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Showing posts with label media. Show all posts
Showing posts with label media. Show all posts

Thursday, September 13, 2012

Dissecting the Publishing Industry - A Revealing Autopsy

Dissecting publishing
old and new
The old, so-called literary gatekeepers have fallen on the trail of progression (or is that the 'trail of tears'?); book critics or reviewers have morphed into thousands of social networking bloggers; agent, editor and marketing duties have been taken over by the necessarily more entrepreneurial writer --- and, guess what?

The writer has, indeed, become the publisher!

Hell, the newbie writer did most of the publishers' work under the old TP system of publishing anyway. It's just a whole lot easier today thanks to technology.

This publishing industry upheaval has created many new self-publishing support services niches --- and, oddly enough, has not been totally negative to the traditional publishing industry.

Warren Adler, published author (War of the Roses), gives this intriguing insight in the HuffPost:

Decoding the Self-Published Author

Every author knows that producing a book requires an extreme act of concentration, discipline, organization and stamina. It is an achievement requiring enormous effort, time and isolation rarely matched by other forms of artistic creation.

Despite all the revolutionary changes that roil the publishing industry and are currently upending the old methods of presenting books to the public, the bedrock fact remains that a published book, whether presented on paper or on screen, still carries with it a measure of prestige and achievement.

Despite the difficulties involved in a book's creation, there is no shortage of people determined to produce works that reflect their own vision, whether they are motivated by chasing the false gods of fame and fortune or simply satisfying their overwhelming need to be heard and their views, talents and interests projected beyond the confines of their own minds and imagination. There are perhaps millions of people worldwide currently bent over their desks composing works they hope to share with others.

A few short years ago, the pipeline for these endeavors was strictly regulated by time-honored methods of filtering. A band of business-minded publishers, fed by a gaggle of first look agents, would submit choices to publishing houses whose editors and marketers filtered out their own choices. These choices were then cataloged seasonally, and an army of salespeople was dispatched to book buyers of independent and chain stores who subsequently made their own choices based upon past sales, and perhaps a few gut choices of their own.

The road to marketing and publicity channels was well rutted. Mass media outlets had their own filtering process to determine which books they would feature in their review columns, and advertising sections of books were well established. A few well-respected critics could be relied upon to filter their own choices to public scrutiny.

Media outlets hit upon the idea to record book sales as a kind of horse race of popularity, which helped them with their advertising, and kept the sales pot boiling for those authors lucky enough to be included.

Roughly, this is the way the system worked for many decades. Publishers supported their prolific authors with advances based on projected sales and future royalties, and those books that didn't sell went back to the publishers in an arcane system of consignment.

For those authors who didn't make the filtering cut, the only solution was "vanity" publishing, which meant that an author could pay to have his book published, and for the most part, try to get his book into the system. A camel through the eye of the needle is a good analogy. While there is no real statistic on author rejections by agents and publishers, the real figure based on the amount of self-published books being shoe-horned into the current offerings on e-readers indicates that those numbers must have been staggering.

That publishing system has been completely overturned by time, taste and most of all, technology. The industry itself has been sliced and diced into categories and sub-categories and sub, sub categories. In fiction, hundreds of genres and sub-genres have been created and built around categories to appeal to specific tastes; categories such as romance, mystery, fantasy, zombies, vampires, graphic novels, erotic, young adults, children, etc. with new categories emerging like ever thin slices of salami.

In non-fiction, the slicing and dicing has reached epic proportions in areas such as politics, religion, popular culture, race, memoirs, exposés, diatribes, self-help, pop psychology, nutrition, diet, health, and sex -- especially sex. On that latter subject the recent Fifty Shades of Grey category has jumped the fiction and non-fiction categories by building a kind of story around a 'how to' guide to sado-masochism performance.

Read and learn more

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Sunday, February 27, 2011

Book Substance vs Book Packaging


I, and really most folks associated in any way with the publishing (and by extension writing) industry, have understood for many years the deep inequities in that industry.

Traditional publishing (TP) has always stood on a foundation of pure jelly, sinking little by little from it's very birth. TP's survival was sustained, not by any inherent brilliance, but by a lack of any alternate, competent competition.

TP's jelly foundation really turned into liquid juice back when the main consideration turned away from the written words on the pages of a book to the eye candy of packaging and the celebrity of the authors.

Simply put, traditional publishing lost it's soul.

Dan Agin (Author/Neuroscientist), writing a blog for HuffPost, has an interesting take on the demise of publishing...A little oversimplified RE the eReader technology being the core cause...but, he nailed the shallowness of the so-called publishing business pros in the writer-to- reader chain RE not reading and just packaging books.

