Introduction to Mass Media Instructor: Shujun (Penny) Jiang Email: shujun.jiang@uaeu.ac.ae)
Books The Joy of Books “you will never feel lonely when you read…”
Time Frame 1620-Today 1620 Imported books arrive in the colonies on the Mayflower 1640 American’s first book, The Bay Psalm Book, is printed at Cambridge, Mass. 1731 The first library in US 1776 Thomas Paine publish the revolutionary pamphlet Common Sense 1891 International Copyright Law 1900 Compulsory elementary education 1926 Book-of –the month Club is founded 1939 Introduction of Pocket Books, paperback
Time Frame 1620-Today 1960 publishing houses began to consolidate 1970s the growth of retail bookstore chains 1980s production of audio books 1990s Amazon.com began as Internet retailer 2000 launch of ebooks 2004 Google Book Project 2007 Amazon introduces Kindle e-reader 2010 Apple introduces ipad
Book Publishing Industry Publishers have always been torn between the goal of preserving intellectual ideas and the need to make money. Publisher nurture ideas and try to make money
Four characters of book publishing in America today The industry sells its products --- like any commodity --- in a market that is fickle and often uncertain. The industry is decentralized among a number of sectors whose operations bear little resemblance to each other
Four characters of book publishing in America today A mixture of modern mass media production methods and craft-like procedures characterizes these operations bookbinding 4. The industry struggles between requirements and restraints of commerce and the responsibilities and obligations as a guardian of the culture
How American Book Publishing Grow Early publishers widened their audience by publishing political pamphlets, novels, poetry and humor. The International Copyright Law of 1891 expanded royalty protection to foreign writers, which also benefit American authors Royalty: payment to the holder of copyright for the right to use their property;
How American Book Publishing Grow The creation of publishing house in 19th and early 20th centuries centralized the process of producing books. 1900, The adoption of compulsory education throughout the United Sates was important for book publishing as school buy textbooks, and education create more people who can read
Cheaper Books Create a Mass Market Beginning in the 1920s, publishers dropped prices and introduced book clubs and paperbacks Early book clubs, such as Book-of-Month, expanded the market for books and widened the audience The introduction of paperbacks sold as 25 cents
Grove Press Tests Censorship Book publisher resist attempts by government to limit freedom of expression Grove Press challenged book censorship by publishing Lady Chatterley’s Lover (by D. H. Lawrence) in 1959 and Tropic of Cancer in 1961. Both books had been banned in the United States as obscene Autobiography of Malcolm X in 1965 was another challenge to censorship. The book became a best seller.
Investors Buy Up Publishing Companies Before 1960s, the book publishing industry was composed mainly of independent companies whose only business was books Publishing company consolidation began in the 1960s, and this pattern of consolidation continues today
Book Publishing at Work Successful publishers consistently anticipate both competitors and the market: books must be written, be printed, be promoted, and be sold The process of publishing a book usually takes at least 18 months from the time an author is signed until the book is published
Approximately 60% of English-language books are produced through “big five” publishing houses: Penguin Random House, Hachette, HarperCollins, Simon & Schuster and Macmillan. Publishing company in the UAE: Motivate
Authors and Agents: Where Books Begin Publishers acquire books in many ways. Some authors submit unsolicited manuscripts. Many publishers refuse to read those and accept only books that agent submit Publishers pay authors a royalty for their works (6-15% of the cover price), some pay advance Advance is an amount the publisher pays the author before the book is published Agents who represent authors collect fees from the authors (10-15% or royalty)
How Books Get Published Beside author , departments at publishing house: Acquisitions: author, company, audience, subsidiary rights (the rights to make a movie, use the image of a character on T-shirt) Media design Production Manufacturing Marketing Fulfillment 20, 000 publishers in US, 2,000 produce more than 4 titles a year. Most publishing houses are small, 80% with fewer than 20 employees. Textbooks account for about 1/3 of book publishing income
5 Major Markets in Book Industry adult and juvenile trade books (a book intended for general readership); textbooks; book clubs and university press books; mass market paperbacks; audio books and e-books. Audio books in MP3 allow download and purchase on the internet and listen to books on computers and MP3 player E-books offer digital copies of thousands of titles instantly
Corporations Demand Higher Profits Publishers are especially interested in books with subsidiary and international-rights potential. To reduce their risks, many publisher look for blockbuster books (and best-selling authors) that they can sell through large-scale promotion campaigns
The case of Harry Potter As of June 2011, the book series has sold about 450 million copies worldwide , the best-selling book series in history It has been translated into 67 languages. and the last four books set records as the fastest-selling books in history. This success has made Rowling the first and only billionaire author. The books also given rise to the popular film adaptations produced by Warner Bros. The films have spawned eight video games and have led to the licensing of more than 400 additional Harry Potter products . The Harry Potter brand has been estimated to be worth as much as $15 billion.
The case of Harry Potter Rowling completed Harry Potter and the Philosopher's Stone in 1995 The manuscript was sent off to several prospective agents. The second agent, Christopher Little, offered to represent her and sent the manuscript to Bloomsbury, UK. After eight other publishers had rejected, Bloomsbury offered Rowling a £2,500 advance for its publication. The publishers initially targeted children aged nine to Rowling was asked by her publishers to adopt a more gender-neutral pen name J. K. Rowling in order to appeal to the male members of this age group,
Chain Bookstores and Internet Retailers Compete Chain bookstores e.g. Barn & Nobles, Borders, and Internet retailer, such as Amazon, are big factors in book marketing. Chain bookstores and Internet retailers buy in huge volume from publishers at a big discount Internet retailing has expanded the market but introduce competitive pricing
Bankruptcy of Borders
Bookstores in UAE Borders The Bookshop (on Khalifa Street, close to the Diwan roundabout ) BookPlus (Al Jimi Mall, Al Ain, Abu Dhabi Mall) Jashanmal (on Khalifa Street) Abu Dhabi, Dubai Magrudy’s (at Bawadi Mall ) Abu Dhabi, Dubai The Book Corner - (Abu Dhabi, Dubai, Sharjah) Book World by Kinokuniya – at Dubai Mall United Bookstore
Small Presses Seek Specialized Audiences Small presses are alternative Many exist outside the New York City orbit Specialization and targeted marketing are important elements of small press success.
New Technologies Affect Production and Consumption Computer monitor inventories more closely Publishers now receive and process manuscripts electronically via internet Publishing process like copyediting, photo research are contracted to freelancers who work at home and overseas Electronic graphics make books more interesting to look at, and many book publishers use Websites to promote books and enhance content A link of the book
New Technologies Affect Production and Consumption Large publishers are continuing to consolidate, the number of small publishers is decreasing Publishers are exploring digital delivery In 2008, Google Book Project contracted with libraries to scan the contents and make it available on line, paid $125 million for copyright infringement claim, the copyright issue unsolved
Book Publishing Today is a Competitive, Complex Business On August 2, 2010, Amazon announce for the previous 3 months, it sold more ebooks than hardcover printed books---143 kindle books for every 100 hardcover books Book publishing has been part of the culture for so long, the contrast btw its simple beginning and its complicated future is startling.
Book Publishing Today is a Competitive, Complex Business Amazon Executive Russ Grandinetti said: “the real competition is not btw hardcover books and the e-book” “TV, movies, Web browsing, video games are all competing for people’s valuable time. And if the book doesn’t compete we think that over time the industry will suffer”