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The wolf is falling!

(get it? get it?)

Anyway, this is just depressing. So many details of it...


THE END: The book business as we know it will not be living happily ever after. With sales stagnating, CEO heads rolling, big-name authors playing musical chairs, and Amazon looming as the new boogeyman, publishing might have to look for its future outside the corporate world.

Brilliant article, and I'm just halfway through it.


Sep. 25th, 2008 12:02 am (UTC)
Us small publishers aren't having a much easier time of it, so far as I know. Just back to the basics, except with shallower pockets than the folks who started things back in the day, and with a public less interested in reading, it seems.
Sep. 25th, 2008 12:25 am (UTC)

Um, there's small and small. I meant it when I used the term "small/midsize": the publishers I had in mind are relatively well financed, but they're not HarperCollins or even Tor . . . more like Four Walls Eight Windows.

I think it's a myth that people are less interested in reading than they were.

I was recently at FantasyCon in Nottingham, UK. There was a problem with pilferage: cash, a projector, other valuables went missing, presumably thanks to infiltrators. What was astonishing was that these thieves were also filching books from the dealers' room -- small press books, at that!

In trains in the UK and on the plane both ways there were people like me immersed in books . . . and you can see the same in any subway carriage in NYC or London. I think I saw one Stephanie Mayer during the trip; most of the rest were books with which I was unfamiliar.

Obviously this is all anecdotal stuff, but I've seen proper scientific research that suggests people are if anything reading fractionally more than they used to.
Sep. 25th, 2008 12:51 am (UTC)
I'd love to see proper scientific research. On trains in the US, I've seen other readers, but not a good percentage (maybe 1 in 50, maybe less?). Planes and buses less so, still, excepting semi-recent existence in a college town where, if folks were reading on the bus, it was generally a textbook. :)

But my glasses are currently also tinted by living in a town that gets serviced by a bookmobile instead of having a proper library, and doesn't have a bookstore. Plus it's a Wednesday that feels like a Monday. ;)
Sep. 25th, 2008 03:03 am (UTC)

"But my glasses are currently also tinted by living in a town that gets serviced by a bookmobile instead of having a proper library, and doesn't have a bookstore."

That may offer a false picture. Our burg likewise doesn't have a bookstore; we have a library, but it's smallish and not especially well stocked. (They waste too much of their funding on buying multiple copies of the new Danielle Steele, John Grisham, whatever.) Yet whenever there's a book/library sale the locals descend upon it like a plague of locusts. Clearly there's a demand that a bookshop could meet; it's just no bookshop has yet taken the plunge.

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