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tv   Book TV  CSPAN  December 26, 2011 7:00pm-8:00pm EST

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in the 2011 if you had to write on with the publishing industry did this year. >> kaput leggitt this where to even begin. the best way to look at what happened in the publishing industry this year is the increasing rise of digital books, digital market share is also a tremendous transformation of the book market. for example, i guess a good way to look at it is true of the almighty prism of amazon. for a simple, amazon introduced just a couple of months ago some new devices for a simple one of
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kindle fire which is their answer to the kindle market. the new shipments alone various analysts have projected that it will reach number two in sales behind apple's ipad which is priced at the lowest in debt for 99. the thing with amazon's kindle fire is that it's also in direct competition with farms and mobile which we will get to a little bit of a second. but amazon also introduced some other lower-cost kindle devices. kindle is by amazon's reckoning the number one best-selling e-reader and it's also the reckoning in readers might as well. they aren't going to tell us exactly how many kindle and has sold. that's the party line the editor to ever since the interest the kindle years ago and they will keep sticking with that because
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they make so much money. they clearly feel they can get away with it on the seals figures. but in any case the kindle fire has been received somewhat mixed reviews. a lot of people like it because it is a media consumption device where people are playing video games and watching movies and getting access to various things through and ms. donner to -- amazon's prime service where you get things shipped for today service and other things but there are also people who like it to slow, it's to lagging. one analyst said the will ship almost 4 million units between leges november and the end of the year of the christmas holiday is going to be a really big factor as to how it is going to do so it'll be interesting to see if that will actually holding to the new year. amazon of course is not just about devices.
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it's also moving very aggressively into the publishing world as well. for a sample just this week news broke that they had bought many titles, about 450 titles of martial which is the children's books and educational publisher so they've bought the rights to these titles and they are going to be incorporating it with their recently launched new york based in print which is one by laurence kirsch bomb of the ceo of time warner book and also most literary agent as well, so amazon has been aggressively moving into publishing both seemingly from a traditional standpoint, but they've also been doing a lot of stuff with respect to people who can publisher ackley as well. so, as a result, publishers rightly or wrongly feel weary of what amazon is doing but the have been moving so aggressively they've been competing in terms of trying to buy titles.
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the new york for example has been sending large of dances by the likes of the director and comedian can marshal, and it's again amazon will always be one to watch and to the new year. i hope i haven't gone on too long with respect to everything is on the part not look at the publishing industry without talking about them at length. >> sarah weinman, publisher sevi will keep relationship with asei will keep relationship with a muslim; would that be fair to say? >> that is a good we've characters in it. one way of looking at it is they are frenemies. amazon competes in terms of the publishers. it competes in terms of the marketing in the like but at the same time publishers need them because amazon is a very big player in the on-line retail service and so publishers want to have their books stock on the
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amazon as well. so we think everyone is still trying to figure out how they can have multiple courses of relationships for lack of a better term we're on the other hand there is some bias is that there is competition and everybody can kind of move along accordingly i suppose. >> sarah weinman before we should figures on 2011 and book sales in general i wanted to ask you about that too large book companies, booksellers barnes and noble and the new nook and the demise of borders in 2011. >> yes let's first look at barnes and noble. for example the it said in a recent earnings report the digital business which includes nook and the nook color and the tablets which has just recently come out and is priced to 49 and a direct competitor more with amazon's kindle fire as opposed
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to the apple ipad. barnes and noble projected their business to be approximately $880, and in the most recent fiscal quarter which if it was the first quarter of 2012, that digital business was about $220 million. so this digital business has been going like gangbusters for barnes and noble. if you look into new york city's union square, barnes and noble and i believe the largest store in the city with the of the news in that there's a kiosk devoted to all things nook where you look around and they have various demos and nooks to try out could have all accessories and other digital related things. so it's really clear just from the way the have been remodeling this store and other stores around the country that nook is
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ready with their business to go. there ceo has said repeatedly that barnes and noble accounts for anywhere between 26 to 28% of the overall digital market. so the of been moving aggressively. but the flip side of what has been happening with barnes and noble on the digital side as opposed to the physical side to walk into a store you may see fewer books readily available. they've also been expanding the toys and games department. they've been trying to figure out how do we keep defaulting when digital keeps rising and the books based keeps falling. one thing barnes and noble has said every now and then is they expect to pick up a significant business on the site from borders recent bankruptcy. borders has been having many problems for many years. this goes back to the late 90's to a series of ceo changes to 2001 when the outsourced their online business to amazon it didn't actually take it back in-house to 2008, to just a lot
