Monday News: Oyster debuts really positive author terms; Kobo declares some books don’t belong in its distribution stream; a tiny fraction of music is producing the majority of profit
“For those few titles that remain unavailable, some feel that we chose a path of censorship. All I can say is that if your dream is to publish “barely legal” erotica or exploitative rape fantasies, distribution is probably going to be a struggle for you. We aren’t saying you can’t write them. But we don’t feel compelled to sell them. And yes, many titles live in a grey zone with far more shades than the fifty that sold so well in the past year, but that is what makes this all so challenging and so interesting. Many of our readers have no problem with an erotic title in their library next to their romance, literary fiction, investing or high-energy physics books. And we are here for the readers, so erotica stays, a small but interesting part of a multi-million-title catalogue, in all of its grey-shaded glory. My thanks go out to Mark Lefebvre and the whole Kobo Writing Life team and to all of our authors who have been so supportive and understanding in the past two weeks. We will continue to work on reviewing processes and author education about what we can take and what we can’t. It will never be perfect, but our belief continues to be that if we focus on readers and growing our business around them, we will get it right much more often than not.
Chief Content Officer
@mtamblyn” Kobo Cafe
“rather than spreading resources evenly across product lines (which might seem to be the most effective approach when no one knows for sure which products will catch on) and vigorously trying to save costs in an effort to increase profits, betting heavily on likely blockbusters and spending considerably less on the “also rans” is the surest way to lasting success in show business.”
Simon & Schuster is buying into this philosophy as it spends millions of dollars on self published authors who’ve made a splash often with only one book as it chases after the next 50 Shades. Despite taking a lot of risks on self published authors it is likely only the early ones have panned out for S&S. Business Insider