The Big 5 are again trying to game the marketplace. Will it pay off?
The Wall Street Journal says the Big 5 are trending towards doing away with —
or delaying the release of a trade paperback when they publish in hardcover for
its nonfiction titles. The number of new paperback titles, says Bowker Books in
Print in an article, are down by 42 percent over the past five years.
Traditional book publishing a generation ago would release a book in hard
cover. A year later it would do a trade paperback edition, then a mass market
book.
Then came the advent of the e-book.
Big publishers would then release the hardcover first and then the e-book three
to six months later, and the trade paperback another six months after that. The
mass market edition started to disappear.
Then came a time where a hardcover was not produced all of the time, and the
paperback came out, possibly simultaneously with the e-book.
Further tweaking had then led to the same-day release of all formats:
hardcover, paperback, e-book, and audiobook.
But today’s trend is pushing a big path to selling the hardcover without a
trade paperback option. The problem with this is the spread in price between a
hardcover and an e-book is huge. Will this drive more people to gravitate
towards e-books or will e-book prices rise to decrease the price gap?
Fiction is a different story. The trend there is for simultaneous release in
all four formats.
As for the indie and self-publishing world, they mainly rely on the e-book and
trade paperback, with some audio books and a handful of hardcover copies being
made available.
One day there will be one format, some version that gets downloaded into our
brain’s hard drive and that gets accessed by our AI-driven subconsciousness.
Ok, that may be a few generations away, but who knows?
For now, we will see if the Big 5 move away from adult nonfiction pays off
financially and in getting more book readers.
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For
the past three decades, Brian Feinblum has helped thousands of authors. He
formed his own book publicity firm in 2020. Prior to that, for 21 years as the
head of marketing for the nation’s largest book publicity firm, and as the
director of publicity 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,
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has spoken at ASJA, BookCAMP, Independent Book Publishers Association Sarah
Lawrence College, Nonfiction Writers Association, Cape Cod Writers Association,
Willamette (Portland) Writers Association, APEX, Morgan James Publishing, and
Connecticut Authors and Publishers Association. He served as a judge for the
2024 IBPA Book Awards.
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and The Washington Post. His first published book was The
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was featured in The Sun Sentinel and Miami Herald.
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and Ferris, a black lab rescue dog, and El Chapo, a pug rescue dog.
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