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Olson D Day
May 5, 2008
Olson D-Day
I can’t help thinking there’s something kind of poetic, even Biblical, about the way it was announced today that Random honcho Peter Olson was stepping down. While sources citing the poor performance of Random of late, the language was as strong as it was nearly a decade ago when Olson fired the revered (if feared) editor, Ann Godoff. He was a tough guy then, that Olson, and he apparently is falling on the same sword he used to cut a swath through the publishing house. Who can forget the New York Times piece by Lynn Hirschberg in which Olson showed himself to be just a tad on the heartless side when it came to protecting his bottom line.
It must also be said that PW had this story, a month ago, on tips we got at the LondonBook Fair. But everybody and their brother swore it wasn’t so, even though our inside sources said it was. We behaved honorably and carefully, and didn’t print it.
But it sure feels good to have been right, even if we couldn’t say so at the time.
Posted by Sara Nelson on May 5, 2008 | Comments (5)