A Deal, a Pilot…and the Future of B&N

So, this is just a random grab-all post that covers what my net nosiness turned up today.

  • Harlequin Teen has signed one of its bestselling authors to a seven-figure deal. Julie Kagawa, who writes the Blood Eden and Iron Fey series for the imprint, has inked a multibook contract for a new series. Harlequin said the new books will offer a contemporary story featuring “mythical creatures.” Agent Laurie McLean at Larsen Pomada Literary sold world rights to Natashya Wilson. The first book is the seriesis set for 2015. Iron Fey unfolds over five books and three novellas and has, Harlequin said, been published in over 20 countries; film rights to Blood Eden, the second book of which is coming in May 2013, have been optioned by Palomar Pictures.
  • The Fox Network has ordered a pilot based on Lauren Oliver’s popular Delirium trilogy, just ahead of the March 5 release of book three, Requiem (Harper). Writer/executive producer Karyn Usher (Prison Break) wrote the pilot that was approved, and The Mazur Kaplan Company (as in Mitchell Kaplan of Books & Books) is executive producing along with Chernin Entertainment and Twentieth Television.In addition to soon being able to watch Delirium on the small screen, fans of Oliver’s work will get a bonus short story, “Alex,” if they buy a copy ofthe first printing of Requiem.Delirium Stories, originally published as digital novellas, will also be released in paperback on March 5, as will an e-book that focuses on the leader of a rebel group in the Wilds, Raven. An original digital story about Lena’s best friend, Hana, came out last February.
  • Barnes & Noble has reacted to an article in the Wall Street Journal that quotes B&N retail group CEO Mitchell Klipper as saying the bookstore chain will have 450 to 500 stores in 10 years by stressing that the company’s management “is fully committed to the retail concept for the long term.” A spokesperson noted that B&N has been closing about 15 stores annually for 10 years, a figure that includes a number of unprofitable stores as well as some relocations.

    “The numbers reported today by the Wall Street Journal are consistent with analysts’ expectations,” the spokesperson said. B&N has cut back on store openings in part because developers are opening fewer malls as well as the impact of the sale of digital books .In the last 12 months, B&N closed or announced closing of such high profile outlets as New York City’s Greenwich Village on 8th Street, two outside of Dallas, and ones in Austin, Chicago, and Seattle. The closing of the B&N at Union Station in Washington, D.C., was much lamented. Then came a reprieve, which fell through; it will close at the end of next month.

Sometimes I wonder if the next generation will even know what a bookstore is at all. If huge American cities cannot support a brick and mortar store, what chance is there for the smaller markets to keep theirs?


4 thoughts on “A Deal, a Pilot…and the Future of B&N

  1. nightowlinil says:

    That happened a few years ago in the area where I live (western IL) – our only physical bookstore (B. Dalton) was closed (even though it was popular and profitable). To get to the only other bookstore, people around here would have to drive 1 1/2 hours {one way}. The former manager of the B. Dalton got a loan and was able to open an independent bookstore. While it’s not quite the same as a chain store, he can order almost any book for you if they don’t have it {and pre-order too}. I can’t imagine not having the option/opportunity to look up/find books in a real physical bookstore (since paperbacks are my preference).

    • kaleigha says:

      That is where I am at – the closest bookstore is almost 2 hours away. There is no chance to browse a bookstore around here at all.

  2. Erin says:

    I agree. I shop at my local used bookstore which has been around for 30 years but they are reall y struggling. To go inside a door and be surrounded by books – ah, that is paradise. I love online book shopping but it’s not the same. Our B&N closed down a few years back. We still have a Books a Million here, which is a big chain in the south. But they are too pricey to buy much from, although I love their clearance and discount aisles. They offer a lot of books there. I like the atmosphere as well but preferred B&N

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