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Loudlever Overview

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Overview of problem with current submission management services and how Loudlever solves them.

Overview of problem with current submission management services and how Loudlever solves them.

Published in Investor Relations
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Transcript

  • 1. Loudlever
  • 2. Richard Luck Founder: Loudlever Publisher: Pif Magazine
  • 3. Pif Magazine : 1995 - 2010
    • Published 700+ writers:
      • 300 never before published
      • 300 emerging writers
      • 100 established writers
        • PEN Award
        • Rea Award
        • Pushcart Prize
        • Guggenheim Fellowship
        • and … a US Poet Laureate
  • 4. challenges
  • 5. new press = no press no name recognition no track record receive lots of poor submissions high school sweetheart love poems … in iambic pentameter … finding good writers is expensive (Poets & Writers, Writer’s Digest, etc.)
  • 6. established press = big mess
    • 40% : poor, poor quality
          • even more high school love poetry
    • 25% : wrong genre
          • not fan fiction, fantasy or enviro- essays
    • 15% : work being considered elsewhere
          • publishers don’t like bidding wars
    • 10% : writers don’t own rights
          • ‘ exclusive’ means just that
    • 5% : bad timing
          • like it – but not right for current issue
  • 7. 5% are published
  • 8. with 300 subs a month staff of 5 spends 4 weeks to find 60 works 30 can’t verify rights 15 are shelved 15 are published
  • 9. publishing is inefficient
  • 10. take the haystack to find the needle month after month after month
  • 11. industry is fragmented
  • 12. email = submission tool shotgun submissions
  • 13. no external rules filters length? genre? reading period? simultaneous submission?
  • 14. no central ‘rights’ database does the writer own it? can a publisher monetize it?
  • 15. what about the writer?
  • 16. which publisher? read each publication befriend the editor use a directory
  • 17. submission? was it received? when will they respond? is it right for them? what now?
  • 18. is there a different way?
  • 19. publishers like the ‘known’
  • 20. Gordon Lish = Amy Hempel
  • 21. Pif Magazine = storySouth + Missouri Review + January Magazine
  • 22. Loudlever help writers and publishers find each other faster and manage relationships better
  • 23. for publishers enforce specific genres and lengths where writer has rights to work prevent simultaneous submissions only during reading periods help publishers manage what they own discover new writers outside submission stream
  • 24. for writers discover new publishing markets send work to right publisher, at right address, at right time auto-manage rejections/acceptances help writers know what they own
  • 25. Loudlever Creativity. Accelerated.