Commentary on various aspects of publishing and marketing, primarily focused on books, magazines, and social media.

It’s Hard Out Here for a Pragmatic Optimist

Sanctum Sanctorum, 01/10 by glecharles
Sanctum Sanctorum, 01/10 by glecharles

“Publishing was never a business based on Wharton standards. It was a rich boy’s hobby.”

Steve Wasserman (Kneerim & Williams)

Working in publishing isn’t for the meek. Neither is writing for that matter. They’re two things I’m really passionate about, though, and I’ve always counted myself lucky to work in the publishing industry, despite the ever-present danger of familiarity breeding contempt.

Over the past couple of years, though, it’s been particularly tough; like playing on a solid defense for a football team that has a terrible offense, constantly watching the QB get sacked, the RB get stuffed, WRs getting manhandled… and running on fumes by the 4th quarter as a result.

I consider myself a pragmatic idealist with an optimistic lean, but when you see colleagues and friends losing their jobs due to reasons beyond their control and underlying problems they didn’t create, it can be tough to feel good about the good things you’re involved in.

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New Year’s Publishing Predictions, Resolutions

#32 be the change by the8rgrl
#32 be the change by the8rgrl

I’m not usually one for making predictions — the only thing I hate more than gurus and pundits are self-proclaimed futurists! — but I couldn’t pass up offering my two cents to Folio: for their 2010 round-up of magazine and media predictions:

Consolidation and debt restructuring will continue apace. More niche brands will focus on ‘communitizing’, with magazines becoming part of a larger ecosystem that will include virtual events and books, both print and electronic. Advertising will finally stabilize, but “growth” will mainly come from search and custom initiatives, including some ill-conceived “conversational marketing” programs that imagine Twitter as a viable hub. Digital magazines and mobile apps will be a bust for all but a few brands as the ROI fails to materialize. The Apple Tablet will be more horse than unicorn, becoming a major player in portable gaming but with minimal impact on publishing.

New Year’s resolutions have never been my thing, either, but in light of all of the negativity and DOOM! surrounding the “future of publishing”, I thought it would be fun to make a few public resolutions, if for no other reason than to see which ones I can stick with, and how long before I break the others.

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Reflections on, Takeaways from #eBookSummit

mediabistro.com eBook Summit in New York by Mediabistro
mediabistro.com eBook Summit in New York by Mediabistro

“I suppose we could sum up this entire two-day conference under the headline ‘too early to tell.'”

–Steve Wasserman (Kneerim & Williams)

I attended MediaBistro’s eBook Summit this week and Wasserman’s summation is perfect; consumer book publishing is smack in the middle of the digital transition, and solid answers about how it will all play out are hard to come by. That doesn’t mean, of course, that there aren’t plenty of people willing to throw their two cents (and millions of VC dollars) into the conversation.

While ostensibly a competitive event with Digital Book World, my sense was that both the program and attendees were very different from ours — the former more theoretical and broader; the latter… well, just different, I’d say. There’s clearly room for both events, which I was actually glad to see, because I’m a fan of MediaBistro and I don’t want the wonderful Carmen Scheidel getting mad at me after we just became friends!

I live-tweeted both days of the Summit — Day 1 and Day 2 (sorry LiveJournal friends!) — and after cleansing my palette by reading more of the latest issue of Monocle (an absolutely beautiful example of what can and should be done only in print), here’s my top five takeaways:

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5 Things Books Should Learn From Magazines

Like my favorite writers, the magazines I truly value introduce me to new things, or show me new angles on the familiar, that I'd not have come across on my own. In my own series of posts for Folio: a few months back, I made the point that content + context = value, declaring that magazines that nail the equation will survive. That same math is also valid in the conversation about the future of books.

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eBooks: The False Dilemma

People will continue to read printed books for a long time, just as some people still watch movies on VHS. But the printed book will be "dead" in a few short years in the sense that the bulk of the adoption curve, the pragmatic majority, will have moved on. --Arvind Narayanan, "The death of the printed book is closer than you think" Narayanan's post is the latest addition to the tiresome "print is dead" meme, and like the vast majority of digital evangelists, he presents a false dilemma, posits a zero-sum scenario, and evokes the tired and largely irrelevant example…

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Everything You Thought You Knew is Wrong

Earth time. by A National Acrobat
Earth time. by A National Acrobat

And this is what surprises me. Harlequin, you’re brilliant. You’ve made nothing but all the right steps in all these decades of publishing. You flourish where others founder. You took a great (welcome) leap with Carina, but this? This displays the business sense of a kindergartner.

–Moriah Jovan, Harlequin: Ur doin it rong

How fast is the publishing industry changing?

Two weeks ago, I praised Harlequin for their new digital-only imprint, Carina Press, noting that its business model, while not “new” by any stretch, was a great leap into the future for a traditional publisher to make, especially a well-established leader in its niche. Commentary about the new initiative was mostly positive all around, and purely measured on buzz, its announcement was a PR success.

Last week, they got a noticeably different response to another new initiative, the launch of a self-publishing program under the banner Harlequin Horizons, in partnership with Author Solutions, Inc.. The backlash was fast and furious  from both the Romance Writers Association and several outspoken members of the romance community, including Jackie Keesler, whose “Harlequin Horizons versus RWA” post is a must-read.

By almost any definition, last week was a PR disaster for Harlequin, but for authors, it was just the latest sign that everything you thought you knew about publishing  is wrong.

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