Wild Wild West Publishing

I don't think there has been a time since the invention of the printing press during which publishing has gone through such incredible changes.

Yes, I suppose the consolidation that happened over the past few decades, where all the smaller publishing houses were bought by the entertainment multinationals, was big, but I assert that the current changes are bigger. At least from the author's perspective.

A month or so ago, everyone was a-twitter, (literally, and metaphorically), about the news that Barry Eisler and Connie Brockway were leaving their publishers to self-publish in digital format only. And at the same time, that self-pubbed phenom Amanda Hocking was moving to a mainstream publisher.

I wasn't sure what I thought of it all. And I certainly wasn't confident enough in my opinions to say anything publicly. But now that the actual facts re: Eisler and Brockway are out, I've just been nodding my head.

Yes, the world is changing, fast, but at least now their decisions make more sense to me.

When I heard these bestselling authors were self-publishing I thought they were brave, and maybe a little arrogant (to believe their publishers had so little impact on their success), and I did wonder whether they were making a huge mistake or whether they were the smartest authors on the planet, forging new ground, getting higher royalty rates, and getting tons of free publicity by being at the forefront of a new wave (and thereby upping their chances of success).

But now I see that Eisler and Brockway (and Konrath) are in fact going through a publisher -- but a very different kind of publisher, Amazon. A publisher who's going to focus on the digital market, and who's got the marketing savvy and power and cred to up the chances that a book gets noticed. Now that I understand that,  I just think these authors are smart. Probably.

And saying things like print rights are now subsidiary rights of the main digital contract, or print versions of books are great marketing tools for the digital version... Well, that's bold and quite possibly how the industry will develop. Perhaps sooner than any of us could imagine. Who knows....

When did publishing turn from a boring sedate business into the Wild Wild West?
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Published on June 01, 2011 04:34
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