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of bad leases the were locked into that they were paying very expensive rates on. so by the end of 2010, the writing was very much on the wall when they finally declared chapter 11 bankruptcy on at least i believe february 16th. it when did its way through the course and it looked like it wants to be bought by potential buyers and that fell through. then finally in the summer they announced they were going to liquidate all of the remaining stores. the started before chapter 11 with about 642 stores and slowly they just all this appeared so that by september he would walk by and see coming out of business signs 90% off. it's a very terrible story of how we essentially 10% of the book market just vanished off the face of the earth and they're remains to be seen whether that will ever be accounted for again. will digital be able to pick up the slack. well barnes and noble be able to pick up as much business from
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potential borders customers? there has been some indication that that might be happening. but i think we will have a better sense of what is going on in the first quarter of next year. >> sarah weinman, what about independent booksellers, how was their year in 2011 over all? >> well, if you ask independent booksellers to think on a case by case basis, some of them have done rather well. granted we live in new york and i think that that creates a certain selection bias because another number of great bookstore's especially my chosen seemed to be doing very well. they carried their selections the very selectively, and as a result i think they've really understand what their customers want but they don't try to necessarily overreach. another example i think is what the best-selling writer and maddock patches is doing. when she went on book tour for her novel state of law under which did well and garnered rave
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reviews she talked about what her next project would be which is to open an independent bookstore in tennessee which lost a number of different stores both big box jeans as well as independent. ferc sable the hideous kids store whose parent company filed for bankruptcy and even though his kid was doing well because the company was what they went out of business. so, just a few weeks ago in conjunction with random house sales representative and karen hayne is open to the much smaller bookstore. but i think by virtue of penchant being involved and also just the sense that people in national wanted an independent bookstore and they are starting small there is the sense that even though people might call her crazy to open in the independent bookstore when things are changing so rapidly and moving so fast on the digital front is as lonely as
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she in a hayes and their staff can be savvy about what the stock and what they might have for signings and how the approach to selling the book, you know, i think we do stand a very good chance. the stand as good of a chance as any business that opens. there's always the probability one can ) and optimistic and i like seeing these independent, who doubles battles. it's not so much dependent on the statistical front but just perhaps from the mine share front is many independents are able to sell the books and that is because their association and the american booksellers association signed on with the google books as they became partners so that google would enable them to self ebooks through their stores.
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if you ask a bookseller of amazon you will get a whole slew of increase responses that is certainly been borne out this week in light of the news about the marshall michigan and also an application amazon is doing where you can walk into other types of stores and if you tell them with the price is they will give you $5 off. it's not particular bookstores but booksellers are none the less upset. so even though no precise data on how much of the digital market share the booksellers have the fact that the have some skin in the game i think speaks very well just to having a chance and not being completely disregarded with respect to the digital side. >> sarah weinman there was a recent headline in publishers weekly. e-book sales doubled in september mass market tank was
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the headline and here are some figures from the association of american publishers. in 2011 nettled paperback sales were down 18%. adult hardcover sales to a 18% and mass-market down nearly 40% of e-books were up 144%. >> it's what i was saying before the digital side is the fastest growing and all the things i've mentioned, the demise of borders, the shrinking of the book fees' evin barnes and noble has been closing some stores largely due to onerous leases that they are trying to find a way not to be part of any more. that said there is always a caveat in respect to the american publishers which is that the data that they receive as reported by publishers and it does fluctuate from month to month so even though it does
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appear that they aren't thinking and they are certainly down in large part because they are not being stocked in the way they once were there aren't that many out looks but it is i think important to point out that especially even on the digital cited the number of publishers the report on the month-to-month basis does change and i think what will be helpful is to look at it from a yearly basis. eventually and association with the book industry study group is when to release another addition of the new venture called books that it will give a much clearer snapshot of what the actual book industry statistics are at the moment. in the most recent one, it appeared that digital sales in 2010 were closing in on the 10% mark. we know for sure from the figures report that sometimes the are well in excess of 20% on a month-to-month basis.
