As
I strolled the people-packed aisles of The London Book Fair, I learned where
the book industry is heading. Here’s what I found out:
·
Book
prices are likely to rise.
According to Harper Collins CEO Bian Murray, who spoke at the fair, he sees a
cover price increase coming. He says prices have been repressed over the past
10 years but the ravages of inflation, salary increases, and a saturated
marketplace leave publishers no choice but to increase book prices.
·
There was a study/report
released by a UK-based publishing association that claimed self-published
writers were now bringing in more money than traditionally published
writers. I find this hard to believe given how so many books are under-promoted
and lack distribution for self-published writers. Further, self-published
writers incur costs that traditional writers do not. It was a survey - not a
scientific report with empirical data - so take it for what it’s worth.
·
There
is strong support for the Ukrainian book industry, decimated by Russia’s deadly
invasion. Showing resolve and
toughness, the Ukrainian cultural delegation was well-received here.
·
The
industry seems very focused on sustainability, equity in publishing, and the
infiltration of AI into the book world. There were many sessions on these topics.
·
Amazon
Kindle Direct Publishing and Ingram Spark rule the self-publishing marketspace. They each had a big presence here.
·
It
appears the UK has issues with book bans as well. A study conducted by the Chartered Institute
of Library and Information Professionals, the UK’s library and information
association, discovered that a third of librarians had been asked by members of
the public to remove or censor books. Further, the organization’s chief
executive indicated that the number of incidents has increased in recent years.
·
The
UK, like the US, is starting to realize its books, rewriting classics to fit
the vocal yells of a handful of people seeking to revise the world. Agatha Christie's books have had the term
oriental and the n-word removed. Though no one wants to be assaulted with
racist language, it’s part of our language and the words, as repulsive as they
are, have meaning. They also are a part of our cultural history. Revising books
for content, language, or any purpose is extremely slippery.
· Independent bookstores are growing in the UK. Just seven years ago, in 2016, there were 867 such shops. After seven straight years of growth, the number of indie bookstores ballooned to 1072. The US has seen similar growth in the indie bookstore sector.
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About Brian Feinblum
Brian Feinblum should be followed on Twitter
@theprexpert. This is copyrighted by BookMarketingBuzzBlog ©2023. Born and
raised in Brooklyn, he now resides in Westchester with his wife, two kids, and
Ferris, a black lab rescue dog. His writings are often featured in The Writer
and IBPA’s The Independent. This
award-winning blog has generated over 3.3 million pageviews. With 4,400+ posts
over the past dozen years, it was named one of the best book marketing blogs by
BookBaby http://blog.bookbaby.com/2013/09/the-best-book-marketing-blogs and recognized by Feedspot in 2021 and 2018
as one of the top book marketing blogs. It was also named by
www.WinningWriters.com as a "best resource.” For the past three decades,
including 21 years as the head of marketing for the nation’s largest book
publicity firm, and two jobs at two independent presses, Brian has worked with
many first-time, self-published, authors of all genres, right along with
best-selling authors and celebrities such as: Dr. Ruth, Mark Victor Hansen,
Joseph Finder, Katherine Spurway, Neil Rackham, Harvey Mackay, Ken Blanchard,
Stephen Covey, Warren Adler, Cindy Adams, Todd Duncan, Susan RoAne, John C.
Maxwell, Jeff Foxworthy, Seth Godin, and Henry Winkler. He recently hosted a
panel on book publicity for Book Expo America, and has spoken at ASJA,
Independent Book Publishers Association Sarah Lawrence College, Nonfiction
Writers Association, Cape Cod Writers Association, Willamette (Portland)
Writers Association, APEX, and Connecticut Authors and Publishers Association.
His letters-to-the-editor have been published in The Wall Street Journal,
USA Today, New York Post, NY Daily News, Newsday, The Journal News
(Westchester) and The Washington Post. He has been featured in The
Sun Sentinel and Miami Herald. For more information, please consult:
www.linkedin.com/in/brianfeinblum.
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