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The Steve Laube Agency

The Steve Laube Agency

Helping to Change the World Word by Word

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Home » Book Business » Page 17

Book Business

Some Industry News – August 2016

By Steve Laubeon August 22, 2016
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Isn’t it a fact of life that when you go on vacation or try to slow down in summer or during the holidays that something is going to happen? Or do your family cars like to get flat tires or let their batteries die while in your driveway? Such was last week. (We had a car battery decide that it needed a permanent vacation while in the driveway the morning I was trying to go to work.)

In the industry we had a couple pieces of news that may not have crossed your desk.

Howard Books

The first was a shakeup in the staff at Howard Books, a division of Simon & Schuster. They reduced their staff and shifted responsibilities around. Production and Art director positions have shifted from the Nashville office to New York. The main marketing responsibilities have been added to the plate of their VP of publicity (now VP of publicity and marketing) at the Atria imprint. They also dropped their VP and Editor-in-Chief, Ami McConnell and shifted those responsibilities among three in-house senior editors. I’m sorry to see Ami leave as she has been a long time friend in the industry. She is quite talented so hopefully will land elsewhere.

It’s always hard to make decisions like that, especially when it affects people. But market realities and the need to increase margins and sales in a corporate environment make for tough decisions (especially in publicly held corporations).  The important thing is to not attribute changes like this to “the collapse of CBA” or “the demise of print books” or “the Amazon Effect” or “Jupiter has aligned with Neptune.” The economics of publishing is a constant ebb and flow. One publisher can have a great year and the next be in the tank (see what happened to the revenue at Scholastic in the post-Harry Potter days or at Little Brown post-Twilight). I am guessing that Howard Books had ramped up to handle the extraordinary success of the “Duck Dynasty” books. It is hard to sustain that kind of windfall, even when sales outside a specific franchise are just fine.

I’ve exchanged notes with Jonathan Merkh, the VP and Publisher at Howard Books, and the future of the division is secure and the sale and acquisitions of key books will continue unimpeded.

The Christy Awards

The other news was that ECPA (The Evangelical Christian Publishers Association) has taken both ownership and management of the prestigious Christy Awards. This is the premier award for Christian fiction in the industry.

For seventeen years it had been under its own management. By moving it under ECPA’s oversight it ensures the long term viability of the award.

Earlier this month ECPA made some changes to their own Christian Book Award program and had dropped the fiction category. Now the Christy Awards will slide into that spot and give it additional visibility.

I’ve been asked if this is a good thing. I responded with a resounding, “Yes!” I’m very excited to see the awards continue unabated for the foreseeable future.

The full press release can be found by clicking here.

Rumor Control

Six years ago I wrote a blog about rumors and the need to verify before spreading what you hear. In the ensuing half-decade-plus social media, via Facebook, Twitter, Instagram, loops, and groups have made it very easy to play versions of the “Telephone Game.”

One of those happened last week due to a typo. By the time it came to me I was sent a message that read “The CEO of B&H was fired yesterday.” I was shocked that Lifeway would terminate such an important person in their B&H Publishing Group. So I went to my friendly neighborhood contact inside Lifeway and ask that she verify or correct the rumor.

It wasn’t the CEO of the B&H (Broadman & Holman) Publishing Group…it was the CEO of B&N (Barnes & Noble), the bookstore chain. (News about B&N’s move.)

A typo, B&N versus B&H, made a huge difference. Gratefully the rumor stopped very quickly and was corrected.

Next thing you know I’ll be hearing that the U.S. was disqualified in a relay race in the Olympics again or that a monkey in diapers attacked a Walmart employee.

Oh wait…

 

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Category: Book Business, News You Can UseTag: Publishing News

Confusing Hindsight with Wisdom

By Dan Balowon August 2, 2016
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Book publishing is filled with people having substantial experience and who know a lot about how things work in the publishing world.  Authors, publisher staff, retailers and agents have a bevy of information and make informed decisions every day. But book publishing is a humility-building pursuit because a good amount of this great wisdom is nothing more than 20/20 hindsight. “I knew it wouldn’t …

Read moreConfusing Hindsight with Wisdom
Category: Agents, Book Business, Career, Marketing, The Publishing LifeTag: Book Business, Hindsight, The Publishing Life

