Anyway, we are returning to our regularly scheduled program because I do have air-conditioning and, therefore, I am slightly less of a malcontent at this moment. Even though it is--checking the weather app on my phone--94 degrees at 6:45 pm.
What do we have today? Well, it was announced that some big
mucky muck who runs Waterstone in the U.K. has bought Barnes and Noble. He has
big plans to revamp it and bring it back to being, gasp, a bookstore. His
formula of catering to the local markets has worked wonders with Waterstone,
and he plans to implement the same strategy with Barnes and Noble in the U.S.
I’m so happy for this news. Unfortunately, you need a
behemoth to fight a behemoth. It has been no secret that B&N has been
hanging on by its fingernails for years. It probably got a bit of a bump when
Borders went under (my chain of choice), but it hasn’t been able to sustain a
working model that challenges Amazon. And at this point, it’s the ONLY entity
that can challenge Amazon and their monopoly over publishing.
Sadly, the reality is that if this is not a go, and B&N
does go under, authors might as well hang up their cletes. What will be
available for sale will be limited to what sells big: Oprah picks, self-help
books, and the odd mystery. Serial killer books seem to be selling well, so
those will be published. You will have NO depth in the market because
publishers need to sell books to survive. If the market shrinks by the demise of
B&N, then the bookselling market will look a lot like what you can find in
airports. The big sellers. Not the quirky, wonderful books that are increasingly
hard to find.
Of course, always go to your independent bookstore and buy a
few books. But I ask that you also purchase the odd book from B&N. In my
opinion, they are the only game in town that can challenge Amazon and their
ownership of the entire market. Amazon are already publishers. They own the self-publishing market. And they do it well. Full disclosure: I self-published a book through them and it was a seamless and professional process. They know what they are doing. That is part of the problem. Traditionally, publishing has been somewhat hidebound and resistant to change, and Amazon took advantage of this clutching of pearls and a smugness devotion to an outdated model, waltzed right in, and took over.
Amazon is now
opening brick and mortar stores (where you don’t need employees because you can
self check out books like a head of lettuce). If B&N goes under, you will see
all the major publishers take a huge financial hit and few will survive. Irony
doesn’t quite cover my championing of an entity that ten years ago I deplored
because of their deep discounts and how that affected the indie bookseller. All
of that was true at the time, but we need to pick our battles.
Widgets will rule.
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