Sinking ship pays $1 million to stay afloat!!!

[ellen_datlow]

I just read in Publishers Weekly that new Borders CEO Ron Marshall will get $1 million base salary plus signing bonus for the first of his three year contract. Then, for the next two years he only gets $750,000. Gee, I'm definitely on the wrong end of publishing.

Comments

[pm-again.livejournal.com]

Borders, like B&N, has a paperback line of classics. Essentially, public domain works that they offer at a relatively low price.

But nothing mean intended on my part. I know cats always land on their feet!

[ellen-datlow.livejournal.com]

I didn't know.

(and I didn't take it that way ;-) )