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Inevitable consequences follow from the new hierarchy of power among publishers

May 21, 2014 by Mike Shatzkin 10 Comments

The current very public battle over trading terms taking place between Hachette Book Group and Amazon has brought forth surprisingly few recollections by those reporting it (an exception here) of a similar fight last summer between Simon & Schuster and Barnes & Noble. This is publishing’s near-term future. The two most powerful channels that deliver books […]

Filed Under: Authors, General Trade Publishing, Scale, Supply-Chain Tagged With: Amazon, Barnes & Noble, Bonniers, Hachette Book Group, HarperCollins, James Patterson, Macmillan, Madeline McIntosh, Malcolm Gladwell, Penguin Random House, Simon & Schuster

It is not news to publishers that they have to engage directly with their readers

March 18, 2014 by Mike Shatzkin 40 Comments

Since the merger that has created Penguin Random House, there has been precious little speculation (except by me, as far as I can tell) about what this new behemoth in trade book publishing could do to exploit their scale in new and innovative ways. Their scale advantage is huge. PRH has something in the neighborhood […]

Filed Under: Direct response, General Trade Publishing, Marketing, New Models, Scale, Self-Publishing, Supply-Chain, Vertical Tagged With: 250 Words, Big Five, Book-of-the-Month Club, Bookmarks, Farrar Straus, Hannah Telfer, Holt, Joe Esposito, Literary Guild, Macmillan, Markus Dohle, Osprey, Penguin Random House, Simon & Schuster, St. Martin's, The Bookseller, Thomas & Mercer, Thomas Dunne Books, Tom Weldon, Tor, Tor.com

Nine places to look in 2014 to predict the future of publishing

January 1, 2014 by Mike Shatzkin 59 Comments

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 […]

Filed Under: Authors, eBooks, General Trade Publishing, Marketing, New Models, rights, Scale, Self-Publishing, Supply-Chain Tagged With: 24Symbols, Amazon, Amazon Prime, Apple, Big One, Big Six, Curtis Brown, Derek Jeter, Diversion, E-Reads, Entitle, eReatah, Following Four, Hugh Howey, iPad, John Locke, Kindle, Kindle Fire, Kindle Owners Lending Library, Matchbook, O'Reilly, Oyster, Pearson, Penguin Random House, PRH, Rosetta, Safari, Scribd, Simon & Schuster, Writer's House

No-inventory publishing changes everything for everybody and nobody will escape making adjustments

October 7, 2013 by Mike Shatzkin 27 Comments

A somewhat overwrought article in Wired calling ebooks an “abomination” because they “price people out of reading” provokes thinking about how much the business models for the trade book business are changing. The article’s weakness stems from its focus on the pricing decisions publishers are making in selling print and ebooks to libraries when those […]

Filed Under: Atomization, Authors, eBooks, General Trade Publishing, Licensing and Rights, Marketing, New Models, Print-On-Demand, Scale, Self-Publishing, Supply-Chain, Unbundling, Vertical Tagged With: HarperCollins, Hugh Howey, John Locke, Osprey, Publishers Launch Marketing Conference, Random House, Simon & Schuster, Tesco

Publisher margins today may be enviable, but it will be a big challenge to keep them that way

June 26, 2013 by Mike Shatzkin 33 Comments

The major publishers have apparently worked themselves into a very strong commercial position at the moment with the transition to ebooks. I say “apparently” because the data that gives the most recent rise to that understanding — a presentation by HarperCollins of the current economics — is somewhat incomplete. What Michael Cader reported in Publishers […]

Filed Under: Authors, eBooks, General Trade Publishing, Licensing and Rights, New Models, Supply-Chain, Uncategorized Tagged With: Aardvark blog, Amazon, Barnes & Noble, Brian Defiore, Brian Murray, DOJ, HarperCollins, Kindle, Michael Cader, Publishers Lunch, Simon & Schuster

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Mike Shatzkin

Mike Shatzkin is the Founder & CEO of The Idea Logical Company and a widely-acknowledged thought leader about digital change in the book publishing industry. Read more.

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