Archive for Digital Publishing News
Result Source has been one of the premier businesses that appeals to writers looking to game the system and get their book on bestseller lists. Due to a myriad of factors the company has shuttered their online presence, all but disappearing.
Result Source was making millions of dollars from charging authors up to $250,000 for them to buy their own books via bulk discounting. Result Source would break up the sales into organic chunks that made it seem like thousands of people were buying them. This would fool book reporting agencies like Nielsen Bookscan and the book would make the Washington Post, New York Times or Amazon bestseller lists.
Good e-Reader and the New York Times both reported on this company, many times. This has prompted Result Source from deleting all of their social media accounts and taking down their website. There is a single landing page with a contact form and it looks like the company has taken the money and ran with it.
Why exactly is Results Source abandoning their business model? Most of their client base of authors are clergyman and priests. The most notable one was Mark Driscoll who pastors a large church in Seattle and recently paid Results Source more than $200,000 to get his book onto the New York Times bestseller list. The scheme included hiring people to purchase 6000 copies of the book in bookstores, then ordering another 5000 copies in bulk. Apparently the IRS is now investigating Results Source and the Churches for misappropriation of Church funds.
Result Source is no longer a viable option for authors looking to get that extra boost in their book sales and make the bestseller list. The fact that they have abandoned their operations leaves an opening for another company to take their place.
A new study conducted by Nielsen has proclaimed that 54% of USA adults currently read eBooks. Not only is digital on the rise but overall the average person is reading more books on a yearly basis.
Interestingly, there appears to be an intersection at work between how Americans read and how much they read. Those who read either more or exclusively in the eBook format are more likely to read over 20 books in an average year (30%) than either those who read more/only in hard copy (18%) or those who read in both formats equally (21%). They also report a higher average readership per year than either hard copy hardliners or equal-opportunity readers (22.5 books vs. 16 and 15, respectively).
Looking at the number of books purchased in the past year, with a reported average of 14 books, those favoring eBooks purchased roughly twice as many as those preferring hard copies, who purchased an average of less than seven.
However, in terms of overall users, the hard copy format is still king. Nearly half of Americans (46%) say they only read hard copy books, with an additional 16% saying they read more hard copy books than e-books. Seventeen percent (17%) read about the same number of hard copy and e-format books, while 15% read more and 6% read exclusively in the electronic format.
The Harris Poll was conducted on behalf of Nielsen and surveyed 2,234 adults in the USA. The results in this report tend to conflict with the ones in the Pew Research report that was conducted in January. Pew mentioned “The percentage of adults who read an eBook in the past year has risen to 28%, up from 23% at the end of 2012. At the same time, about seven in ten Americans reported reading a book in print, up four percentage points after a slight dip in 2012, and 14% of adults listened to an audiobook.” Interestingly, only four percent of the survey respondents stated that they are strictly ebook readers, shunning print entirely.
The newspaper industry has lost billions of dollars in the last 10 years in advertising revenue due to Google and has seen a decline in subscriptions. A new report from the Newspaper Association of America paints a bleak picture of revenue in 2013.
The Newspaper Association of America said revenue fell 2.6% to $37.6 billion in 2013. Meanwhile advertising revenue fell 6.5% to $23.6 billion in the same period.
These losses were slightly offset by increases in digital advertising and Paywalls from the New York Times and a myriad of others. This contributed to a 3.7% jump in circulation revenue. Still, digital advertising growth, while not growing as fast as some in the industry have hoped, continued to climb. Mobile ad spending soared 77%, although it still accounts for less than 1% of total newspaper revenue.
In order to build a better future for digital advertising revenue, some companies are betting big on developing their own add exchanges. One initiative that launched last year was the News Corp Global Exchange, that brought together the ad space of 50 websites and mobile/tablet products including Times.co.uk, TheSun.co.uk, NYPost.com, TheAustralian.com.au, MarketWatch.com and News.com.au. It allows advertisers to use one portal to advertise in the entire network, or just a specific publication.
With its focus on helping authors meet the financial needs of publishing books, Pubslush does more than just create a platform for book preorders. Yesterday, vice president and co-founder Amanda Barbara spoke to Good e-Reader about a contest the site is hosting through their company, the Little Reader Snapshot Contest.
