Behind the Curtain

Last week, I wrote about McSweeney's sale to cover debts incurrred during the bankruptcy of their distributor. This week salon.com has posted a full article, going into all the details. If you're interested in the behind-the-scenes financial aspect of publishing, it's a must-read. My only comment: the article is perhaps a little too upbeat in its belief that the internet will be the salvation of struggling small publishing houses.--David E