“In a world where reality has become stranger than fiction, actual books are no longer selling.” At The New Republic, Morgan Jerkins talks with agents, authors, booksellers, editors, and publicists about whether the Trump presidency is bad for the book business. And on that note, let’s revisit our own Bill Morris on book releases: “There are few iron facts in the crapshoot of the literary life, but here’s one: In book publishing — no less than in music, war, and sex — timing is everything.”
Smithsonian takes a look at Byliner and The Atavist and what the success and innovation of these two companies can tell us about the hopeful state of longform narrative journalism. Fast Company’s Co.Design ran an image heavy interview with The Atavist’s developer, Jefferson Rabb. I’d add Long Reads to the list too.
“Bertelsmann’s 7% decline in 2016 revenue was due entirely to a drop in sales at Penguin Random House. The lack of a big new bestseller hurt results at the company, and it divested some smaller divisions in the year.” For those interested in inside baseball, Publishers Weekly takes a look at how the world’s 50 largest publishers are faring. (TL;dr: Although their total revenue topped $50 billion, more than half of the list’s publishers reported sales declines – oh, and Harry Potter still really, really sells). As a counterpoint to all that capitalism, read our own Edan Lepucki‘s survey of self-published authors.