The biggest publishers today are regularly delivering improved profit performance on a flat or declining sales base. This masks a troubling truth about today’s book business. The core asset base of a book publisher is “performing titles”: the books that are delivering measurable revenues. The more of them there are the healthier the business is. […]
What is causing the uptick in independent bookstores?
My first real job was in a bookstore, on the sales floor of the brand new paperback department in Brentano’s on 5th Avenue in the summer of 1962. I loved that place; I loved that job; and I’ve always had a soft spot for bookstores. But, romanticism aside, the truth is that books are just […]
2020: Zero year thoughts about the changes in book publishing
Years that end in zeroes summon a natural tendency to look backwards and forwards. So as we enter this century’s decade of The 20s, we’ll do just that. The ideas in this piece analyze what is mostly anecdata: “facts” that are real, that I’ve vetted with people who have lived through these times with me, […]
7 ways book publishing will change over the next few years
A prior post described the new structure of the book publishing ecosystem. In the past three decades, we have migrated away from a world where a publisher needed to own a substantial infrastructure to deliver printed books to thousands of retail locations. And “back then” and for most of the time since, most book readers […]
One big change in book publishing is that it does not require you to have much of an organization to play anymore
More than two decades into its digital transition, book publishing has evolved so that a capital-intensive infrastructure is no longer a requirement to successfully develop a book, or a list of books, and bring the books to market. This has resulted in a self-publishing segment, so far almost entirely author-driven, that is substantial in reach […]
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