https://www.hiddengemsbooks.com/ian-fleming-publications-revolutionizes-the-pub-industry/ ARC Book Reviews and Author Services Fri, 10 Mar 2023 13:06:13 +0000 hourly 1 https://www.hiddengemsbooks.com/ian-fleming-publications-revolutionizes-the-pub-industry/#comment-666442 Fri, 10 Mar 2023 13:06:13 +0000 https://www.hiddengemsbooks.com/?p=8481739#comment-666442 […] might remember last year how excited I was to announce that the Estate of Ian Fleming were quietly revolutionizing the publishing industry by reclaiming the rights to Ian’s work. I’d hoped this was another milestone in the […]

]]> https://www.hiddengemsbooks.com/ian-fleming-publications-revolutionizes-the-pub-industry/#comment-633179 Sat, 12 Nov 2022 16:46:10 +0000 https://www.hiddengemsbooks.com/?p=8481739#comment-633179 It will be interesting to see how Ian Fleming Publications fares. With ebooks, sure, they’ll make more profit than they currently do even if they sell fewer books. And indeed, they may well sell fewer books because they will probablhy lack the staff and experience that the traditional publisher has of marketing within this channel. However, much more telling will be how they fare with bricks-and-mortar bookstores, for it is organisation for distributing the printed book that remains the primary strength of the traditional publisher (think sales representatives, deliveries, invoicing and collection systems etc). National distribution is prohibitively expensive for the self-published author, and global distribution probably impossible. As self-published authors, we should not underestimate the role of the bricks-and-mortar bookstore and the power of the traditional publisher to service it. With books in the window, radio and newspaper advertising become viable, because the physical book is right there in the store as a reminder to the shopper of the advertisement he or she may have heard or read. For self-publishers, these advertising channels are of questionable value because the books are not physically present in the local bookstore as that trigger to recall the advertisment and make the purchase. The self-publisher’s game and the skills required to play it remain very different from the game played by the traditional publisher. Probably there will be room for both types of publishing in the marketplace for many years to come. Thank you for a most interesting article, Ginger.

]]> https://www.hiddengemsbooks.com/ian-fleming-publications-revolutionizes-the-pub-industry/#comment-632766 Fri, 11 Nov 2022 22:55:27 +0000 https://www.hiddengemsbooks.com/?p=8481739#comment-632766 A wise move? It depends. If the estate was too dim to ask for more than 10% and the publisher too greedy to offer more, then the opportunity for a greater return is certainly there. Taking over the ebooks should be a no-brainer for the estate. But as we know, many required services (notably printing and shipping) can cut into the print profit. Interesting announcement though.

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