Dan Agin:

American Publishing: A Lesson From Tolstoy's Inkwell

My first published literary effort, an article about New York City, appeared in 1945 in a magazine called Gotham, the house organ of the New Yorker Hotel. Since this is 2011, I claim 66 years as both a participant and observer of American publishing.

The magazine Gotham folded.

The New Yorker Hotel eventually also folded.

Traditional American publishing is in the process of folding.

From the standpoint of philosophy, everything folds eventually, so what's the big deal?

Well, the fact of folding is usually not as important as the reasons for folding. Looking at reasons, causes, provoking events, often helps us understand how the world works.

For the folding of traditional American publishing, the most provoking recent event is the appearance of the new technology of hand-held E-readers, especially the Kindle, which at present outclasses them all.

But aside from this new technology and its consequences now apparent to almost everyone, there are other reasons for the present collapse of traditional American publishing.

I say "collapse" because the collapse of Borders is akin to the collapse of Lehman Brothers on Wall Street, and like that collapse the collapse of Borders suggests that too many people in American publishing don't know what the hell they're doing.

Why is that?

After 66 years of watching the American publishing circus and publishing as an "author," my personal views are as follows:

•Most publishers don't read books, they just display them on shelves in their offices.
•Most acquiring editors don't read books, they just acquire them and negotiate contracts.
•Most copy editors don't read books, they use software to locate possible grammar and punctuation problems.
•Most literary agents don't read books, they just read opening chapters or proposals for books and sell books to editors based on the book's apparent "handle", its "take-away", its "feel-good" score.
•Most marketing and publicity people in publishing don't read books, they read blurbs and look at book jackets and attach a book to market demographics.
•Most publishing accountants don't read books, they just add up the profits and losses of the various imprints of a conglomerate.
•Most booksellers don't read books, they sell books the way most people in publishing acquire books -- as physical objects with "handles."

Read and learn more

Saturday, February 13, 2010

USA Today Reminds Staff What "Furloughed" Means

Some interesting statistics and accounting figures inside one of the biggest newspaper (USA Today) publishers: Gannett Company.

Jonathan Beer of Daily Finance reports:

Employees at Gannett Co.'s (GCI) USA Today must be insanely dedicated.

Why else would the nation's largest newspaper publisher need to explain to the workers at its flagship paper what it means to be forced to take a week off. But that's exactly what Publisher Dave Hunke decided his depressed workforce needed to hear.

"To be clear, a furlough means no one will be permitted to work while on furlough and no one will be exempt, except for business necessity," he wrote in a memo to employees that was leaked to the press. "That means when you are on furlough, there is no work, no office phone calls, no voice mail, no e-mail and no PDA checking."

This raises all sorts of depressing questions. Why is Gannett so worried about employees working for free on their own time? How is this going to be enforced? Should reporters hang up on sources who phone them at home or screen their calls? What if they find Lindsay Lohan and Warren Buffett having a romantic dinner? Should they avert their eyes, or just phone the National Enquirer?

No Longer No. 1

As the independent Gannett Blog noted, other company papers are already doing furloughs, and at least 26 USA Today employees were recently laid off. A one-year wage freeze at the national newspaper, which was scheduled to end April 1, will be extended for another 90 days because business still stinks. Fourth-quarter paid advertising pages at USA Today fell 10.5%, to 705 from 788 a year earlier. Company-wide publishing advertising revenue fell 17.9% to $790.8 million in the fourth quarter.

Last year, USA Today lost its spot as the nation's No. 1 newspaper after its circulation fell a mind-numbing 17.5%. That was the biggest circulation decline in the 27 year history of the publication that earned the unflattering nickname McPaper. Shares of the McLean, Va.-based company have soared more than 212% over the past year, coming back from record lows as investors bet that the company's cost-cutting would pay off. Some big shareholders, though, are now unloading shares, according to the Gannett Blog.

To be sure, newspapers have nowhere to go but up. Analysts Borrell Associates expects newspaper advertising revenue to reverse its 2009 decline and post a modest 2.4% gain this year. The forecasters expect newspaper ad sales to be up about 8.7% over 2009 levels in 2014. (Yes, you read that right.)

By the time the publishing industry makes its tepid comeback, the companies will be a rotting shell of their former selves. Workers won't need to be told what it means to be on a furlough. They will be painfully aware of it.

Jonathan Berr is a former reporter with Bloomberg News whose work has appeared in The New York Times, BusinessWeek and The Philadelphia Inquirer. In 2000, he won the Gerald Loeb Award, one of the most prestigious prizes in business journalism.