And now for the news!
Some highlights from this month in the world of self-publishing!
Another gem from Adam Rowe of Forbes, this article covers some of last year’s top news when it comes to publishing–both traditional and self-publishing trends. Rowe begins by writing that “Popular predictions include the continued rise of audiobooks, political non-fiction, books clubs and the niche subscription service model. But the past still has a lot to say.” What is it that the past has to share, specifically, here? Crime fiction is still on the ascendant, writes Rowe, and it looks as though nothing will be unseating the blockbuster greats of that genre anytime soon–and Rowe mentions that certain other genres, including science fiction, fantasy, and romance, are more popular in digital than print at present. Other revelations include the strength of children’s books as a market force, as well as food writing and popular science, particularly in the UK. This article as a whole is well worth a look, just to keep up with the latest in what’s happening in the publishing industry as a whole.
Every author has probably asked this question of the universe at some point, and here comes New York Times contributor Concepción de León to answer it. Writes de León, “Writing has never been a lucrative career choice, but a recent study by the Authors Guild, a professional organization for book writers, shows that it may not even be a livable one anymore.” But before you start slipping into despair, check out the full article, which covers the history of authorship and how income levels have shifted over the years. de León and the New York Times in general comes from a place of traditional print media, and they’re well aware of that fact. But they don’t completely neglect the self-publishing authors among us; the article relies on findings that “are the result of an expansive 2018 study of more than 5,000 published book authors, across genres and including both traditional and self-published writers,” writes de León. The real problem, de León writes, is a well-known name: Amazon. Amazon “charges commission and marketing fees to publishers that Ms. Rasenberger said essentially prevent their books from being buried on the site. Small and independent publishers, which have fewer resources and bargaining power, have been particularly hard hit.” So … does it pay to be a writer? It depends on your market, and your royalties, and your access to high-quality marketing strategies, de León intimates. Check out the full article for more!
As a self-publishing author, you may find it helpful to stay up-to-date on the trends and news related to the self-publishing industry.This will help you make informed decisions before, during and after the self-publishing process, which will lead to a greater self-publishing experience. To help you stay current on self-publishing topics, simply visit our blog each month to find out the hottest news. If you have other big news to share, please comment below.