Phoenix Press Publishing About Us |
||||
| A New Type of Publishing The Future of Publishing A Publishers View of the Book Business |
Phoenix organizes the proof-reading and editing of typescripts, professional typesetting, ebook formatting and global listing. | |||
A NEW WAY OF PUBLISHING FOR THE 21ST CENTURY |
||||
A New Type Of Publishing |
||||
|
||||
|
||||
|
||||
| The world wakes up and moves on, and publishing has to follow or die out. To be totally independent, a writer needs to learn all facets of the game, from typesetting, cover design, readying for print to formatting for the various eBook reading devices. If he doesn't, he ought to be able to rely on someone who isn't a vulture to help him get into the market. It's okay to sub-contract what you can't do yourself. Too many writers have become passive and dependent. Why wouldn't the Gordon Geckos of the book publishing world take them for a ride? There may have been an excuse once, but not anymore. Where the writer/publisher has the advantage over the old publishing way is in coverage of the mass market. He and the reader can take a punt where the printed book publisher can't. If an ebook doesn't sell, you try another one, and another. The market is the judge, not the arcane world of the high priests of the publishing industry. It means the reader is getting a look at things no publisher could possibly show him, and a lot more of it than hitherto. That provides a richness and diversity that has disappeared in the publishing world I knew in the sixties. In those days, publishers took a punt on new writers by putting them out as cheap paperbacks. Not anymore. The Ebook is the new cheap pulp fiction that appeared in the 1950s. And in there are going to be diamonds that the traditional publishers throw out in bulk. Writers will be obliged to show samples of their book and provide de-cent synopses so a purchaser can tell the wheat from the chaff. But at the low prices e-Books sell for, a reader can better take a punt on finding the jewels. Another good thing about EBooks is that they never go out of print. Much valuable knowledge is lost to the world through the fact that printed books go out of print or never get into print. One could see this revolution as Gutenberg, the Renaissance and The Enlightenment all rolled into one. It's absolutely incredible – and it came in our time. The massive changes occurring in this opening up of the book market will be reflected right through society. It'll be a great boost to learning. And it's all happening in the life of these present generations. Nobody in the past lived in such exciting times. | ||||
| Back to top of page | ||||
The Future of Publishing |
||||
|
||||
|
||||
| Epstein was one of very few who saw Amazon as a rush of fresh air in a stagnant room. For one thing, they stock large backlists, in recognition of the fact that writers need an income for more than the first six months of the life of their book. Like us at Phoenix, Epstein remembers the 1950's as the Golden Age of book production. And he sees the return of such an age contingent on the digital revolution—the one we're witnessing now, where print-on-demand and ebooks are rapidly becoming mainstream. Books will become cheaper because of cheaper printing and the elimination of most of the middlemen.
Agents are no longer necessary—if indeed they ever really were. They came into vogue when publishers got lazy and shed part of their workload onto agents paid out of the poor author's royalty. So, good riddance agents. All a writer needs now is a freelance editor and help to get the material onto his website. No book needs to be out of print. The effect of this will be to increase dramatically the number of backlist titles available but to increase no less dramatically the diversity and range of new titles written by a newly flourishing writing community. All those quirky authors who never got a look-in at a publishing house can now put their wares on the market and promote them better than a conventional publisher could. No writer will ever again be forced to sign a contract the delivers ownership of his creation into the hands of someone who has no right to it; copyright thieves I call them.
This revolution we're experiencing is freeing writers and books from the prison created by suits keen to make a killing on somebody else's effort and talent. The big amalgamated publishing houses are already collapsing, as Epstein foresaw. And again, good riddance because they were both commercial and cultural failures. Epstein says in his book that "publishing is by nature a cottage industry, decentralised, improvisational, personal; best performed by small groups of like-minded people, devoted to their craft, jealous of their autonomy, sensitive to the needs of writers and to the diverse interests of readers." In a few lines, he's described the atmosphere here at Phoenix. The dominoes are beginning to fall, as Epstein predicted. And there's nothing the biggies can do to arrest the tide, let alone turn it back. For the first time in history, the writer is in charge of his career, his talent, his income and his prospects.
For the first time in his life, he can consider his garret as mere temporary accommodation while he learns his trade. And all this as the publishers pack up their gear to leave the leafy up-market streets their shingles once graced so proudly. Justice is finally served. No longer will the writer have to admit that he belongs to a profession in which he has to keep proving his talent to people who have none. |
||||
Back to top of pageA Publisher's View of the Book Business |
||||
|
||||
| 'Like Schiffrin and many others, Epstein believes that the publishing industry has got itself into the horrible state is in today because: "it deviated from its true nature by assuming, under duress from unfavourable market conditions and the misconceptions of remote managers, the posture of conventional business." A book-romantic at heart, he insists publishing is, in fact, not a conventional business: "It more closely resembles a vocation or an amateur sport in which the primary goal is the activity itself rather than its financial outcome." Epstein correctly points out that one reason why the conglomerates that currently dominate publishing in America don't make much money is because they run their businesses so badly.' Another reason, I'd add, is that they've thrown 95% of writers to the wolves, making their product uniform and arid. 'The focus on big bestsellers is the most obvious mistake. Indeed, one of the big mysteries of contemporary publishing is why the biggest names bother using a publisher at all, instead of doing it themselves. Epstein notes that in the period ca. 1986 to 1996 a phenomenal "sixty-three of the one hundred best-selling titles were written by a mere six writers: Tom Clancy, John Grisham, Stephen King, Dean Koontz, Michael Crichton, and Danielle Steel". Publishers generally don't earn money off of these titles—they are loss-leaders which apparently give publishers clout with booksellers etc. The authors still publish with publishers because of the convenience—and because the bloated contracts are a form of insurance: the publisher assumes the risk, not the author. Books by celebrities (ex-presidents, entertainment stars) are another source of huge write-offs, as money paid out is never earned back. | ||||
| Epstein also points out that backlists can easily be the main (and most reliable) revenue source—but that instead of cultivating these publishers focus their attention on the sexier frontlist titles. All this does not mean publishing is not like other businesses—it just means that many publishers (especially the huge ones) are running their businesses badly. Ambition and hubris gets the better of them. And the pressure for immediate results. It's this—the stock market's insistence on quarterly performance—that is the only things that possibly differentiates publishing from other industries, though arguably there are many other businesses which are similarly disadvantaged (i.e. where growth needs to be carefully fostered over a longer period for good results). Epstein also focusses on the shift in retailing, in how and where books can be bought. This too brings with it difficulties—while the new technologies also afford new ways of reaching consumers. The parts on The Reader's Catalog are of particular interest, as he suggests why his model (and therefore also Amazon.com's model) was doomed from the start. Epstein expects the role of the publisher to be transformed by the new technologies. There seems some wishful thinking here on his part, as he suggests that "publishing may therefore become once more a cottage industry of diverse, creative autonomous units". (End of extract of review). Nearly twelve years on, the chickens Epstein prophesized are already coming in by flocks to roost, even the 'ATM-type machines' for print on demand. CdP | ||||
| Back to top of page | ||||
|
PHOENIX PRESS PUBLISHING A publishing house for the 21 century ABN: 68 003 925 746 Business Registration No: BN98440771 |
Google Custom Search |
|
| WEB DESIGN © 2011 ALL CREATIVE DESIGNS® |
||
Home || About Us || Title List || Kynne Bio || Hamilton Bio || Perrot Bio || Lawson Bio || Moss Bio || Menzies Bio ||Contact Us || Privacy || Editorial Policy |
||