Economic Link Round Up
- I forgot to mention the good news and that is Hachette is giving or gave all its employees a bonus equal to one week salary in addition to normally scheduled bonuses. Wonder if that has anything to do with the success of Twilight. I saw a gift box set of the Bella/Edward series in the Costco Magazine.
- The bad news is that Thomas Nelson publishers, a Christian publishing house that bought Lynn Spears' parenting book (talk about bad decision making), is laying off 10% of its workforce (55 people). I wonder how much money TN put into the making of the film, FireProof. My mall had a ton of advertisements for it.
- Since HMH appears to be on the selling block , one wonders what will become of its efforts to create individual apps for the iPhone containing one book each (which I think is about the worst idea ever).