HarperCollins’s profits fall due to supply chain problems
Higher manufacturing and freight costs are blame for reduced profits; lower sales of ebooks, which have higher profit margins, also contributed.
Simon & Schuster outperforms the industry. Will it reinvest profits in staff?
During the first quarter of the year, Simon & Schuster saw earnings nearly double due to strong backlist sales, BookTok, and low returns.
AALA revises Canon of Ethics to allow for paid editorial services
Under the new standards, agents may now provide editorial services for a fee to writers as long as those writers are not clients.
IMHO: A Nuanced Look at Hybrid Publishers
A new report on paid-for publishing services, including hybrid publishers, highlights widespread predatory practices.
She Writes Press: Two Author Case Studies
Two authors who paid for a hybrid publishing deal reveal what they paid and what they sold.
To Nail Your Memoir’s Beginning, Stop Looking in the Wrong Direction
Your book’s ending must reveal the story’s resolution. Once you know what you’re resolving, you can establish a clear path for getting there.
The Vital Difference Between Plot and Story—and Why You Need Both
By spending as much (or more) time weaving a dynamic Story as you do creating a flashy Plot, readers will walk away feeling satisfied.
Not a Journal Person? Post-Pandemic Might Be the Perfect Time to Start
Here are some of the many ways that a journaling practice can serve as a laboratory for your writing, and your life.
The Benefits of MFA Programs: Q&A with Alan Davis
One professor addresses common questions and criticisms about MFA programs.
We All Need to Be Defended Against Predatory Publishing Practices
Brooke Warner, founder of She Writes Press, responds to a recent UK report about unethical practices in the hybrid publishing realm.
Is Journaling a Waste of Writing Time?
Not only can a journaling practice sustain and inspire your writing projects—a commitment to it can inform and improve your entire life.
Closing image: April 27, 2022
NPD Books analyst Kristen McLean recently reflected on the past 18 years of book sales.
Links of Interest: April 27, 2022
Research A new study on distribution practices in book publishing and related challenges: Students at Portland State University led research
New Christian publishing imprint
Esther Press is a new imprint under David C Cook that will focus on Bible studies, women’s stories, leadership books, devotionals, and video teachings.
Authors Guild launches book club with Fable
In response to book-banning efforts around the country, The Authors Guild is now offering a Banned Book Club with monthly picks.
Amazon launches Shopify competitor
Through Buy with Prime, Amazon will allow merchants to sell from their own website while taking advantage of Amazon Prime delivery.
Trendspotting: Email Newsletter Advertising and Sponsorships
A primer on selling advertising in your email newsletter.
IMHO: Your Readers Don’t Yet Care about NFTs
Barriers to widespread adoption of NFTs include cryptocurrency, environmental concerns, transaction fees, and poorly defined value to the reader.
Publishing Innovators Emphasize NFTs Are about Community
The book industry discusses how to imbue NFTs with value and meaning for readers.
Book sales update: April 27, 2022
According to NPD Books, print book sales are performing better than in 2019 but not as well as in 2021.
Barnes & Noble: it’s doing well, but …
A recent New York Times article was taken to task for being overly celebratory of the chain’s performance and position in the market.
Hachette CEO wonders what authors might want from publishers
Michael Pietsch, the CEO of Hachette, delivered the keynote talk at the recent Book Industry Study Group conference.
Writers, Stop Using Social Media (Like That)
A social media following doesn’t guarantee sales. Building an audience that’s engaged with your work—your mission—requires more varied tools.
How the Literary Journal Landscape Is and Isn’t Changing
The publisher of the Lit Mag News Roundup discusses current trends, editor pet peeves, diversity, how to handle rejection, and more.
Why Frankenstein Still Sells 40,000 Copies a Year
The more important and perennial a problem that a book addresses, the better the chances it will survive the test of time.