Overproduction: Fueled by conglomerate investment, publishers released more than 60,000 new titles in 1995, at least 10,000 more than in 1985. This growing number of titles leaves publishing houses with less time and attention to edit and market books. Some houses--big and small--have trimmed their lists, consulting closely with the chains to determine what is commercial, and have seen their profits and sales rise.
Midlist Crisis: Some charge that the conglomerates are starting to ignore the "midlist" book, serious nonfiction and literary fiction that sells fewer than 30,000 copies, preferring to gamble on potentially lucrative blockbusters. Imprints that concentrate on midlist books--like The Free Press, Basic Books, and Pantheon--have been downsized, sold, or repositioned by their conglomerate fathers in recent years.
Some publishers say that the proliferation of midlist books, not blockbusters, have injured the bottom line. Incoming Random House editor Ann Godoff argues against this notion: She plans to publish more literature and fewer celebrity memoirs, because the big-market books ultimately earn lower returns.
TODAY IN SLATE
The Most Terrifying Thing About Ebola
The disease threatens humanity by preying on humanity.
I Bought the Huge iPhone. I’m Already Thinking of Returning It.
Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.
Students Aren’t Going to College Football Games as Much Anymore
And schools are getting worried.
Global Marches Demand Action on Climate Change
- Protesters Take to the Streets to Sound Alarm on Climate Change in New York, Across the World
- Knife-Carrying White House Jumper is Vet who Feared “Atmosphere Was Collapsing”
- North Korea: American Sentenced to Hard Labor Wanted to Become “Second Snowden”
- Almost One in Four Americans Support Idea of Splitting From the Union
Blacks Don’t Have a Corporal Punishment Problem
Americans do. But when blacks exhibit the same behaviors as others, it becomes part of a greater black pathology.