BilmBlog500

One topic which I covered in my 2012 review which I think deserves a little more attention is that of the global market for English language books. As a quick primer, there are three basic kinds of publishing deals, most all deals fall into one or the three categories: North American.  You give the publisher the right to publish the book in English in the US and Canada.  You keep rights to the British Commonwealth (Britain, Ireland, Australia, New Zealand, South Africa, different definitions after that which can range from a couple dozen to several dozen countries).  The world outside of North America and the British Commonwealth is something called the "Open Market" where everyone can distribute a book on a non-exclusive basis, mostly countries where English isn't a first language, like continental Europe or Brazil or Russia. World English:  You give the publisher the right to sell the book everywhere throughout the world in English, the publisher can either license...

While I'm cautiously optimistic that Borders is having an OK holiday season (it seems to me they've been less promotional with the Borders Reward coupons, which is a good sign), Borders UK is officially dead, a few years after being sold off to local management in a leveraged buyout. Other than for some lease guarantees and damage to the brand equity, this doesn't directly impact Borders US, but it's a very sad day nonetheless. When Borders decided to open up stores internationally in the late 1990s, I was a big fan of the idea. In the UK, it seemed smart that Borders purchased a local retailer Books Etc. which had some nice stores, mostly mall, but ranging from a tiny closet on Holborn St. to a huge flagship at their Charing Cross HQ. And it was exciting to me to visit the very happening Jam Factory Borders in Melbourne Australia in 1999 or the flagship UK store on Oxford St. when I went over for London Book Fair. While start-up costs led to some large losses, sales...