{"id":6274,"date":"2011-03-25T08:41:23","date_gmt":"2011-03-25T12:41:23","guid":{"rendered":"http:\/\/theseasonforromance.com\/wordpress\/?p=6274"},"modified":"2011-03-25T08:41:23","modified_gmt":"2011-03-25T12:41:23","slug":"as-the-publishing-world-turns","status":"publish","type":"post","link":"https:\/\/smittenbybooks.com\/blog\/2011\/03\/25\/as-the-publishing-world-turns\/","title":{"rendered":"As the Publishing World Turns"},"content":{"rendered":"

So have you heard that Amanda Hocking<\/strong>, who is now the face of indie publishing success<\/em>, signed a contract with St. Martin’s Press<\/strong> worth over 2 million dollars for 4 (four) books? That’s a ton of change to invest in 4 books but Amanda has a proven track record, selling over 1 million copies of her 9 (nine) self-published books, which she sold for $ .99 – $2.99. The larger question is will her fans follow her to that higher price point? St. Martin’s Press<\/strong>–as are all of the Big6 publishing companies–uses agency pricing when it comes to their digital books (this means the ebook price is fixed by them and cannot be discounted by the online retailer. Normally that price is set at the retail print price or higher). Time will tell if St. Martin’s<\/strong> risk–because this is<\/em> a risk for them–pays off. For Amanda, this is an extremely smart move and a win-win situation for her. Even if her books fail to generate the kind of sales that would make this deal a profitable endeavor for St. Martin’s<\/strong>, she still walks away with a cool 2 plus million dollars and she can continue to self-publish to her heart’s content. Here’s a woman who made some damn fine lemonade with her lemons. Here’s the article announcing the deal, if you’re interested<\/a>.<\/p>\n

And in other news, Barry Eisler<\/strong>, a New York Times<\/em> bestselling author of <\/strong>thrillers, apparently verbally agreed to publish his next two books with St. Martin’s Press<\/strong> for a reported $500,000 (it appears that St. Martin’s Press<\/strong> has their purse wide open and is spewing tons of cash) but changed his mind and has decided to self-publish his next novel titled The Detachment<\/strong>. During the bruhaha, Writer’s House<\/strong>–a well-respected literary agency–is no longer representing him. I suspect that was not a friendly parting of ways as it denied the agency a nice $75,000 on the deal. Now, of course, the industry is abuzz with the news and while some\u00a0 may condemn his move as short-sighted, others see him starting a trend for bestselling authors like himself. Here again, time will tell whether Mr. Eisler did the wise and sound thing for his writing career. I know I’ll be interested in how well The Detachment<\/strong> does when he releases it. Click here<\/strong><\/a> if you’d like to read his reasons behind his decision as he discusses it with Joe Konrath<\/strong> aka J.A. Konrath<\/strong>, a mystery, thriller author.<\/p>\n

And today, Stephanie Laurens<\/strong>, New York Times<\/em> and USA Today bestselling historical romance author, discusses digital pricing on her blog<\/a>. Stephanie, like most other authors–new right on through to established–sees the changing shape of the publishing landscape and began writing weekly, very topical posts for all to discuss.<\/p>\n

What I see occurring, is that the stigma of self-publishing as what authors do when they’re not ‘good enough’ <\/em>for New York, going away. Especially, now that established and New York published authors are entering this arena. Don’t get me wrong, I still believe that traditional publishers will always have a place in the publishing marketplace as long as they stop fighting the inevitability that is digital books eventually replacing or quickly gaining parity with–to a large degree–the printed book. I’m not sure in what time-frame this will occur, but like the VHS tapes, vinyl records and even CDs, which are quickly being usurped by .mp3 files, this will<\/em> happen.\u00a0 And given the Publisher’s Week article linked here<\/a>, I believe mass market paperback will be the first format affected.<\/p>\n

I’m not sure if readers care about this kind of news but I’m pretty sure authors, from aspiring to bestselling, have their ears peeled for it. What do you think about the changing publishing landscape. Are you ready to dip your toe in the self-publishing pond, lake, ocean? Readers, do you care which publishing house–if any–puts out your favourite authors’ books? Do you even know which publishing house your favourite author writes for?<\/strong><\/p>\n

Comment and enter to win IT HAPPENED ONE SEASON<\/span>, featuring a novella by the above mentioned Stephanie Laurens.<\/span><\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

 <\/p>\n\n

\n <\/div>\n\n","protected":false},"excerpt":{"rendered":"

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