Only the most established agents will be able to convince publishers to take a chance on an unknown novelist or a historian whose chosen topic does not have the backing of a news peg. The swollen advances that have come to represent all that is reckless and sinful about the way the business is run will grow, not shrink. Authors without “platforms” will have a more difficult time finding agents willing to represent them.That’s not good news for new writers or those writers struggling to stay in print.
Mid-list projects, Mr. Abate said, the kind of books that have traditionally attracted advances in the $50,000 range, will suffer as a result: For little-known literary authors and journalists, “the advances are going to be lower and it will be that much harder to sell them.”The author of the article, Leon Feyfakh, says this:
In fact, he said, these books “might not even get bought.
What lies ahead instead is a necessary scaling back of ambition: an age in which the gambling spirit that has kept book publishing exciting gives way to a shabby, predictable environment that cows its participants into avoiding all things adventurous and allowing only the proven few a seat at the table.One thing all of this says to me is that if you’re lucky enough to get published this year or next, you’ve got to take advantage of the web 2.0 world. Get out there on the internet and promote yourself and your book.
What do you think about this article? What should a writer or newly published author do? Is this just a cycle like our downward economy? Will this raise the status and number of e-books?