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Home > Blog > Publisher Leaves NY! Stop the Presses!
Out of Our Minds
Tuesday, April 12, 2005 8:53 AM
Publisher Leaves NY! Stop the Presses!
Anita Sharpe on Business

A major New York book publisher, ReganBooks, is heading to Hollywood and the news was stunning enough to warrant front page coverage in the New York Times.

Says the Times: 'The move could shake up an industry that has long operated in a parochial, Manhattan-centric fashion, even as technology has made the location of a company less important.' Ah, indeed. Of course, Ted Turner proved that in spades 25 years ago when he launched a global news network out of Atlanta of all places -- and this was well before laptops and cell phones.

Yes, we can operate companies from just about anywhere these days. There is still a lot to be said for communities of labor and like-minded people, but beyond that , there is no reason that companies couldn't set up shop in places such as the beautiful outer banks of North Carolina, for instance. Something tells me the ReganBooks move is just the beginning of people and companies seeking out more space, cheaper prices and better weather.


John Frost - 4/12/2005 9:04:30 PM
Having just moved to Orlando, Fl I'm suprised at the number of publishers that are already here. Of course many have offices in the big cities as well, but magazine publishing is flourishing here. I'd certainly welcome more publishers to move here and enjoy the quality of life Orlando affords.
Robert - 4/12/2005 2:33:42 PM
I agree Ted Turner deserves more credit than he gets, and perhaps Judith Regan does too. I'm skeptical that Regan worried excessively about the cost of New York office space, or the cost and quality of her New York-based staff. Other publishers may need to be in walking distance from the Council of Foreign Relations, hers isn't one of them. Perhaps she sees what Howard Schultz of Starbucks means when he says he's not in the coffee business, but rather he's in the people business. Regan isn't in the book business, she's in the entertainment/pop culture biz, and that being the case, LA is good a place as any to hang her hat.
martin - 4/12/2005 9:08:39 AM
Anita -

There's a great piece in today's NY Times on Hugo Boss that's in the same vein. It seems that when they decided that they 'had' to be in Milan thinks went directly to hell. Returning to their tiny podunk location was one of the ways they saved themselves.

I run a firm that's not in NYC, LA or Chicago. And I do run into the 'you do that from Atlanta'? comments from time to time. As much as I love all of those places, I've found that when a client moves past the outward appearances, they actually think it's incredibly cool to work with folks in different locales.


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