Showing posts with label Kindle. Show all posts
Showing posts with label Kindle. Show all posts

Wednesday, January 5, 2011

2010 Roundup

The year is winding down, it’s time for that annual activity known as “looking back at the year that was while we’re all waiting for the old mirror ball to drop in Times Square” so let’s see what we remember about the year in publishing:

Amazon. Nook. iPad. Kindle. Kindle. Kindle. iPad. Google. Barnes & Noble. Dorchester. Digital. digital, digital. Then there was Riggio vs. Burkle. RWA vs. Harlequin. BEA vs. Tools of Change. Wiley vs. Random House. Rowling vs. Meyer. Salinger vs. Colter. E-book pirates against everyone.

Need a bit more to refresh your memory?

I think it is safe to say the word of the year was “Digital”.

Contrary to the predictions of all and sundry, digital did not begin a slow, steady march toward the expected “10% of sales by 2012”. It put on its boogie shoes and made a mad dash for double digits, leaving folks in a state of shock and awe as month, after month, the e-book sales went through the roof. (as reported by PW, digital showed a 171.3% year-to-date increase in digital sales).

One reason? It was the year of the e-reader wars. Sony was already lagging far behind when the Kindle began really heating things up. Then came the newer Kindle. Then came the Nook. And the iPad. And Kobo. Now the playing field is rife with e-reader gadgets and dozens of apps and while Kindle still reigns supreme, the iPad is nipping at its heels. B&N’s bookstore and sales of its original Nook and now the hot and well-received Nook Color, have been managed beautifully and their strategy is paying off (unlike Borders whose dismal third quarter is raising new speculation that they risk “liquidity issues” [PW, 12/13/10], B&N’s 2010 third quarter sales were up 64.3% over last year, based in great part on sales of the Nooks, the success of their new B&N on-line store and digital book sales). Much-anticipated books like Dan Brown’s The Lost Symbol and Ken Follett’s monster Fall of Giants were reported to have sold more in digital copies than hard copies. Other bestsellers did similar business, lending weight to the publishing fears that digital was going to cannibalize print.

From our particular perspective, the recent NY Times article supported what we already knew – that romance has always, and continues, to drive digital sales. Something Ellora’s Cave, Samhain and others could have told NYT! The powerhouse Harlequin has the Carina e-book imprint and the print houses are all on board with simultaneous (or nearly) release of digital formats for all their romance titles, making it not too farfetched to expect similar supremacy, and an even more massive rise in sales for next year.

Several publishing heavyweights have predicted that by 2012 digital will represent 25% of all book sales. No wonder everyone in the industry is scrambling to adjust those business models!

Beyond the issue of sales, comes the other big one-two punch for authors when we’re talking e-books: Changes in contracts regarding the digital format release of books and how it compares to print release, particularly as it pertains to the definition of “out of print”. Agents and publishers are already haggling over how to tweak this definition. It will be a vital issue for authors who are looking to regain rights over titles so that they can utilize the digital format for re-issuing backlist titles. Definitions too favorable to the publishers may mean an author can expect to NEVER see rights to those titles revert. The second sticky wicket as far as authors are concerned is even more contentious: Royalties on e-books. Right now, they are all over the place but generally not favorable to authors. We get 40% from some digital publishers. 25% from print publishers (against an average of 4 or 5% for print format). Arguments that lower production costs to publishers mean they should be paying a higher royalty to authors have so far fallen on (apparently) deaf ears. And the pricing tug of war between sellers like Amazon and publishers, and among publishers themselves over pricing of digital versus print, adds another wrinkle to the problem. As advances shrink, print runs get smaller, shelf-space for midlist titles continues to decrease, and marketing funds are chopped, for authors not in the top tier, might this make digital a more appealing option, if only for the higher royalties available? Except for the bestselling authors who get the full-page print ads and TV interviews, the rest of the pack of authors are out scrambling for ways to market and sell themselves anyway, so the smaller print advances, against higher digital royalties, may well make it a more appealing option.

Beyond the digital news, sadly, the world of books lost some major authors, and, by extension, some much loved characters. Robert Parker died at his desk, leaving one last Spenser novel to enjoy. J. D. Salinger slipped away, but we’ll always have Holden to remember him by. Belva Plain, whose epic romantic novels swept us away died at 95. Genre authors Dick Francis, Philip Carlo and popular romance author Elizabeth Thornton passed away, as did Eric Segal, author of that iconic three-hanky book of 1970, Love Story.

