Pub Rants

Category: Publishing/Publishers

“Just Don’t See How I Can Break This Out In A Big Way”

STATUS: Ready to turn in for the night.

What’s playing on the iPod right now? I GOTTA FEELIN by Black Eyed Peas

I have to say that lately, these are the most dreaded words an agent can hear from an editor.

As I mentioned last week, midlist authors are getting hit the hardest—especially when it comes to option proposals. This and debuts.

Lately, the most common editorial refrain seems to be the above. In fact, editors will even be wonderfully complimentary—really highlighting how much they liked the writing, the concept, the talent of the writer but… And the ‘but’ is the tough part.

If editors don’t see something as a big book, they are passing. Or my other recent favorite, if it doesn’t fit into a very narrowly prescribed genre of what has worked for them (oh let’s say something like dark YA angsty romance), then they are also passing.

Okay…. Hollywood does this too until the next big hit comes out of “nowhere” because it’s nothing like any movie currently out. I know it’s tough, editors, but I’d love a little vision.

Three Articles Worth Sharing

STATUS: TGIF—even if it’s cold in Denver.

What’s playing on the iPod right now? BARE NECESSITIES by Phil Harris

Sorry to interrupt our fun with royalty statements (and don’t worry, I’ll resume on Monday) but I saw these three articles and they definitely are worth sharing.

First article is a follow up to the one on Tuesday about FTC fining of blog reviewers for nondisclosure. Richard Cleland highlights that the FTC doesn’t have the authority to level fines, and he says, “the blogger or endorser would not be fined, but the advertiser would.”

Second is a blog entry on the HuffPo site from Steve Ross (Former President, Collins Division at HarperCollins and Sr. VP, Crown Division at Random House) asking why we can’t all just get along and responds to two recent blog postings by Chip O’Brien and Mark Coker with the following:

“Both blogs are, to this reader, rife with fallacious thinking, faulty reasoning, and/or tunneled perspectives that ignore the complex realities that publishers face during this turning point for the industry. But at a time when it is in the best interests of everyone who loves books to help the major houses endure, they’re being scapegoated, demonized and ridiculed for trying to survive with the crippling business model they’ve been handicapped with for decades.”

Last but not least, FrogDog Media does a children’s iStorytime ap for the iPhone—just in case you want your 3-year old to read instead of playing a video game on your iPhone. Kinda cool. And they are doing all picture books by new writers.

Tectonic Shift

STATUS: Halloween is going to be here before we know it. I’m not sure I’m ready for it to be the holiday season soon.

What’s playing on the iPod right now? UNDER PRESSURE by Queen (with David Bowie)

Or to quote Malcolm Gladwell, we may have reached the tipping point. As I mentioned earlier this week, October is a big royalty statement month here at the agency. All the publishing houses have different royalty reporting periods but the good majority of statements come in February/August, and April/October. In the last week, we’ve received a ton of statements.

And it’s always a happy time because with statements comes money.

But that’s beside the point. What I wanted to highlight tonight was that I’m reading a ton of statements from different houses, different authors, and different genres.

I’m noticing one big change. The amount of eBooks being sold in any given accounting period has risen dramatically.

I’ve been watching this for years. Four years ago, any author that sold more than 50 books in the electronic form (in one accounting period) was blowing it away and mostly I’d only see high numbers from our SF&F authors.

Now I’m looking at titles selling 500 to 1000 copies (and certainly sometimes more) in electronic form regardless of the genre. Even this time last year the numbers were not running nearly this high.

The tectonic shift is happening and it’s all clearly spelled out on paper—although one has to wonder how long those paper statements will last…

Editor Rant–Daniel Menaker

STATUS: TGIF and I’m heading out of the office early to do a little reading.

What’s playing on the iPod right now? STORMY BLUES by Billie Holiday

Ah, I couldn’t get the Friday Funnies to work and since I’m heading out, I’ll just have to let Daniel Menaker rant in my place.

If you haven’t checked out his blog posting at the B&N blog, it’s really worth a look.

Warning—this article is not for the faint of heart.

It’s definitely the unvarnished inside perspective though….

Have a great weekend.

