The major publishers continue to consolidate

Self Publishing

If you are wondering why it is now so hard to be picked up by a major publishing house, you just have to look at what is happening in the book industry.

Here is an article from one of our partner companies.

“The year (2014) was highlighted by HarperCollins’s $455 million acquisition of Harlequin, which was completed on August 1. While that acquisition was being finalised, a second major deal that had been in the works fell apart for HarperCollins.

The maturation of the digital book market led two companies to make multiple deals in 2014: Open Road acquired two of its e-book publishing competitors in the first half of the year, and Vook bought two digital-content companies to add to its distribution and marketing platform.

A newcomer to book publishing, Start Publishing, a division of Start Media, made two purchases in the year and signed a distribution deal. The company’s focus is on building its presence in the e-book market, and that was the driver behind its agreement with Mason Crest to distribute Mason’s e-books to the trade market. Start also purchased e-book publisher Whiskey Creek Press.

Its second purchase of the year, Cleis Press and its Viva Editions and Tempted Romance units was its largest to date and involved the purchase of print assets as well as Cleis’s e-book offerings. Start now has a backlist of more than 5,000 titles, and company president Jarred Weisfeld said that the company “has no plans to stop acquiring.”

Although this is not great for the author who has planned on being picked up by a large publish house, it is absolutely fantastic for the self-publishing author. It means that there will be less big companies putting books out as they consolidate, giving the self-publishing author a better chance of being seen.

This of course depends on what the author does as far as promotion goes. If they get their book out to as many places as they can, and use social media correctly then they have a real chance of success.

With our authors they can use our partner companies, one of which has 230310 eBook selling platforms around the world. We also have others with thousands of sales outlets and we are adding new ones every year.

For the Self-publishing author it is get yourself and your book out to as many places as possible, or simply perish.