Ebook first publishing might work

UPDATE: The Huffington Post carried an article by John Oakes (co-founder OR Books) last week which I missed.

I’m quite surprised there isn’t more news about this deal. Publishers Lunch* (apologies for the enormous robbery of content) reported on the sale of paperback rights for Going Rouge by OR Books:

Among other start-up muckrakers, John Oakes and Colin Robinson’s OR Books has sold paperback rights to their first title, GOING ROUGE, to Michele Matrisciani at HCI Books–which is reissuing the book today. Under OR Books direct-sale model, the book had not been available in traditional stores or online vendors, limiting sales despite the wave of Palin-related publicity. HCI president Peter Vegso says in their announcement “this title, although outside our usual publishing perimeters, presented an exciting and interesting challenge.”

Next up for OR Books is Norman Finkelstein’s book on “Israel’s Growing Isolation After the Gaza Invasion,” set for January, in which he “looks at how the reckless and disproportionate military action against the Palestinians in Gaza a year ago has led some of Israel’s closest allies to question their support for the country,” while “offering the possibility of something hopeful emerging from the tragedy of what occurred in Gaza.”

Oakes says eliciting a paperback partner will “certainly be a goal for each published work of ours.”

This is the almost perfect example of how one might expect a pure ebook play to develop over time, publishing ebooks to a time sensitive market while selling the rights to someone else for a paperback edition, enabling them to keep stock costs lows and cash flow high and letting someone else worry about the odd economics of the traditional model!

Mike Shatzkin has written quite a bit on these topics so it’d be worth reading one or two or even three of his posts.

We live in the most interesting of times!
Eoin

*A service of Publishers Marketplace a site that anyone interested in publisher should pay for.

Amazon Encore: Again, Again, Again

You have to wonder just how many books Amazon Encore has to publish before we consider it a fully fledged book publisher? I wrote a long post about the implications of Amazon Encore here some time ago. In it I said:

Sure this can be extended and it is clearly being set up to do so. Amazon is in a great place to carry out their program to almost any conceivable scale. That in itself should indicate that they intend to extend. If you don’t believe it look at what Barnes & Noble have done in Classics and Rediscovered titles and you will get the idea.

But add to it the previously mentioned POD set up, they wouldn’t even need to expend extra capital on print runs, they’d be able to deliver books on demand so even if a huge proportion of the titles failed, their costs would be lower than the major publishers and the bookstore publishers too. That competitive advantage would be added to the fact that they wouldn’t have to pay a retailers discount unless they were selling to the retailers themselves. In effect, aside from what the author and their agents can grab from the chain, Amazon with Encore has successfully placed itself in control of the entire value chain of which I wrote some more about last week but didn’t quite count this in.

And now, quelle surprise, Amazon has expanded the encore program by 300%! I’ll admit from 1 to 3 is not a huge leap, but if every season (twice a year say) they leap 300% by the end of 2012 they would be publishing over 2000 titles. Of course that is an exaggeration I doubt that Amazon will expand the division at that speed but even at a lesser pace they could easily be publishing 100, 200, 300 titles a season.

Are we ready for that? I don’t think we are.
Eoin

Links of Interest (At Least to Me) 15/09/2009

Just under a month to TOC Frankfurt & the Frankfurt Book Fair. If you twitter, search using the following hash tag and youy’ll see lots of people are talking about it #fbf09. There’ll be a TweetUp (Which I’ll miss, but there you go) at the fair this year and I’d nearly put money on a European publisher acquiring something Twitter related for their list, though I’ll wait and see!

There have been a few interesting stories bouncing around the web the last few days on writing and publishing and where we are at with them. The Bookseller has a feature on how the downturn is affecting Author Pay, David & Charles have made a radical decision to realign themselves along a vertical basis, the result is layoffs in the short term but something else in the medium to longer term. In the same week I stumbled across this fine article about GeoCities and online communities in the American Prospect, lessons we should note and think about as we embrace the idea of verticals. Speaking of Verticals, Filedby.com was chosen by CUP to expand an author promotion platform in which they use some of Filedby’s premium features to help authors develop an online presence.

Digital publishers (and aspirants) everywhere were saddened by the news that Quartet Press has been disbanded after running into a string of problems too insurmountable to continue. The site carries the message, but Mike Shatzkin and Kassia Krozser (in two [1,2] excellent articles) carried on some detailed discussion and analysis. I’m not happy about this outcome for the founders, but I’m sure we will see more from them soon.