In conjunction with the Children’s Book Council and timed to coincide with the annual Children’s Book Week (May 12-18, 2014), Pubslush’s contest encourages parents to upload snapshots of their children reading their favorite books. The contest, aimed at readers ages twelve and under, includes a prize package worth $500 in books, with varies titles made available for different ages.
Now in its 95th year, Children’s Book Week is the longest running literacy initiative in the US. The work of promoting the event every year falls under the non-profit organization Every Child A Reader. Organizations like schools, libraries, and citizen groups will host various events at the local level in conjunction with Book Week.
For Pubslush’s contest, participants upload a photo of their children to one of four different age categories; a category for classroom readers is also open. The photos will be voted on through Pubslush’s Facebook page, and the winner in each category with the most votes will be awarded a book bundle to continue the reading fun. Entrants may promote their readers’ photos on Twitter under the hashtags #littlereader and #CBW14. The contest is open now through May 18th, and a winner will be announced on May 20th.
The world of Harry Potter is very real to some people, so real in fact that there are live Quidditch matches and yes, college teams. Even better, these college and fan teams actually have a Quidditch World Cup competition, taking place in Florida. the fact that none of the players has a flying broom is not a deterrent.
This year, for the seventh World Cup, author and inventor of flying Quidditch JK Rowling reported on the match, commentating as Ginny Weasley, long time fan of the sport. Her reports can be found posted on the Pottermore website. Of course, these would be news reports, under the sports section, so fans must go to the Daily Prophet office on Diagon Alley in order to find the updates.
According to a press release from the team at Pottermore, “To deliver the reports, Pottermore has opened a brand new location on Pottermore.com – the offices in Diagon Alley of the fictional wizarding newspaper the Daily Prophet, which fans can visit for the first time and discover this exclusive new writing from J.K. Rowling.
“The posts begin with a report on the opening ceremony of the 2014 Quidditch World Cup. With characteristic humour, Rowling describes how the international teams’ mascots, magical creatures from the world of Harry Potter, took part in the ceremony and caused havoc for their handlers.
We find out why more than 300 crowd members are suffering from shock, broken bones and bites following the ceremony, and why failure to bring their usual mascots, a troupe of performing trolls, caused a great deal of trouble for the Norwegian delegation. A ‘live’ match report details the thrilling action between Norway and Ivory Coast in the first match of the tournament.”
This is not the first time Rowling has written more information about the wizard game, as two pieces of writing on the game were posted earlier this year. The live version may be more exciting to fans than the wizard rendition, as it has been featured in popular films like The Internship and the Disney Channel show “Jessie.”
A revolution in writing and publishing conferences will kick off tomorrow in Charleston, South Carolina, one that is working to bridge all aspects of the publishing industries to better enable professionals of every kind. Alongside self-publishing mainstays like Hugh Howey, Nook Press, and Bibliocrunch will be speakers like Stephanie Bowen of Sourcebooks and Tracey Adams of Adams Literary. Algonquin Books Executive Editor Chuck Adams will speak, as well as Penguin Random House’s Executive Editor Tracey Bernstein. Also on hand to present will be Amanda Barbara, founder of Pubslush, a crowdfunding platform for self-published authors.
The fairly evenly split representatives from both aspects of the industry demonstrates one of the factors that makes this conference unique. Unless there will be a stripe painted down the middle of the conference, relegating the traditional industry to one side and the self-publishing industry to the other, the intention of the event is to empower anyone who has any involvement at all in the world of books to better understand the nature of the industry in its current climate.
Tonight, Bibliocrunch‘s weekly Twitter chat, #IndieChat, will feature PubSmartCon speaker and industry expert Porter Anderson, as well as PubSmartcon’s Kathy Meis. The event begins at 9pm ET under the indie chat hashtag.
Good e-Reader will be covering the event, with an eye especially on understanding how events like this are bridging the gap. The traditional industry, while maybe not yet embracing indie publishing, has certainly come a long way from the days in which a vanity press-produced title was the kiss of death for an author’s future publishing career; it’s now becoming more and more common for publishers to seek out authors whose titles that have a proven following thanks to self-publishing. At the same time, the attitudes the once permeated the self-publishing industry, namely complete and unwavering artistic control and a feeling of isolation, are falling away as authors look to the traditional industry professionals for information and guidance.
A complete list of conference speakers and events can be found HERE.