Category Archives: future of publishing

May 08, 2013   Miriam   authors, contracts, future of publishing, marketing/publicity, Miriam, publishers, Publishing, relationships  
6

The longview…

It’s probably the worst kept secret in publishing that DGLM has been successfully repping a lot of Indie authors.  In fact, the recent RT conference was filled to the rafters with our clients (prompting a delightful voicemail message from Larry Kirshbaum of Amazon to Jane…but more on that in another blog post or over drinks at BEA).

We’ve learned a tremendous amount from these authors about how to successfully self-publish and these lessons have  direct and significant application to traditional publishing.  The smarter houses have committed to a partnership with us and our clients, showing tremendous vision and flexibility in the way they have modified their systems to accommodate the special needs of people who can sell oodles of books on their own, thank you very much.

Simon & Schuster, HarperCollins, Grand Central, and PenguinUSA have all been aggressive in offering huge deals that are enticing to our authors not just because of the money involved but because of their afore-mentioned flexibility in terms of publishing schedules, contractual terms (including options and non-compete clauses), marketing and promotion, and their genuine desire to help grow these writers’ careers.  And, here’s where the partnership aspect is important.

Some Indie authors are looking at what these publishers are offering and scoffing, especially if the advances being discussed are less than seven figures.  They think, and rightly so in most cases, that they can make that money themselves without giving such a huge percentage to a third party.  They also feel (again, rightly so in most cases) that they can market themselves more effectively than a house that is publishing hundreds, if not thousands, of books per year.   But, as we’ve often discussed on this blog, that’s a shortsighted view because of the intangibles.

The beauty of and frustrating thing about publishing is that it has never been an exact science—and given how many English majors work in this business, that’s hardly surprising.  So much of what succeeds in our world is due to serendipity and that most fickle of all phenomena, taste, that it’s impossible for a publishing “formula” to  show  a higher rate of success than, say, Derek Jeter’s batting average.    But, despite that, publishers offer a wealth of intangibles that are actually quite measurable over the course of a career, among them editorial support, an understanding of the book buying marketplace that is more macro than micro, a team of professionals whose job it is to make the author look good, a belief in books that is almost evangelical, and a brand identity that has evolved over centuries and that will continue to do so.

So, when an Indie client says to us, what can Publisher X do for me that I can’t do for myself, my answer would be, they can help you establish and grow your career with a goal toward longevity.  Given our success with negotiating non-compete and option clauses that allow Indie authors to continue to self-publish while they are working with a traditional house, I honestly don’t see the downside to also having a publisher’s imprimatur as an adjunct to your own publishing efforts.  I do, however, see how having books published by S&S or HC or GCP can enhance your brand and raise your visibility among readers.  Given how crowded and competitive the Indie marketplace has become, I would be heartened to see that an author has been or is published traditionally when deciding whether to buy his/her book.  I think many readers feel the same.

The bottom line, of course, is that as with all of our clients, we want our Indie authors to have long, prosperous publishing lives and we feel that, under the right conditions, a trade house can be an invaluable partner in achieving that goal.    I’d love to hear what you all think about this because it is a subject that I’m becoming very passionate about.

 

 

April 17, 2013   Stacey   fun, future of publishing, selling, Stacey  
2

Where else can we buy books?

I just got back from a wonderful week in Los Angeles visiting Disneyland with my family. It is such a magical place.

Of course, being the book person I am, it struck me as surprising that there were so few books available for sale at Disney. They have a gazillion shirts, mouse ears, key chains, and tons of other Disney-marketed paraphernalia, but where are all the books? I recall seeing one shop that had a few books. My goodness, they should have a bookstore at Disney! I would have gladly bought a few keepsake books for the kids.

It got me to thinking about other places that should sell books and don’t. I mean, the market has changed so much that traditional bookstores, although they still provide an important sales outlet, are not the only place successful books are sold. Over the last few years, books have made their way into Costo, Target, Crate & Barrel, and Anthropologie, to name a few. These additional outlets are incredibly helpful from a sales perspective.

And I think we all need to start thinking outside the box to find new outlets to sell books. What about movie theaters? I’d totally buy the book version of a movie I loved if I didn’t already own it.

I recall years ago a client of mine who wrote a cookbook about rotisserie chickens called Rotisserie Chickens to the Rescue had the brilliant idea to sell the book alongside rotisserie chickens at supermarkets. If ever there was a place to sell cookbooks, supermarkets are an obvious choice!

So, Disney, A&P, and Clearview, can we work on selling books to your customers? And where else would you like to see books sold? I bet we can come up with some really great ideas.

