Quotation of the DayBooks Are . . ."Books are the carriers of tradition and the seeds of change; a source
of solitary enjoyment and communal celebration; beautiful physical
objects and abstract spaces for language and thought; work and
pleasure; desirable and burdensome; always doomed and always thriving;
cheap thrills and pricey enlightenment; worth talking about, worth
fighting for, worth loving, worth sharing, worth making a life
about."--Jessica Stockton, events coordinator at McNally Robinson
Booksellers, New York City, in a Forbes special report on books. NewsNotes: New Downtown L.A. Store; WerrisMetropolis Books opened last week in downtown Los Angeles, L.A. Downtown News reported.
The 900-sq.-ft. store will stress fiction, mystery, film and anime.
Owner Julie Swayze launched stores for Pier One Imports, was a buyer
for Robinsons-May department stores and is a self-published author.
Swayze told the paper that "downtown seems open to independents" and
that she was inspired in part by the success of a friend's video rental
store. Metropolis Books is located at 440 S. Main St., Los Angeles,
Calif. 90013. --- Congratulations to Wendy Werris, whose An Alphabetical Life: Living It Up in the Business of Books (Carroll & Graf, $15.95, 078671817X) has hit No. 7 on the Los Angeles Times bestseller list! (Excerpts from the book appeared this fall in Shelf Awareness.) A longtime rep, author escort, photographer and former bookseller, Werris lauded the role of reps in the industry and said she was proud to be able to call herself a writer, too. "I feel I have another book in me," she added to enthusiastic applause from a crowd that is quite capable of casting a jaundiced eye on forthcoming titles. --- Inger Forland has joined Globe Pequot
Press as executive director of marketing, publicity and design. Forland
has held senior positions in marketing at several companies and was
director of marketing and publicity for retail and custom publishing at
Time-Life and v-p, marketing and publicity, for Octopus Publishing
Group, USA. Media and MoviesMedia Heat: Nobel Peace Prize Winner on OprahToday on Oprah: Nobel Peace Prize-winner Muhammad Yunus, author of Banker to the Poor: Micro-Lending and the Battle Against World Poverty (PublicAffairs, $15, 1586481983). --- Today on the Martha Stewart Show: Kathy Freston, author of The One: Finding Soul Mate Love and Making It Last (Miramax, $23.95, 140135243X). Also on Martha Stewart: Lucinda Scala Quinn, author of Lucinda's Authentic Jamaican Kitchen (Wiley, $17.95, 0471749354), offers up recipes and decorating tips for holiday gatherings. --- Today on WAMU's Diane Rehm Show: a rebroadcast of the show's interview with Timothy Egan, author of The Worst Hard Time: The Untold Story of Those Who Survived the Great American Dustbowl (Mariner Books, $14.95, 0618773479), winner of the 2006 National Book Award for nonfiction. --- Tonight on the Charlie Rose Show: Ben Barnes, the former Lieutenant Governor of Texas and author of Barn Burning, Barn Building: Tales of a Political Life, From LBJ to George W. Bush and Beyond (Bright Sky Press, $24.95, 1931721718). Books & AuthorsBook Sense: May We RecommendFrom last week's Book Sense bestseller lists, available at booksense.com, here are the recommended titles, which are also Book Sense Picks: Hardcover Truck: A Love Story by Michael Perry (HarperCollins, $24.95, 0060571179). "Perry successfully weaves three main stories--restoring a 1950s International Harvester truck with his brother, discovering romance after several failed relationships, and learning the unpredictable art of gardening--into one coherent whole. Humorous without being cynical and heartfelt without being overly sentimental, Perry is my kind of memoir writer."--Kathleen Garfin, Enchanted Forest Books, Forest City, Iowa Before I Go by Riley Weston (Campfire, $21.95, 0977954323). "Madison is a teenager whose life is ice skating. She is on her way to the Olympics when tragedy strikes and she must learn to live her life without skating. Madison finds out just how much she, her family, and friends have given up for her to pursue her dream of skating in the Olympics. You won't want to put this book down!"--Jennifer Hardacre, The Bookshop, Venice, Fla. Paperback Mountain Man Dance Moves: The McSweeney's Book of Lists by McSweeney's (Vintage, $12.95, 0307277208). "The first page made me laugh out loud, and I was in tears by the fifth. Intelligent, cheddar-sharp wit and topics ranging from 'Witty Quips to Utter After Relieving Your Bladder On the Subway' to 'Other Places Jimmy Buffet Wasted Away' to a preponderance of unicorns. The titles of the lists alone make this read well worth it."--Whitney Spotts, Schuler Books & Music, Lansing, Mich. For the Youngest Set The Topsy-Turvy Towel by Julie Goulis, illustrated by John Ferguson (Bubblegum Books, $14.95, 0975462121). "When the sun goes down on Sam, Sally, and Suzy's day at the beach, their ordinary beach towel transforms their evening into an extraordinary adventure! With its rhythmic text and beautiful illustrations, I can't wait to use this new book during storytimes--it's sure to encourage young readers to engage in the vast, beautiful world of their imaginations!"--Becca Jones, Joseph-Beth Booksellers, Pittsburgh, Pa. Puppies, Puppies Everywhere! by Cat Urbigkit (Boyds Mills, $12.95, 1590783638). "On the Wyoming sheep ranch the puppies are everywhere. The stunning pictures that make you go ooooh and the text aimed at wee ones combine to make this another adorable book for dog lovers."--Margaret Brennan Neville, The King's English, Salt Lake City, Utah [Editors' note: Considering the subject, the author's first name makes us purr in pleasure.] [Many thanks to Book Sense and the ABA!] Oregon Book AwardsThe 2006 Oregon Book Awards, honoring "Oregon writers in genres of
poetry, fiction, literary nonfiction, drama and young readers'
literature," were given last Friday. Sponsor Literary Arts promotes all
finalists in libraries and bookstores in Oregon; the Oregon Book Awards
Author Tour brings finalists to public libraries and independent
bookstores around the state.
