Penguin Problems
Publisher’s Weekly is taking a long, hard look at the problems plaguing Penguin Putnam (the fact that we dove headfirst into alliteration makes us as uncomfortable as it does you). The problems are myriad: recovering from a lousy implementation of a distribution system, ye olde balance sheet problems (outflow exceeds income), and changing of the guard at the head of the Putnam division. What does this mean for most of us? Well, probably not much. We cannot predict the future, but that will not stop us from offering our opinion. Curing corporate woes requires coordinated effort. The way we see […]
