And now for the news!
Some highlights from this month in the world of self-publishing, wrapping up what’s new for you and yours in January 2018.
- Barnes & Noble Announces Barnes & Noble Press
We’ll start off today with the announcement of a new kid on the block; every month it seems as though the self-publishing industry adds another heavyweight to the list of available options, and January was no different as America’s last big brick-and-mortar bookstore chain launched a self-publishing platform. This move, announced in a sweep of press releases, is seen by many in the industry as an attempt for the chain, which has suffered slow attrition in sales and the rapid exit of its e-reader (the Nook) in recent years, to rival the incredible popularity of Amazon’s Createspace and KDP services. What many may forget is that B&N already had a self-publishing platform, only it was tied to the Nook. The “new” Barnes & Noble Press is an update of that existing platform, untethered from its Nook associations. For more details, check out the press release.
- What Amazon’s Mysterious 50% Royalty ‘Error’ Says About Self-Publishing
Speaking of Amazon, more big news this month as Forbes took on the controversy surrounding the distribution giant’s ongoing treatment of self-publishing authors, which hasn’t always been easy to parse. This article by contributor Adam Rowe tackles what exactly happened during a brief interlude when many self-publishing authors found a 50% royalty option displayed on their author dashboard, an option which was both unselectable and surprising (the company typically provides 35% and 70% options, contingent upon book price). Writes Rowe, authors “and other industry watchdogs are now speculating that an upcoming change may offer the 70% only to KDP-exclusive authors while giving authors who chose to also sell their ebooks in other markets the 50% rate for non-exclusive ebooks.” Not everyone has adopted that angle, but many, it would seem, are braced for bad news. Rowe concludes his article with a brief but interesting paragraph framing the current debate within equally current statistics; you can read the full article on the Forbes website.
- The Post and the future of journalism
Here’s an interesting piece from Jeff vonKaenel of the Sacramento News Review, on the nature of journalistic freedom by way of a review of the new Spielberg film, The Post. Sound a bit out of our wheelhouse? We thought so too, until we stumbled across the later paragraphs, all of which unspool why traditional print journalism has struggled to find a funding model that will continue to work in the age of Google Adwords and … you guessed it! … self-publishing. Yes, this editorial is somewhat of a rallying cry for well-vetted information in news media. Yes, it was written by someone with a fairly large stake in the newspaper’s success. And yes, it gives an unsubtle push for more people to invest in print journalism (specifically the News Review). It’s not, for lack of a better term, a self-disinterested piece. But it is thought provoking. Self-publishing has contributed to change not just within the world of books, but also the world of news. The world of magazines. The world of music. The world of comics. The world of gaming. The old models simply don’t work anymore. So what’s next, vonKaenel encourages us to ask? I think that’s up to us, the ones who have figured out another viable way.
As a self-publishing author, you may find it helpful to stay up-to-date on the trends and news related to the self-publishing industry.This will help you make informed decisions before, during and after the self-publishing process, which will lead to a greater self-publishing experience. To help you stay current on self-publishing topics, simply visit our blog every Monday to find out the hottest news. If you have other big news to share, please comment below.
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