Posts Tagged ‘Random House’

The Allure of the Rheingold

Sunday, July 25th, 2010

 

Drama has taken hold of the publishing world. The events that are currently unfolding might lead to the total annihilation of book publishers  – picture-rheingoldor so they say.

 

In case you haven’t followed the nail biting saga, let me fill you in – it’s a classic really with lots of big baddies.

 

The main part is played by a mega big agent, called Andrew Wylie, known as “The Jackal.” He has some 700 authors, among them mega big clients, such as Phillip Roth and John Updike,  and some of the big authors are published by the mega publisher, Random House. As you can see, it’s all very mega, very Wagnerian indeed. And everyone is after the Rheingold.

 

Wylie has now taken 20 of his big clients straight to amazon ( another mega), bypassing Random House, to sign a two-year deal for their ebooks. The deal allows amazon exclusive distribution rights for these works through its Kindle reader. Random House is outraged – rightly so – because after all they made those writers famous and they feel that they deserve to own the ebook rights instead of some online supermarket.

 

All fingers point at the Jackal. He apparently is the ultra meany in this play, the Alberich of the publishing world,  his greed drove him into the arms of amazon who are desperate to promote their little Kindle machine. It’s also the first time that a publisher has been blatantly shown it’s place in the new world order of paper free texts – with obliteration lurking around the corner.

 

That’s true. But what about the authors, are they innocent in all of this? Wylie is only their agent – more a Fafnar than a Alberich – he couldn’t have done anything if they hadn’t given him the green light. So, perhaps it is their greed that is driving it all. Shame really because I can’ t help feeling that the authors involved have already earned enough to live happily ever after. Shouldn’t they have shown some loyalty towards their publishing house? I think so.

 

However, I wouldn’t go as far as feeling sorry for Random House. For now, all that is happening up there on the big stage, is that Fafnar and Fasolt – Random and Wylie, with amazon a happy onlooker - are hitting each other around the head, each desperate for the ring. Eventually one will get killed, the other turn into a dragon and Valhalla will go up in flames and with it the publishing world as we know it.

 

But is that a bad thing? My nymph and me don’t think so. It’s high time for a good shake up. At the moment, we are sitting in the auditorium, hugely entertained by the events up on stage. By the end we will give the actors a huge applause. They will surely be totally exhausted, poor darlings. Peirene, in the meantime, will be energized, with lots of lessons learnt, ready to rebuild the publishing Valhalla. Perhaps slightly less grand. But where surely everyone will be far happier, striving towards the common goal of producing good literature and making it widely available.

Sunbath of a Tortoise

Saturday, May 22nd, 2010

 

Peirene is a nymph who is at heart a tortoise. I finally understood her real psychological make up. And – let me be quite frank – do not evenwebite-home-1431 dream of mocking her. Or have you never heard of the famous fable of the tortoise and the hare?

 

Big publishing houses like to scare small publishing houses. Especially at book conferences. After publication date, the book has a window of two months, six weeks, four weeks to make or break it. The window gets smaller with every conference I attend.

 

When Beside the Sea was published beginning of February, for the first three weeks it did well and I secretly hoped my nymph was becoming a big-time superstar diva. Then things went quiet, terribly and worryingly quiet. “Books have their own momentum,” a colleague, from a small but definitely successful publisher reassured me (one of his books has just been short listed for the Orange). I didn’t believe him and complained bitterly to anyone who cared to listen that only one woman, Lynne Hatwell from dovergreyreader had so far reviewed Beside the Sea. All the other reviewers, in the papers and online, were men.

 

And then this week not only one woman but three announced their reviews of Beside the Sea. Madeline Clements in the TLS,  Kim Forrester on her book blog “Reading Matters” and Jackie Bailey  from Farm Lane Books (who will publish her review next week). And that’s not all. As you might know I feel very strongly that Beside the Sea is not only a book that ought to be read, but is also a book that should be discussed. A friend of mine was courageous enough to put her opinion about Beside the Sea on my facebook page, unprompted. She finds the book disturbing and a great “semi public” discussion on the page developed between us.

 

After such an exciting week, I couldn’t resist to check the book’s sales ranking on Amazon. Over the last two months it’s been a sitting tenant at around 130,000. Yesterday, it was at 29,000 ( and a few). Today, I am afraid to say, it’s getting back to it’s usual heights at 95,526. The Amazon sales ranking system is of course a bit of a sham. All it takes for a book to shed a few thousand ranking points is to have two or three people buying it at the same time.

 

But I really shouldn’t belittle my nymph’s success. Haven’t I just figured out, she is a tortoise? She belongs to the kind that wins races slowly. Random House should look out.

 

On the other hand, there is no need for them to panic yet. At least not for today. Peirene clearly isn’t in a mood for a race. Instead she gave in to the temptation of the gorgeous summer day and decided to take a well deserved sun bathing break.