Deep in the dank, dark, steamy recesses of the internet, somewhere between stories about the latest celebrity antics and pictures of cute kittens, is the stuff that matters – the stuff we call news.
News started out as an acronym for Not Especially Well Scrutinized, and we hold fast to that proud tradition here at Indies Unlimited, bringing you the very finest news we could scrounge up on short notice.
Remember, there may be a test later, so here is some stuff you might want to know:
A lot of people are excited at the news that Writer’s Digest and Author Solutions have parted ways. Though what happens behind the corporate veil stays behind the corporate veil, I am less sanguine than some that this means Writer’s Digest suddenly saw the light. The reputation of Author Solutions was there to see (for anyone who cared to look) long before this unholy union took place. That did not deter WD or Random Penguin from partnership with them.
Random Penguin Solutions may have other problems, though. Big Ink, whose motto is We’re not dead yet, posted pretty flat book sales figures with declines in a number of key areas. Looks like textbooks are propping up the crumbling walls of the ink empire. What’s going to happen when the academic world goes digital?
In the meantime, the standoff between Amazon and Hachette continues, with Hachette continuing to argue from the morally superior position that Amazon should just pay them whatever Hachette says and never mind the profit margins. Here is a play in five parts that nicely sums up the conflict between Amazon and Big Ink publishing. You don’t want to miss that one.
Other people suspect Bezos is the villain in the whole affair, going so far as to speculate Amazon is going to chop the 70% royalty rate it currently pays. Even if that were true, the 35% royalty rate is still twice what most trad publishers pay. Whether Amazon pulls the trigger on that idea or not, supporting dinosaur publishers hardly seems the correct play.
That’s it for this edition of NewsBites. Join us next time, when we answer the question: Are the penguins really as random as they seem, or is there a pattern?
12 thoughts on “NewsBites: The Turmoil Continues”
I can’t ever see all textbooks going digital. I prefer Roget’s The Synonym Finder in its glorious print edition. Ditto with The Chicago Manual of Style and a few other favorites. Am I a dinosaur?
They already are going digital, Kathy. It’s still a small and highly localized movement, but it will happen.
If you are using the Chicago for anything other than newspaper writing, you are indeed a dinosaur. But actually, references books are more aided by digital than novels or whatever. The ability to search and link is very powerful in such books.
Thanks for the morning laugh. I think the big question is, since all penguins look alike, if they are random, how can we tell?
I suppose we could check for birthmarks, but I’m not peeking under any tail-feathers. 😉
That play is so bad – but so funny and true at the same time.
I particularly liked how Publishing SCREAMED EVERYTHING, which is a pretty accurate depiction.
I do love that play. 🙂
“Publishing: YEAH YOU ARE MY BOO.” Hilarious.
I’m not cool enough to know what that means, but I still love it. 😉
If you ask me, that five-act play won the intarwebz this week. 😀
Thanks for the roundup, EM.
Thanks to Laurie Boris for bringing it to our attention. Our eyes are EVERYWHERE! 😉
Comments are closed.