One of These Days I am Going to Write a Book about Procrastination

By Dan Balowon July 26, 2016
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But not today, I’ve got too many things going on. Maybe tomorrow or the next day, but not today. One of the more insidious aspects of living in a world where constant change is the norm, is most change does not occur so quickly we need to change anything or do anything right now. Tomorrow we’ll decide. One of these days I’ll do something, but not today. I’ve got too much going on today. Tomorrow …

Read moreOne of These Days I am Going to Write a Book about Procrastination
Category: Book Business, CareerTag: Career, procrastination

Steve Laube Buys The Christian Writers Market Guide from Jerry Jenkins

By Steve Laubeon July 25, 2016
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(Phoenix, AZ) The owner and president of the Steve Laube Agency has announced his purchase of the rights to The Christian Writer’s Market Guide from bestselling author Jerry Jenkins. Laube will become Publisher of the 2017 edition. The Guide has been used as a resource in the inspirational market for over 30 years. It was created by writer Sally Stuart, who published it until 2012 when Jenkins …

Read moreSteve Laube Buys The Christian Writers Market Guide from Jerry Jenkins
Category: Book Business, Christian Writers Institute, News You Can UseTag: Book Business, Christian Writers Institute, Publishing News

ICRS Observations 2016

By Steve Laubeon July 11, 2016
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On the last week of June Dan Balow and I attended the 2016 International Christian Retail Show (ICRS) in Cincinnati. It was my 35th consecutive year attending…which only means I’m old… By now you may have heard some reports regarding the low attendance, which are true. There were only 2,114 registered attendees, nearly a 30% drop from last year. Fortunately the convention hall …

Read moreICRS Observations 2016
Category: Book Business, Conventions, ICRSTag: Book Business, Bookselling, ICRS, International Christian Retail Show Observations, Trends

Printing ≠ Publishing or Publishing > Printing

By Dan Balowon July 5, 2016
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Getting publishing’ definitions wrong can cause a complete disconnect in a conversation. “How many books are you going to publish?” “Maybe about 50 per year.” “Huh? That’s all? Don’t some publishers do thousands at a time?” Or “How many books are you going to print this year?” “About a million” “Wow, how many people do you have working there?” When a book is manufactured, it’s called printing. …

Read morePrinting ≠ Publishing or Publishing > Printing
Category: Book Business, The Publishing Life

The Best Selling Christian Books of all Time

By Dan Balowon June 28, 2016
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I realize attempting to compile a list like this could ruffle some feathers from both publishing and literature purists, not to mention the theological issues raised in the process of determining a “Christian” book. But I thought I would take a stab at it anyway. The list of the best-selling Christian books of all time almost demands every single title carry some sort of disclaimer, but that …

Read moreThe Best Selling Christian Books of all Time
Category: Book Business, Publishing History, TrendsTag: Bestsellers, Book Business, Trends

What’s Your Third Book?

By Dan Balowon June 21, 2016
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At some point, whenever I speak with an un-published author I will ask the question, “What is your third book?” The purpose of the question is to elicit a response to get an idea if the author is interested in being a professional author or simply publishing a book. Those are different goals entirely. Agents mostly represent professional authors, not books. Agents are “in this” for the long term …

Read moreWhat’s Your Third Book?
Category: Book Business, Book Proposals, Branding, Career, Get Published, PlatformTag: Career, Get Published

Confusing Industry News in Bookselling

By Steve Laubeon June 20, 2016
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Last week the Hastings, a chain of 126 retail stores, declared bankruptcy. Approximately half of their sales are from books (the other half are movies, music, games, etc). They claim “a decline in the market for physical media properties like music, movies, books, games and media rentals.” They had losses of $16 million on sales of $400 million. Among their largest unsecured creditors …

Read moreConfusing Industry News in Bookselling
Category: Book Business, Economics, TrendsTag: Book Business, Book Sales, Trends

Dear World, We Have What You Want

By Dan Balowon June 14, 2016
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Dear World, Those of us involved in Christian publishing can’t help but notice you are hurting. While our work is to write and publish books, one or more times each week we gather to worship and pray to the Creator God, considering ways we can ease your pain. I hope you know we care. There are dozens of new books with Christian themes coming out every week. They contain information and inspiration …

Read moreDear World, We Have What You Want
Category: Art, Book Business, Career, Christian, Theology, TrendsTag: Christian, readers, Theology
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