In our little corner of the world, we saw RWA quietly back away from their hard-line stance against Harlequin. Further, they have made baby steps toward studying the issue of digital and how it affects – and stands to benefit – the 10,000+ RWA members. We found some new confidence in the Dorchester situation as the independent publisher changed commanders at the helm. As authors of genre-blended romance and romantic fiction that doesn’t quite fit in the “box”, we saw our stories being accepted in greater and greater numbers by the e-pubs who are willing to give us – and our readers – a chance to embrace more diversity. Erotic romance and its steamy brethren continued to surge ahead, and Amish and Mennonite romance became a “thing”, but the real story was the continued rise of YA paranormal. We saw Publisher’s Weekly begin a romance review section (what were they waiting for?) and there was increased coverage of our genre by the news media, as well as a starring role for romance novels in the film RED.

What will 2011 bring? Obviously – more discussion and debate. More jockeying for supremacy on line and in the hearts of readers. Perhaps a Google settlement, once and for all. There’s bound to be new readership figures, contract quagmires, store closings, higher digital sales, new apps (by the dozen), better and cheaper e-readers. New strategies by the old-timers, and more innovation by the new kids on the block. There’s sure to be a “surprise” bestselling hit that makes a new star out of someone (perhaps even a digital-only novel!), and no doubt we will see the slew of books optioned for films resulting in yet another blockbuster motion picture.

What is the one thing that we can all be sure of?

People will keep reading.

So keep writing.

Here’s to success in 2011.

Tuesday, December 30, 2008

December 30, 2008 - Winding Down The Year

As 2008 - a year of turmoil, strife, challenge and change - winds down, lots is going on in the publishing game. Much of it points to continued tension in the business come 2009.

Publisher's Marketplace reports that the huge Barnes & Noble store in Harrisburg PA that has been under construction will not open. The Patriot-News said that the mall owner's financial difficulties have left it in default of the mortgages owed TD Bank (in the neighborhood of $50 million and change).

PM also reports, citing Freep.com, that Borders' share price, closing at $ .37 cents on Monday (a drop of $ .06) puts it in jeopardy of review by the New York Stock Exchange. The new price per share is down from the $1.00 it was at on November 26 when Borders made the announcement that it was no longer seeking a buyer. They quote a Farmington Hills turnaround expert, Ken Dalto as saying, "They tried to sell and there weren't really any takers at the price they wanted." and further, "Borders is a 1980s, 1990s concept. They are not going to have the market share they used to have. One way or another, they are going to have to downsize. The method of distribution of entertainment has fundamentally changed in the past 10 years. Borders doesn't have a cutting edge, that's the problem." The article also blames Borders' troubles on their inability to hold a market share from the powerhouse of e-selling, Amazon.

The written word lost several luminaries in the past few days. Playwright Harold Pinter passed away at age 78 on December 25. Children's book illustrator of one of my favorites, A Child's Garden of Verses, Margery Gill died at 83 (October 31st). Mystery author Hillary Waugh died on December 8th at 88. And Thomas B. Congdon, editor of, among many others, Peter Benchley and David Halberstam, died at 77.

Reported by everyone and their mother, on the "who wrote a book and lied" front this week, Angel at the Fence, the "memoir" by Herman Rosenblat - purporting to be a poignant history of how he met his wife while a prisoner at Buchenwald in Nazi Germany - has been disputed by historians and upon receiving new information from Rosenblat's agent, Berkeley (an imprint of Penguin) announced it was pulling the title. Penguin's had a tough year, having to pull the gang-memoir by Margaret B. Jones, Love and Consequences, and a scant month later they severed their relationship with romance author Cassie Edwards over her alleged copyright infringement and plagiarism of other sources.

An anonymous source at the Sunday Seattle Times said book reviews are being reduced to a single page on Sunday and a single review on Friday. At another paper, The Washington Post is losing Marie Arana, who had spent 15 years editing the Book World section of that paper. Arana is leaving to "pursue a full-time writing career" reports Galley Cat.

As newspapers cut their coverage, look to the web for continued reviews, not just for romance titles but books of every ilk. A wise author will be compiling a hefty database of these sites for their own purposes. Hey, how many papers or magazines (outside of RT) review romances anyway?

The end of the year is when we start seeing those "best of" lists (everything from best book to best cheese, I swear). So not to be left out of the stampede, I'm reporting some here (no one wants to hear what MY idea of the best books of the year were, after all!):

PW's Best Books List includes Jhumpa Lahiri's Unaccustomed Earth on the fiction list (among numerous other notable authors' titles), Lie Down with the Devil by Linda Barnes on the mystery list, the Elizabethan paranormal, Ink and Steel by Elizabeth Bear under SF/Fantasy/Horror, and the first title of the Jordan Dane tri-fecta, No One Heard Her Scream under mass market. The lists were long and varied, but these titles popped out at me.