Because Inquiring Minds Want To Know

STATUS: I worked on outstanding issues on two contracts, did a phone conference with an author and my film co-agent, touched base with my marketing director on two outstanding issues from last Friday and answered 118 emails. Maybe tomorrow I can actual tackle my To Do list for the day.

What’s playing on the iPod right now? THE MUMMER’S DANCE by Loreena McKennitt

At the end of each day, I do try and catch up with what is going on in the blog world. I like knowing about what other agents and editors are writing about.

So that was what I was doing when I stumbled upon this entry by Editorial Anonymous. I avidly read the entry and looked at the comments. Only 20 people responded? Unbelievable. I get comments like this every day on my blog and here we have an editor answering some key questions such as:

Q1. Given these recessionary times, are nervous publishers holding back on making decisions to take on a book?

You bet I’m reading that with interest.

Q3. As agents go, do publishers give them a pecking order, and so my agent may be lower in the pecking order?

Inquiring minds what to know!

Q7. Do you think it’s a good thing or a bad thing that I’ve yet to receive a response?

So I obviously need to point out this revealing entry. On submission right now, get ye over there and read Give Me Your Tired, Your Confused, Your Huddled Masses Yearning to Know What the **** Is Going On

And if you’re not at that stage and wondered about these Qs, you’ll also want to check it out.

Q8. From roughly what proportion of partial submissions do you then request the full?

Q9. Of those fulls you request, what proportion of manuscripts would actually be acquired?

Q10. Are you more likely to request a full if you met the author and got on reasonably well with them at a conference or workshop, or would that have no bearing whatsoever on your decision?

Q11. Or if the author had already been published, would that be more persuasive?

One Good Reason For An Agent

STATUS: Working on a reading day from home.

What’s playing on the iPod right now? WHEN I DREAM OF MICHELANGELO by Counting Crows

I know that a lot of frustrated writers view agents as evil gatekeepers.

This is a problematic view on so many levels and not just because I’m an agent! I always fear a mindset that buys into the idea that “somebody else is to blame.” Hard to succeed if you’re wed to that viewpoint.

But that’s beside the point. I’m actually writing today’s blog entry to point out one good reason to have an agent.

Remember last Friday when I related the horrific story of an agent who had received an offer and was in the middle of negotiating it when the publisher decided to rescind it? (Bad Sign Of The Times, July 23).

Here’s an update.

The agent went to bat on the issue and told the publisher, “Yo, that ain’t cool.”
(Actually I’m positive that’s not what the agent said but you get the picture).

After several rounds of discussion, the publisher agreed and the offer was reinstated.

Without the agent, I’m convinced that this resolution would not have happened for the author.

So, one good reason.

Bad Sign Of The Times

STATUS: Hooray. Only 199 emails in the inbox.

What’s playing on the iPod right now? EXILE by Enya

Several years ago, I had a project out on submission for one my clients. An editor had called me on Wednesday to discuss the format, the title, how to publish the book and to let me know that in Friday, she would call with the offer.

On Friday, she did call—but she didn’t make an offer. Her publisher had changed her mind in the two days in between and the editor could offer for the novel.

I was stunned. When an editor had called to warn me that an offer was pending, the offer had always come. But at least there really hadn’t been an offer. Just a notice that one was forthcoming. Sucks to be us (and unfortunately, I was never able to sell that particular novel).

A couple of weeks ago I heard a more horrific story. A fellow agent had received an offer that was in the beginnings of being negotiated and then the editor’s publisher called to say that were rescinding the offer.

Now I’m not just stunned but speechless.

It’s not like an editor can just pop on the phone and make an offer. These things go to committees. It’s discussed. The editor has to do a full P&L (Profit & Loss) statement. This has to be reviewed by the higher powers and approved before an offer made.

If the house had hesitations, come on, that should have been discussed before the agent was called.

Uh, guess not.

Now response times for submissions are slow. I’ve also heard of current contracts being cancelled (abominable but I know it has happened). I’ve also heard that editors are being extremely cautious about what they buy. I don’t have hard data on this but I also know that advances are skewing down rather than up when offers are made.

But this. This is a first and not a good sign of the times.

What Surprises An Editor

STATUS: I love going to conferences abut I have 246 emails in my inbox. And I was checking and responding to emails when I was away!

