David Streitfeld has an interesting piece over at the Times about the shock wave of layoffs that just hit book publishers, and — cue scandalized tone — he doesn’t even blame it (all) on the recession. Instead, he points at the readers, and it’s not that we’re not reading. It’s that we’re reading so differently, and just like every other media business, book publishers are furiously spinning their wheels to figure out how to adapt:
Houghton Mifflin Harcourt announced that it wouldn’t be acquiring any new manuscripts, a move akin to a butcher shop proclaiming it had stopped ordering fresh meat… Don’t blame this carnage on the recession or any of the usual suspects, including increased competition for the reader’s time or diminished attention spans. What’s undermining the book industry is not the absence of casual readers but the changing habits of devoted readers.
In other words, it’s all the fault of people like myself, who increasingly use the Internet both to buy books and later, after their value to us is gone, sell them. This is not about Amazon peddling new books at discounted prices, which has been a factor in the book business for a decade, but about the rise of a worldwide network of amateurs who sell books from their homes or, if they’re lazy like me, in partnership with an Internet dealer who does all the work for a chunk of the proceeds.
The great thing, as he says, is that “more books are available for less effort and less money than ever before.” The bad thing is that as consumers give less of their money to the bookstores, fewer publishing houses take chances on books, particularly by new authors, because they can’t be sure of selling them. Rock (the way we’re getting our books now), meet Hard Place (the economy).
Moonrat, a professional acquisitions editor at a small fiction press, summarizes the problem beautifully in her post, C[r]rash Flow (Or What Went Wrong in October in Book Publishing. She says, “Now you can see the ripples that are happening, the layoffs, the dwindling advances, the precautions about acquiring anything in this climate. If publishing companies are shelling out money to publish books that bookstores only bother to stock for a minute and a half [in an already miniscule profit-margin industry -Ed.], we are all going to hemorrhage money until there is nothing left standing.”
Now, I probably shouldn’t be talking. While I DID get several brand new books for Christmas, I also just spent $9.15, plus some shipping, to get three books and two dvds off Half.com. This is great for me, since I’m poor, but terrible for the industry, since authors, editors and publishers, who put all the work into making the book, don’t get paid for these copies. Streitfeld says, “In theory, I want to support all of these fine folks. In practice, I decide to save a buck. ” And since I work in media, I feel doubly dirty. Like I’m looting from my brother’s house.
Newspapers are in a similar position, and flailing desperately for a way to make a profit. At most papers, the quality of the news is still relatively high (though continuing layoffs and the cutting of fact-checking departments are troublesome trends), but they’re not making enough money off it anymore, as readers go online and refuse to, or aren’t able to, pay for the privilege. More on that here.
So, what’s to be done? The brain must be fed!
Editorial Ass and several thousand others have proposed that we Buy a Book and Save the World. This means that you go out and buy just one book. From Amazon, from a bookstore, on sale, whatever, as long as it’s brand-new and retail. Used books don’t send any profits back to the publisher or author, so while my Half.com purchases are great for my own enrichment, they’re a little selfish in that sense. And if you’ve read ANYTHING in the past year that’s touched you, imagine if an editor read that manuscript but had to turn it down, and it never reached you.
Guys, I’m doing it. In fact, I’m working on a post with a list of all the books I intend to read in 2009 (with a few of my top recommendations from 2008), and I fully pledge to buy AT LEAST half of them in a way where some pennies will make their way back to the authors and editors. Can’t promise to pay full-price on all of them, or even that they will all get read, but if you get a book from me on your birthday, you know why.

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January 3, 2009 at 9:23 pm
knightofswords
Unfortunately, writers–who ought to know buying used books isn’t helping their colleagues–seem to be old hands at finding bargains, hard cover books on eBay for pennies on the dollar, some used booktore on the wrong side of town where stuff is virtually free.
I like the idea of resolving to buy some full-price books, then, either keeping them or donating them to a friends of the library rather than turning around an selling them used on Amazon.
I began the year with a full-price copy of THE FORTUNE TELLER’S DAUGHTER by Lila Shaara. I enjoyed it a great deal. If anyone else wants to read it, my copy is going to remaind hidden.
Malcolm
January 3, 2009 at 9:59 pm
amy
great post! there has been a lot of stormy conversations about this at the local bars where i’m at (probably for good reason, considering) but i like your optimistic spin. i started the new year off with a crisp, new copy of the road. totally worth it ;)
{peregrine says: Oh, I’m sure. Are there literary fisticuffs? Please say yes, I’m imagining the most wonderful authorial shakedowns. And I hope you’re enjoying The Road, it’s one of my favorites.}
January 3, 2009 at 10:00 pm
Writer's Block Party
I’d be interested to see your list of books for 2009. I’ll certainly check back for it. I’m working on compiling my own list of books to read for 2009, but I’m afraid I’ve started by scouring my own bookshelves for those books never finished, those I wish to read second (or tenth) time and those I’ve never cracked open.
I’m now trying to collect recommendations for other books to read–perhaps I can find a few off your list that will require me to go out and support the book industry this year!
January 3, 2009 at 11:09 pm
What I Read, What I Will Read « Perpetually Peregrine
[...] in Media, Review | Tags: books, buy a book save the world, reviews Here’s my follow-up to Buy a Book, Save the World. I started with a list of my favorite 2008 books, chosen for various and probably capricious [...]
January 4, 2009 at 1:16 am
Grover
I’m torn. I like the idea of helping writers out, as I hope to be in their shoes someday (hopefully their shoes survive), but I can’t help but feel like it’s not the writers who are in danger but the publishers. They’re saying, “Save the writers,” but what they mean is, “Realign your economic priorities along ours.”
If a business meets a demand, it flourishes. If that particular demand disappears or diminishes or changes, the business will change, or diminish, or disappear. We’re demanding cheap and even used books, but they’re asking us to demand shiny new books instead. Weird.
Here are my demands: beautiful typography, healthy margins, excellent notes (in the classics), and fine binding. Sexy graphic design is nice, but it’s only cover deep. And I don’t care if a book is new or used, really, but I’d rather browse and buy even used books in person than on the web.
{peregrine says: Grover, in a way you’re totally right. But as the recent mortgage whatever shows, one of the problems with globalized capitalism is that when one part of the system fails, a lot of other people who aren’t responsible for the mess get blamed, and when we need to “punish” someone (in this case by withholding our dollars) we’re not just hurting the people at the helm. So yeah, the publishers are in it for the money, and are making demands on OUR demands. But if we want to give them enough room to find a new system, one that works for us AND the authors, I think it helps to keep them in business. Call it R&D money, if you like.}
January 8, 2009 at 1:14 pm
groooover
Well said.
August 22, 2009 at 2:03 pm
The nature of relics « Perpetually Peregrine
[...] to buy a book. It’s part of my Buy a Book, Save the World thing, which you can read about here, and even though I still think it’s a good idea to buy at least a few of the hundreds of [...]
September 16, 2009 at 7:56 pm
Hammond’s Folly « Perpetually Peregrine
[...] the top ten squarest publications ever) has some more depressing but probably true stuff about the book publishing industry: “Some 150,000 books are published in the United States every year. Let’s — once [...]