The collective insanity of the publishing industry - Gene Doucette
Unless you’re a writer, I imagine you haven’t been paying quite as close attention to the publishing industry and all its weirdness as I have, and that’s a shame, because it’s been really entertaining. Actually, entertaining isn’t the right word. It’s been insane, but the kind of insane that’s unre…
Hasnain says:
"Soon after that contract was signed, the other Big 5 contracts came due, and they all asked for the same Agency Model arrangement. Thus, the finest minds in publishing—or one might assume—negotiated themselves out of an arrangement whereby they sold more units at a lower cost without suffering the financial impact that comes with a lower unit cost.
On purpose."
"I mean it. One article after another, from the New York Times on down came news pieces declaring that print was making a comeback at long last, and the long national nightmare was over.
All it took was the biggest publishing companies in the world deliberately murdering their own share of the market. And it wasn’t even true."
"The only problem is this: the largest seller of print books right now happens to be Amazon. Guess who saw an uptick in print sales in 2015?"
Can I please have some of whatever they are smoking
Posted on 2016-03-02T06:21:38+0000