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J200: Journalism and Mass Communications - Week V The Book Publishing Industry
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2 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 18 th Century 1755: Regular mail ship runs between England and the colonies. 1770: The eraser. 1780: Steel pen points begin to replace quill feathers. 1785: Stagecoaches carry the mail between towns in U.S.
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3 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 18 th Century 1790: In England, the hydraulic press is invented. 1792: Mechanical semaphore signaler built in France. 1794: Signaling system connects Paris and Lille. 1792: Postal Act gives mail regularity throughout U.S.
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4 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 The Book Publishing Industry Some terms to know Segments of the industry Trade associations New approaches to the book biz Industry economics Book production process
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5 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Some – SOME – important “book”terms acquisitions editor: recruits and signs new authors and titles for the company’s list of books advance on royalties: money which the publisher anticipates earning on royalties of the book best-selling book: a title which has sold >75,000 hardcover copies, or >100,000 paperback copies blockbuster book: a title which has sold more than 100,000 hardcover copies book clubs: individuals can join in order to select books from the club’s catalogue, and then purchase them through the mail or via the club’s web site, often for a discounted price
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6 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 An overview of the book industry Basic distinctions in the book publishing industry Educational books K-12 Higher education University presses - Sometimes crossover titles Professional books Consumer Books
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7 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 The Association of American Publishers (AAP) Divides the consumer book market… Trade books Mass market paperbacks and trade paperbacks Religious books Book club books Mail order books University press books Subscription reference books
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8 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Major trade association American Booksellers Association http://www.bookweb.org/ http://www.bookweb.org/ Association of American Publishers http://www.publishers.org/industry/2000.cfm http://www.publishers.org/industry/2000.cfm Book industry statsstats
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9 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Industry economics Financing book publishing Is about finding, preparing, marketing, distributing, and exhibiting books in ways that will get particular audiences to notice and buy them Borrowing capital Sales “on consignment” Returns permitted
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10 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Production in book publishing industry “The production of books involves finding them and preparing them for the marketplace” Production at a trade press Royalties Bestseller sales status Blockbuster sales status Production at a university press Different pressures mean different approaches Book production in the electronic age E-books
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11 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Ethical pitfalls in book publishing Plagiarism “Borrowing” story and/or plot ideas THE CELEBRATED 'ROOTS' OF A LIE http://www.martinlutherking.org/roots. html http://www.martinlutherking.org/roots. html “Historian Ambrose sorry for copying phrases” http://www.olemiss.edu/mwp/news/20 02/2002_01_06_ambrose.html http://www.olemiss.edu/mwp/news/20 02/2002_01_06_ambrose.html
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12 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Reducing the risks of failure during the production process Conducting prepublication research Hiring authors with positive track records Offering potential authors advances on royalties
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13 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Distribution in the book industry Getting the right number of books to the right customers The role of wholesalers in the distribution process Assessing a title’s popularity The size of the book’s print run The content of reviews about the book in the media The scope of the book’s marketing plan
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14 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Exhibition in the book industry Exhibition varies widely by the type of book being sold Exhibition in textbook publishing El-hi textbook adoptions vs. college textbook adoptions The strategy of new editions Exhibition via bookstores Large chain bookstores vs. small independent bookstores Exhibition via computers and the web (Vistica)Vistica Each year, more book-buyers doing web buys for books, CDs to DVDs to e-books. Maybe.Maybe
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15 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003 Digital “books” Alexandria Digital Library http://www.alexandria.ucsb.edu Project Gutenberg http://www.gutenberg.net/ http://www.gutenberg.net/ “Other” publishing strategies http://www.lulu.com/ http://www.lulu.com/
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16 J200 - Week © J.T.Johnson 2002 ______________________________Fall 2003
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