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suffice it to say, that it is hovering around the 20% market for best sellers especially in their opening weeks it can be much higher in the 40 to 50% range but i think we will have a much clearer picture of what those of our. when the next books come out which i believe will be in a month or two. why not certain as of yet. i suspect will be one of those things the land in an e-mail and will have to parts very quickly to determine what is really coming on to beat >> what do the e-book sales to for the authors? >> it's funny you mention it because especially for the largest six houses which have moved to something called the agency model, where if you have a total piece of the pie, 30% of the high cost of the retailer the amazon and barnes and noble or apple. retailers that sell e-books. at least 70% left over to the
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publishers which then distribute 25% net of that to the author which translates to about 17.5% of the overall royalty. so what happens with those publishers view towards the agency model because you're getting a larger piece of the pie than they would have under a different model that many other publishers were still using, but which have a completely separate business model publishers are making money off of the books. if you look at the various earnings report from the houses, the reason why some of the profits have been going that is in large part because of e-books. so as a result, there is they are certainly happier with how things are going. of course if they like to make more money everybody wants to make more money but the move to the agency model was a way for
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publishers to mitigate against a downward pricing trends and enable them to stay high year and build. islamic this is book tv on c-span2. 48 hours of nonfiction books to read a free weekend sarah weinman is our guest as we look at 2011 and review she is the news editor of publishers marketplace, publishersmarketplace.com mr. website. one more piece of news before we look at specific books read what is the status of the google books settlement? >> that is a very good question. because of it is as john f. ilves ever. on december 5th google has moved to dismiss the suit which had been from the association of american publishers. originally they were partnered together but after the judge expressed his displeasure with how things were going, basically
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everybody had to kind of go back to the starting gate again. so the judge has no set a december 23rd deadline for google to follow motion to dismiss as the plaintiffs response is due january 23rd and the response is them do on february 3rd. at the same time the authors gold is trying to determine whether it can gain class-action status so there are parallel tracks that are happening with the book will suit at the moment and we are so of course on schedule if films keep going according to the trial schedule where the trial may happen at the end of 2012i believe. there's a lot of hearings being scheduled a lot of motions being filed it remains to be seen where things will go from there.
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>> according to "the new york times" best-seller list hard-cover nonfiction, you're 2011's bestsellers. what was the book about? >> she talked about a man who had been an athlete and then ended up in world war ii i believe he was a prisoner of war
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and at least as a few months ago was willing to his 90s and of course laura gillibrand is a fascinating story because she has chronic fatigue syndrome and often cannot leave the house so she was conducting a lot of her research from her house through the telephone calls and a outsourcing of people helping her bring in documents and things like that and so she produce a tremendous piece of metal the scholarship research but also the to the inspiring story as you know it is to reach the best-seller list, so i feel it is just an indication of how people respond to the human spirit and told extremely well and i suspect just like her previous it will keep selling in
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2012. >> since she has chronic fatigue syndrome and doesn't leave the house very often, she can't really go on tour like other authors; correct? >> that's right. but i think it's an indication of just how strong the story was and also i believe it was available for interviews as also to hear from him directly was also very inspiring. so, even though she, herself, could not go out and about to promote it, there were worker rounds. she did do some interviews as long as they were set up and took special care with her needs. there are a lot of ways to promote books especially thanks to the internet where and author did not necessarily have to go out on the national book tour anymore and unfortunately this is where losing physical bookstores also impacts the author tour as well. there are fewer places to go and less likely of a chance to even have the tours.
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>> is there proof and author goes on tour more books get sold? >> i don't necessarily think it is the case. it also depends on the book. i think that will leaders like to meet sell authors i seen this myself with the fiction writer david mitchell appeared in various bookstores last year and even though he is in four different stores in new york city all of them were standing so even attracted several hundred people, but to extrapolate that to everybody is not something you think everybody can do. it is the case to case basis. >> if you look to "the new york times" best-seller list and combined print and e-books the number one bestseller was taught heaven is for real
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sarah weinman, i know the data is difficult to find, but laura, best-selling nonfiction book of 2011 according to "the new york times," heaven is for real, best-selling non-fiction million bouck and print list as well. do you have any idea how many copies of those books got sold? >> it's funny you mention. i feel like especially as the digital market share keeps rising, finding statistics one can rely on becomes increasingly more difficult. i will give an example. neilson has a service called books can which tracks anywhere from about 70 to 75% of sales.
