"Hardcover book market goes soft"
http://marketplace.publicradio.org/display/web/2008/05/29/book_publishing/
"Publishing is a world of increased competition, shrinking margins and long waits to see any green. Jill Barshay reports on how publishing houses are coping with changing times."
I thought the last sentence of the article was a bit off:
"Rose says publishers should think about a world where any writer can publish a book cheaply online and any reader can download it freely."
It seems to me that putting even a well-written and well-edited book up for free on a website isn't likely to have nearly as many downloads as a major publisher would have hardcopy sales due to their marketing and advertising abilities. An 'independent' or self-published book needs as much promotion as a large publisher's book for the public to hear about it. There are comments at the end of the article that address this.
Not sure where to put this thread (if it moves, I started it in the AW Roundtable), I don't see a forum that quite matches "book publishing business news", but whatever.
http://marketplace.publicradio.org/display/web/2008/05/29/book_publishing/
"Publishing is a world of increased competition, shrinking margins and long waits to see any green. Jill Barshay reports on how publishing houses are coping with changing times."
I thought the last sentence of the article was a bit off:
"Rose says publishers should think about a world where any writer can publish a book cheaply online and any reader can download it freely."
It seems to me that putting even a well-written and well-edited book up for free on a website isn't likely to have nearly as many downloads as a major publisher would have hardcopy sales due to their marketing and advertising abilities. An 'independent' or self-published book needs as much promotion as a large publisher's book for the public to hear about it. There are comments at the end of the article that address this.
Not sure where to put this thread (if it moves, I started it in the AW Roundtable), I don't see a forum that quite matches "book publishing business news", but whatever.