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The writer states: book publishing is notoriously, uniquely unprofitable, within the media world Is he kidding? Macmillan occupies the famous Flatiron Building
by nhebb 17y ago
The writer states:
book publishing is notoriously, uniquely unprofitable, within the media world
Is he kidding? Macmillan occupies the famous Flatiron Building on Fifth Ave. in Manhattan. (It's the narrow triangular building shown in a lot of movies and TV shows.) If they can run their operations out prime real estate like that, then they are either profitable or mismanaged.
- cstross 17y agoAhem: Tor (who are my publisher -- I've visited them there) occupy one of the 22 floors of the Flatiron, along with their fifty staff (total) who publish 300 books a year. They rent, the building's been bought, and they've been served an eviction notice of sorts -- the lease almost certainly won't be renewed; they can't compete with the hotel chain who want to turn the Flatiron into a des. res. The Flatiron may be famous as the first steel-framed skyscraper (and the view from Tom Doherty's office at sunset is awesome -- the Empire State Building, backlit!), but it's an elderly and rather badly maintained building.