March 26, 2013   Yassine   digital publishing, e-books, future of publishing, opinion, technology, trends, Yassine  
3

Creatures of Habit

Over the weekend my roommate was showing me an app on his smartphone, one that analyses your sleeping pattern. You place your smartphone in bed and by charting your movements the app is able to determine whether you are in a deep sleep state or a light sleep state. The app then programs your alarm to wake you up in the light sleep phase closest to the time you wish to wake up, thus ensuring that you will start off your day bright eyed and bushy tailed.

What interested me about this device however is that its output consists of graphs, numbers and statistics, data which does not visually reflect the more subjective and emotional side of sleep, which is dreams. Does the empirical complement or explain the ethereal? Can raw data explain why I always miss the last minute winning goal for my boyhood soccer team? (It’s a recurring dream, so I’ll always get another chance).

With this swirling around my head, I was drawn to this article on the Guardian. The article posits that e-books are a different genre from print books because, “With the book, the reader’s relationship to the text is private, and the book is continuous over space, time and reader. Neither of these propositions is necessarily the case with the e-book. The e-book gathers a great deal of information about our reading habits: when we start to read, when we stop, how quickly or slowly we read, when we skip pages, when we re-read, what we choose to highlight, what we choose to read next.”

To link my personal anecdote with the article – will the e-book and its possibility to trace and digest our preferences change the role of our relationship with books? Much like the alarm being set to suit the sleeper, will the e-book become malleable to the reader’s preferences?

I am still chewing this over and over. I see the journalist’s point, that by being able to extrapolate a reader’s reading habits through an e-book we would be able to see what kind of reader we are through a set of data, that can then be used to adapt the text, “If 50% of readers stopped reading you postmodernist thriller at page 98, the publisher might recommend that for Version 2.0, the plot twist on page 110 be brought forward.”

It is indeed an interesting perspective to the future , but is not yet the reality, which is why I am still mulling over the possibilities over private vs. public reading habits. In the meantime, let me know what you think of this article. Is this the way you view e-books? I’ll get back to you in a future blog post with more thoughts on this debate and I’ll let you know if I ever score that winning goal!

March 13, 2013   Miriam   agents, bestsellers, fun, future of publishing, Miriam, publishers, Publishing, writing  
3

Go with the flow

I’ve been mired in contracts lately which means countless iterations of the same conversation:

Me: “We want X, Y, Z.”

Contracts director: “No.  We can’t agree to that.”

Me: “If you don’t give it to us, we’ll walk.”

Contracts director: “Fine, we’ll give you X and Y, but you’ll have to pry Z out of our cold dead hands.”

Me: “What was Z again?”

Multiply this by three or four contracts a week, reams of e-mails, and some name calling, and you’ve got my life in a nutshell.  At this point, the process is so predictable, I could create a flowchart that pretty much tells you the probable outcome of any negotiation.  Which is what tickles me about this delightful infographic that Galleycat reposted yesterday.

As fast as the publishing industry is changing, some things remain wonderfully constant: Authors’ hopes and dreams either coming true or being crushed into oblivion; insiders trying to game the system; agents, editors and publishers working hard and failing roughly as much as professional baseball players; heavy drinking regardless.

You’d think we’d get bored.  But really, it’s such a thrill when all the stars align and the editorial and development work, the tedious nitpicking of contract terms, and the snarky, despairing, bombastic communications result in a book you’re proud of (and which is sometimes profitable), that you end up just feeling grateful to be part of the process.

What’s your favorite part of the flowchart?

 

 

 

February 13, 2013   John   fun, future of publishing, inspiration, John, opinion  
3

Taking her time

A little post on New York Magazine’s Vulture Blog caught my eye. It seems that after 11 years after The Little Friend, Donna Tartt is coming out with a new novel this fall—which is just about the same gap as between The Little Friend and her famous debut, The Secret History.

Doubtless the anticipation for the new book, entitled The Goldfinch, will heat up when it gets closer to its October publication date. But I was tickled that even the initial Amazon listing merited attention, because it highlights one of the things I love about the book biz—that readers are willing to wait, and in Tartt’s case, to wait a loooong time.

I mean, what other media or cultural event can sustain that kind of lag time anymore? I suppose there’s a lot of excitement out there for Star Wars VII right now, but there have been a ton of other Star Wars material to keep the franchise relevant since the last movie back in 2005. On the other hand, the band My Bloody Valentine just released their third album after a 22-year wait, and while the band’s fame and influence has exponentially increased over that time, from what I can tell the reaction has been muted, at best.

What’s especially heartening about the Tartt news is that with the rise of ebooks, we’re constantly told that content is king, and that you need to produce new work continuously or else the world will pass you by. And yet, an author like Tartt can wait over a decade to publish a new novel, and it still makes headlines—and better yet, gets readers excited.

Are YOU excited for The Goldfinch? What other authors have you been waiting on for a long time now?

