KOK Edit: Your favorite copyeditor since 1984(SM)
KOK Edit: your favorite copyeditor since 1984(SM) KOK Edit: your favorite copyeditor since 1984(SM) Katharine O'Moore Klopf

Wednesday, December 03, 2008

More Bloodletting in Publishing

This is all very frightening:

Some in the industry are callling today publishing's Black Friday, meaning not that things are happening to put the industry in the black but that members of the industry should be wearning black armbands in mourning.

But this mess has been caused by
  1. Publishing's failure to keep up with changing technology (e-readers, anyone?) and readership patterns

  2. Dumb joint practices with bookstores (e.g., returns) that the industry hasn't changed in years

  3. Giving outsize advances to a few superstars who tell every squalid thing in their ghost-written autobiographies or to authors of blockbusters, instead of giving more realistic advances all around

  4. The recession that the United States has been in for a year already, though Bush and big business alike have been in denial until now

Yeah, I'm ticked off—and scared for my friends who still are employed by publishers and worried about what this means for my editing business.

1 comment:

libhom said...

I think another problem is that marketing departments play too much of a role in selecting which books are published. More and more, the books I by are from small presses.

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