Tuesday, December 11, 2012
Random House employees get $5,000 bonuses, thanks to “Fifty Shades of Grey”
Random House CEO Markus Dohle announced at the publisher’s Christmas party on Wednesday that he would award $5,000 bonuses to every member of his staff, from “top editors to warehouse workers,” reports the New York Times.
Bonuses are an elusive beast in the beleaguered publishing industry. As early as 2008, New York magazine was publishing reports on the industry with titles like “The End.” Things haven’t improved much since then: In November, HarperCollins laid off 200 people, Businessweek reports, and Lagardère, the parent company of publisher Hachette, announced that revenues were down 1.4 percent for the first nine months of 2012.
That could explain the Internet mania over this $5,000-bonus. Or it could have to do with the widespread derision many people feel toward the bondage-ridden “50 Shades of Grey,” which has 4,500 one-star reviews on Amazon and has been widely condemned as poorly written, anti-feminist, or some combination of the two.