The Relentless March of E-books

The AAP released their monthly figures (for May) on Thursday, and the same trends that we have seen all year have continued. Print is in freefall. Adult hardback dropped 38.2% year-on-year, adult trade paperback fell 14.3%, and adult mass-market paperback plunged 39.4%. By contrast, e-books grew 146.9% year-on-year. Children’s YA paperback bucked the trend by growing in May 2011 by 4.7% year-on-year.¬†However, when we look at how all categories are performing in the first five months of 2011, these kind of spikes tend to flatten out. Print is being hammered. Adult hardback is down 23.4% from the same period in 2010. Adult trade paperback is down 17.9%. Adult mass-market paperback is down 30.1%. Children’s/YA hardback is down 6.3%. Children’s YA/Paperback Read More…

Batting for a Broken System

There was a ridiculous article last week in the Wall Street Journal called “Cherish The Book Publishers – You’ll Miss Them When They’re Gone.” I was going to write a take-down of this, but Kris Rusch and Joe Konrath beat me to it. You should check out both their responses. Krus Rusch goes point-by-point, and Joe Konrath, in a post titled “The Tsunami of Crap”, laughs at the ridiculousness of it all: “Some people believe the ease of self-publishing means that millions of wannabe writers will flood the market with their crummy ebooks, and the good authors will get lost in the morass, and then family values will go unprotected and the economy will collapse and the world will crash Read More…

Are Big Publishers Losing The Battle For The Big Backlists?

Ian Fleming Publications Ltd., the company which manages the literary estate of the deceased James Bond creator and thus controls not only all pre-existing James Bond works, but all future ones too, have been in the news this morning It has been announced that Simon Trewin from United Agents is no longer representing the company, which has been snapped up by Jonny Geller of Curtis Brown (UK). The reasons for the move are unknown, but will be speculated upon. The timeline is interesting here, and I can’t help but wonder if this is something to do with the James Bond backlist. These titles should be especially lucrative given that Bond has shifted over 100m copies in print. Some are available Read More…