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even as far back as i think three years ago when the kindle lizilo tecum new one could look and get a good snapshot of how a book was selling. it depended on what outlook they were reporting. they still don't report on certain ones. but again it was at least a fairly good relative snapshot but because the books can doesn't report digital scales the promise that they will but so far that has not come to fruition as a result it is 70 to 75% print heuvel as i said earlier in the broadcast for some of the best-selling titles in book sales pick up far more percentage overall, 40%, 50% sometimes even higher so the seals are not being accounted for them the numbers don't have the same test of power they once
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did and because publishers of course they know the seals figures are but with amazon about wanting to leave feel barnes and noble has taken that up so there's a lot of reporting at the moment and so one can certainly look at "the new york times" list of course the only started tracking e-books earlier this year and they have their own system which may be a combination of all the hard data as the hardcover and paperback was sometimes so based off of that it was clear that tom burpo's - is for real sold in excess of 1 million copies but i do think that it appears to be a strong seller as well. >> do religious books sell well?
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>> absolutely. it's also why i think in a room of the big publishing stories which will play out in 2012 this when harper collins bought thomas nelson which also happens to publish heaven is for real. relatively recent statistics indicated that harper collins was the fourth largest book trade publishing house and thomas nelson was the seventh largest so this is a big deal. they paid a little over $2 million to buy thomas nelson, and harper of course also is a religious publisher in its own right and has a strong stake which publishes religious books in the bible and the likes of the combination of thomas nelson into zanderbant is under the harper collins umbrella and one can look back to how the left behind books did several years
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ago and of course now looking at heaven is for real, i suppose this media never instance of the case by case best seller because the idea that a little boy went to heaven and came back to talk about it is an irresistible to feel especially when we are still mired when people need to be uplifted. so perhaps there is also a strong cost of relevance not just sitting to the religious segments but the larger book world as well. but we cannot tell felt religious publishing circles or big publishing stories coming into the new year.
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>> you know, i didn't and i have picked up an early copy when was featured at the bookexpo america. it can devotee of the 2010. so already the pitkin targeting this has one of the titles for the fall and it's easy to see why it talks about the top of the of cancer to new york city, so certainly an expert in the subject and from what i can tell she imparted this knowledge with a tremendously cubin way and a very well written and as a result very well received so yes it won the pulitzer on the other side of the atlantic, too to
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read it has certainly been garnering a claim and it is definitive and how it treats its subject. >> is winning the pulitzer help sales? >> absolutely it does. i would venture to say that pulitzer prize more than any other place in america boosts sales and did on the fiction side when jennifer one. the greens what attracted some attention when it was in june of 2010 independent bookseller community online. everybody i talked to loves this book and is recommending it left and right. so there was a tremendous momentum was built up near the end of the year. eagan also on the national book critics' prize as well but it was the pulitzer that really catapulted the squad from the sales standpoint. they have just come out or it was about to come out and that
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also helps the award winning book people can pick up and i think sales track has only increased over time. but the previous year when paul harding whose first novel had a very tiny press, when he won the pulitzer it was the same thing. they were six-figure sales and his next books would be published by the larger house and i'm sure that pulitzer prize winner only helped boost the sales. >> book tv covered three of the pulitzer prize winners for 2011 in our coverage this past year. you can go to booktv.org and in the upper left-hand corner is a search function you can type the name of dan author and watch it on line whenever you want. we covered eric foner for the fiery trial into the emperor a
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biography of cancer. the last time we talked to sarah weinman of the marketplace was of the national book award and the national book award winners for 2011. .. i believe "the washington post" has given it a rave review of that review ran very close to when the awards are given out and after she was nominated.
