Wednesday, October 15, 2008

Is It Cold Outside In The World of Publishing?

STATUS: I’m finishing up for the day and blogging fairly early.

What’s playing on the iPod right now? IN THE MOOD by Glen Miller

Maybe it’s me but I read this article in the New York Observer today and I pretty much wondered why the points raised in the article were considered news. Dire predictions might be interesting to include in an article as a side note relating to a publishing news story but seemed a little lacking in substance to be the focus of this entire news bit. Maybe this is an Op Ed piece? I’m not a regular NYO reader but it didn’t look to be presented so on the website.

With quotes such as “the ecosystem to which our book makers are accustomed is about to be unmistakably disrupted” and “Soon, though, people [editors] may find themselves compelled to be more wary,” I was really expecting some cold, hard facts to back up the pronouncement that books are going to become significantly harder to sell in the next year.

Yes, I certainly can agree that the economy is in the tank and a lot of industries, including publishing, will be tightening their belts. Even with this I’m not sure I’m worried that I won’t be able to sell a new author in the next coming months. I’ve had an enormous success with a lot of debut writers.

I quirked an eyebrow at this quote: “Only the most established agents will be able to convince publishers to take a chance on an unknown novelist or a historian whose chosen topic does not have the backing of a news peg.”

Perhaps they are not referring to genre fiction? There did seem to be a bit more focus on literary fiction and I certainly have to agree that literary tends to be a much harder sell--with or without a bad economy.

Well, since I don’t include myself in the realm of “only the most established agents,” I guess I’m duly put on notice. What do you blog readers think?

As for debut sales getting harder, I’ll let you guys know as the year unfolds. Meanwhile, let me get back to my auction…