Today Traditional publishers (TPs) are actively seeking self-published authors who come with their own following and fan base — a complete 180 degree turnaround from just a few months ago (or is it a few years ago now?)
But, due to freedom-from-hassle and time-saving publishing platforms on scene today, many writers are actually turning down the TP publishers after they DO proffer a contract deal — Too much loss of newly acquired control I would say :)
Could it be the big publishing houses are now beginning to lose some of their established contract writers due to diminishing operating budgets? And, if these last vestiges of revenue-generating talent do leave — what the hell would the TPs do ? They better develop a constant stream of incoming new talent — but, if the new talent is beginning to flip them the finger for past abusive policies (not to mention their new, tech-endowed power), the talent stream will dry up and the TPs will just fade away.
They had their chance.
Mercy Pilkington, a contributor to the Good E-Reader blog, posted these insightful thoughts on this subject:
The Self vs Traditional Publishing Debate Continues
While authors and industry experts on both sides of the table have almost come to a consensus that there are benefits to both self-publishing and traditional publishing, it almost feels as though some more hardcore fans of either side still won’t lay to rest their original sentiments about the other camp. Publisher’s Weekly took note of a recent promotion by Amazon of a traditional-turned-indie author, what some in the industry are now referring to as a hybrid author, and the tone of the original announcement by Amazon is almost inflammatory.
Amazon posted the publishing journey of author Vincent Zandri, who admittedly had a rocky start in what was almost an illustrious traditionally published career. After being promised a $250,000 advance, a number so high compared to some advances now that it’s almost laughable, his novel never went where he thought it would because of cost-cutting in the traditional publishing industry, especially within the major publishing houses. His book was published with little fanfare, and the sequel was never even released in hardcover.
Amazon’s post went on to explain how the Kindle Direct Publishing option became a lifesaver for Zandri, who met up with a smaller publisher who bought the rights to both of his books and republished them via Kindle. And while this story has a happy ending for Zandri and his writing career, it ultimately feels like more of the finger-pointing that once kept self-publishing and digital-only published authors away from the cool kids table in publishing.
Now that the traditional publishing industry is beginning to embrace self-published authors, seeing them as a talent pool of writers who come complete with their own firmly established followings and fan bases, it almost feels like the self-published authors want nothing to do with the industry they once couldn’t join. While acknowledging that a high number of hybrid authors are still hoping to be “discovered” and picked up by a traditional publisher a la Amanda Hocking or Tina Reber, it’s beginning to look as though the self-published authors are collectively telling the industry that once wouldn’t let them in: “You had your chance.”