Deeper UnderstandingThe Culture and Commerce of Publishing Statistically SpeakingHere's the initial statistic in a statistics-driven story. For the first
time in 25 years--since John Tebbel's 1981 four-volume A History of
Book Publishing in the United States--there's a title that looks at the
book industry in "a comprehensive way," said Al Greco, perhaps best
known here as the compiler of the Book Industry Study Group's annual Book
Industry Trends. The new book about the book biz is The Culture and
Commerce of Publishing in the 21st Century (Stanford University Press,
$65, 0804750319), which Greco, professor of marketing at Fordham's
Graduate School of Business Education, wrote with fellow Fordham
professors Clara Rodriguez and Robert Wharton. "It's a nutty business but a great business," Greco said in a conversation with Shelf Awareness. "It's a cultural business that's different. Hollywood talks about culture but couldn't care less, and newspapers have a cultural tradition but they're publicly owned and under major pressure." One way the business is different from many others: it "adapts quickly and is willing to take risks," Greco said. "If there's a trend, we pick up on it. It's one of the wonders of the business. Editors look at cultural trends, the arts, pop trends, and crank out books in response." And another way the business is different: "most of the product doesn't work." Naturally Greco has statistics to illustrate this point: "Seven out of 10 new trade books lose money," he said. "Two break even. One makes money. The ratio hasn't changed for years, and it explains why we're a hit-driven business." Several other titles in the past quarter century have looked at the publishing business, he noted. Michael Korda's Making the List: A Cultural History of the American Bestseller, 1900-1999 was "great," Greco said, and Jason Epstein's Book Business: Publishing Past, Present and Future was "very good but as good as it is, the only numbers in it are the page numbers." By contrast, The Culture and Commerce of Publishing in the 21st Century has what Greco called "a heavy emphasis on statistical data and analysis of that data. There are no war stories or someone's impression." The book is popular among academics but is also intended for people in the book world or entering the book world who need to "make sense of it and understand the growth of the business and the forces that impact that business." He noted that so many book editors are English or history majors and have to learn the economics of book publishing "the hard way." So "to provide a framework for the business's growth after World War II," the book contains all kinds of tables of data going back decades, chronicling bookstore chains' market share; U.S. book title output; annuals changes in the consumer price index, gross national product and population; publishers' sales data; book unit sales; and more. (There's even a table of all of Oprah's book club picks.) It's been a busy period to cover. Not surprisingly a major change in the book business is "the impact of technology, which is obviously moving the business in a faster way," Greco said. This explains RiverDeep's purchase last week of Houghton Mifflin. "Now RiverDeep has electronic products and textbooks," he said. "That technology will ultimately change el-hi but not trade." (The Sony Reader is not the e-book product that will revolutionize trade book reading, he maintained. "Who's going to buy that?" Greco asked.) Retail changes loom large in the book. Among Greco's observations about this part of the business:
Greco expressed great concern about the popularity of reading as a leisure activity. Since the late 1990s, the time spent annually by consumers reading books has been moving "down an hour a year every two or three years" while the hours people spend on "media" in general, including watching TV and movies, reading newspapers, surfing the Internet and playing video games, has risen. "Media usage of books should have gone up," he said. "The vast majority of people in the U.S. can read and write English. There is an 'installed base,' but usage isn't increasing. "The industry has tried so far not successfully to get people to read more." He stressed that the NEA's 2004 Reading at Risk report "got a lot of press and should continue to get a lot of press." And while some people think the book business is engaging in price gouging, Greco noted that most mass market titles cost $4.99 or $5.99, and used an unusual statistic to put the price in perspective. A mass market book, he said, costs "the same as breakfast at Denny's." As for sales statistics about his own book, Greco said that in Amazon.com ratings, the book has "done pretty well. Some days it's 60,000, some days 100,000." But in a major irony, Greco doesn't yet have hard sales data on The Culture and Commerce of Publishing in the 21st Century, saying, "We'll find out once a year."--John Mutter |
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