OLD Media Moves

Author on Bloomberg Press closing

November 23, 2009

John Wasik is a personal finance columnist for Bloomberg News, and his last two books, “The Cul-de-Sac Syndrome” and “The Audacity of Help: Obama’s Economic Plan and the Remaking of America,” have been published by Bloomberg Press, which announced Friday that it was closing.

Here is what Wasik had to say about the closing:

“They said they might sell their list or find some other way of winding down the division and offered to place the publishing staff elsewhere in the company.

“For my part, having published 13 books, my publishing experience with Bloomberg Press was the most positive and professional experience I’ve ever had. The small staff was committed to their titles, listened to my marketing ideas, contracted with outside specialists to do internet and radio promotion and  didn’t abandon me when I had more review copies to send out long after the pub dates.

“They were excellent to work with under some pretty trying circumstances. I had more interaction with their marketing team than any other publisher in 22 years of writing books. That’s a rarity, considering how much the business book market is hurting.”

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