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Posts tagged publishing industry

Survey finds publishing industry revenues and sales up since 2008
August 10, 2011 | 12:48 am

Is the impending doom of the publishing industry being overstated? That’s what a New York Times article contends with data from a survey released Tuesday that purports to show the publishing industry’s revenues and sales grew overall from 2008 to 2010. BookStats, a comprehensive survey conducted by two major trade groups that was released early Tuesday, revealed that in 2010 publishers generated net revenue of $27.9 billion, a 5.6 percent increase over 2008. Publishers sold 2.57 billion books in all formats in 2010, a 4.1 percent increase since 2008. The survey also notes...

Borders closure heralds uncertainty for publishing industry
July 22, 2011 | 12:07 pm

What is the loss of Borders going to mean for the publishing industry? There are a number of prognoses, ranging from “probably not much” to “gloom, doom, and dogs and cats living together”. The truth is probably somewhere in the middle, but it’s interesting to look at all the predictions. Former Borders UK chief Philip Downer wrote a piece that could be considered a “downer” in another sense for the publishing industry, pointing out that the Wall Street Journal expected the sale of print books to decline further in 2011, to a total loss of 21% since...

Jürgen Snoeren: Publishing industry should focus on core competency
May 18, 2011 | 11:54 am

jürgen-snoerenOne view of the future of publishing, which I’ve brought up here a few times, is that publishers need to begin reaching out directly to consumers. On FutureBook, Amsterdam-based publishing exec Jürgen Snoeren disagrees, suggesting that in the rapidly changing publishing environment, publishers need to focus first on their core competency—producing excellent content. Snoeren points out that publishers can’t hope to beat Amazon at its own game—but Amazon does not seem to have as much of a problem competing with them. When the Kindle was released in Germany, the lack of German content did not seem to hinder...

More raids in price-fixing probe. Publishers “explain” high ebook pricing
March 4, 2011 | 7:45 pm

The title should read, "...try to explain" the fixed higher-pricing of e-books.  See earlier article here on the raids. The Guardian has a piece today on the raids, which includes quotes from some publishers trying to explain or defend the fixing of pricing so that prices are generally much higher and must be the same at all online bookstores needing Agreements with the Big 5, with no way for the online stores to offer sales or lower prices no matter what the case.  Random House has decided not to join Agency pricing in...

Publishing in the social world
November 22, 2010 | 9:50 am

6a00d83452242969e200e55005dca58834-150wi.jpgI spent most of last week at our Web 2.0 Summit in San Francisco. If you missed it, you'll find all of the video for it here. I came away from it with two things in mind. First, Google is under attack from every angle. Sure, they've felt competitive pressures before but whether it's from Facebook, Bing or some startup in a garage, I get the impression it's more intense now than ever before. No wonder they're giving all employees a 10% pay raise! Seriously, search is getting more social every day and tomorrow's...

Authors and ebook problems: expanding the net of responisbility
October 13, 2010 | 9:33 am

proffread.jpegI recently complained about production problems in two new novels I purchased in ebook form – Brandon Sanderson’s The Way of Kings and David Weber’s Out of the Dark — both from TOR/Tom Doherty/Macmillan (see On Books: Brandon Sanderson and David Weber — 1 Up, 1 Down and The Problem Is: Publishers Don’t Read eBooks!). The failure in both instances, I think, at least as regards the problem of producing an ebook, is that review-before-release rights either didn’t exist in the authors’ contracts or if the rights did exist, they weren’t exercised. With all the problems consumers are seeing in ebooks,...

Two views of the future of publishing
October 6, 2010 | 7:15 am

press1[1] The Guardian’s Books Blog had a pair of interesting articles touching on the future of publishing yesterday. First, Robert McCrum talks about a recent debate on the future of publishing held by the Free Word Centre, with representatives from Google, the BBC, and publishers Faber and Canongate. (A representative from Amazon had been scheduled to take part as well, but pulled out at the last minute.) One interesting part of the article has to do with the Google representative’s discussion of his company’s scanning of out-of-print books. McCrum is a bit hostile to his assertions that Google...

Can the publishing industry adapt to the Internet?
July 12, 2010 | 5:30 pm

rosedale-library Nic Boshart, the Digital Services Coordinator at the Association of Canadian Publishers, has an interesting editorial at The Literary Platform about the Internet vs. bookstore dichotomy, and what the publishing industry can and should do to win back the public’s hearts and minds. Boshart writes of the closing of one of Toronto’s largest remaining independent bookstores, This Ain’t the Rosedale Library, and of the devaluing of such bookstores as community centerpieces—places people hang out and talk to each other about shared experiences, such as books they have read in common. And this is coming about because of...

E-books cause publishers to cleave to tried-and-true authors and series
July 12, 2010 | 2:21 am

images-1.jpegThat's the title of an article in The Vancouver Sun. Serial-type books are what is attracting publishers now, the article says: With book sales stagnating in recent years, the nascent e-books market has thrown the industry into turmoil. In response, large publishers are taking fewer financial risks and betting more of their dollars on established authors, says Eileen Gittins of the self-publishing company Blurb. com. "In the face of these economics, publishers just cannot take the risk," Gittins said. "They need some sure wins." Similar to movie studios betting on well-known franchises to bring box-office gold, publishers want to market more blockbuster...

Luke Johnson agrees with me by Eoin Purcell
July 2, 2010 | 7:06 am

waterstones.pngA few months ago I wrote this: As readers shift to digital, the economics of book shops will become skewed, favouring online emporia. Booksellers can react by hand-selling to customers and making themselves relevant, in the way that Raven Books in Blackrock, Co Dublin, has. (I am increasingly sure of finding a pile of relevant books there every time I walk in). No doubt this will mean concentrating on older, out-of-print, and second-hand books, titles that appeal directly to the customer, and print-on-demand works (though I am less convinced of the economic case for this). Whatever way you look at it, as...

Pricing the indie ebook: what’s fair?
June 30, 2010 | 8:51 am

images.jpegI received an email recently from an indie author whose work I reviewed on Smashwords, questioning a comment I made in the review about the ebook being priced fairly high ($7.99) for the sort of book it was. She had some reasons for setting the price at this level: she was basing it on what she thought a 'real' paper book would sell for, and she felt that the availability of a free sample meant that the reader could decide---and if they decided to commit to the novel, why not command a retail price? I wrote her back with my analysis,...

Is the publishing industry stuck in an ivory tower?
June 23, 2010 | 9:15 am

ivorytower In my last post, I quoted from a Publishing Perspectives post covering The Big Money’s “Untethered 2010: Profitable Media in the Tablet Era” conference, about how e-reader manufacturers were confident their devices still had a place in a post-iPad world. But reading further in that post, I found more interesting material. The rest of the article seems to suggest that those manufacturers, and publishers, may be living in an ivory tower—exemplified by this passage: “As long as we have a competitive marketplace, ultimately consumers will tell us what they want,” [Brian Murray of HarperCollins]...