Books




Chapter 7
A brief history
• Early books were inscribed by had, very
  detailed, like works of art
• The invention of moveable metal type
  (Gutenberg)
• Printed books appeared in England in 1476
• Colonial America: Early publishers were also
  authors (Benjamin Franklin). Most book
  content was religious and political
A brief history
• Penny Press era: changes in printing technology
  and increased literacy helped the publishing
  industry
• Book prices declined, public education and the
  penny press papers created a demand for reading
  materials
• The Paperback Boom: “Dime novels” accounted
  for one-third of all books published (Many
  bestselling paperbacks were actually pirated
  editions of best-sellers in England, and a new
  copyright law was enacted)
A brief history
• The Early 20th Century: the commercialization
  of publishing, became more businesslike,
  advent of literary agents, introduced modern
  promotion and distribution techniques to the
  industry
• Postwar: Paperbacks were popular again,
  reading as a leisure activity, large corporations
  acquired publishing houses and merging
  operations
The contemporary book industry
• Amazon changed the way people buy books
• A jump in the number of outlets that sell
  books (Wal-Mart, Starbucks)
• Bookstores are also suffering due to the
  recent economic downturn
• E-books gaining in popularity
Books in the digital age
• E-book: digital books. As e-readers become more
  popular, so do e-books. Major producers of e-
  readers include Sony, Amazon, B&N, Apple
• Books are the last stronghold of the print
  industry. The majority of customers still purchase
  a print product versus a purely digital form
• Printing on Demand: the books is printed after it
  is sold. This cuts down on production and
  distribution costs
Books in the digital age
• Mobile books: describes viewing on a device
  other than a dedicated e-reader. Example:
  reading a book on an iPhone or Blackberry
• User-generated content: Blogs that put out
  print books (“I Can Has Cheezburger?”)
• Social Media: utilized to promote books and
  authors
Defining Features of Books
• The least “mass” of the mass media
• Can have a huge cultural impact
• The oldest and most enduring of the mass
  media
Organization of the book industry
• Publishers: those who transform manuscripts
  into books. Annually, 100,000 – 150,000 books
  are published. Highly segmented industry.
  (See list on pg. 138)
• Distributors: Three main ways books get to
  people: distributed to wholesalers who then
  sell to retail outlets, direct from the seller
  (Amazon), publisher to consumer (e-book
  downloads)
Organization of the book industry
Retailers: Amazon.com is the biggest bookseller
  in the US (then B&N, then
  Borders/Waldenbooks [as of 2011, not
  anymore!])
Other retail channels: college bookstores, book
  clubs
Producing the book
There are four major departments in a typical
  publishing company: editorial, production,
  marketing and general
  administration/business
Editorial primarily deals with authors, selects
  manuscripts, prepares them for publication.
Production oversees the physical design of the
  book
Producing the book
Marketing department supervises sales,
  promotions and publicity
Business manager is responsible for accounting,
  preparing budgets and making long-range
  financial forecasts. Also deals with the day-to-
  day operational needs of the company
The publication process
• Editors get their books in three ways: through
  submissions by agents, unsolicited books sent by
  authors, book ideas generated by the editor
• Unsolicited manuscripts are called “slush.”
• The author typically submits a proposal
  consisting of a cover letter, brief description of
  the planned books, list of reasons it should be
  published, analysis of the potential market,
  outline or table of contents, one or two sample
  chapters
The economics of book publishing
• At the consumer level, books have become more
  expensive
• Publishers have two main sources of income:
  books sales, money from subsidiary rights
• Subsidiary rights: sales to book clubs, foreign
  rights, paperback rights and reprint permissions
• Costs of publishing include: cost of
  manufacturing the book, operating expenses,
  author advances
Feedback in book publishing
• Best-seller lists (New York Times, USA Today,
  Publisher’s Weekly)
• Neilsen BookScan: measures sales data from
  about 6,500 major retailers in the US (including
  big retailers and independent stores)
• Audiences: about 119 million Americans reported
  having read a book in the past year, biggest
  increase in audience is in the 18-24 year olds
  (reversing a recent trend)