February 07, 2013   Jessica   e-books, editors, future of publishing, interview, Jessica, Uncategorized  
5

Golden Age?

A few days back, NPR did an interesting interview with Little Brown publisher Michael Pietsch, best known for being the editor of authors like David Foster Wallace and James Patterson, who is just about to take over the helm of the Hachette Book group, one of Publishing’s “big six” conglomerates.  His declaration that we are now in “the golden age of publishing” might strike you as Panglossian delusion, or—if you are me—maybe, just possibly, a little bit true.

I suppose, as Zhou en Lai said about the impact of the French Revolution, it’s too early to say.  Pietsch is a persuasive spokesman for what the new indie publishing movement might regard as the ancient regime.   It’s true that he’s not all that likely to rail about the benefits of creative destruction—but he made some good points.

“What has changed in a really exciting way is the ways you can get people’s attention. It used to be one book review at a time, a daily review, maybe you get into Time magazine. Now there’s, with the Internet, this giant echo chamber. Anything good that happens, any genuine excitement that a book elicits can be amplified and repeated and streamed and forwarded and linked in a way that excitement spreads more quickly and universally than ever before. And what I’m seeing is that really wonderful books — the books that people get genuinely excited about because they change their lives, they give them new ideas — those books can travel faster, go further, sell more copies sooner than ever before. It’s just energized the whole business in a thrilling way.”

I do agree with Pietsch. But it’s also true that the internet is so vast, fractured and compartmentalized, that lighting this wildfire word of mouth—getting something to go viral—is harder than a status update and a clever tweet.  Once upon a time, back in the (possibly mythical) days of the “monoculture,” when most Americans had some shared sense of big books, popular musicians, and hit TV, Time magazine had a huge subscription base—a review there, or a spot on a leading morning show could launch a book into best-sellerdom.  This is still true to a certain extent, but I have heard plenty of publicity directors note (and sometimes mourn) the demise of the old certitudes.  It seems to me that publishers see the potential of our new paradigm, where newspaper book reviews are few but book bloggers proliferate and readers can rave about their favorite authors to a potentially unlimited audience, but are still figuring out just how to leverage it. Publicity and marketing plans includes online marketing and social media, but publishing houses are a long way from mastering these new tools.

As you all doubtless have heard, cultivating an on-line presence is regarded as much the author’s duty as the ability to write.  This can feel a bit burdensome, but it’s also true that authors have greater influence over the fates of their books then once they did.  Most authors were never in a position to call up a Today Show producer and pitch their stories, but they can, with diligence and work and a pinch of luck, try to connect their book with its readers.

What do you think?

Golden Age?  France in 1788?

January 30, 2013   Miriam   debate, digital publishing, e-books, future of publishing, Miriam, optimism, self-publishing  
5

The best of all possible worlds

Last night I walked a couple of blocks down Fifth Avenue to the brownstone home of the Salmagundi Art Club for a panel discussion of “Publishing in the Digital Age” hosted by the Deadline Club.  It was a miserable evening, weather-wise (as soon as I walked out the door of 1 Union Square West, the heavens opened, cabs splashed water as I waited for the lights to change, and my hair took on the proportions of Diana Ross’ favorite wig), but the panel discussion was lively and informative.

The question on everyone’s mind seemed to be “Should we panic about the state of the book business in the wake of the digital revolution or do we dare be optimistic.”  Our job on the panel was to illuminate the big issues preoccupying publishers and authors while attempting not to freak anyone out.  Overall, my fellow panelists and I were quite optimistic about the opportunities digital publishing affords while still admitting to twinges of regret over the passing of the traditional, wood paneled, musty smelling industry we all came of age in.

The optimism on our end came down to “choice.”  Authors have more choices now than they ever did.  They can self-publish easily and relatively economically if they choose or they can go through the traditional channels and, if that doesn’t pan out, go back to the idea of self-publishing.  Before e-books, if an author was rejected by enough agents and publishers, the idea of printing and distributing his or her own work was a daunting one.  Now, it’s a relatively painless process.

So, how is this good news to us inside the industry?  Well, what empowers authors usually empowers agents and, perhaps to a lesser degree, publishers.  Publishers and agents still provide an invaluable service in terms of curating literary material.  We still bring experience, love of craft, and critical acumen to bear on the process of book making and we’re pretty good at it.  And, authors and readers know this.  While self-publishing is now a thriving business, traditional publishing continues to publish more (digital and print) books every year.   And readers continue to buy these curated products.   Despite the perception of the business as the Titanic wildly trying to skirt the iceberg, publishers are making real efforts to keep up with the changing times so that they can bring their traditional talents to bear on the work authors are producing today.