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since then there have been additional coverage of the guardian, "the los angeles times" and i believe npr is on board as well. they increase their print run by another 50,000 copies and it has taken a while. i think it is more of a slow build in large part because it deals with hurricane katrina and so it's a very tough subject, but i think that those who have the staying power will find it a very rewarding read. truth be told, i think that the national book award winners are perhaps a little more off the beaten track then once you might find with the pulitzers or even the national book critics circle aboard later on. i do know that when nikki finney one for poetry, she gave such tremendously inspiring speech. i think many in the crowd felt that they wanted to just stand up and cheer for her.
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it with such passion and such fire that i think it really you know cause people to go well, who is this woman and i should be reading more for poetry. with stephen greenblatt, he is dealing with a big subject with the very concept of modernity so it is good for national book award judges recognize this and this will undoubtedly boost his profile as well. >> host: booktv covered the national book awards this year. again you can go to booktv.org use this function and watch the entire ceremony. talk about some of the biographies that have come out in the past year, including one very recent one, currently number one on "the new york times" bestseller list, walter isaacson's steve jobs. >> guest: oh yes. i very much enjoyed reading that. i started it i think two or three days after publication date and for whatever reason i read nonfiction more slowly than i do fiction i think in large
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part just because there is such a tremendous amount to absorb and isakson clearly, he talks to a great many people. up he of course did talk to steve jobs several times including the last interview in august just weeks before his death in october. so the porch of that isakson creates painted that steve jobs is a tremendously complicated one. this is not a guy who was about roses and puppies by any stretch of the imagination. he was driven. he could be brutal. he could be tremendously demanding. but one could argue that type of driven personality produces results. all you have to do is look at how many people carry around their iphones further ipads or type on macbook air's. apple certainly, especially after jobs came back in the late '90s, became a force to be
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reckoned with so it is a fascinating portrait of this very driven man who turned around a company and made it so much his own and of course there is this arc where he and steve wozniacki had created it and then jobs is forced out and the so-called wilderness. but his wilderness was in creating, in buying pixar and turning it into a multibillion-dollar company as well. so, it's just an amazing portrait of i guess american capitalism ultimately too. >> host: how much cooperation did steve jobs give to walter isaacson in the up look and the original publication date was moved up from march of 2012 wasn't it? >> guest: yes it was. i think it was originally moved up to the end of the year and then when it became very clear that jobs' health was not good, it was moved up again i think a couple of days after jobs'
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death. what is interesting too is that even though it has clearly been selling tremendously well, simon & shuster has not released sales figures. i did attempt to ask them several times why this was the case but they just felt that it was not in their best interest to do so. but it's very clear that it's selling tremendously well and yes jobs did corporate. he granted several interviews to isakson, and he also had said basically that he wasn't going to fight him on any unflattering portraits that emerged. he wanted a essentially, i believe that quote was i wanted my kids know me and by that it could ensure that he wanted his children to know him as he truly was so they can understand some of the decisions he made in order perhaps to stay much later at the office or spend that much time turning apple into the juggernaut that it is. it certainly accomplishes that i
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believe. >> host: well biking had a biography out this year by the late manning marivel, malcolm x. sarah weinman? >> guest: that's right. that's right. marable had been working on this for a believe that decade if not more and unfortunately he passed away just days before the biographies publication date. whether that influenced coverage is not for me to say but certainly when the biography was released it does receive great reviews and also some controversy because it did put forward some additional or alternate theories into what really happened to malcolm x when he was assassinated in 1965. certainly, i made it was a finalist on the national book award as well. it has been on many bestsellers list so far this year. it certainly was one of the most notable biographies that was released in all of 2011. >> host: and three other autobiographies came out and
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they are all push of administration officials beginning with condoleezza rice, the second half of her memoir, no higher honor, dick cheney in my time came out in 2011 as well. as did donald rumsfeld's known and unknown, mmr. sarah weinman, do you know how well the soul and with the action was to these three books? >> guest: although i believe all of them placed fairly highly on the bestsellers lists soon after they were released they just didn't seem to have the staying power that other political autobiographies had. the benchmark certainly seems to be bill clinton's my life. he was going back many years. hillary clinton's living history and even as recently as last year with george bush's decision points, at that was i believe the top-selling nonfiction book of 2010. these books just didn't quite work as well, and perhaps it was
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an indication of why some of the reviews felt that each of these particular political figures didn't seem to be as forthcoming as perhaps critics and readers had hoped, that they weren't necessarily holding themselves fully accountable for what actually transpired during the bush of administration, that there was perhaps more hazy agra fee or trying to be an apologist for what happened as opposed to give not just looking at what actually happened and trying to come to terms with it. of course that is their right. this is their story in each of them can feel free to tell it how they choose to tell it, but it also means that the critical perception will go accordingly. >> host: you mention former president bill clinton who also had another book out this year that just came out recently in november of 2011, back to work, why we need smart government for a strong economy. did this, did this book get a good reaction?
