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**TIPS FROM THE TOP*****
The Industry Players.....
In the past decade or so, the publishing industry has been
confronted with powerful new competitors. For example, mountains of
information and entertainment now stream into readers' homes as a
result of the emergence of the Internet and the explosive expansion
of cable television. Access has become easy and virtually universal
because it leapfrogs boundaries. In the process, it's changed the
culture.
Simultaneously, the book-publishing industry has gone through
massive changes. It has consolidated dramatically. Imprints that
were formerly rivals are now sister companies and partners.
Standardized, corporate organizational practices have replaced
looser, more hands-on, family-oriented operations. Book publishing
has also benefited from waves of technical innovations that have
impacted virtually every aspect of the business, including how
books are printed, distributed, and sold.
Picture today's book-publishing industry as a sharply pointed
triangle. The narrow top of the triangle contains a handful of
players, while the bottom portion is densely packed. As the
triangle rises, the mass of publishing companies thins.
Six huge, multinational conglomerates dominate the book-publishing
business; together, they put out about 80 percent of all books
sold. Four of these giants are foreign owned, but all have
headquarters in New York City, which is the world book-publishing
center. As a result, the big six are considered "New York
Publishers," which carries a certain literary cachet, even though
they're actually owned by corporations based in Munich, London, or
Sydney.
The six publishing colossi are:
Random House, Inc., a division of Bertelsmann AG (a German
Corporation), is the world's largest English-language general trade
book publisher. It publishes some seventy imprints, including
Anchor, Ballantine, Bantam, Broadway, Crown, Dell, Del Ray, Dial,
Doubleday, Fawcett, Fodor, Dell, Knopf Group, Pantheon, Random
House, Villard, and Vintage. It also owns the Literary Guild.
The Penguin Group, which is owned by Pearson (United Kingdom), is
the second largest publisher in the United States and Canada and
the largest in the United Kingdom, Australia, New Zealand and
India. Its imprints include Allen Lane, Avery, Berkley Books,
Dutton, Hamish Hamilton, Michael Joseph, Plume, Putnam, Riverhead,
and Viking. Penguin also publishes children's brands such as
Puffin, Ladybird, Dutton and Grosset & Dunlap.
HarperCollins, a subsidiary of the News Corporation Limited
(Australia), has annual revenues of over $1 billion. Its imprints
include Amistad, Avon, Caedmon, Ecco, Eos, HarperBusiness,
HarperCollins, HarperSanFrancisco, Perennial, Rayo, ReganBooks and
William Morrow. Its Zondervan unit publishes Bibles and Christian
books, and its e-book imprint is PerfectBound.
Holtzbrinck Publishing Holdings, (Germany), publishers imprints
that include Argon; Bedford; College-Group; Farrar, Straus &
Giroux; Freeman; Hanley & Belfus; Henry Holt; Hill & Wang;
Macmillan; North Point Press; Picador; St. Martin's; Scientific
American; Times Books (partnership with New York Times Group);
Urban & Fischer, and Worth.
Time Warner Book Group Inc. (United States) owns the Book-of-the- Month Club and the imprints Aspect; Back Bay; Bulfinch; Little,
Brown and Company; Press Warner Books, The Mysterious Press and
Warner Books (Warner Business Books, Warner Faith, and Warner
Vision). It also distributes publishing lines for Hyperion, Arcade,
Disney, Harry Abrams, Time-Life Books, and Microsoft.
Simon & Schuster, Inc., is the publishing arm of Viacom (United
States). It publishes Aladdin Paperbacks, Atheneum, Atria,
Fireside, The Free Press, Little Simon, MTV Books, Margaret K.
McElderry, Pocket Books, Scribner, Simon & Schuster, Simon
Spotlight, Star Trek, Touchstone, Washington Square Press, and Wall
Street Journal Books.
A seventh biggie is Disney Publishing Worldwide (United States), a
subsidiary of the entertainment giant the Walt Disney Company. It
publishes ABC Daytime Press, ESPN Books, Hyperion, Miramax, and Theia.
In addition to the giant publishers, Dan Poynter reports that some
300 to 400 medium-sized publishers exist, along with more than
85,000 small and self-publishers. With the explosion in electronic
books, printing on demand, and other innovations, the field
continues to expand.
What You Need to Know
So, how do the changes in publishing affect you? Since information
and entertainment are so readily available, publishers have become
more selective. The books they publish must be better than what
readers can get online or on TV.
Industry consolidation has created fewer publisher/buyers, which
could make it harder for you to capture a big publisher's
attention. This translates into more competition for you from other
authors. It probably means that your proposal will be evaluated on
a strict dollars-and-cents basis or that you will have to comply
with a bunch of rigid, corporate-imposed demands. It could also
limit your flexibility as a writer and your input into the way your
book is designed, marketed, and promoted.
Some writers find smaller, even local publishers in their area
easier to approach and more accommodating. So when you start
identifying potential publishers for your masterpiece, don't just
look at the big guys. Be open to all publishers and pay special
attention to those who have published books like the one you wish
to write. Your publisher just might be in your own backyard! Do
some homework.
So writers who hope to be published must find ways to get into the
system, and that usually requires them to increase their profiles.
An excerpt from the National Bestseller Author 101: Bestselling
Secrets from Top Agents http://www.author101.com
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