books with Athena

books with Athena

Sunday, August 8, 2010

THE DORCHESTER BOMBSHELL—How Does it Affect You?

Las Friday, Dorchester Publishing announced it is ceasing publication of paper books and going to e-publishing only. This means that as of Monday morning, their authors will be out of print—but still under contract. Their work will be primarily sold as e-books, but they’ll only get the tiny royalty rate contracted for paperbacks.

In other words, these writers will be paid an 8%-10% royalty on books they could have put on Amazon themselves for a 70% royalty.

Perhaps a moment of silence is in order for our colleagues at Dorchester, which has been publishing mass market paperbacks for nearly forty years. Much of their sales staff have been let go, too.

This is yet another in a series of aftershocks from the Kindle/e-reader quake that’s been rocking the publishing business for the last year.

The reason Dorchester has made this move is simple: e-books are selling and paperbacks aren’t. Publisher’s Weekly says shelf space for mass market paperbacks in supermarkets and other non-bookstore outlets is constantly shrinking, and J.A. Konrath reports only about 20% of the paperbacks printed are actually selling.

The Recession had already put Dorchester on shaky ground, according to agent Kristin Nelson, who says she’s been moving her Dorchester authors to more stable companies over the past few months. But the boom in e-book sales seems to have made their decision for them. Dorchester will still produce some paper books for their own book club and plans to offer print copies of a few of their highest selling titles, but that won’t help most of their writers.

So what does this mean to the aspiring author—other than you should be really happy you’re unpublished and don’t have a contract with Dorchester? Should you give up your quest for the agent/traditional publishing contract and self-publish electronically to avoid all this heartbreak?

My gut feeling is—no. It seems to me this is a time when you need an agent more than ever. The more upheaval there is in the business, the more you’ll want the help of somebody who knows the ropes. The anybody-can-do-it e-book world will be even more competitive than the paper book world and—at least for now—traditional publishers still provide the best promotion and distribution.

Plus, I think once the novelty of the Kindle/iPad revolution wears off, paper books will still represent a big part of the market. Not everybody is jumping into Kindle-land.

And hey--we’ll all need something to read when the e-reader is on the fritz. A whole lot of things can go wrong with gadgets. This week’s New Yorker shows a sunbathing woman who has just dropped her Kindle in the swimming pool. Ouch. Plus there will be glitches and viruses and those long hours on hold when you’re trying to get through to the incomprehensible tech guy in India. Also, recessions don’t last forever. The market for books should pick up again like everything else.

But there’s no getting around the fact the publishing world is in crisis and fewer writers are making a living at it.

That doesn’t mean you have to give up the dream. But we’ll all have to work harder to make our work stand out—and present ourselves in the most professional way possible.

It helps to remember two things:

  1. Publishing is a business. Editors aren’t high school English teachers judging manuscripts on literary merit. They’re looking for business investments. All publishers care about is acquiring books that will sell as many copies as possible. According to how-to-get-published guru Nicola Martin, they call selling books “shifting units” (how’s that for a buzz-kill term?) They won’t invest in your “unit” if you don’t come across as a skilled, reliable source of many units to come. 
  1. Amateurs need not apply. There might have been a time when you could dash off a manuscript as a lark and sell it, even though you didn’t intend to write as a career. But these days, publishers don’t want to pay for the work of an amateur writer any more than you want to pay for the work of an amateur mechanic, plumber or hairdresser.
 That means it’s now equally as important to learn the rules of the publishing business as it is to learn to write a great sentence. An aspiring author needs to come across as a savvy professional—even though the bulk of your pay may come from just the one sentence: “You want fries with that?”

The Dorchester authors don’t deserve what’s happening to them, and we can only hope they’ll be able to negotiate better royalty rates or be allowed out of their contracts. And in that, the ones with agents will be way better off. So I’d say don’t self-Kindle your unrepresented work yet.

But talk to me after a few more bombshells and aftershocks, and I may have a different opinion.

10 comments:

graywave said...

Anne, Dorchester authors must be feeling quite unhappy at the moment but, in a sense, they are no worse off and, perhaps some will be better off. Yes, their royalty deal sucks, but at least they are now in a market that is growing exponentially rather than one that is shrinking. In a few years they may be very glad of this.

Your conclusions about not self-publishing and finding an agent seem sound - exactly the choices I have made myself for my career - but if you think that ebooks and ebook readers are a fad, I think you are very much mistaken. There are two main reasons I believe ebook sales will grow to completely overwhelm print sales.