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>> guest: i think in large part because its publication date was announced very close to the actual publication date, think there was only about a two month lead time to the best of my recollection. it did seem, and this is just my own impression talking, that the overall reception, it just didn't seem to be quite as much fanfare and maybe it's just of course that they cannot possibly have as much fanfare as clinton's my life. i mean, several hundred pages of not a 1000 page biography which he wrote in which really took a full accounting of the presidency. this book was not even 200 pages long. it's more of a working paper about what the government should do and how essentially the party should stop fighting and work together to come up with some reasonable ways to not only get people back to work but also some green technologies that can
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be more environmentally sound ideas coming in the future and it was more ideas driven. so i think as a result, once the ideas that kind have been disseminated, then that was it for this book. does that mean it couldn't have another life down the line? i am sure it could, but it did seem as if the impact wasn't quite as forceful as clinton's previous tone. >> host: other political books that came out this year include ann coulter demonic, marc stein's after america, get ready for armageddon, henry kissinger on china, tom friedman and michael mandelbaum teamed up for that used to be asked, how america fell behind in the world it invented and how we can come back into ray, who is afraid of post-blackness? ann coulter, mark stein, conservative books in general. they seem to sell very well sarah weinman.
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>> guest: they do seem to be selling very well but as of any segment there is some attrition. again, it seemed as if ann coulter's newest book didn't have the same impact as previous books. stein may have had some, but it's also interesting just to kind of take a larger view of this fact, even though there are so many non-fiction books being produced, the advent of some new digital companies that specialize in shorter tone, companies like the activist or by lightner, what they are doing is they are publishing permanently nonfiction that run between say 10,030,000 words and it will be interesting to see if some of these political books, which at least to my mind, feel as if they are stretched out a little bit, that they could have a really concise argument in about 100 pages or 20,000 words or thereabouts instead of being padded to 250 or 300 pages. will they go over to an on line
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only outlet? we are also seeing as we move into 2012 and the election-year some partnerships between web sites and publishers to produce shorter e-books first, publications. for example random house and politico are partnering on a series of election oriented titles. the first one just came out and i believe there will be three more before november of 2012. there are also other partnerships that are forming or about to be formed along those lines as well so will it change the political nonfiction landscape where especially because it's so easy to just get news on line and analysis on mine, that how will we think about how a book is packaged do we want and co-coulter are other pundits to impart what they feel they need to say in book format or are they better served in an electronic context? it remains to be seen but it will be something i'm certainly watching out for.
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>> host: speaking of political books, coming out is pulitzer prize-winning "washington post" rice winner david merritt x.' book on barack obama, barack obama, the story, it's called. what have you heard about this? >> guest: well, i believe this has been in the works for at least a couple of years. i mean as with any book about any major political figure like the sitting president it will be interesting to see not only what new information he uncovers but whether that new information will remain in bar code or secretive the way until the book's publication nor will it be leaked out to various other publications well in advance to drum up some advanced attention? so certainly will be it will be interesting to see what this book will uncover about barack obama. >> host: that is due out in june of 2012. another partial memoir they came out this year, michael moore, here comes trouble.
