In more dark news for the publishing industry, media mainstay GalleyCat has announced that it will be closing its doors. The site, one of several under the umbrella of AdWeek, covered publishing industry news and offered reviews of upcoming books. According to a blog post signed by both Dianna Dilworth and Maryann Yin, "We thank you for your support and readership over the … [Read more...] about GalleyCat Closes as Industry News and Review Site
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Goodreads Choice Awards Winners Announced
Some book awards are determined by panels of expert judges who seem to be fairly out of touch with the interests of the typical reader. Still others are the domain of the "inner sanctum" club where publishers and powers that be proclaim which books are worthy. For my part--and that of many avid book fans--those awards pale in comparison to being chosen by a vast sea of actual … [Read more...] about Goodreads Choice Awards Winners Announced
In the last decade 25.7% of Publishing Jobs have been lost
Over the last ten years the publishing industry has shed almost 25.7% of their workforce. This is primarily due to the rise of e-books, consolidation and how efficient modern publishing has become. This chart reflects all jobs in the publishing industry, which includes general office staff and security guards. It is very likely that most of the lost jobs were due to Amazon … [Read more...] about In the last decade 25.7% of Publishing Jobs have been lost
e-Book Sales Fall 12.3% in the first 10 months of 2015
The big tend of 2015 has been the consistent decline of e-book sales. The Association of American Publishers have proclaimed that in the first 10 months of last year, e-book sales fell 12.3%. This data comes primarily from 1,200 publishing companies and does not account for titles written by indie authors that do not have an ISBN number. Trade: Trade book revenues were … [Read more...] about e-Book Sales Fall 12.3% in the first 10 months of 2015
Penguin Random House Drops Degree Requirements for New Jobs
Penguin Random House UK has dropped all of their degree requirements for new positions. The company is hoping to attract people who did not graduate from a top university or get a degree for anything publishing related. According to the Bookseller , human resource director Neil Morrison said he made the decision following increasing evidence that there was no simple … [Read more...] about Penguin Random House Drops Degree Requirements for New Jobs
There is a Dark Side to being professionally published
There are millions of indie authors that dream of getting signed by a major book publisher. Some believe that it is the ultimate badge of honor and gives them validity for all of the hard work they put in, perfecting their craft. There is a dark side to getting a publishing contract and its known in the industry as deep discounting. Standard trade royalties are based on a … [Read more...] about There is a Dark Side to being professionally published
The Biggest Publishing Trend in 2015 Will Shock You
Ever year major publishers release books by debut authors and perennial bestsellers. What is interesting is how every year the entire industry follows certain trends, whether its genre based or the 2013 trend of celebrity memoirs. The biggest trend in 2014 and 2015 has to be YouTube and Gaming content creators securing multi-book deals. The publishing industry has become … [Read more...] about The Biggest Publishing Trend in 2015 Will Shock You
Literary Agents Turn to Twitter to Solicit New Manuscripts
Literary agents are very particular about what type of manuscripts they look at. This is based on the strengths of the publishing company and what they think could sell in today's climate. Traditionally authors connect up with agents at writing festivals or big events such as Book Expo America. Recently, a few agents from Curtis Brown and Conville & Walsh did something … [Read more...] about Literary Agents Turn to Twitter to Solicit New Manuscripts
Millennials are the New Hot Segment in Publishing
The entire publishing industry has been zeroing in on the hottest new segment, millennials. A new gold rush is currently underway to sign up superstar YouTube celebrities who have built a ravenous community that will likely buy anything they write. The term millennials often refers to anyone born after the turn of the century and are between the 16 and 24. This demographic … [Read more...] about Millennials are the New Hot Segment in Publishing
How Agency Pricing Has Affected the Bestseller Lists
Hugh Howey and Friends (that really should be a trademarked superhero team name, as you'll see in a moment) has launched the sixth quarterly Author Earnings report, a seemingly flawless look at how ebooks are actually selling on Amazon. The reports have always served to try to get a better picture of how self-published authors are actually faring in the bookselling landscape, … [Read more...] about How Agency Pricing Has Affected the Bestseller Lists