Thursday, June 9, 2016

Where Is The Money?

Yesterday the big news in New Zealand, the finalists of the new combined NZ Children’s and Young Adult Books And NZ Librarian and Information Services Children’s Book Awards were announced. This combines the Elsie Locke Medal for Non Fiction and the Russel Clarke Award for Illustration with the annual National Book Awards. It is a big deal. Along with the standard categories there is a children’s voting component sponsored by a Pizza Chain. Voting is now open for those schools selected as judging schools. The finalists have a nice mix of established practitioners and newbies. And I notice that we are continuing the 20% mark of finalists being Indie or Boutique published books.

This week the latest Author Earnings snap shot was being digested. And it has some interesting information. Around 50% of all publishing sales in the US are on Amazon. The Author Earnings team are looking across all publishing formats now. There is a significant difference in earning capacities if you debuted traditionally or Indie in the last three years. Porter Anderson looks at some of the stand out claims and compares them with Joanna Penn’s publishing disclosure.

While you are digesting that have a look at Jane Friedman’s article on the myth of the print revival. Yes, children’s authors have been saying for years that it’s only the Young Adult franchises propping up print publishing... With no big YA blockbuster what’s holding up print at the moment...

With Amazon striding like a behemoth across the publishing landscape what are its competitors doing? If you are watching Apple then this news for publishers may be what you have been waiting for. Just remember writers you are content creators. You choose what medium your content will be delivered in. This makes more sense if you publish Serials on Apps or by subscription or Picture Book Apps etc etc. Apple may be quietly game changing your future here.

While you are thinking about content creation spare a thought for podcasting and audio books. Podcasting is another sort of content creation and this article looks at where it might be going and who might be poised to make an awful lot of money.... If you have been flirting with the idea of audio books, Jane Friedman has an interesting interview with a rising competitor for ACX.

In The Craft Section,

Character development –credibility- Michael Hauge (who is at NZRWA this year)

Turn your setting into an obstacle course- Angela and Becca -Bookmark

In The Marketing Section,

Website of the Week
Taking a trawl around Katie Weiland’s website is always a rewarding experience. Whether it is a great blog post like this one -How to write faster and why you shouldn’t to her fantastic video writing craft tips to finding out she has written helpful workbooks to go with her Craft Books on Structure and Outlining. Check it out!

To Finish,
Molly Greene hosted an Estate attorney on her blog. This blog post looks at estate planning basics for the Self Published writer. However Traditionally published writers should be eyeballing this as well. There is lots of information to think about. (As an aside NZ has free ISBN numbers – which works like a US Copyright office- you should use them.)

Slipping under the wire is a standout post on Non Compete clauses from Kris Rusch. This is a must read! (Yes these clauses appear in NZ. Especially from foreign owned publishing companies.) 

Being aware might just save you money. 

(P.S. The Write Stuff Story Bundle has only one week left to run. You can get to it from Kris 
 Rusch's site. I've filled up my kindle with writing craft books... and saved money!)


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