sample pages and even full manuscripts have said they can’t because they haven’t finished. Don’t even worry about going on to the next step if you don’t have your manuscript finished and polished.

Decide what genre your work is, and search accordingly. There are several websites listing agents, but it’s not as simple as sending a query letter to the first one you find. It might take awhile to find an agent that fits what you write, but it’s better to send to five agents who represent your type of book then ten that don’t.

Submission guidelines, need I say more? I can’t count how many query letters we receive that have their own idea as to what should be sent. If the agent wants five sample pages right away, then send them. But never assume one agent wants the same information as another. That goes for sending method, too. If an agent only wants email, only send email. At the Nelson Agency we don’t even look at a query letter if it’s sent by snail mail.

Agents are really helpful, and I’m not just saying that because I work with one. October was big on royalty statements, and if anyone ever has a question to the usefulness of agents, this is the time to prove their worth. Not only are contracts a pain in themselves that an average writer would never know a thing about, royalty statements are the follow up kick in the rear. Agents have to study the statements to ensure their clients are getting what they should be based off of their contract. That means lots of pages with lots of complicated jargon.