What’s playing on the iPod right now? HOME by Face

When I was at RWA in D.C. last week, I was having drinks with an editor from The Penguin Group (I think that was the house—it’s all a blur really). We were talking about passing on sample pages and I had mentioned that I had just passed on an author who already had an offer on the table.

She was really surprised and said, “I didn’t know that agents did that. I thought you’d always take the sale.”

And then I looked at her surprised (there was a lot of surprise going on in this conversation) because I just had assumed that editors knew that agents pass on projects—even with offers in hand. Even if the agent can see that the project might excite other agents and probably sell. Guess I shouldn’t assume what an editor would know or not know about the agent side of the biz.

Maybe I’m unusual. Maybe other agents wouldn’t have passed but right now, when I think about taking on authors and really pushing them in what is a tough fiction market, I’ve gotta feel the love. It could be a tough slog—even with a prior publishing record!

This offer was from a previously published author with a debut track record (so neither good or bad in that aspect). It’s not like I didn’t like the project or didn’t see the merit it. I did. It just didn’t speak to me so I could champion the author’s career.

And in this case, I don’t think the author had prior representation but had worked directly with the publisher. I don’t remember. She may have left the previous agent (which is a requirement for me as it makes me uncomfortable if an author is shopping new agents without leaving the old. I know it’s done and I know we’ve debated the pros and cons on this blog about that. I’m just saying what I’m comfortable or not comfortable with.)

Of course, I’m always wondering why my favorite authors aren’t ever dissatisfied with their current agents. Grin.

Pirating Made Easy

STATUS: Very chaotic and busy today. Logged a lot of phone hours for a negotiation, a revision phone conference, and a possible Hollywood deal.

What’s playing on the iPod right now? EVERYBODY HURTS by R.E.M

Today, one of my authors sent me a very interesting link. Basically you can Google to find a tutorial on Scribd that gives you instructions on how to easily download a Google Books “Limited Preview” book in its entirety into PDF.

You know the “partial” preview that is sometimes enabled on Google Books? Well, these instructions tell you how to get around the partial views to download the file. All of it.

Yep, pirating made easy.

Needless to say, I’m not including the link to the instructions on this blog (although if you’re curious, I imagine it’s not hard to find the link.)

One of the issues in this digital age is how authors will get paid for their intellectual property. And no, I’m not going into the whole DRM debate in this entry.

What I want to say is this. If you are a published author with the preview enabled on Google Books, tell your publisher about this quaint little feature on Scribd and the issue with Google Books preview.

Is Publishing Just About To Be Disrupted?

STATUS: How the industry is shifting does make me lie awake at night.

What’s playing on the iPod right now? SHE WORKS HARD FOR THE MONEY by Donna Summer

And to piggy-back on to what I was writing about yesterday on the blog, I want to share this very interesting article by science writer Michael Nielsen.

I read his blog entry earlier this week and my mind has been in a whirl since. He tackles the question of whether scientific publishing is about to be disrupted but I think the parallels to traditional publishing are very clear.

In the article, Nielsen highlights the signs of impending disruption in the newspaper industry: “Five years ago, most newspaper editors would have laughed at the idea that blogs might one day offer serious competition. The minicomputer companies laughed at the early personal computers. New technologies often don’t look very good in their early stages, and that means a straight up comparison of new to old is little help in recognizing impending disruption. That’s a problem, though, because the best time to recognize disruption is in its early stages. The journalists and newspaper editors who’ve only recognized their problems in the last three to four years are sunk. They needed to recognize the impending disruption back before blogs looked like serious competitors, when evaluated in conventional terms.”

The signs of disruption in the publishing industry are already there. The big question is whether we’ve recognized them in time. The big publishers today are like the Titanic. Huge. Cumbersome. Potentially perceived as unsinkable. And yet, huge tech companies such as Google, Amazon, and the upstart Scribd are changing the face of publishing. What will the big publishers be like in five years? 10 years? They see the ice berg but can they turn in time?

I hope so. I don’t have any answers to share but I certainly see possibilities. Will they merge with big tech companies such as Google? That would not be surprising. What will the role of agent be as publishing transforms?

And digital is the key that has changed all of this.

And how interesting that I’m reading one of the more extraordinary articles to tackle this question on a blog. By a science writer. Not in a publishing industry magazine. Not in a newspaper.

That says a lot in and of itself.