Holtzbrinck, the German publisher who owns MacMillan who owns Tor is presumably on board with this, so I guess the numbers work.Īs somehow outside of publishing I won't even pretend to understand how a model like this returns a profit, but I guess it must, somehow, since they all do it. Either they have lots of money to burn or they've just put a millstone around their collective necks. Salaries, utilities, and, oh, yeah, author royalties, possibly. How much of that rent is allocated to Tor I have no idea, but it must be somehow.Īnd note that that is before any other expense they incur. ft in rent, MacMillan is paying $1.3 million a month in rent alone, and is probably paying more, since the article says 'mid $50s' for sq. The new campaign will be rolled out via the Bookseller’s Association.MacMillan (including Tor, one of their imprints) is relocating their offices from the Flatiron building to the financial district in New York. Tor President Fritz Foy said: “Independent booksellers have always been our lifeblood and the key to our authors long term success, and we are so excited to be able to include for the first time UK stores in our promotional efforts.įounded in 1980, New York-based Tor Books is an imprint of Tom Doherty Associates, owned by Macmillan Publishers.įreelance book publicist Jamie-Lee Nardone will head-up the initiative in a newly-created role to drive sales of Tor titles in the UK. Each will get two complimentary copies along with posters, book plates and pin badges, and prizes including staff treats for the entire store. American science fiction and fantasy imprint Tor is giving independent bookshops in the UK free copies of its titles in a new campaign.īooks including Magic for Liars by Sarah Galley, set in a private academy for mages, epic fantasy Fate of the Fallen by Kel Kade, and Robert Jordan’s never-before-seen first novel, Warrior of The Altaii, are being offered to stores with an interest in the genre.

Who owns tor books