Publishers Weekly fires 4, including editor-in-chief Sara Nelson

Publishers Weekly (PW), once acclaimed as „the Bible“ on US publishing, fires 4 members of its staff, including editor-in-chief Sara Nelson.

PW is owned by Reed Business Information, the professional magazine division of Reed Elsevier which was for sale throughout most of 2008 and, finding obviously no buyer, was subject to restructuring plans even before the current financial downturn had hit.

Sara Nelson, formerly a highly acclaimed reporter for the early days media start up insight.com, had been hired by PW in 2005 to renew the magazine. She made her reputation at PW quickly as an outspoken  voice on the industry and thereby helped to sharpen the profile of the old lady that PW has been for a long time.

The magazine’s move obviously triggers many questions on the publication’s strategy ahead.

It’s the Crisis, stupid! But what does this really mean?

Tracking news about how the crisis affects publishing over the past two months produces some strange findings. Almost instantly, starting as of  November 2008, we saw predictions about how the crisis would hit the industry. Then in December – and now again, with the year’s end reporting – we are told that notably in the US, UK and France, XMas 08 was pretty dark in various segments of the book trade. In Germany, it was not so bleak, but all of the rest of 2008 was not terrific in the first place.

Between these notes, we also heard quickly reports about imminent job cuts (notably in the US, with Simon &  Schuster, Macmillan), restructuring measures and (at Houghton Mifflin) an instant freeze in the acquisition of new titles.

But frankly, these are all pretty dumb, unspecific measures and reactions. What does this mean for a publishing company to stop buying new titles? (And Houghton had build its Himalaya of debt well before the crisis was on the horizon!)

But most amazing is how little we hear about the deeper – structural – trouble in the industry.  Only in France, in Livres Hebdo and in Le Monde, I found some pieces addressing the huge rise of advances over the past years, or more detailed observations about distribution and consolidation.

I didn’t find any well informed reflections about the overproduction (the flood of titles); or the internationalization of the trade, of trends and of author brands; or the probably new dynamics (and competition) between imprints of large conglomerates and independents with regard to the crisis.

Most of all, I would expect that this crisis will trigger digital change, because if you can dramatically reduce the cost of production, storage, distribution and also marketing by doing it all in an integrated digital environment, it is not all too difficult to predict that at least some actors – from within the industry, or some new entrants – will go down that path.

Well, I will do my best in the weeks and months to track information and thoughts along those lines and discuss it on this site.

Ever more eBook projects in the US, France and Germany

News come in regularly about just another project aiming at exploring possibilities and perspectives of books on digital platforms.

At the Paris Salon du Livre, the French Minister for Culture and Communication, Christine Albanel, said that „we must stop only endure the digital revolution“, but instead look out courageously for the potential. „The book“, she continued, „is one oft the very last domains where we still can anticipate (what is going to happen) and give it meaning and exact rules“.

Well, even if this reflects a genuinely French belief in rules and control, the statement points to one strong fact: The current wave of experiments and initiatives is probably driven by exactly the fact that many companies – and even public institutions – have grasped that closing the eyes with a strong belief that ever stricter policing of enhanced copyright legislation will not make those digital ghost disappear.

Anyhow, at the Paris Salon, amidst a huge controversy around an Arab call for boycot due to Israels presence as the guest of honour, digital readers and related stories were the „stars of the show„.

Right after the Salon, the „Gallica 2“ book digitisation project is supposed to go live, with 60.000 digitised works at the National Library, and 2.000 more new titles from some 50 French publishers – who received some subsidies for their move, according to The Bookseller. (Link – with subscription required)

Also, the French encyclopedia Larousse promised to have its largest edition put online soon (here is a demo), and a new epaper reader called Bookeen was unveiled.

At the Germany Leipziger Buchmesse, Ronald Schild, the head of the German digitization project Libreka, announced e-commerce tools for booksellers and publishers,  allowing them to integrate an eBook shop on their websites, granting readers for instance access to a book for a limited period of time.

 A forum debate with various members of the book and publishing community had it that  „the book will remain, even without paper.“

But when Torsten Casimir, editor in chief of Boersenblatt, the German Publishers‘ and Booksellers‘ Association magazine, asked writer Michael Kumpfmueller about „user generated content“, the writer was sure that „writing fan fiction on things like Harry Potter will be over soon“. Well, well. A colleague of a nerdy Berlin group of online journalists and writers, Sascha Lobo of Zentrale Intelligenz Agentur, dryly replied: „This is what I call fatal arrogance.“

I admit I felt more enlightened by a piece in Shelf Awareness on „Digital Change: A College Survey Course„, with Mark Nelson explaining at CAMEX in San Antonio, Texas, that „digital change could come as quickly as the iPod became a staple of college students: in four years, iPod adoption by college freshman went from 0% to 85%.“

Nelson also reminded professional book people how readers, especially at learning institutions, „want lower prices. They don’t want to buy a whole book if the professor doesn’t want them to read it all. And they want shareable content that they can interact with.“ He cautioned, „If we don’t find a solution to these questions, someone else will.“ Nelson also pointed to several University projects that are worth exploring:

CourseSmart, an experiment launched by 6 major text publishers, Amazon is begining to sell textbooks over the Kindle and starts partnering with publishers, Ingram offers a growing inventory of content, CafeScribe is an affiliate program, and these are not the last examples of all that is going on out there – we will keep you posted.

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