Archive for January, 2011
Interesting article about the failure of the traditional publishing model in today’s environment:
Here’s the way publishing used to work, when it worked well: Author writes book, gets an agent. Agent submits book to publisher. Publisher likes book, pays author decent advance, prints up copies of book. Reviews ensue. Book can be found in bookstores, readers buy books. Readers (hopefully) like book and tell their friends. Author and publisher make money.
This model has been fractured. Advances are anorexic. Bookstores are thinner on the ground. Newspaper reviews, once the mainstay of highlighting a book, have declined. There are now thousands of books blogs, but a relative few of them can get the word out to more than a few readers.