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how did this to sarah weinman? >> guest: the impression i got is it again did rather well but didn't quite measure up to his previous books. granted moore has not published in book form for well over a decade, so the announcement of a new book was certainly greeted with some, no small degree of fanfare. he was also at the book expo american trade show, reading an excerpt from his book and i do know that their reaction from booksellers and other industry people in the crowd was by and large positive, so certainly that i think led to additional coverage as the book was released. >> host: both ann coulter and michael moore appeared this last year on booktv's in-depth. again booktv.org is the place to go if you want to watch that on line. just go up and use the search function in the upper left-hand
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corner, type in the author's name and you can watch it on line. sarah weinman if people go to "publishers marketplace."com, what will they find there? >> guest: well they will be able to find the youth log in which we look at the top stories of the day. "publishers marketplace" also has a deals database. we also have many other databases related to bestsellers and reviews. is basically an on line exchange for all things related to the book publishing industry and for the book publishing community. >> host: two other books that came along, a little off the beaten path so to speak, and if you could speak to these as well. beginning with amanda foreman, a world on fire, britain's crucial role in the american civil war put out by random house this past summer and candice millard, destiny of the republic, tale of madness, medicine and the murder of a president by doubleday. >> guest: well what i can speak to is the fact that oath
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of these books i believe believe have appeared on berry is bliss. i believe the foreman made "the new york times" book review or perhaps the daily publications 10 best lists so certainly looking back at history perhaps the appeal of these books is just if we know what went on many decades or centuries before us, perhaps we can glean some wisdom as to what has been happening now. certainly when i read looks on history, one of my favorite looks here for example is robert k. matthews, the great biography and here is a woman who had to contend with you know, monarchy related imaginations and a coup that took her husband out of power so that she could ascend to the throne and also just trying to find a way to overcome the surf problem unsuccessfully as it turned out. so there are certain politically
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demonic and historical antecedents to what we can look at today and try to figure out if we learned anything from those centuries past. in some cases we have and we are thankful that we do. in many cases, not so much. >> host: you also put on your list that we asked you for it in advance of this taping, you also included t.j. english, the savage city. what is that look about, sarah weinman? >> guest: english was chronicling new york during 1963 in 1973 and what i really like about it is that he was looking at the city in tremendous turmoil. there was one case of a black man who was accused of the brutal murder of two women and away he the way he was treated by police was just, it just was not right. and ultimately it turned out that he was not the culprit but it would take several years to work its way through the courts before he was ultimately exonerated. he also contrasted this against the rise of the black panthers,
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especially in harlem. so it was just really interesting for me to learn about an aspect about the city that i knew something about but not enough to have any real knowledge of it. i just thought that it really enriched what i know and love about new york and also how it has changed as well. i mean, one can only look at times square as the billboards and the loudness and just the sense of total corporatism and contrasted with the seediness that predominated in the 60s and 70s and even in the 80's. >> host: those are two of sarah weinman's picks for 2011, robert matthews catherine the great and t.j. english, the savage city. well we touched on economics a little earlier sarah weinman bets several major works of economic looks came out and i just want to show a couple here beginning with michael louis, boomerang, travels in the new
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third world, sylvia master, grant pursued a the story of economic achieving. grants us sign and gretchen morganton and joshua rossner on reckless endangerment, how outsized ambition and greed and corruption led to economic armageddon. >> guest: well, i think and all those instances and i would even include nassar in this because even if she is looking at the history of modern economic thought she is trying to trace the roots of how we got to where we are in this post 2008 crash world. so michael louis of course, you done the big short which sold tremendously well in and is still selling tremendously well. meringue is a continuum of pieces he did largely for "vanity fair" were he traveled to other countries. i believe he went to germany and i believe he went to dubai to kind of look at how the economy was oath affected and effected by what was happening in those
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outposts as well. and he was talking about the treasury department as well as the topic of his bankers and telling area stories that might help to illuminate why the economy tanked so tremendously in 2008 and why we are still recovering from this. and also whether there are still some not unexploded bombs that are set to drop anytime soon. the same i think would go for the morganton and rosner too. there were a number of books that are to come out but i think we are still going to see several more volumes that are trying to make sense of what led to the economic crash, what led to all sorts of malfeasance and the bailouts and all of those things, which certainly not only america but every other place around the world is trying to get a grip on.
