4.5 • 705 Ratings
🗓️ 25 June 2020
⏱️ 10 minutes
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| 0:00.0 | Hi, I'm Dampra Mac, and welcome to Axios Recap, presented by Facebook. Today is Thursday, June 25th. |
| 0:09.1 | Bank stocks are up. Coronavirus vaccine developer Moderna has seen its stock go down, which will explain |
| 0:15.3 | later, and we're focused on what happened after black-owned bookstores went viral. |
| 0:21.6 | In the midst of weeks of Black Lives Matter protests following the death of George Floyd, |
| 0:25.6 | lists of anti-racism books and of black-owned bookstores began appearing all over social networks like Instagram. |
| 0:32.6 | You might have seen some of them. I certainly did. Now, the proprietors of those bookstores |
| 0:36.6 | are trying to fill hundreds of thousands of orders, often for just a handful of titles. Now, the proprietors of those bookstores are trying to fill hundreds of thousands of orders, |
| 0:39.6 | often for just a handful of titles. |
| 0:41.3 | Now, this sounds great in theory, and it was certainly well-intentioned. |
| 0:45.2 | But in practice, this is much more complicated. |
| 0:48.2 | Many of the booksellers simply don't have enough of the specific books listed on those |
| 0:52.3 | posts. |
| 0:53.2 | So they order more. But publishers don't have enough in stock. So listed on those posts. So they order more, but publishers |
| 0:55.3 | don't have enough in stock. So the publishers call their printers who now are rushing to catch up. |
| 1:00.0 | In the meantime, customers wait, and in some cases, vent their frustrations on, you guessed |
| 1:05.8 | it, social media. Again, this is a challenge that involves the entire publishing food chain, but most of the |
| 1:12.0 | spotlight has been on bookstore owners like Danielle Mullen, the founder of semi-colon books in |
| 1:17.0 | Chicago. She spoke with the New York Times earlier this week and wants to push back against this |
| 1:22.2 | idea that the situation has, quote, overwhelmed proprietors like herself. We'll talk to Danielle in 15 seconds about how |
| 1:29.2 | her shop handled the initial shock of the pandemic and the current deluge of orders. But first, |
| 1:34.7 | this. We're joined now by Danielle Mullen, the founder and proprietor of semicolon books in Chicago. |
| 1:44.2 | Let's start out before the protests. |
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