Last week, I had an author ask me the earliest his publisher could have his book out. I told him January 2016. Even if he turned it in this week. “And, they wonder why big publishers are dying,” he said. He wondered aloud if he should crowdfund a shorter idea and self-publish a ninety-nine cent ebook between now and then. The funny thing is that he’d referred a friend to me just a few weeks ago who wanted an agent. That friend had gone exactly the route he was now proposing, and had found the indie pub experience to be much less amazing than he’d been led to believe.
I’ve written before that big publishers aren’t dying, but many of my authors wonder if they aren’t at least scared by the number of alternative routes to getting a book published. If you spend a lot of time on Reddit’s subreddit for writers, you’ll get the feeling that authors are all revolutionaries and that, because of them, the NYC publishers must know their weak foundations are crumbling.
That’s not, however, how the people I know think of the situation at all. I’ve never heard a single person in publishing, young or old, express fear over the rise of self-publishing.
That’s why the most interesting thing I’ve read in the past two weeks was this article in the Guardian by Suzanne McGee, called “You can try to be the next Hemingway– for $6,000.” (Full disclosure: I have spoken with Suzanne in the past about her writing, but not about this piece.) It’s an account of what you’ll have to pay to self-publish well, and it’s a useful resource for writers.
What’s even more interesting to me, however, is how much more than this a traditional publisher spends to make a book happen. NYC publishers spend ten times that, which demonstrates that you get what you pay for: the difference in the final product is a big part of why many employees at the big publishers don’t consider self-publishing a threat at all.