“Peter Olson, until recently the chairman and CEO of Random House, wrote in Publishers Weekly last month: ‘While 2008 ended on a disappointing and even discouraging note for many in the book industry, the outlook for the new year is even bleaker. One-time adjustments by retailers and underlying shifts in the structure of the book industry will make 2009 the worst year for publishing in decades.’” (via London Review of Books)
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