The challenge for the book business for the past decade has been rapid and less-than-predictable changes in the ecosystem because of digital. There are two underlying shifts that fundamentally alter the ecosystem: people substituting ebook consumption for print book consumption and people substituting online purchase of printed books for buying them in stores. These two […]
Alternative paths to publishing proliferate but the path for authors most likely to be lucrative is still the oldest one
The Guardian reports that Big Five British publishers are aggressively courting authors to come directly to them rather than through agents. The specifics cited make this sound more like “toes in the water” than “a change in the value chain”. The Tinder Press division of Hachette is holding an “open submissions fortnight”. The editorial director […]
Nine places to look in 2014 to predict the future of publishing
The digital transition of the trade book publishing business, which I would date from the opening of Amazon.com in 1995, enters its 20th year in 2014. Here are some of the ponderables as we close out the first two decades of a process of very rapid change that is far from over. 1. What’s going […]
Anybody Press is the new member of the Big Six (for ebooks, at least)
Bowker reported last week that 12% of the ebooks being bought now are self-published. There was skepticism about the methodology from The Digital Reader and Good e-Reader says Bowker’s data should be taken “with a grain of salt”. But the exact number doesn’t matter; the trend does. The share of the consumer ebook dollar going […]
Hats off to Amazon
When the story of how Amazon came to dominate the consumer book business is written ten years from now, there will need to be a chapter entitled “September 6, 2012”. Of course, that was the day that Judge Cote approved the settlement agreed to by HarperCollins, Hachette, and Simon & Schuster and began the process […]