Four News Items on the Publishing Front

(1) It was recently announced that Pulitzer Prize-winning playwright, David Mamet, will self-publish a novella and two short stories.  His previous book, The Secret Knowledge: On the Dismantling of American Culture, was a best-seller, yet Mamet has complained about poor marketing by publishers.  His agent, ICM, recently announced its new self-publishing service, following the lead of Trident Media Group, who initiated a similar program last fall.

According to Bowker, some 235,000 books are self-published each year.  Given the realities of the conventional publishing world (aka, NY Literary Mafia) these days, I suspect the figures will continue to climb.  25% of the top-selling books on Amazon last year were self-published.

Agencies aren’t the only ones encouraging authors to consider this option.  Major houses like Harlequin and Penguin now also have self-publishing divisions. 

(2) Another phenomenon is the “small” book.  Stephen King’s essay, “Guns,” is only around 25 pages or so in length.  This is too short for a printed volume, but the work is doing quite well as a Kindle Singles release.  [It should be appended that Amazon does a far better job marketing than some of the NY firms!]

(3) In a sign of a notable trend, e-books amounted to 22.55% of all sales in 2012 -- $1.54 billion of $7.1 billion. 

(4) Finally, Oscar-winning director Steven Soderbergh is apparently writing a novella – on Twitter! 

The Pendulum Continues To Swing Toward Digital Books!

In “Barnes & Noble Cuts Back Simon & Schuster Titles,” a recent Wall Street Journal article, Jeffrey A. Trachtenberg covered ongoing tensions between the bookstore chain and the publishing giant.  Included within the piece were some interesting statistics:

“The disagreement comes as readers increasingly embrace e-books. At Simon & Schuster, for example, digital-book sales grew 24% in the fourth quarter, even as total publishing revenue fell 6%. Digital books represented 24% of total publishing revenue that quarter, up from 18% a year earlier.”

While hard copy editions will not go the way of the dinosaur, it seems increasingly obvious that the market share of digital books will continue to increase!

HAMLET, REVISITED is now available!

I decided to upload Hamlet, Revisited:  A Familiar Tragedy, But In One Act (and in Two Versions) for Kindle Direct Publishing.  It is billed as a "closet drama," and this designation is probably reasonable.  I am not altogether certain how well it might work on stage, but it definitely "reads" well.  The plot twist and iambic pentameter seem to work well, and thus far the one act drama has been well received.

The work can be accessed through the hyperlink below (or via JanusLiteraryAgency@gmail.com).

http://www.amazon.com/Hamlet-Revisited-Familiar-Tragedy-ebook/dp/B00BDDKUTY/ref=sr_1_2?ie=UTF8&qid=1360818036&sr=8-2&keywords=Hamlet+Revisited

My Interview with Joshua Bell

Stay Thirsty Publishing has released my interview with violinist/conductor (leader) Joshua Bell, whom I interviewed on January 31st.  It is yet another beautiful layout, with brief excerpts from the forthcoming CD's of Beethoven's 4th and 7th Symphonies and a number of fine photos.  Here's the url:

http://www.staythirstymedia.com/201302-078/html/201302-cavallaro-bell.html

Publishing News: “Big Six” may soon be a “Big Four.”

I think we can see more of the “writing on the wall” for the publishing industry.   On October 29^th, the proposed merger of Random House and Penguin was announced.  Within three weeks thereafter, the Wall Street Journal reported merger talks between HarperCollins and Simon & Schuster.  Thus, the “big six” may soon become the “big four.”

Simon & Schuster is now owned by CBS.  The firm publishes titles under something like three dozen imprints – most of which were at one time separate, independent publishing companies in their own right.  However, “the big fish ate the little fish,” as the saying goes, and as I remember only too well from my days as a literary agent.  [Simon & Schuster bought up Prentice Hall, and effectively killed one of the book titles I had placed at the latter house.]

HarperCollins is now owned by Rupert Murdoch’s News Corporation Ltd.  It, too, has numerous imprints.

The same is true for Random House (which includes Dell, Dial, Doubleday, Knopf, Modern Library, et al..).  The German firm, Bertelsmann, now owns the Random House Group – the same Bertelsmann who were once the largest publishers of Nazi propaganda (and, allegedly, even benefited from slave labor under the Third Reich!).

On to Macmillan (which includes Holt, St. Martin’s, and Farrar, Straus & Giroux among others).  Another German company, Holtzbrinck Publishing Group, now owns Macmillan.

The Hachette Book Group includes Little, Brown & Company and Warner Books, and is owned by the French firm, Hachette Livre, which is itself owned by Lagardère Publishing.

Finally (saving the largest for last), there is the Penguin Group, which includes Putnam and Viking.  It is owned by the British conglomerate, Pearson. 

But what does this mean for authors?  Obviously, it will become increasingly more difficult for outsiders to “break in” or even “get a foot in the door.”  There was a time when a manuscript could effectively be shopped around to 20-odd houses in New York and eventually get published.  Now, with centralized (computerized) control over increasingly fewer publishing options, things can only get more difficult.  Where HarperCollins and Simon & Schuster might once have bid against one another for a title, they will soon be the same company. 

Is it any wonder, then, that I continue to believe more openings lie in the world of digital publication than through the good graces of the New York Axis?  The Big Five or Big Four -- who may some day be the Big One or Two! -- will continue to serve the privileged few (celebrities, insiders, jocks, politicians, syndicated media personalities, etc.), but for most of us, the future lies in iPad, Kindle, Nook, and other such technologies. 

Paganini tops Bieber, Khalifa??

This posting is somewhat dated, alas, but here goes.

Last fall, Stay Thirsty Press launched a "free promotional" weekend on Amazon -- a practice that is not at all uncommon these days.  The idea is that as more people read a work, they will tend to pass along the good word.  With any luck, these "promotionals" lead to sales in the future.

Under the category of "Music/Biographies" (which, we must assume, includes historical fiction as well), Charlie Brown's book on Wiz Khalifa finished #3, and Andrew Morris' volume on Justin Bieber took the #2 slot.  Topping the list was Paganini's Fire.

How often does a 19th century violinist top finish ahead of two pop stars?  Let us hope that this novel is finally beginning to gain some recognition!

Another (co-authored) e-book Now Available on Kindle!

On December 7^th, Don Gibbons, Ph.D., and I uploaded our volume, Exploring Alternate Universes:  And Learning What They Can Teach Us.  The bulk of the text stems from Don’s work as a clinical psychologist.  Amazingly enough – and I suppose I must anticipate this question! – these “alternate universes” actually do provide a valid instrument for personal growth, self improvement, and (in a clinical setting) therapy. 

This will almost surely develop into the “alternate and parallel universes” series, utilizing techniques of self-hypnosis and hyperempiria.  We have found a number of practical applications for various endeavors, and Don’s notion of “remembering the future” should prove particularly helpful in the volume that addresses motivation.  Stay tuned. 

Meanwhile, readers can find this 99-cent volume on Amazon through the following link:

http://www.amazon.com/Exploring-Alternate-Universes-Learning-ebook/dp/B00AJZI3S2/ref=sr_1_1?ie=UTF8&qid=1355629472&sr=8-1&keywords=exploring+alternate+universes

Enjoy!!