The NY Times, of course, does everything in a big way, so their list is not the best of the year, but (drum roll, please) The Best Work of American Fiction of the Last 25 Years - and the winner is: Beloved by Toni Morrison. Runners-up included Don DeLillo's massive tome, Underworld, Cormac McCarthy's Blood Meridian, John Updike's quartet, Rabbit Angstrom: The Four Novels, and American Pastoral by American iconic author Philip Roth (who had so many titles under the other high-vote getters that they should just give him a separate list). Sadly for us feminists, the only other female author to make the pack of also-rans was Marilynne Robinson for Housekeeping.

The list was presented along with an essay by literary critic, A. O. Scott, discussing the questions raised during the selection process (debate? really?). Included were, what, exactly is fiction, what qualities would make something the "best". Even the notion of what, exactly, was meant by "the last 25 years" apparently led to a lively debate.

In the business arena, the NY Times also ran a story on December 24th predicting the e-book's slow rise is going to be picking up speed. The race is being fueled, apparently, according to Brad Stone and Motoko Rich, by the e-book device battle between Kindle and Sony (which was helped apparently in pre-holiday sales by the fact that the Kindle was out of stock, possibly the result of an Oprah plug in October which led to faster than anticipated sales. Oops.)

Steve Haber, president of Sony's digital reading division is quoted as saying, "The perception is that e-books have been around for 10 years and haven't done anything. But it's happening now. This is really starting to take off." He reports that the Sony reader sales had tripled this holiday season when compared to last year. Since the debut of the original model of the Reader in 2006, he says, they've sold 300,000 devices. Amazon wasn't talking, but a book market researcher, Peter Hildick-Smith, president of the Codex Group, said he believed the figure was approximately 260,000 units through the beginning of October (pre-Oprah). Others however suggest the number is closer to a million. Further information shows that many Kindle buyers are "outside the usual gadget-hound demographic". Almost as many women as men and it is a popular device among the 55-64 year old age group.

Simon & Shuster, along with Harper Collins and Random House, say that e-sales are still a small percentage of their overall sales, but they do agree that sales of e-books have "tripled or quadrupled in the last year".

Harlequin Enterprises reported in the NYT piece that "expected sales of digital versions of the company's books someday to match or potentially outstrip sales in print". So says Malle Vallik, director for digital content and itneractivity. Harlequin's 120 titles per month makes all of them available digitally, along with their e-only shorts under Spice Briefs and Nocturne Bites.

A last detail from the article: "Scroll Motion announced this week that it would begin selling e-books for the iPhone from major publishers like Simon & Schuster, Random House and Penguin. All of these cmopaneis say they are now tailoring their software for other kinds of smartphones, including BlackBerrys. Publishers say these iPhone applciations are already starting to generate nearly as many digital book sales as the Sony Reader..."

Both Amazon and Sony are expected to introduce new versions of their machines in 2009. And they'd better be good, because competitors like Plastic Log and E Ink, are on the way with their own devices (both models planned to be on sale in 2010).

And a little closer to home. From Penny Sansevieri, The Marketing Expert, comes some advice on writing web copy. She advises you to write in narrow columns of text; use bullet points and "read more" buttons (research shows people scan for interesting bits and then hunker down); stay on point (you have less than a second to grab attention, so distill copy to the important details); use captivating headlines and make sure to make your message obvious, using headlines, lists and bold text to convey your message; and use links - to other areas on your site and other relevant sites.

She also has some advice on making your book trailer stand out: 1. Keep it short (30 seconds); Use Flash as your program to stream your video; 3. Avoid poorly produced videos and bad acting - still shots can be just as engaging; 4. Make sure your music is Rights Free or that you own them; 5. Don't forget to include a cover of your book and where to find it.

In January there are free telecasses from AME University. The Building Blocks of Book Marketing on January 1, 2009 from 4-5 pm, and Book Signing Gold on January 22nd, same time. See Penny's link further down the page for details or send an email to author@amarketingexpert.com.

Once again let me suggest that you subscribe to this e-zine newsletter. It is chock full of info on marketing and promo and has lots of links to classes and other opportunities.

And further on the author marketing front, Amazon has launched Author Pages - though it is experimental. 2,500 "customized selling pages for authors", which "store" the company hopes to make home to webpages for all authors. (Reported by PW, PL and by Galley Cat). Here's what Amazon says: "Amazon has added a new way of finding books to its site, which the company is calling Author Stores, single pages that feature all books from a particular author, plus, in many cases, an author photo and some related content, such as a biography, message board and streaming video."

