I think it’s quite safe to say that I’ve been out of the blogging-sphere for a while. While I’ve finally landed a full-time, salaried job (hurrah!!), admittedly not in publishing, I have definitely drifted away from the publishing world, and have since realised that it’s time to get firmly back into it again…
One of the most intriguing articles I’ve come across is that The Bookseller‘s The FutureBook will be hosting a ‘Hackathon‘ next month in which many of the industry’s major players: Pan Macmillan, HarperCollins, Simon & Schuster, Penguin Random House and Faber & Faber, all of which are founders of the event, shall be attending. The initiative behind it comes from Simon Trewin (William Morris Endeavor). It is thought that such events have occurred in many different sectors in the past in which companies and businesses can come together and brainstorm solutions to issues concerning the industry. It is said that nothing like this has been taken on by the publishing industry in the past.
According to The Bookseller‘s article, Trewin has stated that introducing new people and ideas to the industry will create a fresh perspective for the sector. He feels that the industry needs to take greater risks in order to continue to develop. If we are to look back to The Bookseller‘s FutureBook conference last November, Jamie Byng, Director at Canongate, stated that fewer books needed to be published each year, but a greater focus needed to be placed on those published. He affirmed that by doing this it would mean that “greater care” would be put into those published.
If I were to think about it from my personal perspective: a Graduate who studied a Masters in Publishing, a self-confessed lover of books and reading, and as a young twenty-something looking to break into the industry; I feel that publishers may be right to reduce the number of books they publish. Certainly, it may be worth a trial. My only reasoning for this, is that with how fast the industry is currently moving, and how fast industries surrounding it (ie. technology and IT) are moving, surely it may be worth taking a little breather and focusing on change and development, one piece at a time? I know what you’re thinking… Bad idea, you’ll get left behind?
While I totally admit, I am no expert in the field – I mean, I don’t even currently work in the sector – I can only comment as an observer and as someone who intensively studied the industry for twelve months, publishers should take the risk to get it right. What I’ve learnt over the past two years of undertaking internships and completing the MA, is that the industry is continuously playing catch-up. Although, from what I have seen, they’re doing a great job! And if I look at this from a consumer’s point of view, I myself, have trouble keeping up with what’s out there. I mean, it took me a couple of years after Kindles were produced, to actually purchase one! (And giving in to one was tough enough). But I think I certainly realised that I needed to be open-minded, particularly when wanting to pursue a career in the field.
Stephen Page, the CEO of Faber, stated in last November’s FB conference, that the transition to digital was “comfortable”, however “more innovation was needed”. Michael Bhaskar, digital publishing director of Profile Books, reaffirmed this by saying “publishers had to define themselves better […] It is about filtering and amplifying content to add value. If you’re doing that you’re a publisher”. I must agree with this, publishers do need to define themselves better. What’s more is that they need to brand themselves more and become more recognised.
I remember attending the London Book Fair in 2013 and thinking about how exciting and intriguing it would be to tailor the Fair to consumers, the people who, at the end of the day bought the books and products in which they [the publishers] were trying to sell amongst themselves. I felt that if consumers knew more about the industry and publishers branded themselves more, surely this would encourage even more people to buy books and integrate with the sector?
Obviously, I am no expert, but the whole idea of the FutureBook Hack and the focus on taking the industry forward is certainly an interesting and exciting one, and it definitely gives me food for thought. I’ll be keeping tabs on this one!
William Morris Endeavor (WME) with support from the Centre for Publishing at the Department of Information Studies, University College London, Blackwell’s and Midas PR. The initiative for the hackathon came from WME’s Simon Trewin