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one need only look at what is happening in europe at the moment with the precariousness of the eurozone, to see that we are nowhere near out of the woods and sometimes books are the best way to kind of get a sense of what is going on and perhaps anticipate what will happen next. >> host: one history book on economics it came out as mary gabriel's love of capital, karl and jenny marx. this one did quite well, didn't it? a gut notable in several different lists, etc.? >> guest: it also was nominated for the national book award. i mean, it to my mind, how can you not win by combining the story of karl marx and his wife against the larger backdrop of the changing economic times and how his theories about socialism which lead to communism, contrasting love and money is a great way to find a way in to write a biography. it sounds to me like gabriel
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spent a great deal of time parsing everything about the marxist relationship but also what marx worked on and it is certainly a very thorough volume as a result. >> host: we have only got a few minutes left sarah weinman and i wanted to look ahead to 2012. here are some is some book titles that booktv as tracking, coming out in the next couple of months including south carolina governor nikki haley's can't is not an option, my american story and that is being published by sentinel press. neal degrasse tyson is coming out with space chronicles in february, zbigniew brzezinski strategic visions america the crisis and global power and robert caro is coming out with the years of lyndon johnson, passage empower. that is coming out at me and that is the fourth in his lbj biographical said. sarah weinman what has caught your eye for early 2012?
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>> well certainly caro. remember when can often make the announcement, think i did the virtual equivalent of the happy dance. mean his books are so good. he just managed to document every depth of lyndon johnson so far and of course his first book the powerbroker about robert moses caused a stir and continues to be a watershed benchmark for how to write a biography. so understandably, this new volume, which i believe still only gets us into the vice presidency and not even into his presidency proper yet, so even though caro, who is not getting younger by any stretch of the imagination has been working on lyndon johnson for almost three decades i believe now. his next volume he is going to have to address the presidency and will be interesting to see how quickly he will be able to produce it. so certainly, think this fourth volume is exciting on its own
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but it's also exciting for white additional research and scholarship and a materials fee will be able to present about lyndon johnson's presidency some years down the road wind. >> host: finally let's return to where we began sarah weinman. the publishing industry and what changes are we going to see in 2012 and i know that's kind of a question, but what are you going to be looking for? >> guest: well i think, it's more i think a very complicated question. certainly, it will be very interesting to see how amazon contends with the publisher. for example as i noted earlier in the broadcast it has a new new york based division, but it also has several imprints mostly focused on genre based out of seattle. so what i'm wondering is whether amazon's culture of essentially looking at data and algorithms, how it will contend with a more
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traditional publishing type of imprint, which is what the new york face one is. another thing with respect to amazon is that for the moment, because they are so content to have exclusive, will they be able to get their books that barnes & noble? i think a good example is what happened with that title called the hangman's daughter which actually was one of my favorite crime thrillers of 2011 and the e-book edition will sold more than 250,000 copies. then they expect to deal with mifflin harcourt to produce the trade edition. the trade edition sold alright, think about dirty thousand copies all told that it wasn't stocked widely if at all in barnes & noble because barnes & noble got into we are not going to stop books that are only available exclusively on a digital level. we want a chance to have her own
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digital edition. so what we may be seeing are more exclusive deals, not just with amazon but barnes & noble have done some as well and other retailers may be trying to intern -- will there be more stratification of how books are published? will we also see authors opts to leave the publishing houses for different pastures be a fully self-published or in some partnership with the larger retailer? it remains to be seen. will we see barnes & noble reduce the number of stores? that maybe a prospect as well. it will just be interesting ultimately to see how further the digital marketer will grow especially after christmas and whether the decline will be able to be offset by the gross in digital. >> host: sarah wyden is wyden is the news editor at
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"publishers marketplace." thank you for being on booktv and helping us with our 2011 year in review. her web site, "publishers marketplace."com. you can also go to booktv.or if you would like to watch any of the authors or many of the authors that we have talked about in the past hour. ms. weinman and thank you for joining us from our new york studio. >> guest: thanks so much for having me on again, peter. a week -- and the cookies and
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super cookies to track where internet users go on the web. "wall street journal" technology editor julia angwin joins us concerning legislation on how internet users are tracked. >> host: we would like to introduce you to people who write about and think about telecommunications issues, internet trends and the public policy behind all of that. today, we are pleased we are pleased to introduce you to julia angwin. she is a senior technology editor with "the wall street journal." she joins us from our new york studio. ms. england there is a series in "the wall street journal," rather frequent series in "the wall street journal" called what they know. what is that serious about? >> guest: hi, thanks for having me on. of a series of what they know launched last year, and it's really about privacy in the digital age. we started off by wi

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