Simon & Schuster Inc. is getting on the self-publishing bandwagon. The book publishing division of CBS Corp. announced Tuesday that it has joined with veteran self-publishing firm Author Solutions, Inc., to form Archway Publishing, a service that will focus on writers who want to publish fiction, non-fiction, children's and business titles. The venture unites Simon & Schuster with a rival: Indianapolis-based Author Solutions was acquired by Penguin Group in July for $116 million. Publishers are under pressure to find new revenue streams. Digital sales are growing but do not make up for the declining print revenue and the high cost of maintaining publishing's brick-and-mortar infrastructure. Self-published books have the advantage of making money no matter how few copies are sold because authors pay for the privilege of print and digital publication. Though the new vanity publisher will be run by Author Solutions, Simon & Schuster will add plenty of bells and whistles to make Archway stand out in a crowded field that has long been dominated by Amazon. Along with providing guidance on book design and access to its marketing capabilities, the New York literary house will be keeping an eye on the titles to see if any might be suitable for its own list. That makes Archway attractive to potential authors, and could provide Simon & Schuster with a farm team. "[Simon & Schuster is] obviously following Penguin and Amazon's lead and trying to make successful... Continue reading at 'Crains New York'
[ Crains New York | 2012-11-28 00:00:00 UTC ]
Year-to-date, the Association of American Publishers' StatShot report for September shows the United States' book industry up 7 percent. The post AAP September StatShot: US Book Market Overall Up 2.4 Percent appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-11-26 16:15:42 UTC ]
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Longtime consultant, book-business analyst, and conference producer Mike Shatzkin has died in New York City at age 77. The post Remembering Mike Shatzkin: Book Industry Commentator appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-11-07 19:14:00 UTC ]
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The ‘story’ being told by FEP book industry data, says Enrico Turrin, shows a stable, post-pandemic book market across Europe. By Brianna Robles | @breesharraine uring the opening day (October 16) of the Frankfurt Book Fair, the Federation of European Publishers (FEP) presented key data about... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-17 07:37:57 UTC ]
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Publishing Perspectives’ 2024 Frankfurt Book Fair magazine is a showcase of global publishing, book market trends, and people to know. By Hannah Johnson s thousands of publishers, agents, authors, and book industry professionals gather together in Frankfurt this week, Publishing Perspectives is... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-16 14:26:43 UTC ]
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'One of Asia’s best performing major emerging economies,' the Philippines is also home to a growing book industry that nourishes Filipino authors and sustains local publishers. The post Frankfurt’s 2025 Guest of Honor: The Landscape of the Philippines’ Literature appeared first on Publishing... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-16 05:00:08 UTC ]
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Days before opening its guest of honor week at Frankfurt, Italy's publishers' point to a €100 million loss in public funds under the Meloni government. The post Frankfurt: Guest of Honor Italy Reports Book Industry Slowdown appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-10-10 02:46:20 UTC ]
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While the Book Industry Charitable Foundation continues to raise funding to help Southeastern booksellers at need, the Southern Indie Booksellers Alliance and booksellers across the South are rallying to assist. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-10-04 04:00:00 UTC ]
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Government data indicates that, in 1997, there were 91,100 traditional publishing jobs in the United States. As of last year, there were 54,822. Have those jobs moved to new parts of the industry—or vanished altogether? Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-09-20 04:00:00 UTC ]
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A 26.8-percent decrease in returns was a factor in the US market's trade net sales in June, according to the AAP's new StatShot report. The post AAP StatShot: US Book Industry Was Up 6.2 Percent in June appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-09-19 21:48:55 UTC ]
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The former NFL quarterback turned civil rights activist, who founded his own publishing company in 2020, has launched Lumi, an AI-based platform providing authors and other creatives with another alternative to traditional publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-07-25 04:00:00 UTC ]
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Over 500 industry professionals sign open letter to bookseller after employee’s post about ‘tearing up books’ by Christina DalcherMore than 500 authors and book industry professionals have signed an open letter calling on Waterstones to reverse a decision to dismiss an employee who said she... Continue reading at The Guardian
[ The Guardian | 2024-07-11 10:31:48 UTC ]
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In its look at Q1 2024, the American publishers' StatShot tracking analysis sees children's and YA books under pressure in March. The post AAP StatShot: US Book Industry Flat in First Quarter appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-05-16 18:51:38 UTC ]
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Publishers and booksellers worked together to secure an exemption from the EU's late payment legislation, a decision that protects the publishing's unique business model. The post World Book Day: EU to Exclude Book Industry from Late Payment Regulations appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-04-23 23:25:00 UTC ]
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A return to doing industry research and broadening the organization's ties to such industry key players as literary agents and authors are part of the Book Industry Study Group's new three-year initiative. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-04-16 04:00:00 UTC ]
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The Chinese book market in 2023 went from negative to positive in its growth metrics, thanks in part to a fast rise in short-video book promotion. The post China’s Book Industry in 2023: Back in the Black appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-28 19:35:32 UTC ]
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Book piracy is costing the Italian book market more than a quarter of its overall value, according to a study commissioned by the AIE. The post Piracy in Italy: Study Shows Book Industry Losing €705 Million Annually appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-03-08 22:07:51 UTC ]
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Madeline McIntosh, Nina von Moltke, and Don Weisberg—most recently at Penguin Random House US and Macmillan, respectively—have joined forces to form a new publishing company. As its name implies, the publisher will operate outside of traditional publishing business models. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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The Book Industry Charitable Foundation's is bringing a dozen diverse participants into its pilot program for business incubation. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-03-05 05:00:00 UTC ]
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A new report from Italy shows the value of its consumer book industry rose in 2023, despite a slight drop in overall unit sales. The post Frankfurt Guest of Honor Italy: Trade Book Sales Up in 2023 appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2024-01-26 19:48:56 UTC ]
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In addition to announcing changes to its executive committee, the Book Industry Charitable Foundation this week named three new board members: Christian publisher Chriscynethia Floyd, former Abrams CEO Michael Jacobs, and Vermont bookseller Emma Kaas. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-01-10 05:00:00 UTC ]
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