I read an article in The Wall Street Journal this weekend that talked about how the major publisher are paying big bucks and taking big risks even in these economically hard times. At first, I was excited to see a headline that said publishers are still stepping up then I read the article.
To sum it up, it basically said that the publishing industry is taking a hit and sales are down. The bright side of the article was not a bright side to me. The writer went on to say that publisher are taking risk with huge multi million dollar deals on some first time writers in the hopes that they would be the next blockbuster or Harry Potter epidemic. However, I noticed the first time writers mentioned were ALL celebrities.
Now don't get me wrong, I never imagined I would sign a multi-million dollar deal with my first book. Hey, I just want to get published. What bothered me about the article is that it made me really stop and question if a publisher or agent is going to want to gamble on little unknown me when money is scarce and book buyers are scarcer. It was already hard enough to break into the world of the elite published before the economy started its descent, but now I wonder if it will be even harder.
Sunday, January 04, 2009
Who Gets The Big Buck In The Publishing World
Julie Johnstone is a best-selling author of Regency Romance. She’s been a voracious reader of books since she was a young girl. Her mother would tell you that as a child Julie had a rich fantasy life made up of many different make believe friends. As an adult, Julie is one of the lucky few who can say she is living the dream by working with her passion of creating worlds from her imagination. When Julie is not writing she is chasing her two precocious children around, cooking, reading or exercising. Julie loves to hear from her readers. You can send her an email at firstname.lastname@example.org or find her at www.juliejohnstoneauthor.com, or on Facebook at juliejohnstoneauthor or at twitter @juliejohnstone.