Guest Column : The New Give-to-Get Publishing Economy: Edith D. Wilson, R.I.P.
Traditionally reclusive publishers need to change to thrive in today's social economy.
May 2009 By Carolyn PittisFast-forward two decades and we are in a vastly different book publishing landscape, one that is being impacted by a convergence of both long-predicted and recent “Black Swan” events. Search engines have, for some, displaced book retailers as the starting place for book selection. Self-publishing has moved from the margins to the mainstream; what were once considered vanity houses are now powerful content creation and distribution platforms. Social networks and no-cost marketing platforms like Facebook and Twitter have exploded, empowering consumers as buyers and opinion leaders in new ways.
This is occurring while traditional vehicles for driving book awareness—print-based book reviews and ads—are declining. The list of things that are different now than they were in Edith’s day is pages long. Most importantly, however, in this marketplace, anyone choosing reclusivity or anonymity over engagement chooses irrelevance.
So, how do book publishers add visible value for their authors and consumers in new ways? What needs to change, and perhaps more importantly, what needs to stay the same? As both a publishing “insider” and a frequent reader of publishing’s critics, I am often struck by how the public discussion of these questions is fundamentally different than private ones, how the focus of those inside publishing houses is different from those in the blogosphere. Beyond publishers’ walls, the tremendous value editors and their publishing colleagues provide in helping an author create a publishable work is often unknown. Yet, the vast majority of publishing time and energy go into just this activity—the core of what publishers do.
In the blogosphere, some opine about how hidebound and irrelevant publishers now are, how slow to change and resistant to risks. It makes good copy sometimes—I know I always bite on the most critical headlines first! Rare are the critics, however, who have concrete, insightful, specific suggestions of how to evolve publishing without throwing the baby out with the bathwater. Black-and-white thinking and talk of violent revolution distract many from the natural evolution that is both occurring and will likely be more sustaining for the “book” economy in the long run.



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