On Writing, Social Media, Technology
18 September 2009
I live in “Music City,” aka Nashville. For many of my friends who work in music it’s also known as Ground Zero. Over the past few years they’ve had a front row seat to the greatest distribution shift of our time. It was a little thing called the mp3. Thanks to the advent of digital files, and the industry’s unwillingness to deal with change, my friends have watched record label after record label disappear, iconic empires crumble, and the entire landscape of the music business leveled and reshaped. We now live in a world that they couldn’t even conceive of twenty years ago.
When I talk with my friends, usually after they’ve told me about how so-so label went under yesterday after 40 years, they look at me and say, “I hope you publishing guys learn from our mistakes because, well, you’re next. So good luck with that.”
I think they’re right. Mostly. The publishing industry is next in line because a distribution shift is coming to our business, too. We’ve been talking about it since the Sony e-reader and Amazon Kindle hit the market. Our mp3 just has a different name: ebooks. The difference this time is the industry, I believe, is trying to innovate and stay ahead of the wave. But will it be enough? Will the majority of publishers go the way of the record labels? Will tomorrow’s authors even need publishers? (Note: a great read on that question is a recent post by literary agent Nathan Bransford.).
Here’s what I think, for what it’s worth, and what you should be doing now as an author if you want to thrive in the coming shift: [READ MORE] Continue Reading