A New Era in Book Publishing
As president of the Arizona Book Publishing Association for the last two and a half years, and as head of the self-publishing firm Wheatmark, www.wheatmark.com, for the last eight years, I’ve talked to hundreds of publishers and authors, and read countless articles and studies on the publishing industry. This experience has made it clear to me that a significant transition is taking place in the book publishing industry. The era of the major publisher and the bestseller is ending, and the era of the independent publisher and the micro market is beginning.
Major publishers’ titles account for an ever decreasing portion of overall book sales in the United States, while independent publishers’ titles and self-published titles account for an ever increasing portion. Similarly, bestsellers constitute an ever smaller portion of the total publishing pie, while books selling in the few thousands or hundreds account for an ever larger portion.
This shift […]