Showing posts with label Hachette. Show all posts
Showing posts with label Hachette. Show all posts

Saturday, October 25, 2014

Opinion — A Mini-Rant On The Publishing Wars

Scribner's Bookstore, Books as Treasures (Princeton)

Nobel Prize winning economist Paul Krugman and the prestigious Author’s Guild as well as many best-selling authors have pretty much painted Amazon as super villain and enemy of freedom and democracy.  Krugman made the point in a recent column that Amazon is not playing fair with Hatchette, the last of the big American publishers and that this endangers the American way of life. I’m a fan of Krugman, the Guild and many of the anti-Amazon authors, most of whom are gigantic businesses themselves.  I have no doubt Amazon is playing hardball and, as is the case in all major battles, folks get hurt. It wasn’t long ago that Borders and Barnes and Noble decimated independent bookstores through predatory location practices getting better deals from big publisher and therefore offering discounts not possible for the independents to offer. The marketplace changes, technology evolves, reader habits respond to the environment. 

But let’s look at some facts and put them in perspective. Hachette isn’t an American publisher.  It is French. That is certainly no crime and its country of origin wouldn’t put me off one iota, but this publisher, like the others in the Top Five, is also gobbling or trying to gobble up smaller publishers who, as a matter of practice, are more open to publishing non-best-selling writers and giving new writers a chance. The Big Five publishers are global and we need not think of them as vulnerable little Davids facing the Amazon Goliath. The truth is, at least for the moment, Amazon provides affordable services for authors and small publishers who seek entry into the marketplace. These aren’t saints and sinners we’re talking about but market forces waging battle. Both sides are causing collateral damage.

The other song being sung to shame Amazon is that the master on-line retailer considers books to be “products.”   I deeply empathize.  Books are special in my eyes. They are not widgets. However different folks look at what we do in different ways.  Not only do we create “products,” we create “content” in some minds, however abhorrent those words are to us.

Do the publishers hold the book to be as sacred as writers do?  Do they hold it in higher regard than Amazon?  I remember reading that publishers like Random House and Scribners used to keep money aside for talented writers to keep them afloat when the writer’s books didn’t sell. The company took a loss for the sake of art and because they considered books more than widgets.  I was lucky enough to visit the great Scribner & Sons Book Store on Fifth Avenue in New York before its various metamorphoses. These were hallowed grounds, books as a religion. There was no doubt the publisher held books in high regard. So when I hear authors use the product argument, but only against Amazon, I’m more than wary especially in the age of author James Patterson’s factory-produced novels and Stephen King, who has a new book out every five minutes. Bless him. He is tremendously successful because he is tremendously talented; but his one-sided criticism of Amazon, if not self-serving, rings false to me.
Indianapolis Central Library, A Place Where Books Are Not Products (Tierney)

And independent booksellers: No doubt Amazon is making life difficult, but have you forgotten how the big publishers treated you when the big box bookstores roamed the earth?

I’m not about to suggest the Vatican start the saint-making process for Amazon CEO Jeff Bezos. If nothing else, he’s been called on to address a few unpleasant workplace issues.  I am saying that we are seeing the dirty business of big business messing around in the book business.  With only five publishers dominating the world market, should we be surprised?  Seems to me the only entity holding a genuine reverence for books are public libraries, which have been singled out for severe budget cuts all across the country.


Wednesday, June 4, 2014

Commentary — The Book Business Shakeout Is Far From Over


The New York Times reminded us a little while ago of the ongoing turmoil in the world of books. In recent developments, it appears that Amazon has been using its considerable power as a seller to gain a negotiating advantage with some of its suppliers, most recently the major publishing house, Hachette, by slowing down orders of Hachette-published books.  The Times, and others, including the highly respected Author’s Guild (of which I am a satisfied member) are concerned and look unfavorably at Amazon’s actions.

What Amazon is doing, from a corporate competitive point of view is similar to a major grocery chain putting, say, Nabisco Saltines on a lower shelf unless Nabisco cuts its price to the grocer. It’s the way big business operates. While I have no problem villainizing most mega-corporations, we might have a little trouble here determining who is David and who is Goliath. It’s true; Amazon has been merciless. One could say it has defeated Borders and Barnes & Noble and is rendering independent bookstores a curiosity.  On the other hand, Hachette, formerly owned by Time Warner, is now a subsidiary of Lagardère, the second largest publisher of trade books in the world.  Hachette, itself, owns Grand Central Publishing, and Little, Brown & Company, which, in turn, owns Hyperion.  There’s a whole series of big, predatory fish preying on little fish these days. I would question Time’s sense of objectivity here as well as Forbes, the increasingly hysterical (not in the funny sense) Huffington Post, and the Washington Post who continue to portray Amazon as this this corporate giant bullying a poor little publishing company. Certainly the articles are unbalanced.  The Author’s Guild was most likely defending authors who really are caught in the crossfire. Good for the guild. It’s what they do. But, let’s remember, both sides are shooting.

For most of us, this is more information than we want or need, but keeping up with the global reconfiguration of the book business is important to those of us whose business it is. For me to survive, I engage in it in in multiple ways.  I am a writer.  I have contracts with major publishers and smaller ones. (Major publishers probably sympathize with Hachette, smaller ones with Amazon because smaller publishers are squeezed off the shelves by the larger ones.) I am also engaged in self-publishing by re-releasing of my out-of-print early novels as trade paperbacks and e-books as well as producing a quirky novella through my own publishing company, Life Death and Fog Books.

Thank goodness for Amazon. Even though I don’t have the resources of a major publisher Amazon made it possible for me to publish my short work on my own. All I needed was a good proofreader and the help of a talented graphic designer. The book has done surprisingly well.  Do I still want to work with traditional publishers?  Absolutely. (Call me) They have distribution channels I don’t have. They do at least some marketing.  They have legitimacy with top reviewers.  To make the squeak-by living I do, I need the flexibility to do business at all levels. However, making Amazon the villain is loosing sight of what access and diversity they bring to contemporary publishing.

On the other hand, all parties need to recognize the publishing evolution is not over.  Here is an interview with an acquisitions editor of a traditional publisher that sheds additional light on the subject.  Here is another article by a writer whose work was successfully self-published through Amazon.  And, finally, here are comments from a small, independent publisher.

Update: Reportedly, the two mega corporations are in secret negotiations. Some believe that Amazon has softened it so-called harsh treatment of Hachette. Most of the “insider” articles, quoting Hachette authors, including mega best seller Malcolm Gladwell and mega-mega best seller James Patterson complain about Amazon’s tactics, but there are some who believe that Amazon’s end goal is to reduce cost to customers, especially on e-books, and increase the royalties going to writers for e-books.  After all, the cost of e-book production is comparatively minimal (no shipping costs, no returns, no paper and printing costs) yet authors get only 25 percent of the selling price on e-book sales.