The New York Times says the publishing industry is reconsidering the luxurious, book-related soirees of old. Mr. Moneybags (see above) will be so sad to hear it. It's doubly sad for me, because I've always wanted to hang out at schmooze fests, and now who knows when I'll have the chance? Staff cuts, corporate restructuring, cutbacks on perks--looks like publishing is going the way of ... pretty much every other industry right now.
Read it: Puttin' Off the Ritz: The New Austerity in Publishing.
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