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Today the appointment of receivers heralded real troubles for Australia’s online book retailer Booktopia not that long after the company opened its $12 million customer fulfilment centre in Lidcombe earlier this year. The news comes after the company reached its 18th year of trading under founder Tony Nash.
Red flags have been circulating the industry for many months with one Green Hill confidant remarking ‘every time I try to contact people at Booktopia there’s been more staff cuts’.
Booktopia has now officially entered voluntary administration after failing to find additional capital to keep trading. The receivers will restructure the company hopefully returning it to viability.
Green Hill Director David Walters said ‘the difficulties with Booktopia won’t be greeted with too much remorse from Aussie “brick and mortar” book retailers. They’ll appreciate less direct competition for share of the wallets of Australia’s book buyers.
‘but this might ultimately leave Australian self-publishers with few options for distribution.
‘I’m keen to learn how Booktopia’s BPS might be be affected by ongoing money issues.’
He said ‘suddenly the need for new and emerging platforms like Author Freely have become a lot more pressing’.
Link: More information on Booktopia receivership
Link: ASX announcement
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In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.
Supporting Australian authors is an interesting topic of discussion. While there are a range of opinions on just where authors in Australia are at, the data does not lie. The 2022 National Survey of Australian Book Authors (November 2022 – Australia Council for the Arts, Copyright Agency and Macquarie University) shows why many authors are abandoning the traditional publishing model and why self-publishing is on the up.
The Introduction to 2022 National Survey of Australian Book Authors identifies the Australian book industry as one of the:
most important among our cultural industries both in the contribution it makes to the economy and its role as an essential element in Australia’s cultural life.
The report’s Conclusion states:
the benefits Australian book authors provide are not reflected in the marketplace, and as an instance of market failure they justify the support of government policy to ensure they will continue to be generated.
The conclusion might be simply put: “the taxpayer should pay for books to be published and support Australian authors”. The survey’s assertion of ‘market failure’ is presumably based on data describing the very low earnings of authors. This data reveals the average author earns just $4,100, the average poet just $600 in royalty payments per annum. This conclusion can be challenged on several grounds but which I won’t be going into any depth on that right now, rather segue to my humble thoughts below.
To me, the survey affirms that the traditional publishing industry model is well and truly broken. And that doesn’t mean that ‘government policy’, presumably fiscal policy is the answer. Are people old enough to remember the painful dismantling of the Federal Government’s tariff and subsidy regime for the Australian automotive industry in the 1980s and 1990s and the sector’s eventual total collapse in the 2000s and 2010s?
Books and cars are a long way apart, but the principle is the same. Government policy and financial payments seldom reach the people most in need (the authors) and seldom effect needed change. Rather money goes to propping up industry players – the traditional publishing companies many of whom are doing quite well financially – rather than supporting Australian authors directly. And government support is often a bandage, doing little to fix the underlying structural issues.
While the publishing industry in Australia has long been in gradual decline (or at best flat-lining), self-publishing has now established itself as a viable option for many authors. True self-publishing is self-funded publishing.
Is self-publishing the solution? Quite possibly. But one thing I know is that right now, structural change is ongoing and gathering pace! Bricks-and-mortar bookshops are disappearing, some online booksellers are feeling the pinch and AI is threatening the viability content creators. The good news is there is a new publishing model rising – its the continued democratisation of publishing. And that’s a good thing.
David Walters | Director, Green Hill
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In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.
Editing is one of the most important things when it comes to publishing your book. You need to be confident in the work that is being put out into the world, and the work needs to be polished and final before being released. But what is involved in editing a book? There can be some myths and uncertainties around the process, so if you’re unsure about what to expect, this article is for you!
Editing is the procedure of revising and/or correcting written content (like your manuscript) to improve the quality, accuracy, and readability of the text. This can include grammar and punctuation, structure of the content, and fact-checking.
Editing a book can take place at various stages in the publishing process, including before submission to a publisher or after the manuscript has been accepted. However, editing needs to be completed before any final amendments have been made to files and before printing is organised.
When we talk about editing a book, the common assumption that people make is to jump directly to fixing typos, grammar, and punctuation. But there is a lot more to editing than that. There are actually three distinct types of book editing and an editor can specialise in one or more of these areas.
Structural editing focuses on the overall structure and organisation of the manuscript. It’s an in-depth form of editing as it involves looking at the bigger picture of the story and making recommendations on how to improve the overall flow, pacing, and coherence of the story.
A structural editor will examine whole manuscript and address things like:
Based on the observations that the editor has made, suggestions such as cutting out unnecessary scenes and dialogue, moving parts of the story around, and adding new scenes, will be made.
Copyediting focuses on the technical aspects of a manuscript such as grammar, punctuation, spelling, and consistency. The editor’s goal of copyediting is to ensure that the manuscript is error free and easy for a reader to follow.
A copyeditor will:
Copyediting is completed after the manuscript has been developed and structured, and before it has been typeset and printed by the publisher. It helps to ensure that the manuscript is polished before it gets into the hands of readers. The editor will work with the author to make sure the manuscript is clear, concise, and error free.
Proofreading is typically the final stage of the editing process and focuses on catching any errors that may remain and polishing up the manuscript ready to be published. The goal of proofreading is the ensure the manuscript is as error free as possible and that it presents well for readers.
During the proofreading process, the editor will:
In proofreading, the editor will review the manuscript one final time, looking for any minor errors that may have slipped through into the final manuscript. Proofreading should be done on the final manuscript, which is the version intending to be printed and published.
Good editing is the process of improving the overall quality and accuracy of a manuscript to ensure it is clear, cohesive, and engaging for the intended audience. It’s a collaborative process between the editor and author, where the editor provides feedback and suggestions to help the author make the manuscript as good as it can be.
Good editing can be categorised by the following aspects:
It’s always a good idea to self-edit your book before sending it to an editor. This way, the editor can focus their efforts on the details and issues that you’ve missed instead of trying to help you essentially rewrite your first draft.
Self-editing can be a challenging process, but it can also be rewarding, too. Below are some tips we’ve put together to help you with the editing process and to ensure you have self edited your book effectively:
The best time to edit your book depends on a variety of factors, such as your writing process and personal preferences.
However, there are a few guidelines which can help you decide on when to begin the editing process.
Ultimately, the best time to start editing your manuscript is when you feel that you are ready. This will vary depending on each writer, but it is important to make sure you take the time to revise and edit your manuscript so it’s the best it can be. It is also important to make sure you are giving your publisher the final manuscript before any design or typesetting takes place.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
In just a quick 8,000 words, this little book will equip you with the knowledge you need to successfully publish your book.
The Little Book of Big Publishing tips goes into the essentials of self-publishing a book, outlining the business and financial side of publishing, legal issues, design, editing, sales and marketing. There's even a section on how to identify a vanity-publishing scam.