Roz was kind enough to send me a lengthy screed today by a writer named Paul Constant. Thanks for that, Roz. Why not just give me a nice paper cut and pour lemon juice in it? Mr. Constant had just attended BEA, Book ExpoAmerica, which has been the premier book event in New York and the US for years. He wrote the article pretty much as an obituary.
Of course as more than one commenter noted, the death of books and publishing has been mourned here and abroad for at least 20 years or more, and you can still pick up a first rate novel at the airport. But the basis of his reasoning was sound. More and more people do not buy books while not nearly as many as are lost to conventional publishing are picking up Kindles from Amazon. This means less and less of a market for people like me and even for people like Stephen King and Grisham (although King and Grisham will still be able to buy groceries).
Another point, though, seemed more upbeat for authors like myself who are not SK or Grisham, and that is the dogged perseverance of small to medium-sized publishers. These houses do not routinely give out multi-million dollar advances, so they do not routinely take multi-million dollar losses when they make print runs in the millions and then buy back books by the truckload. THAT was the worst mistake the publishing industry in this country ever made, guaranteeing returns from major booksellers that can paper their walls with the next bestseller and then send all those back that didn't sell three weeks later.
Like most authors I dream of the million dollar advance, but I have served enough time in the publishing mines to understand that my interests might best be served by having my upcoming offering--starting with a three volume epic fantasy series--published by a company that cares about the story as much as the bottom line. As a matter of fact I'm going to send my agent, Peter Rubie of Fineprint Lit, a link to this post (I know, I apologize for leaving this blog to wither on the vine, but honestly it drifted, the election was won, and I lost interest...). I hope he takes it to heart. I know he will. Peter is the best agent I've ever had and HE does keep my best interests in mind. (Don't get me wrong, Peter. Do not. I repeat DO NOT turn down that million dollar advance).