The Book Biz
Simon & Schuster will become the first major publishing company to dive into the booming self-publishing market, the Times reports.
Self-publishing has promised a lucrative future for book publishing, even as it seemed like the last resort for authors who have not been able to go through the traditional book publishing industry.
Amazon has started what it’s referring to as “a $6 million annual fund dedicated to independent authors and publishers.” It sounds like a fellowship program but it’s actually a pot of money for luring self-published writers into exclusive short-term contracts with the Kindle store. The more bestselling writers the company can lock into the Kindle (however temporarily), the less appealing rival e-readers will be. This has already gotten some authors into trouble with Barnes & Noble, which has refused to stock print books by authors it cannot sell through its own digital platform, the Nook.
Adrian Zackheim is the publisher of Portfolio, Penguin’s business book imprint, as well as Sentinel, its dedicated conservative imprint. We assume that it’s because many self-published authors tend to consider themselves businesspeople that Mr. Zackheim has now put out a blog post to tell them why it might not be worth it, from Read More
Plenty happens each day—how to keep up with it all? Time to test your memory!
–What route (reported on this week by The Observer) may have just made an enterprising author rich?
–Which sometime New York actor is to play the villain in the next Batman film–unless he Read More
Adrien Field, a stylist for Vibe and a fashion blogger, is working on a new novel, about the world of New York stylists, and he’s confident that he can get it published. “Between Vibe, writing for the Huffington Post, my blog, going out and gathering press about myself–I don’t know anyone as compelling as myself.” Read More