Just Your Average Weekly Boring Update

Publishers Weekly just announced that despite the doom and gloom that publishers would like us authors (and you readers) to believe, 2010 was a very profitable year. Random House sales alone last year were the largest gains since 2006, before the economic crisis set in. Penguin reported that they were in record earnings and had an operating margin of above 10%. This is excellent news.

Even better, ebook sales at Random House jumped 250% over the previous year. That's an insane increase...