Chapter 7: Books

  • 1.
  • 2.
    A brief history •Early books were inscribed by had, very detailed, like works of art • The invention of moveable metal type (Gutenberg) • Printed books appeared in England in 1476 • Colonial America: Early publishers were also authors (Benjamin Franklin). Most book content was religious and political
  • 3.
    A brief history •Penny Press era: changes in printing technology and increased literacy helped the publishing industry • Book prices declined, public education and the penny press papers created a demand for reading materials • The Paperback Boom: “Dime novels” accounted for one-third of all books published (Many bestselling paperbacks were actually pirated editions of best-sellers in England, and a new copyright law was enacted)
  • 4.
    A brief history •The Early 20th Century: the commercialization of publishing, became more businesslike, advent of literary agents, introduced modern promotion and distribution techniques to the industry • Postwar: Paperbacks were popular again, reading as a leisure activity, large corporations acquired publishing houses and merging operations
  • 5.
    The contemporary bookindustry • Amazon changed the way people buy books • A jump in the number of outlets that sell books (Wal-Mart, Starbucks) • Bookstores are also suffering due to the recent economic downturn • E-books gaining in popularity
  • 6.
    Books in thedigital age • E-book: digital books. As e-readers become more popular, so do e-books. Major producers of e- readers include Sony, Amazon, B&N, Apple • Books are the last stronghold of the print industry. The majority of customers still purchase a print product versus a purely digital form • Printing on Demand: the books is printed after it is sold. This cuts down on production and distribution costs
  • 7.
    Books in thedigital age • Mobile books: describes viewing on a device other than a dedicated e-reader. Example: reading a book on an iPhone or Blackberry • User-generated content: Blogs that put out print books (“I Can Has Cheezburger?”) • Social Media: utilized to promote books and authors
  • 8.
    Defining Features ofBooks • The least “mass” of the mass media • Can have a huge cultural impact • The oldest and most enduring of the mass media
  • 9.
    Organization of thebook industry • Publishers: those who transform manuscripts into books. Annually, 100,000 – 150,000 books are published. Highly segmented industry. (See list on pg. 138) • Distributors: Three main ways books get to people: distributed to wholesalers who then sell to retail outlets, direct from the seller (Amazon), publisher to consumer (e-book downloads)
  • 10.
    Organization of thebook industry Retailers: Amazon.com is the biggest bookseller in the US (then B&N, then Borders/Waldenbooks [as of 2011, not anymore!]) Other retail channels: college bookstores, book clubs
  • 11.
    Producing the book Thereare four major departments in a typical publishing company: editorial, production, marketing and general administration/business Editorial primarily deals with authors, selects manuscripts, prepares them for publication. Production oversees the physical design of the book
  • 12.
    Producing the book Marketingdepartment supervises sales, promotions and publicity Business manager is responsible for accounting, preparing budgets and making long-range financial forecasts. Also deals with the day-to- day operational needs of the company
  • 13.
    The publication process •Editors get their books in three ways: through submissions by agents, unsolicited books sent by authors, book ideas generated by the editor • Unsolicited manuscripts are called “slush.” • The author typically submits a proposal consisting of a cover letter, brief description of the planned books, list of reasons it should be published, analysis of the potential market, outline or table of contents, one or two sample chapters
  • 14.
    The economics ofbook publishing • At the consumer level, books have become more expensive • Publishers have two main sources of income: books sales, money from subsidiary rights • Subsidiary rights: sales to book clubs, foreign rights, paperback rights and reprint permissions • Costs of publishing include: cost of manufacturing the book, operating expenses, author advances
  • 15.
    Feedback in bookpublishing • Best-seller lists (New York Times, USA Today, Publisher’s Weekly) • Neilsen BookScan: measures sales data from about 6,500 major retailers in the US (including big retailers and independent stores) • Audiences: about 119 million Americans reported having read a book in the past year, biggest increase in audience is in the 18-24 year olds (reversing a recent trend)