So much for tonight, folks, this is a lot of information. I've got plenty more where this came from so look for Winding Down the Year, the Sequel, tomorrow. Same place.

Tuesday, December 23, 2008

Making Up For Lost Time

Cutting right to the chase with lots of news.

From 12/23/08 Publishers Lunch:

Borders has gotten an extension of another month on repayment of their loan to Pershing Square ($42.5 mill). PL says "The nearly worthless stock has still managed to decline another 20 percent in early trading today, though Barnes & Noble has suffered weak trading the past two days as well."

ScrollMotion's interface for iPhone books has made arrangements with a variety of publishers. Random House is in on this deal and is releasing a dozen books on iPhone. PL notes a Wired report that Twilight will be among the books making the leap.

The technology, called "Iceberg" allows Apple to get in on the business and get a percentage of sales. And "ScrollMotion says it envisions a more organized app store and iPhone/iPod interface in the future where titles could eventually be sorted and grouped creating a virtual library of all your books."

The price sounds steep, though, when compared with e-books. Between $12 and $28, found PL - 30-40% more than the respective Kindle edition of the same title. Twilight will be $10.99 for the iPhone book, versus $6.04 for the Kindle copy.

Publisher's Weekly December 15, 2008 edition was chock full of news, reports, reviews and info, too.

For those of you who remember Francis "Baby" from Dirty Dancing (and who doesn't? - send good thoughts out to Patrick Swayze who's fighting the good fight against his cancer), the PW Pick of the Week is a biography of Frances Perkins, FDR's secretary of labor and the first woman in the cabinet. Kirstin Downey's Doubleday/Talese book debuts on March 3, 2009, for the history buffs out there.

The Forward column in the issue debates the pros and cons and marketing value of author websites. While no one has yet been able to get proof-positive that a good website = good sales, most folk agree that if you haven't got one, you're not helping yourself. PW reports that Carol Fitzgerald, founder and president of Book Report Network feels "having a Web presence gives writers a chance to extend the conversation with their readers." She's "less concerned about authors having a message board or book trailer than with providing a go-to place for fans." PW passes on her warning not to overdo the Flash, though. She also thinks that a blog is a easy way to keep your site fresh. This sentiment is seconded by author Chris Bohjalian, who enjoys blogging and finds it "the easy part of maintaining an online presence." He recycles content from his weekly newspaper column, a concept also espoused by Penny Sansevieri, marketing guru (see past posts). He says, "It all goes back to that notion that an author is no longer a disembodied face on the back of a book jacket."

But the most succinct statement (IMHO) is that of Steve Bennett, author of 50 titles and president of Author Bytes, which builds author Web sites. "A Web site is your locus in space. It's not that people can't get basic author information on Amazon. But they're looking for extras. The Web has changed the way we learn about products and services; it's hard to imagine succeeding without it."

Dean Koontz, horror master and perennial visitor to the NY Times bestseller list, has his latest title at #8 on the PW Hardcover Bestseller Fiction list. He's spotlighted and has the following to say about that question all writers get: "Story ideas have come to me from lines in songs, from a scrap of overhead conversation, from just about everywhere. And sometimes a story pops into my head and I have no idea what the source of it was." The title, Your Heart Belongs to Me had an 800,000 copy first printing. Guess Dean's doing something right!

When fans of Charlaine Harris' Sookie Stackhouse series heard about True Blood they were all a twitter. But it appears the series is making new fans for the authors' quirky heroine. Backlist sales were so great that Ace created a 7-volume boxed set. 130,000 copies have shipped so far. Ace Associate Director of publicity, Jodi Rossoff crowed, "We knew it would do well, but it has surpassed our expectations."

And speaking of vampires, did you think that maybe the vampire romance genre was cooling off, what with dragons, gargoyles, demons and gods on the scene? Apparently not. The 12/15/08 Mass Market Bestseller list has 3 vampire titles on the list.

Gotta love it, too, when our President-Elect has two titles on the Trade Paperback Bestseller list! (Dreams from My Father and The Audacity of Hope are at 2 and 3, respectively).

