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.

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.

China on the Mississippi?

When I write about how the NYSun is the Official Newspaper of Gil Roth, please keep in mind that I’m referring to its arts, culture and sports writing. Its op-ed section, on the other hand, can get pretty wacky.

Take today’s piece by Gordon Chang, for example. A Communist-Made Disaster discusses how the huge death-toll from the earthquake in China can be chalked up to policies of the communist party (he doesn’t blame the earthquake itself on the party; that’s India’s fault) and the local corruption that the regime breeds.

Mr. Chang seems to be arguing that a democratic system would push for regulation of building standards, deter public officials from skimming off or mis-allocating taxpayer funds, and allow the people to hold the government responsible for building safer schools.

All of which made me wonder, “Has Mr. Chang heard of New Orleans?”

The White Stuff

I’m sure he’s a perfectly good guy, but I was just transfixed by this combo of headshot & name in today’s WSJ:

Probably because of this guy:

Rich white guys RULE!

In the Official Newspaper of Gil Roth, Tim Marchman has an article today on how the “corporate ownership” wave in baseball never came to fruition, looking back on the 10th anniversary of the Piazza trade from LA to Florida. Marchman makes the key point that, as the decade has passed, the ranks of MLB ownership includes more smart, rich, white guys (and hispanics) and fewer Belgians. And that’s a sentiment we can all get behind.

(BONUS! Today’s ONGR also has an obit for Irena Sendler, the righteous woman who helped smuggle 2,500 Jewish children out of the Warsaw ghetto. I got choked up while reading her story at the lunch table, but no one else was in the room, so I didn’t have to kill anyone.)