Thursday, 16 October 2008

As if the financial state of the world wasn't depressing enough as it is...

http://bookendslitagency.blogspot.com/2008/10/books-and-economy.html

Marvellous, a great time for a debut author like me to be looking for a publisher.

*sigh*

13 comments:

Tam said...

I must admit, this has been weighing on my mind, too. The only consolation for me is that everyone wants kids and teens to keep reading so in some ways it's better to be a children's author right now but there's not a lot in it.
*Double sigh*

KayJay said...

Listen, I'm holding on to what Rowan said over on novelracers - in times of recession, people read more! I'm holding on to that fact so tightly my knuckles are white!

(Ok, so they might be reading more Marion Keyes rather than trying out new stuff, but we have to keep positive, goddamnit!)

KAREN said...

It does make rather depressing reading, but like the others I'm hoping people need their escapism more than ever now!

Pat Posner said...

I think publishers will keep publishing - and, possibly, reprinting OOP books - of big name authors, alive and dead.

Mid-list authors are likely to suffer.

But I also think publishers will still be publishing new authors (probably with smaller advances)and maybe they'll be looking for shorter books to save a bit on printing costs.
The wordcounts wanted in two of three age groups at the(children's) publisher I subbed to last week are quite a lot less than usual. Still hazarding guesses re children's books: picture books are sure to be harder than ever to sell.

All we can do is keep writing our very 'bestest' and not lose hope!

Leigh Russell said...

I see I'm going to have to start treating the news with the same variable contempt I mete out to horoscopes; if they're good, I believe them, if bad, I dismiss them as nonsense. If only we could do the same with reality - while still retaining some hold on our sanity, I hasten to add! But then, I do write fiction so my sanity is perhaps questionable, given the current climate.

That said, I'm a totally new author who only started writing a couple of years ago. I have a 3 book deal signed with a publisher who contacted me two weeks after receiving my MS, and I don't have an agent. So take heart, fellow scribblers, writers can still get through, with a bit of luck. Check out my blog if you want the blood and guts of it.

Kate Lord Brown said...

Don't lose heart Calistro! Good work will win through, and people will always need books.

Yvonne said...

I refuse to read those reports! I'm sure like me, you write because you love to, publishing is secondary...I'm proud that I'm a writer and I wouldn't give it up for all the money in the world. I can truly say that I am following my dream, and how many people have that opportunity?

Debs said...

There's been so much dreadful news recently that I'm not going to worry about it any more.

I'm going to carry on as I have been as I believe that people need more escapism especially during these depressing financial cycles.

You'll be fine, Calistro, don't worry.

Kate said...

Times are tough, yes, but you've already passed the first hurdle in that someone thinks they can make money from your work! It's in everyone's interests to make that happen - and in a way I think new authors have the advantage that jaded publishers can get excited about potential: already published authors have hard sales figures and that isn't always great news!

The world is always looking for great stories. Honest!

Paige said...

There's an Award for you on my blog.

Congratulations!

Gonna be a writer said...

The good news just keeps on coming. Don't worry Cal there's a lot of us in the same boat and some of us are bound to make it. Or one of us ...maybe.

Lily Sheehan said...

Soz - bit late must be all the depressing news keeping me offline! there is an award for you on my blog too (same one but its a good one!)

Fionnuala said...

Confirmation of what I've suspected would be the case. Well at least it doesn't mean I'm crap! My novel is being turned down because of the economy! See, every cloud has a silver lining! Fx