Another story on the technological has me stumped, except for the openers. The title of the article, What the Hell is XML, sums it up for me, but the intro makes a strong case for e-books, e-marketing and the changes being wrought to the traditional publishing models. Article's author Mike Shatzkin (founder of the Idea Logical Company and one of the creators of the StartWithXML project) says bluntly: "Print book review media and subscription books clubs are fewer in number and, most critically, bricks-and-mortar retail shelf space for books is being reduced." He highlights the proliferation of on-line review sites. As we've all seen, too, print review in even the biggest newspapers is dwindling, with some abandoning their entire book review sections. Further, says Shatzkin, "While sales of books through bricks-and-mortar locations are stagnant, sales through online channels....are growing. A goodly portion of those sales are driven by 'referrals' from specialized Web sites." At the heart of the changes already being experienced, "The shift from traditional to digital marketing is already changing publishers' mindset when books are acquired ("Does this author have a Web site?")."

So it isn't just the book format that we're seeing veer into digital, but the marketing of the titles as well. I'm not the first to say it, but I keep hammering at the bottom line: Digital is going to be where it's at. Be there or be square! Start compiling those lists of on-line review sites. Can't get a Times review? How about SmartBitches Love Trashy Books, Coffee Time Romance and dozens more.

Lots of great reviews in the issue, too (where, or where am I going to put all these books?!).

Bestseller Susan Elizabeth Phillips' latest, What I Did for Love (Morrow/Feb. 09) garnered a starred review for a "over-the-top, hot-under-the-sheets romcom". "In this massively entertaining romp, redemption is always possible, and even a fake Hollywood couple trapped in a pretend marraige might find true love."

Edgar-award winning mystery author Alex Berenson's forthcoming "The Silent Man" (Putnam/Feb. 09) features CIA agent John Wells and his fellow agent and fiancee, Jenny Exley. PW says about the bad guys in the "well-plotted and thoughtful" thriller: "These extremely clever villains...aren't mad dog idiots but credible characters..." In summation, "Fast and furious when it needs to be, this is a welcome addition to an excellent series."

Of interest to those self-published authors, or if you are thinking about taking that route, take note that in addition to The Celestine Prophecies and Eragon, both originally self-published, a new St. Martin's/Dunne Feb. 09 release, "Hater", by David Moody, was originaly self-published, as well. Termed a "nail-biter", it has gone that extra mile and has been optioned by Guillermo Del Toro for film. Success stories are out there, and since a self-pubbed title that sells 5,000 or more copies (by dint of the author's hard work), generally gets attention from established publishers looking to get a product that's already been test-driven, it is a viable option for an author who may not fit "the box" of many publishers. Lulu and iUniverse/Authors House and X-Libris are the big three when it comes to self-pubbing. Check the sites for answers to your questions on the hows and how-muches of self-pubbing.

Debut author Meredith Cole's St. Martin's/Minotaur mystery "Posed for Murder" won the Minotaur and Malice Domestic's Best First Traditional Mystery competition has an amateur sleuth and a NY setting. PW found it "entertaining".

Romance author Sharon Ashwood has switched genres with her latest, an urban fantasy romance (first in a series). "Ravenous: The Dark Forgotten" (Signet Eclipse/ Feb. 09) is a "well-paced tale of supernaturally infested Fairview, U.S.A." features witch Holly Carver, handsome police detective Conall Macmillan and her "undead business partner" (and, apparently more!) vampire Alessandro Caravelli. "Strong world-building and romantic elements benefit from deft tuoches of humor; readers will look forward to the sequel." Nice start, Sharon!

On the non-fiction side of things, there are a couple of titles that may help those writing both contemporary military characters: Soft Spots: A Marine's Memoir of Comat and Post Traumatic Stress Disorder" by Marine sergeant Clint Van Winkle (St. Martin's/March 09, and FBI agents: Bullets, Bombs, and Fast Talk: Twenty-five Years of FBI War Stories" (James Botting, Potomac, Feb. 09). Memoirs are a great way to gather emotional and immediate details that speak to a reader where dry facts don't, and to give authors insight into characters who are living lives you never have!

The internet and all the fun folks are having in the virtual universe has a downside too. While the legal universal is still playing catch-up, the case of a forged MySpace page is being litigated (claims of emotional distress and defamation). Another media case in the courts concerns the use of "fleeting expletives" and other languaged deemed sexual or obscene in televised media. So far the Supreme Court holds the First Amendment supreme, and given the likelihood that President Obama will appoint liberal judges to any vacancies, it seems destined to remain so for the time being. But keep tabs on rules, regulations and, soon, laws, promulgated regarding obscenity (always a flashpoint for critics) on the web and other new media. Knowing what you can and cannot say, what might get you in hot water, and understanding basic defamation/libel strictures is a wise choice for anyone posting commentary on the web, like blogs, journals, podcasts, and statements on other social sites. When it doubt, zip that virtual lip!