One is the economics of production and sales. I just released my debut novel, in ebook format only (there is no print edition). It was commercially published by a NY small press, with all the costs that usually entails (editing, artwork, production, promotion, distribution, and so on.) Yet my book is selling at about $5, not $15 or more - and I'm pretty sure the publisher could (and should) sell it for much less. Since I got my Kindle, I have not bought a single paper book and why should I when the books I want cost a third or less as ebooks?

The other reason is the experience. Dedicated ebook readers like the Kindle or Nook (unlike the iPad, iPhone, or whatever) offer a reading experience that is simply more enjoyable than that provided by a paper book. They are light, easy to operate, as readable as paper, and convenient. I can no longer bear the struggle to keep a large, heavy paperback open and supported. It actually bugs me that turning a paper page is a two-handed job! My wife, who has some arthritis in her fingers, and a friend who has ALS, are absolutely committed to their Kindles for the simple fact that they make reading a book comfortable and easy, where it used to be a painful near-impossibility before.

Alice said...

Perhaps one of those e-readers are more convenient than a traditional book. But there is no way I would even consider buying an e-reader till their price comes down under $50. I have not even looked at one in person.

I'm afraid I am of the old school still. I love holding a book, turning its pages.

As far as dropping an e-reader in the pool you could drop a book in there too. Perhaps not as expensive of a replacement though.

I think there are still some of us that like to kill trees.

Alice said...

I have another question...
How much does an e-reader hold? Will I have to delete a book to add another? what if I want to read the same book a couple years later? when the e-reader is full, do I need to buy another?
Okay more than one, but I was wondering.

Jan Markley said...

It's funny because the first question people ask me is which book stores have your book. People still want to buy books and I don't know anyone in my circle of friends and family who have an e-reader yet.

I agree with you that writers need to understand the publishing industry.

Amy said...

Hmmm...most authors dream of someday seeing their books on book stores shelves and now with the changes happening that dream is becoming much less likely to reach fruition... :(

Anne R. Allen said...

Graywave, thanks much for the long, thoughtful comment. And congrats on getting a publisher! I know a lot of Kindle readers are as passionate as you are, but I've heard others who find them cumbersome and annoying. I think we may go into a period of co-existence like the music industry's iPod/CDs. I can't imagine ever wanting to take the time to load up an iPod, but other people think it's stupid to pay money for CDs.

There's more info on Dorchester in today's Publisher's Lunch and it seems it isn't so much a forward-looking move as a last-ditch effort to stay in business.

Alice, I actually have dropped a paperback book in the pool, and I managed to dry it out enough to be readable, although it looked pretty sad. But I didn't get electrocuted when I fished it out. And it didn't cost me $150, plus the price of a bunch of books. I think a Kindle holds hundreds of books, the way an iPod holds tons of songs. And it has lots of cute advantages like it will look up dictionary definitions of words for you and you can do a keyword search. Plus you can make the font bigger. But I'm with you--I'm a tree-killer to the soul. I like that paper in my hands.

And Jan and Amy, I'm with you, too. I want my work in a bookstore. Not a whole lot of things are as thrilling as seeing your own name on a book in a store window.

Mayowa said...

I wonder if the authors don't have the right to fight for release from their contracts. They certainly did not go into those contracts with these expectations and they should be released (if they desire to be) or compensated.

Perfect time for agents to do some battle.

Christine Ahern said...

I own an E-reader. I love it for nonfiction, frivolous fiction (I’m reading my first Evanovich now) and magazines. I have to admit, when I read literature and poetry collections I want good ol’ fashioned paper. I want the total experience. I want to smell the paper, hear that wonderful scraping sound when I rub my fingers along the page. I want to close the book and run my hand along the cover when I stop at a particularly brilliant line to absorb the image. Reading is, sometimes (the best times) a total sensual experience. An E-reader can’t give you that.

Anne R. Allen said...

Mayowa, I hope you're right.

Christine, I didn't know you could read magazines on Kindle. Now that's a plus. Being able to read magazines like Vanity Fair without sneezing from all the perfume ads might almost be worth the price of an e-reader. Thanks for sharing your experience.

Marilyn Meredith a.k.a. F. M. Meredith said...

I have a Kindle, love it. My books are in Kindle, love that too. I've been e-published for years--it's not going away.

Marilyn