Category: literary life

Used Books = Big Business

As much as $2 Billion, says a new report.

“I think consumers are increasingly starting to notice that they can get used books in good condition, in a timely manner,” says Jeff Hayes, a director at InfoTrends, a market research firm that served as the principal analyst for the BISG study.

More than 111 million used books were purchased last year, representing about one out of every 12 overall book purchases. By the end of the decade, the percentage is expected to rise to one out of 11, a troubling trend when sales for new works are essentially flat; authors and publishers receive no royalties from used buys.

It was rather amusing (and a bit distressing) to see used copies of Hope and Other Dangerous Pursuits appear on Amazon on the same day the book became available for sale. In the beginning, they had 5 or 6 advance review copies (softcover versions that didn’t even have correct page numbers.) But now the hardcovers have shown up, some of them signed. (I’ve only had one signing so far, at a trade show, so I know exactly where those came from!) Powell’s, thankfully, is only showing one used copy of Hope so far.



Authors’ Guild vs. Google Print, Part 3

I’m still getting email notes about this post regarding the lawsuit that the Authors’ Guild has initiated against Google. This one comes from writer Richard Hellinga, who says:

What Richard Nash and and Anne Fernald forget to take into account is the sole reason Google is doing this. It is not an issue of increasing people’s access to information. That’s incidental. It has to do with the money Google will make selling advertising placed next to the book excerpts they will show when someone does a search. If they didn’t believe this would be a profitable venture, they wouldn’t do it. They’re not interested in selling books. They’re interested in selling ads.

When you go to a library, you are not subjected to ads when you flip through a book, or when you walk through the stacks. Libraries, be they public or university, don’t make money. They provide access to information for the sake of doing so.

If Google wants to scan an author’s works that’s fine, as long as the author and publisher get a percentage of the advertising revenue that Google is going to receive by allowing others to freely search and view excerpts. Fair use keeps culture alive, but profits keep Google, Writers, and Publishers alive. (Though writers have the occasional grant, fellowship, or residency to keep them alive, too, which they often need because profits almost always aren’t enough.)

See also this previous batch of emails for different arguments. If you’d like to share your own thoughts, feel free to email me.



New Obsession

Peter Terzian takes a closer look at The Complete New Yorker, which I’m dying to have. It’s an eight-DVD set.

Such bounty can breed obsession. Minutes after popping one of the eight discs into my iMac, the outline of my future became clear. I began making calculations. If I read one complete issue a day for the next 11 1/2 years, I would be finished in the spring of 2017. Of course, so much reading would occupy a few hours of each day. Surely I could shunt some social engagements, make peanut-butter sandwiches for dinner instead of all that time-consuming cooking.

It would be cool to be able to go through the entire fiction archives.

Link via Maud.



Reading In Town

Local author Marc Acito will be in appearing here in Portland to promote the paperback release of How I Paid For College. Except this is no ordinary reading. It’s a one-man show, with Broadway songs and bits of stories:

Marc Acito presents Confessions of a Square Peg
Friday, September 30
7:30 PM
Multnomah Arts Center

Further details.




EWN Panel

The indefatigable Dan Wickett has another e-panel, this time with editors of literary journals.