FastPencil Marketplace

The FastPencil Marketplace brings authors, editors, illustrators, marketing professionals, and other experts together as part of a new approach to writing, publishing, and distributing books and eBooks.

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Authors Feeling the Pinch

Authors are between a rock and a hard place, as today’s TechCrunch piece by Paul Carr illustrates. He describes how Amazon customers expressed their displeasure at the lack of a Kindle version of Michael Lewis bestseller The Big Short: Inside the Doomsday Machine, by giving 1-star reviews of the book, even though they hadn’t read it. They were so upset that W.W. Norton, the publisher, had elected to “embargo” the Kindle version, milking sales of the hardcover version as long as possible.

For Carr, this sort of customer activism is problematic. He understands customer annoyance at W.W. Norton’s antiquated belief that denying customers what they want is actually good business strategy. But as a published author, he feels for authors whose books are impugned because of these business decisions:

I speak from pained experience as an author when I say that we have absolutely no say on when our books are released, in what format and at what price.

As an author you are beholden to a big publisher like W.W. Norton. You place your hard work in their care and hope that they’ll understand your audience. You hope that they will stop thinking of themselves as publishers of printed books, and start thinking of themselves as purveyors of your work, in whatever printed or digital form it might appear.

You’re also beholden to Amazon. You’re almost asking to get stepped on as the online goliath battles the titans of old world publishing. You are in the middle. They fight over pricing and distribution, while you hope that somehow, miraculously you will emerge from their duel unscathed.

If you’re an author, published or not, it’s time to realize that business as usual doesn’t favor you. It’s not about you. It’s about big publishers trying to stave off the future, and Amazon trying to control it. Meanwhile, they’re both pissing off your customers.

So try something different.

Would You Pay $6 for An Interactive Magazine?

Expectations in the publishing industry for an iPod-powered resurgence have given rise to all kinds of demos. The latest, from VIVmag, shows a melding of newspaper and cinematic form

Do all of these demos mean the end of good old-fashioned paper magazines? Or is a lot of money being thrown down a hole? Would you pay $6 for an interactive magazine you could access from an iPad or other tablet device?

carpentier:

Read an interesting piece in the Guardian about the role of technology in publishing. It also includes this video of the R&D lab of the NYT which I think is a great example of how to deal with increasing (technological) complexity. Just go out there and see how all these devices affect storytelling.

Amazon, Apple, and Big Publishers Still Duking It Out

As this NY Times article illustrates, there’s a war on. It’s a war for the future of eBooks. The combatants are fighting over who controls pricing. Will the “agency model” used by Apple (publisher sets price and Apple receives a 30% commission) prevail, or will Amazon’s approach ($9.99 standard eBook price) win? 

And while the big guys slug it out, where are authors? Who is watching out for their interests?

What about a model in which the author sets the price for eBooks? In fact, why not let the author set the price for any book they publish, regardless of format?

Jennifer Smart Interviews Dave Claytor

During CES back in January, a hard-charging young reporter named Jennifer Smart hit FastPencil’s Dave Claytor with some questions about our service. Check out the interview: