Quote:
Originally Posted by Steve Jordan
Obviously, there is a lot of stuff in the slush piles that probably should never be seen in the wild (no tongue in cheek needed there). However, I'm suggesting that it should not be the publisher's job to decide, because the current publishing model is too dependent on profiting heavily on the smallest number of books, which means there are too many potentially good books in those slush piles that the publishers are passing up on due to lack of expected high-profit margins.
|
So, while currently the retailers are able to take advantage of the long tail, you are suggesting that authors take care of the long tail.
I guess you could extend this so that the publishers could perhaps have two brands that they publish under. One would be for first books and/or new authors. The author would need to pay for all the editing and typesetting up front and the publisher would do no marketing. But, after they are established the publisher could offer advances etc as they do now.
This actually might be interesting because it would allow for authors who might be rejected get discovered. I'm sure there are books that have been rejected by several publishers only to go on later to be big hits.
So, Steve... I'm wondering, if this is such a good idea and business plan... why don't you become the "new century" publishing company?
BOb