It doesn’t seem like a very good time to be part of the book publishing business. The industry is in a parlous state of flux – publishers and agents appear stressed and depressed, and many bookshops are struggling. In my local area I have watched two lovely independent bookshops open, flounder, and close in the past couple of years. And as of today, industry knowledge has become public knowledge: Borders and Angus & Robertson are in big trouble too.
E-books are on the up, and they have risen so quickly that when we were negotiating my first publishing deal the e-book portion of it proved a little bit tricky, because we were all still getting to grips with the ramifications of the format. Traditional book formats are expensive at RRP – and many of my readers are happy to tell me they got my book out of the library. I don’t mind this at all (I get some books out of the library too), and writers do earn a little bit from library borrowings. Nevertheless, I made more in my final year of editing than I have done in my last three years of writing combined, and soon I will probably need to supplement my writing with another source of income.
It seems that for everyone in the book business it’s time to adapt in order to survive. I hope as many as possible make it through to the other side, and that diverse, original, independent booksellers can tough it out against the big discounters. And I hope that all writers, published and those to be published, can ignore this horrible blip in the business and pursue their ideas wholeheartedly, because surely, at some stage, things will settle down, and earning a living this way might get a little easier. In the meantime it’s a pleasure to be part of the book-business community, because I’ve met (or cyber-met) so many superb, supportive people in the last couple of years: booksellers, authors, readers, agents, journalists, salespeople, librarians, editors and publishers. Good luck to every one of you, and here’s to a brighter day tomorrow.