And then there was Dan Brown and his latest book the Lost Symbol which is variously being hailed as the ruin of us all (DJ Taylor in the Independent) or something of a saviour (Jeffery A. Trachtenberg in the the Wall Street Journal). Amazon and Waterstones have been selling it at half price for about three months, and don’t they look like genuis’ now that The Book Depository and the Multiples have launched a massive price offensive?

And in sad news, it’s bottoms up to Keith Floyd who died today, the video above shows him at his somewhat slowed down more mellow best. For a decent interview of recent origin, try this Daily Mail article!
Eoin

Tor.com is a publishing.com

Tor.com gets even smarter
Thanks to Digital Book World (haven’t had time to read my RSS fees today) I learned this by twitter:

The Tor.com Tweet

The Tor.com Tweet

Tor.com are launching Year’s Best Fantasy 9, POD only through Tor.com rather than Tor! The long and the short of it is this:

Tor.com is proud to announce the immediate availability of David G. Hartwell and Kathryn Cramer’s definitive anthology, Year’s Best Fantasy 9.
This highly anticipated release also marks something we’re particularly proud of: Tor.com’s debut as a publishing entity, distinct from Tor Books and as a separate imprint under our shared corporate overlords at Macmillan.
YBF 9 is available only as a print-on-demand book, in keeping with our mission of always exploring alternative forms of publishing. Similar to the launch of the Tor.com Store, this title is one of our various publishing projects that seek to experiment with the available alternatives to publishing’s traditional sales, distribution, and delivery mechanisms.

You can buy the book in their online story here.

How smart are they?
Very. This builds on their nicely and still quietly and matter-of-factly launched Publisher Agnostic Store (links goes to my article on that development).

This also reinforces the concept of the Digital Vertical Niche that Mike Shatzkin likes to speak of and which I am also a fan. I’m intrigued and I really hope this works becuase in terms of new business models, this move is pretty much at the forefront.

Looking forward to good results, saddened by other news though!
Eoin

Self-publishing Attracts Star Authors Too

Eoin Purcell

UPDATE: Covey has signed a deal with Rosetta & Amazon making Amazon the exclusive distributor of Covey’s ebooks backlist! Pretty big news: Here’s more in the New York Times:

Amazon, maker of the popular Kindle e-reader and one of the biggest book retailers in the country, will have the exclusive rights to sell electronic editions of “The 7 Habits of Highly Effective People,” and a later work, “Principle-Centered Leadership.” Mr. Covey also plans to gradually make other e-books available exclusively to Amazon, which will promote them on its Web site.

The move promises to raise the already high anxiety level among publishers about the economics of digital publishing and could offer authors a way to earn more profits from their works than they do under the traditional system.

Mike Cane has a post on it too

Self-Publishing Talk
This morning I had a very engaging chat with a student writing a thesis on self-publishing in Ireland and comparing it to self-publishing internationally. The discussion was wide ranging (though perhaps a bit too much of me). At one point I mentioned thatin some ways traditional publishing was getting caught in the middle with the lower tiers of publishing falling into Print on Demand and self-publishing territory (as I discuss here) and the upper tiers ripe for big stars to defect to self-publishing options. I couldn’t think off hand of an example (except for an author I worked with recently who only recently revealed a plan to self publish whose name I couldn’t reveal).

Then I came home and logged into twtetr and read this twitter comment (yes I use it compulsively: www.twitter.com/eoinpurcell) pushed me to this Wall Street Journal article about the plans of Stephen Covey:

Stephen R. Covey, author of “The 7 Habits of Highly Effective People,” will launch a new self-published line of short books tomorrow called the Insight Series.

You don’t get much bigger than Stephen Covey, frankly he is massive.

Authors are brands
Really they may well be the only brands publishers have unless they manage to create a sensible strategy around their own names like Tor.com, Mills & Boon and Osprey have. If they don’t act to create better partnerships with these top level authors, I believe they will loose a lot of them to self-publishing enterprises like Stephen’s effort. It is simply too lucrative a proposition for many of them.

If you ask me (and you haven’t) game is heating up. It is becoming clearer by the day that the existing models of publishing are unsustainable. Change is unavoidable. I wonder will we, as an industry, respond?
Eoin

PS: If you’d like to think some more about that Author as Brand concept, here is a nice audio piece from New Hamphsire public radio featuring Sarah Weinman on the topic. It is well worth listening to.