THis wEek in PUBlIShINng
The shrinkage of the publishing industry seems to be continuing this week as Thomas Nelson laid off a little less than 10% of their workforce. CEO/blogger Michael Hyatt explained in a blog post that the change is not do to financial considerations, but rather is consistent with a readjustment of their business model toward publishing fewer titles that generate more sales. Condolences go out to the employees let go. From a broader perspective, this really seems to be the direction the industry is moving at the moment — fewer, bigger books.
Evil Editor’s prodigiously faithful minions threw him an online 2nd Anniversary party, complete with tributes, games and surprises. Happy Anniversary, EE!
On Monday you saw how one author made it to publication, Janet Reid linked to a Shelf Awareness story on another happily-ever-after story about Garth Stein and THE ART OF RACING IN THE RAIN, which is poised for some big ole bestsellerdom.
Janet has also started up a new query critique blog called Query Shark, which you should definitely check out. Cue the Jaws soundtrack!!
Remember that Borders contest started way back when for its employees where they would publish one of their books and give it marketing and stuff? Well, we have a winner! Congrats to lucky and talented Borders employee Ralph Ashworth, who has worked for Borders since 1994, and whose novel THE KILLER OF ORCHIDS was chosen from among 200 employee submissions. 200! I thought there would at least be 7,000.
And finally, the always-entertaining Michael Cader had a riposte this morning to publishers in the US and the UK squabbling over e-book territories. Let’s listen in, shall we? “Speaking of UK tizzies, otherwise sensible executives continue to find new ways to go to war over miniscule and/or non-existent revenue streams. The latest thread is on territoriality for ebooks: Harper and Simon & Schuster in the US are said to be insistent on retaining global erights for books even when selling print rights to a UK publisher.”
Have a good weekend!