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Thursday, March 14, 2013

Pub Club, Pub World


Hello, and welcome to the section installment of “Pub Club, Pub World”! This section will update all you lovely blog readers about what’s going on in the world of publishing.

Here's the latest news for this month!


1. From February 22nd through February 25th, around 500 independent booksellers, publishers and authors attended Wi8, or the 8th annual Winter Institute, in downtown Kansas City. The annual Winter Institute is gaining more and more popularity each year. Even the blizzards that immobilized the Midwest couldn't slow down the party - over 95% of those scheduled to attend were able to get there despite the snow. The event, which allows ABA (American Booksellers Association) member bookstores to attend, includes several special events, including "two Reps Pick lunches, the Winter Institute's signature Author Reception, and a trip to the National Association of College Stores' CAMEX trade show.” For those worried about the fate of the independent bookseller, this is your beacon of hope. The event is growing larger and larger every year, providing educational and engaging experiences for those involved in independent publishing.

2. Now let's look at the most recent lawsuit being filed against the Big Six. The Big Six (Random House, Penguin, Hachette, HarperCollins, Simon & Schuster and Macmillan) and Amazon are being sued by three independent bookstores because of DRM rights. The plan, according to the filed complaint, is that the DRM (digital rights management, which is used to protect eBooks from getting shared person to person) is squeezing independent booksellers out of the business. The lawsuit is on the heels of the Department of Justice’s lawsuit against Apple and five of the Big Six publishers over eBook price fixing. Said lawsuit is accused of solidifying Amazon's monopoly over the eBook industry. It's already a major concern that the eBook is putting publishers out of business, but it definitely endangers the independent publishers who are not affiliated with the Big Six! We'll follow closely for updates on this lawsuit.

3. Finally, let's take a look at Paper Lantern Lit. This company is a "book packaging" company, which means that they brainstorm novel ideas and give them to authors to write. The company just hosted its bi-annual gathering to generate more ideas. The concept of book packaging has produced some of the most iconic books, such as the Gossip Girl and Vampire Diaries series, which originate from another book packaging company, Alloy. Paper Lantern Lit, since it's launch in 2010, has published every proposal they have generated, now totaling 23 books, and three are in the works for television or film production. The company has helped publish nine first time writers, and the books are now being sold to some of the Big Six publishing houses. This has two possible effects. First, considering authors don't need to produce their own ideas, those who are good writers but bad idea generators need not fear. Secondly, on a negative note, those with brilliant, original ideas are getting overlooked because of the writers who work off of others’ ideas. Is it worth it? Only time, and the sales of these books will tell.

Keep reading for more news next month!

Sources:


By Natalie Hamil