Macmillan
Is signing with a mainstream publisher now a ‘mistake’?
April 25, 2011 | 11:51 pm
I suppose it was inevitable. As self-e-publishing has drawn more and more attention, with relatively major-name authors deciding to forego pro-publishing and go it alone, and over 1/4 of the Amazon Top 100 list being made up of such books, now signs of an anti-pro-publishing “backlash” have popped up. Blogger switch11 at iReaderReview points out the “mistake” one popular self-publishing author made when he decided to sign up with Macmillan. There’s no other way to put it – Signing a book deal was a huge mistake. John Rector could have been a Top 100 Kindle...
Amanda Hocking explains the reasoning behind her publishing deal
March 25, 2011 | 11:34 pm
In light of the official announcement of her seven-figure publishing contract, Amanda Hocking wrote a longer blog post going into complete detail about why she wanted the deal. She notes with more than a little irony: [It] is crazy that we live in a time that I have to justify taking a seven-figure a publishing deal with St. Martin's. Ten years ago, nobody would question this. Now everybody is. Her reasons boil down to getting her work out to readers who want to get her works from bookstores, readers have complained about the quality...
Self-published writer Amanda Hocking signs seven-figure four-book publishing deal
March 24, 2011 | 12:20 pm
In an update on a story from a couple of days ago, the New York Times reports that self-publishing star Amanda Hocking has signed a four-book contract with St. Martin’s Press, an imprint of Macmillan. The Times reports that bidding eventually rose beyond $2 million, though St. Martin’s declined to reveal the exact figure. The first book in the 4-book “Watersong” series should be released in fall, 2012. Responding to the rumors on her blog a couple of days ago, Hocking explained that she wanted to be able to spend more of her time writing, and less...
HarperCollins library feud highlights publisher failure to connect
March 21, 2011 | 12:15 pm
On the blog of The Society for Scholarly Publishing, The Scholarly Kitchen, Rick Anderson has a pretty good summary of the HarperCollins library e-book uproar, in which HarperCollins imposed a 26-checkout limit before library e-books would have to be repurchased. Yesterday I was talking about the ways publishers are failing to connect with consumers, and this turns out to be another example: How has HarperCollins responded to the uproar? Awkwardly. In a remarkably tone-deaf “open letter to librarians” , HarperCollins explained that “our prior e-book policy for libraries dates back almost 10 years to a time...
Macmillan & Amazon make up lost royalties from agency spat; Macmillan raises e-book royalty rates across board
February 3, 2011 | 7:23 am
It’s right around the one year anniversary of the week that Amazon removed Macmillan books’ buy buttons in its snit-fit over the implementation of agency pricing, resulting in a lot of authors losing a week’s worth of royalties. And just in time to mark the anniversary, an interesting tidbit of information pops up on eReads. Richard Curtis reports that in a cover letter attached to the latest Macmillan semi-annual royalty statements authors have received, Macmillan CEO John Sargent makes note of an interesting adjustment to author royalties. Feeling that authors shouldn’t have to suffer on account of a battle...
Mike Shatzkin: Agency pricing most dramatic publishing event of the year
November 30, 2010 | 2:50 pm
It’s the time of year when people and publications start making lists of things that happened during the rest of it, and Publishing Perspectives is kicking off a series on “the most dramatic events in publishing in 2010.” The first piece in the series is also posted at the website of its writer, publishing consultant Mike Shatzkin of IdeaLog. Shatzkin’s pick for the most dramatic publishing event of 2010 is the confrontation between Amazon and five of the big six publishers early this year over bringing an end to Amazon’s $9.99 e-book pricing scheme. Even in theory, Shatzkin writes,...
Charlie Stross: Why a middle Merchant Princes book has no e-book
October 15, 2010 | 11:23 pm
Charlie Stross has posted to his blog about the mysterious absence of one of his Merchant Princes series—not the first book or most recent one, but a middle book in the series—as an e-book. The problem, Stross explains, is that the missing book, The Merchant Wars, fell between two periods of Tor e-book activity. The first few volumes were issued during the ill-fated Tor Webscriptions experiment, which Tor’s parent company shut down after just a couple of days. The later volumes were issued after Tor started up again with e-books in 2008. But The Merchant Wars...
Publishers complain that agency pricing leads to lower revenue
September 29, 2010 | 8:15 am
Publishers who insisted on agency pricing are starting to be hoist by their own petards—but unfortunately, authors and agents are being hoisted right up there with them. This is the message that a Wall Street Journal article Paul mentioned a few days ago (from another publication) brings us, and it’s one worthy of revisiting. As most of the comments on Paul’s post point out, this article has a number of problems—most notably that literary fiction as a genre has already been in trouble for some time now, and the lower per-unit income from e-books may just be another...
Macmillan and Ingram hook up for POD
September 21, 2010 | 9:35 am
From the press release:
Ingram Content Group Inc. and Macmillan today announced a new distribution services model that will integrate Ingram’s print on demand (POD) and fulfillment capability with Macmillan’s publishing program.
Macmillan will use Ingram’s print on demand and physical distribution infrastructure to manage traditional inventory and POD for “”long tail” titles. Macmillan will continue to fully service its customer relationships from its primary warehouse in Virginia.
“Macmillan recognizes that during these times of change in the publishing industry, the traditional methods of solving the logistics and print business challenges cannot remain the same,” said Peter Garabedian, Senior Vice President and...
Mike Shatzkin: Publishing moves from B2B toward B2C focus
September 7, 2010 | 9:15 am
Publishing industry consultant Mike Shatzkin, whose columns are always worth reading even when I don’t mention them here, has a piece looking at new Random House CEO Markus Dohle’s contention that the publishing business (and Random House in particular) will be shifting from a B2B (“Business to Business”) emphasis to a more B2C (“Business to Consumer”) position. Shatzkin writes: Markus replied that he was fine being quoted because he was “convinced that publishers have to become more reader oriented in a marketing and trend finding/setting way rather than in a direct to consumer selling...
Macmillan asks authors to sign over backlist e-book rights
August 18, 2010 | 1:18 pm
If you needed proof that the earthquake of Andrew Wylie’s Amazon publishing deal continues to send aftershocks through the publishing industry, you need look no further than this post by “Agent Kristin” on her blog “Pub Rants”: Several agent friends have confirmed that Macmillan sent a letter over the weekend asking authors to sign amendments that gave them electronic rights to backlist titles. Kristin points out that these letters went directly to the authors in question—not the agents or agencies that represent them—and reminds authors not to sign them without checking with their...
Mike Shatzkin on Wylie/Amazon: The danger of drawing lines in the sand
July 27, 2010 | 7:15 am
Publishing consultant Mike Shatzkin weighs in with his (lengthy) thoughts on the Wylie/Amazon book deal, which has quickly become the nine day wonder of the e-publishing world. He summarizes the issue of movement toward e-books as having three key components for publishers: e-book pricing, dominance of sales by a monopoly or oligarchy of big stores, and royalties. Shatzkin notes that the questions of pricing and monopoly have been at the center of attention for the last year, most notably at the beginning of 2010 when Amazon and Macmillan faced off over the Agency Pricing model. But now it’s...


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