Thursday, April 09, 2009

New News

I thought today I’d give you some quotes from the world of publishing news.

Here’s one on ebook sales that came out of New York via Marketwire:
The Association of American Publishers (AAP) reported last week that eBook sales represent the fastest growing segment of the industry while US book sales are in decline across all major book publishing markets.

eBook sales are skyrocketing as we head into 2009. Reported eBook sales figures for January 2009 alone grew by more than 170% over January 2008.
From an article on self-publishing in the Wall Street Journal, we have:
"We know that 411,000 new books were published with ISBN numbers in 2007, and a significant number of those were do-it-yourself authors."
Back in February, PaidContent.org had this to say about “crowd-sourcing”:
Author James Patterson has “crowd-sourced” his new book Airborne. Patterson, who has pumped out a number of best-selling crime novels, wrote only the first and last sections of the new 30-chapter novel; publishers Borders Australia and Random House held a contest to find 28 writers to pen the rest of it.
And, finally, this from an article in The New York Times about author Scott Turrow’s decision to switch hardcover publishers:
Gail Hochman, Mr. Turow’s agent, said splitting editions between two houses made it more difficult for an author to achieve the best possible financial arrangement. “We’re not unhappy with anything we’ve gotten, but it stretches the boundaries of the business,” she said. “Any publisher will acknowledge that if they are going to pay a significant advance for a significant author, they can make their money back and work harder on the book if they have two editions.”
That’s all the New News for today.

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9 comments:

  1. Very interesting news quotes. I want to read more about them so thanks for the links.

    Jane Kennedy Sutton
    http://janekennedysutton.blogspot.com/

    ReplyDelete
  2. Good morning, Marvin & Jane. Hey, you don't need a newspaper when you've got me, right?

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  3. That's a lot happening. Just wait until you see my Friday roundup post - it was truly a busy week!

    L. Diane Wolfe
    www.circleoffriendsbooks.blogspot.com
    www.spunkonastick.net
    www.thecircleoffriends.net

    ReplyDelete
  4. I will be there, Diane. I love your Friday roundups!

    ReplyDelete
  5. Interesting information thank you

    I am now looking for pod radio guests my Saturday Book and a Chat where Page Turner has been on and GreenBean will be on next month... Is so booked I have started booking for a Wednesday show at 6:30pm EST (30mins chat) if you are interested email me at knight2k4@hotmail.com

    Storyheart

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  6. Great news about ebooks. I hope my profits soar 170%(or more) this year also.

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  7. Guess that answers my question yesterday when headlines came out about romance book sales on the rise...I was wondering if ebooks would skyrocket during the recession because it's a cheaper form of escape than hard cover or even mass market paperback. The answer is yes!

    --Lisa
    http://authorlisalogan.blogspot.com

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  8. It definitely is good news on e-books.

    Congrats on the success of your pod casts, Storyheart!

    ReplyDelete

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