An extract:
Within book
publishing, consolidation means fewer decision-makers and fewer
personalities. It means a mandate from the top to acquire only the most
commercial works. Editors in New York are taught to look for a certain
kind of book, and this leads to myopic thinking about what’s good, and
even what’s publishable. Due to the desire for celebrity connections,
big book publishing is also fueling a type of publishing that’s
bottom-line driven, sacrificing the passion projects and special
projects that editors used to be able to take risks on. Exclusively
bottom-line driven publishing has created lowest common denominator
publishing, where publishers are undervaluing (or just not seeing as
viable) what’s quirky, unique, and fringe in favor of appealing to the
masses. And I don’t think I need to go into a sidebar here about the
general taste and sophistication level of the American masses.
If you are an
aspiring author, every acquisition and merger of this type is another
door being shut along your publishing journey. The barriers were already
high, and with every consolidation, that barrier gets a little higher.
Readers are impacted too, because we have more substanceless books than
ever before, and more celebrity authors with ghostwriters telling us
what to wear, how to throw a party, how to apply make-up, how to have
good sex, what to eat, how to succeed. We collude, of course, because we
buy into it. We are creating an upper echelon of authorship that’s
based on brand and celebrity and packaging. And these choices
reverberate across our media and our culture. The consolidation of big
publishing is no different than mom-and-pop shops going out of business
because they can’t compete with the Walmarts and the Targets of the
world. So pay attention, because we’re bearing witness to the further
dilution of a withering traditional landscape, the consequences of which
are currently reshaping everything we think we know about book
publishing (and by extension authorship and readership).
All true. Full
article here.