This past weekend I was a panelist at the Writer’s Digest conference in a session that focused on new developments in indie or self-publishing. Panelists included Dan Dillon from Lulu and Amanda Barbara from Pubslush, which is a crowd funding platform for authors. Moderator was Phil Sexton from Writer’s Digest.
As usual, there was some lively dialogue and great questions from the audience and I always find the Writer’s Digest conference to be one of the best in the country. Being on the panel prompted me to think about what might be some of the next big things we will see in Indie or self-publishing.
Self-published graphic novels will grow substantially
This past spring, we announced a partnership with Golden Apple comics to launch self publishing packages specifically tailored for graphic novel creators. About the same time, Amazon also announced a move into that space. Both are signs that graphic novel creators are going to be the next big group of content creators to take advantage of indie publishing.
Hollywood will produce a movie based on a self-published novel.
50 Shades of Grey will be in theaters shortly and while it started as a self-published novel, its meteoric success came once a traditional publisher, Random House, picked it up. I believe it won’t be long before you will see a film on the big screen that is developed from a self-published book. In fact, recently we announced another book that was optioned by Hollywood. Link to the release is here. Stay tuned.
Subscriptions will not be as big a deal as the current bluster would lead you to believe.
If you pay attention to publishing news, subscription services are getting quite a bit of coverage. However, it is interesting to me that none of the news is around how many readers have signed up for the services. I think that is because consuming a book is a very different experience than consuming a song or a television show or movie. Pandora and Netflix do not require a significant commitment of time and much of what you get from their subscription services is disposable. A book is different. In the time it takes you to read a book, you could listen to one hundred songs or watch multiple movies. You can justify the value of a subscription because of the volume. I don’t think people will see the same value with books because they cannot consume them at the same rate.
I could be wrong and time will tell, but it will be interesting to watch.
Subscription services may lead to the resurgence of the serial.
While I don’t think book subscription services will get the traction of music and video services, I do think the format may fuel a resurgence of people writing serials and introducing a new chapter or what I call a micro-book each month. It has happened yet to any measure, but I think it will and may be one of the ancillary benefits of the new subscription services.
What do you think? Do you see any other big developments that I have missed? Use the comment section to let me know.