Not to get all Panglossian about it, but isn’t this the best of all possible worlds?

January 15, 2013   Yassine   adaptation, e-books, future of publishing, opinion, technology, Yassine  
3

Changes in Reading

My last blog entry of 2012 focused on a community who refilled the shelves of their recently shut down local library. This heart-warming story illustrated the importance that underscores the presence of a library or a bookstore in a community. Books can be found in and contribute to creating some of the most elegant stores in the world. These are buildings that house a wealth of entertainment, intellect, and emotion that are to be found in books.

Now let me swing to the opposite side for my first post of 2013 and tell you about a building that houses a wealth of entertainment, intellect, and emotion but does not possess a single printed book. Bexar County, TX is set to open the first book-less library this summer. The library will allow its residents to have access to electronic titles and let them check out e-readers. One of the architects behind the BiblioTech has reasoned that “The ever-changing landscape of technology means that literacy is no longer about picking up a physical book and being able to comprehend the words…Technology is changing the way we read, learn and thrive as citizens of the 21st Century.”

I agree with the sentiments behind this reasoning but I wouldn’t put it so didactically. The development of technology gives us options for how we read. It caters to a whole spectrum of taste, lifestyle, and needs. I don’t think we have to negate one to have the other or have to stand on a particular side of the fence and declare our allegiance. While I am grateful to be able to slip out my slinky e-reader whilst being crushed on the morning subway, I am just as thrilled to be able to ease back in a comfy chair, put my feet up and thumb my way through a hefty print book.

This is why I was intrigued to read this article that highlighted the presence of e-readers in traditional book stores in the UK. Essentially, e-readers sold at the bookstore would see the bookstore take a cut of future e-book sales, giving them an added revenue stream. Not confined to the UK, a number of US indie bookstores are also getting in on the act and through your reading device you are able to purchase e-book titles through independent bookstores.

For me, the development of technology has given us more options in the way we read. I have not been forced to choose one or the other and am excited to see if the conversation about print and electronic versions of books will begin to embrace one another rather than remain diametrically opposed. After all when you mix technology and books together and get this, it’s worth staying optimistic.

Are you embracing the best of both worlds? Or are you set in your reading ways. I’d love to know!

December 04, 2012   Yassine   adaptation, authors, creativity, digital publishing, e-books, future of publishing, multimedia, opinion, technology, Yassine  
1

Building Books

As December rolls around, the perpetual question of “What would you like from Santa” is to be found in e-mails from supremely organized family members.  Just as well, then, that a compendium of “Best of 2012” lists abounds, and over the last few days I have been taking a gander at these lists, most obviously the lists for best books.

One of the ubiquitous occupants of these lists is the “book” BUILDING STORIES by Chris Ware. Although, in one review I read, calling Ware’s work a book, would be doing the book a disservice. BUILDING STORIES comes in a box and is compiled of fourteen pamphlets that readers are free to read in whichever order they choose. Readers are then able to re-order the sequence in which they read the materials again and again. In a sense, where is the last page of this book?

Or does there necessarily have to be one? Ware’s book in a box certainly grabs your attention through its inventiveness, but should we be at all surprised? With the expanding array of reading devices, the way we read books is growing ever more diverse, and what we read is becoming ever more multifaceted in the digital world. Books such as HISTORY OF A PLEASURE SEEKER have grown to become an interactive nest of audio, pictures, archives and art.

With these new forms of storytelling, where do you stand as an author? Is Ware an author in the traditional sense, or more of a compiler of artifacts? What do you think of multimedia being a part of your reading material? Is the digital reader set to become a digital explorer?

October 05, 2012   Lauren   e-books, fun, future of publishing, Lauren  
8

Infographic to the rescue!

This week (month? year?) has been a whirlwind of much very good news and happy business, but with my brain in nonstop to-do-list-conquering mode, I’ve been struggling to come up with a good blog topic in between phone calls, emails, and contracts.  Happily the good people of Publishers Weekly sent me a blog topic in my email as if to say, “Don’t worry, Lauren!  It’s Friday, and people love infographics.”  (Thanks, PW!)

This visual distillation of some of the key e-book findings of Aptara’s 4th Annual eBook Survey of Publishers has some interesting information to tell us.  It also raises some questions:

Who are these 1 out of 5 publishers who do not produce e-books?

And of the 31% producing enhanced e-books, how many are producing enough that we’d notice?  I’m assuming just one counts as a yes.

Only 44% of publishers report that Amazon is their most lucrative sales channel?  This is surprising to me.  More surprising?  The publishers’ own websites being in second place.  Even distant second, I’d never have guessed that.

And why do publishers prefer the iPad as an e-reading device?

 

What questions does it raise for you?  And have you actually bought e-books directly from a publisher website?

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