My parents handed me this article. It's written by Jonathan Karp, editor-in-chief for Twelve, an imprint of the Hachette Book Group. He's basically discussing why Twelve's business model is the shiznit.
Nathan Bransford blogged about Twelve just last week:
http://nathanbransford.blogspot.com/2008/06/12-imprint-of-future.html
Karp also discusses why this will change what gets published and what doesn't:
I don't know enough about the hard-core business side of publishing to make any judgments, but I thought this was an interesting read. My personal, rather uneducated opinion, is that the bestsellers will be in print and the rest of us will be writing e-books. I'd love to hear some other people's opinions about Twelve and how this business model will affect authors.
http://www.washingtonpost.com/wp-dyn/content/article/2008/06/27/AR2008062702868.html
Nathan Bransford blogged about Twelve just last week:
http://nathanbransford.blogspot.com/2008/06/12-imprint-of-future.html
Nathan Bransford said:Essentially, Karp's imprint is built around a simple concept: they publish one book a month and try and make them all bestsellers.
Karp also discusses why this will change what gets published and what doesn't:
Many categories of books will be subsumed by digital media. Reference publishing has already migrated online. Practical nonfiction will be next, winding up on Web sites that can easily update and disseminate visual and textual information. Readers of old-fashioned genre fiction will die off, and the next generation will have so many different entertainment options that it's hard to envision the same level of loyalty to brand-name formula fiction coming off the conveyor belt every year. The novelists who are truly novel will thrive; the rest will struggle.
I don't know enough about the hard-core business side of publishing to make any judgments, but I thought this was an interesting read. My personal, rather uneducated opinion, is that the bestsellers will be in print and the rest of us will be writing e-books. I'd love to hear some other people's opinions about Twelve and how this business model will affect authors.
http://www.washingtonpost.com/wp-dyn/content/article/2008/06/27/AR2008062702868.html