Business Monday

Self-publishing industry explodes, brings rewards, challenges

 

Thanks to the Web and the emergence of e-books, self-publishing has exploded, bringing its own set of rewards and challenges to established and aspiring authors.

A glance at the digital market

• The number of self-published books produced annually in the U.S. has nearly tripled, growing 287 percent since 2006, and now tallies more than 235,000 print and e-titles, according to a new analysis of data from Bowker Books In Print and Bowker Identifier Services.

• Trade publisher e-book revenues in 2011, according to BookStats: $1.97 billion (does not include self-published books not sold through book stores) or 16 percent of the trade total. Trade books include paperbacks, slightly larger trade paperbacks and hard covers in all genres that are sold through traditional book stores, as opposed to textbooks and mass market books sold in grocery stores. The figure is up from $838 million in 2010, which was 6.7 percent of the trade total that year. Adult fiction was the main growth area, with sales more than doubling from $585 million in 2010 to $1.27 billion in 2011, equal to 31 percent of all trade books in 2011.

SOURCE: Publishing Perspectives


Miami Book Fair International

Miami Book Fair International runs through Sunday, Nov. 18, at Miami Dade College, 300 NE Second Ave. in downtown Miami. The street fair is Friday through Sunday. Tickets are required for some events and are offered on www.miamibookfair.com, which also contains the full schedule.

For publishers and writers

The Writers Institute, operated by the Center for Literature and Theatre at Miami Dade College, is presenting one- and three-day workshops taught by authors and agents on self-publishing, writing and other topics, with one-on-one consultations available. The workshops are offered Wednesday to Friday as part of Miami Book Fair International at the college’s Wolfson Campus, 300 NE Second Ave., Building 8. One-day workshops are $70-$80; three-day workshops are $225. Register at www.miamibookfair.com or call 305-237-3023 or 305-237-3258.

There’s also a panel on self-publishing Saturday during the Miami Book Fair International street fair (free with book fair admission).

Here’s a sample of the upcoming writing and self-publishing programs at the book fair:

The Novelette: Science Fiction’s Little Jewel with Hugh Howey: Three-day workshop; 2 p.m.-5 p.m. Wednesday-Friday

How to Convert Your Ideas Into Novels and Stories with Colin Channer: 9 a.m.-noon Wednesday-Friday

Create You and Unleash Your Joy: A Writing Workshop with Lisa McCourt: 9 a.m.-noon Wednesday-Friday

Vivir de escribir with Teresa Dovalpage: In Spanish, 2 p.m.-5 p.m. Wednesday-Friday

How to Get Published with Kimberly Witherspoon and Ibrahim Ahmad: 2 p.m.-5 p.m. Wednesday

Buzz Your Book with M.J. Rose: 2 p.m.-5 p.m. Thursday

Master class on dialogue with Margot Livesey: 2 p.m.-5 p.m. Friday

The Future of Publishing with Johnny Temple: 2 p.m.-5 p.m. Friday

Cómo escribir (¡y leer!) textos narrativos with Abilio Estévez: 9 a.m.-noon Friday

The Copyright Clearance Center Presents: Self-Publishing. Jenny Pedrosa, a co-founder of the Writers Coffee Shop (original publishers of E.L. James’ ‘50 Shades of Grey’); Matt Cavnar, vice president of business development, Vook; Sara Nelson, editorial director of Amazon/Kindle; and M.J. Rose, author of ‘What To Do Before Your Book Launch’. Moderated by Christopher Kenneally, director, business development, Copyright Clearance Center. 4:30 p.m. Saturday, Room 8301 (Building 8, third floor).


Special to The Miami Herald

The publishing world is being upended, and reinvented, by people like Hugh Howey, Ily Goyanes and Kristy Montee.

They are part of a movement using the power of e-books and the Internet to lead publishing into a new frontier, and through the biggest upheaval of the industry since Guttenberg’s press.

“It’s the Wild West,” Montee said. “It is literally changing at the speed of light.”

Howey is a writer who authored, designed, formatted and self-published all but the very first of his 14 novelettes and stories as e-books — and saw his Wool series of sci-fi stories make the Top 100 Kindle Best Sellers of 2012, above J.K. Rowling’s The Casual Vacancy and the four-book bundle of George R. R. Martin’s A Game of Thrones.

Goyanes is one of a new breed of independent publishers filling the void between self-publishing and traditional publishing giants, offering technical, marketing and distribution help for do-it-yourself authors.

Montee is a Fort Lauderdale-based writer better known to her readers — along with her sister and writing partner, Kelly Nichols — as P.J. Parrish, the pseudonymous author of the Louis Kincaid and Joe Frye thriller series. She’s among the new “hybrid authors,” with a foot in both traditional and the self-published worlds.

“For a long, long, long time in our business anything that you published yourself just had a stench of amateurism about it,” she said. “That was just for desperate people who couldn’t make their way through the labyrinth of the New York system, so they resorted to paying pretty much scam artists to publish their books for them at great expense. And then, Amazon came out with the Kindle, which pretty much changed everything.”

With the stigma fading, and Amazon’s help, self-publishing has exploded. On its website, Publishers Weekly last month cited a new analysis of data from Bowker, which shows the number of self-published books produced annually in the U.S. has nearly tripled, growing 287 percent since 2006, with 235,625 print and e-titles released in 2011.

As a “mid-list author” with 13 moderately successful books to her name, Montee felt the pressure when her publisher began trimming its author list to reduce costs.

“So a lot of us, and this includes a lot of my friends,” began looking for ways to survive independently, Montee said. “Amazon made it extremely easy and very attractive to go self-publish through their model.”

She and her sister regained rights to two of their early books to re-publish and have a novella in the works they plan to self-publish.

The advantages, and the profits, can be huge. The downside, of course, would make a Vegas gambler sweat.

“The largest, by far, percentage of authors are making less than $500 a year self-publishing, because there’s a glut,” said M.J. Rose, a best-selling novelist and founder of the writer’s marketing company AuthorBuzz.com. “There’s over 350,000 books being self-published every year and readers are not finding them. There’s just no way to expose people to all of these books.”

Howey, however, who spends mornings writing at his home in Jupiter, might be the perfect example of what “making it” looks like in this thoroughly modern twist on every writer’s dream. He began writing while working at a bookstore, and he received a modest advance when a small press picked up his first novel.

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