9781844676804-words-and-money-us

Words & Money

A publishing luminary analyzes the crisis of the media and considers the alternatives.
Ten years after the publication of The Business of Books, his groundbreaking critique of conglomeration in the book industry, André Schiffrin turns his attention to the broader crisis in the media. Just as corporatization and the lowest-common-denominator pursuit of the bottom line have had a parlous effect on publishing, media consolidation has contributed to the ongoing demise of serious journalism in newspapers, magazines, serious broadcast news, and online journalism. Schiffrin compares the media crisis in the United States to the situation in Europe and across the globe, and he demonstrates how the American corporate model has extended its reach. But he also describes and considers a range of alternative policies culled from many countries that, if pursued, could help to save journalism and the media in the US. This is a superlative essay that will make everyone seriously interested in the media and publishing think again.

Hardback, 144 pages

ISBN: 9781844676804

November 2010

$23.95 / £12.99

Reviews

  • “André Schiffrin, a distinguished former New York publisher, has been throughout this decade an indispensable, if rather pessimistic, guide to life after a cultural apocalypse, first in the much-admired The Business of Booksand now in Words and Money. There's a lot that's passionate and useful in Schiffrin's anguished analysis.”
  • “A masterful assessment of the media crisis of our times and a roadmap to workable and effective solutions. This elegant essay is intelligent, informed, reasoned, and humane—exactly the book the world needs at this time.”
  • “A utopian vision, to be sure, but a refreshing one.”
  • “This book reads like a novel. Schiffrin continues to sow ideas for saving the independence of the press, the cinema, and bookstores. Visionary as always.”
  • “A lifelong promoter of independent media, André Schiffrin again leads the charge in Words and Money, offering a host of original and valuable ideas about one of the critical challenges of our day—saving books, movies, and news in an era of chains, blockbusters, and the internet.”
  • “Schiffrin shows how media consolidation is pulling the teeth of serious journalism, and how it can get its bite back.”
  • “Masterfully written and extremely thought-provoking, this work should stimulate a much-needed dialog among those interested in the communications and publishing field.”
  • “A sophisticated voice of reason.”

Blog

  • André Schiffrin on the future of the press and publishing

    For thirty years André Schiffrin was the publisher of Pantheon Books. Over those three decades, he observed the conglomeration of the book industry, a process he analysed in The Business of Books. In 1990 he left Pantheon to develop a new, non-profit model of book publishing, founding The New Press. Last year, Verso published Words and Money, in which Schiffrin turns his eye to media corporatisation and consolidation, describing the crisis and evaluating the alternatives.

    The White Review—itself an example of non-profit media—spoke to Schiffrin about his own groundbreaking publishing history and what might be the way forward, out of the current, dire state of books and news.

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  • Schiffrin and Gessen now live on C-Span

    For all those who missed André Schiffrin in conversation with Keith Gessen at The New School in New York: C-Span's taped coverage is now live online. Schiffrin, founder of The New Press, and Gessen, editor-in-chief of n+1, spoke about Schiffrin's career in publishing, how today's publishing moment feels different from those of the past, alternative publishing models, and Schiffrin's acclaimed new book, Words and Money.

    Visit C-SPAN's Book TV to watch the interview.

  • "He's got the words, but who's got the money?"

    André Schiffrin speaks to Ruadhán Mac Cormaic, Paris Correspondent of the Irish Times about Words & Money and whether publishing companies continue to support serious writing with "the printed word under siege."

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