Category: Big Business

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What It Is: 5/26/08

What I’m reading: Lord Jim, Joseph Conrad, and vol. 1 of Cromartie High School, an incredibly funny manga.

What I’m listening to: That new Portishead album again.

What I’m watching: Kung Fu Hustle, which remains one of the most entertaining flicks of all time, and The Big Lebowski, which I need to write about.

What I’m drinking: Blue Point Brewing Co.’s Blueberry Ale (a gift from this weekend’s houseguests).

Where I’m going: Maybe out to see Iron Man today, but otherwise, nodarnwhere special this week.

What I’m happy about: Having a nice, long, relatively relaxing weekend. (“Relatively,” because Saturday involved a lot of cleaning and cooking, as we had those aforementioned houseguests. Also, I was a nervous nellie because one of the sets of guests had a 1-year-old child, and I was afraid Rufus would get overstimulated and eat the kid. Everything turned out fine.) Oh, and taking a vacation day on Tuesday, just to get a little extra time before diving into the big Top 20 Pharma and Top 10 Biopharma issue of my magazine.

What I’m sad about: Last night, Rufus appeared to have developed a case of Ringworm in Ringwood. Fortunately, we already had a vet appointment scheduled for tomorrow.

What I’m pondering: Why the Coen Brothers use voiceovers in some of their flicks and not in others. Also, how long the natives will let the new Mars probe transmit.

What I’m updating: Rufus’ status! The vet says that they’re just “mayfly” bites, nothing that requires any treatment! Wanna see all the gories? Glad to oblige!

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Random House’s Salute To Fireworks

I’ve goofed on my history of (incredibly) small press publishing for years. While there are plenty of specific reasons why I was a failure, there are also some pretty enormous structural problems with the business of book publishing. I think most of those problems can be traced back to bookstore returnability, but it’s a complex argument that I don’t feel like making right now.

What brings me to this topic is the news that Bertelsmann, a privately held German media conglomerate, looks ready to announce a new president for Random House, one of the largest publishing companies in the world. Perturbed that Random hasn’t had any blockbuster hits in the last year and revenues have slipped, ownership (and new CEO Hartmut Ostrowski) decided to promote from within. Of course, when you’re a major conglomerate like Bertelsmann, “within” can be a pretty broad term.

In this case, Random House’s new president, Markus Dohle, comes from Bertelsmann’s Arvato Print unit. What’s Arvato? Why, I’ll let the WSJ explain:

While Arvato is so unglamorous a business it was once referred to inside Bertelsmann as “Siberia,” it has served as a major growth engine for Bertelsmann in recent years. Arvato has been plunging into far-ranging businesses such as repairing mobile telephones, storing pharmaceuticals and running call centers and billing systems. Last year it booked almost [$7.8 billion] in revenue, or about a quarter of Bertelsmann’s turnover.

I’m sure Mr. Dohle’s a fine executive, and I’m sure Mr. Ostrowski (another Arvato Print alumni) has some big ideas for how Bertelsmann can make book publishing a major contributor to its bottom line (it’s currently at 10% of company revenues), but this sort of pedigree sounds a lot like the appointment of Jack Donaghy to the role of Vice President of East Coast Television and Microwave Oven Programming.

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What It Is: 5/19/08

What I’m reading: Lord Jim, Joseph Conrad, and the first 8 issues of the new Omega the Unknown miniseries, sorta written by Jonathan Lethem, whose prose I’ve never tried out. I oughtta sample some of his stuff on my Kindle, because I’m that awesome.

What I’m listening to: A new Mad Mix. More to come.

What I’m watching: Game 7 of Cavs/Celts, and wondering if the LeBron/Pierce matchup was going to live up to the ‘Nique/Bird shootout in 1988. It was pretty awesome.

What I’m drinking: Wet by Beefeater.

Where I’m going: Nowhere, not even for Memorial Day weekend. Sigh.

What I’m happy about: Getting out for a fantastic meal at Saddle River Inn on Saturday night, even if Dad raised the stakes on inappropriate conversation by launching into a discourse on the method used by my mohel. Seriously.

What I’m REALLY happy about: My pal Tina got married!

What I’m sad about: The Celtics won.

What I’m pondering: Microsoft’s strategy. Post to come.

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Khoi Vinh gon’ be piiiiiiiissed. . .

In this week’s NY Magazine (which you really should check out regularly), there’s a short item about Gay Talese’s work on a documentary about . . . well, let me just run it here in its entirety:

Erstwhile Timesman Gay Talese, whose 1969 The Kingdom and the Power is a classic study of the paper, is back on the beat, working with fellow Times alum Arthur Gelb on a documentary about the paper’s struggles in the digital age. “It’s about why the Times is having difficulty attracting readers when in my opinion it’s still a very good paper, and about the difficulty of convincing young people to read it,” Talese said at the PEN gala April 28.

Is it because young people are reading the paper online? “We’re not interested in their Website,” he said. “We’re interested in our insights as veterans of old-fashioned journalism.” But does he read the Times site occasionally? “Never, and I never will,” he said. “I don’t even have a cell phone. I don’t deal with the technology. I don’t even know how to go into the Web. Maybe Gelb will do it. I insist on being with the people I’m writing about.”

Now, I can understand an old coot of a writer not dealing with the internet, but I’m not sure how many of them decide to make a documentary that’s intrinsically about the internet and refuse to even engage it. How self-important do you have to be to go down that path?

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Final Tale of Hofmann

When I was a student at Hampshire College, the annual Halloween tradition was known as “Trip or Treat.” Being a total square, I never partook. For a variety of reasons, I wish I’d tried acid, but it’s a bit late in life for that.

Anyway, Albert Hofmann, the man who first synthesized LSD, has died at the age of 102. But, as Acid Archie sez, “ACID NEVER DIE!”

(written by Grant Morrison, drawn by Steve Yeowell; not sure who holds the copyright, which is 1990)

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Kin and Kindle

Once upon a time, Robin Williams said, “Cocaine is God’s way of telling you that you have too much money.” This week I bought a Kindle. It costs $399 (but I had $150 in gift-credit, so I pretended it only cost $250), can download books wirelessly from Amazon, is perfectly readable in daylight, can take a 2gb SD card to store a couple bazillion books, has some neat internet functions, is a butt-ugly monstrosity of design, and is almost certainly God’s way of telling me that I’m earning too much.

(And it’s proof that I’m a tremendous geek, but it’s not like we needed more of that.)

Click on the image for pictures from the unboxening:

That’s an excerpt from Chelsea Handler’s new book, Are You There, Vodka? It’s Me, Chelsea. She is an awfully funny writer.

Anyway, I’ll play around with this thing for a while and report back. If it manages to become a book-version of the iPod, I’ll be a happy man. This will be predicated on how comfortable I get with reading off an e-ink screen like this, and how insecure I get at not having “the actual book” in my hands.

(Man, it sure is an awful piece of design. Makes you realize how amazing Apple is with this sorta thing.)

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Flip out

I’m pretty happy about that Flip Video Ultra I bought a few weeks ago. It looks like Pure Digital, the manufacturer, is pretty happy with the response, having turned the marketplace upside-down in the past year.

I know I haven’t posted much video yet, but I’ve been too busy to sit down and figure out optimal settings, edit clips, etc. So, in honor of his first seder tonight, here’s a new clip of Rufus going crazy on that pheasant-toy of his (you may recall that he tore the head off the guy about 5 minutes after we bought it):