2014-0724- Business Adventure

A Summer Bestseller Thanks to a High-Level Recommendation

The other day I posted that Bill Gates recommended several books for summer reading and suggested that you do the same, as an entrepreneur and budding thought leader.
Well, one of the books that Gates urged on readers has become a surprise bestseller.  ”Business Adventures,” by John Brooks, who was a staff writer at The New…

2014-0623-141269732

Publisher and Retailer Tug-of-War

The ongoing dispute between Amazon and Hachette – the big publisher – hasn’t yet been resolved. It seems that, in addition to its being about the price of e-books (always too high), it centers on what Amazon is demanding of publishers, according to a publishing-industry friend.
What Amazon is requesting is the online equivalent of co-op…

Giving and Taking: Fear of the Self-Published Author

The bestselling author of legal thrillers, Scott Turow, who is also president of the Author’s Guild, wrote an op-ed piece in the New York times, “The Slow Death of the American Author,” that seems to imply that e-books and digital rights issues are the cause of all the publishing industry’s problems. Well, they are. But…

Ascending the Amazon Bestseller List

The magic number seems to be 300.
That’s what it takes to be a bestseller on Amazon.
At least according to a study done by Publishers Weekly, the trade magazine, to determine how many copies of a book an author has to sell each day in order to hit that Amazon bestseller list.
Admit it, you pay attention…

The Information Age and Its Victims

The death by suicide of the brilliant Internet innovator Aaron Swartz is a tragedy for him, his family and for the world of information technology.
In his short life – Swartz was only 26 when he killed himself – he’d already done more than most people will ever do over the course of many decades. And…

Nothing Is Forever in Publishing

Everything changes, even the unchanging sky (you just have to wait many years for astronomical events to occur).
But in retailing, in publishing, already in the midst of an upheaval brought about by new technologies, that great disrupter Amazon might also be disrupted at some point.
That’s the thinking of Suw Charman-Anderson, who observed in an article…

When Critics Notice Self-Published Authors, the Revolution Has Been Won

A major book event occurred in today’s New York Times, when that paper’s leading book critic, Michiko Kakutani, reviewed a self-published book.
She praised the book, The Revolution Was Televised by Alan Sepinwall, and called attention to its being self-published. This might not open the floodgates to reviewers (what’s left of them) to consider other self-published…

When Doing It Yourself Is Better than Letting a Publisher Do It For You

A traditional publisher has seen the rise of self-publishing (or the threat of it) and decided to jump in, sort of. Simon & Schuster has begun a self-publishing arm called Archway Publishing.
The difference is that it’s asking a lot of money of potential authors to “self-publish” their books, with the typical traditional-publishing reasoning that by…

Striking Back at Amazon – Good or Bad?

Bookstores are striking back against Amazon’s publishing inroads. For example, many won’t be carrying The 4-Hour Chef, the new book by bestselling author Timothy Ferriss, since it’s being published by Amazon.
This is to be expected – Amazon is the enemy for bookstores, since it is so powerful, able to undercut the price that bookstores charge,…

Authors Innovate, Publishers Lumber Along

Barnes & Noble is trying to make inroads in the British market with its Nook e-reader. Although the chain doesn’t have a significant brick-and-mortar presence there, it sees the future of book-buying and that involves e-books. That’s a good thing.
I’m still surprised that it’s taken so long for traditional publishers to embrace e-books in all…