First, PW reported Peter Smith Publishers, "one of the last remaining reprint houses," will close down at the end of April.
The company's president, Mary Ann Lash, gave the following reasons for why PSP was closing:
The primary reason, she said, is Google's plan to make books available electronically. The economy has also taken a toll, especially on PSP's main customers, libraries.In addition, PW directed readers to a New York Times article on Monday titled "Death of the Bookplate?" Author Alex Beam, writing for the Yale Alumni Magazine, mourns the passing of the bookplate:
“This books belongs to . . . no one.” Welcome to the future, a less intimate and a less ornamented place.Go here to read the Yale article.