Labor Day starts a new season for most people. This is true in publishing, too. Fall releases of new books ramp up until the holiday season. Acquisition editors begin in earnest this time of year to put together their next catalog and plan for the one after that. Writers like to turn over a new leaf and recommit to their writing goals for the long winter ahead. In year three of this new era brought on by a global pandemic, publishing continues to change rapidly. The anti-trust hearings regarding the acquisition and merger of Simon & Schuster by Penguin Random House wrapped up final arguments, but the Department of Justice investigations opened up the industry for closer scrutiny. And it ain’t pretty. The case largely focused on agented authors who commanded advances over $250,000 and the question of whether fewer publishers bidding on intellectual properties diminished the size of advances. While most authors do not command such advances, the diminishing number of publishers creates a market situation in which there are so few buyers as to be a monopsony. A monopoly is when there is only a single supplier, but a monopsony is when there is only one buyer. If there are only a handful of buyers of book manuscripts, that is not a good thing for authors. The argument that new publishers are entering the marketplace didn’t hold much water with the judge in this case. The Penguin Random House attorneys argued Cindy Spiegel and Julie Grau started a…
Last year the Department of Justice won the anti-trust lawsuit against Penguin Random House when it had tried to acquire Simon & Schuster. The financial penalties led PRH to eliminate a good number of people from top executive positions. Not surprisingly, some of those great minds decided there might be a different business model for book publishing worth investing in and have started Authors Equity…. [Read More]
“I am looking for authors with a distinctive voice.” [on an agent’s website] “Great premise but I couldn’t connect with the writer’s voice.” [publisher’s rejection] “The voice isn’t strong enough in the first ten pages to make me keep reading.” [agent rejection letter] So what do editors mean by “voice” when they talk about the craft of writing? Voice is the individual writing style of… [Read More]
Wondering what to gift the avid reader in your life this holiday season? Look no further! Here are some creative gift ideas for bookworms that are sure to delight. Blankets and cozy socks There’s nothing quite like curling up with a good book, and these warm, fluffy gifts can make every reading experience even more comfortable, especially in these cold winter months. These blankets from… [Read More]
Memoir allows readers a glimpse into the lives of others, the struggles they’ve gone through, the lessons they’ve learned, showing the width and breadth of the human experience. And with the added visual element, graphic memoir brings another dimension to the story and pulls the reader into the setting without the need for prose description, visually transporting readers to lands and perspectives different from their… [Read More]
After years of research and writing, author Sharon Yntema has published her latest book, Ithaca Area Bookstores: Two Hundred years of Bookstore History in Tompkins County 1819-2019. A compendium of retail operations dedicated to purveying books offers a history of a reading community through the lens of bookstores. Sharon agreed to an interview about her new release. Q: When were the first bookstores opened in Ithaca? The… [Read More]



