RT Daily Blog

Publishing's Top-Earning Authors Of 2011

BY RT BOOK REVIEWS, AUGUST 10, 2012 | PERMALINK

Forbes.com has just posted the 15 top earning authors for 2011. Here is the list:

James Patterson: $94 million

Stephen King: $39 million

Janet Evanovich: $33 million

John Grisham: $26 million

Jeff Kinney, $25 million

Bill O'Reilly: $24 million

Nora Roberts: $23 million

Danielle Steel: $23 million

Suzanne Collins: $20 million

Dean Koontz: $19 million

JK Rowling: $17 million

George RR Martin: $15 million

Stephenie Meyer: $14 million

Ken Follett: $14 million

Rick Riordan: $13 million

The usual suspects top this year’s list of best-paid authors. Holding onto the number one spot is James Patterson who earned a cool $94 million (over double the amount of the next top earner). Patterson’s success stems from the incredibly large contracts that he commands as well as the amazing number of works the author publishes — 14 books in 2011.

Next on the list, raking in an amazing $39 million, is the ever-present and prolific Stephen King. Janet Evanovich, author of the best-selling Stephanie Plum series, which just hit the big screen in 2012, isn’t too far behind at $33 million.


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Tags: Publishing Industry News
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Alloy Entertainment To Publish YA E-books

BY Elissa Petruzzi, AUGUST 09, 2012 | PERMALINK

Fire up your e-readers, YA fans, because some e-only titles are coming your way from publishing juggernaut Alloy. 

Alloy — think, oh, Gossip Girl, Vampire Diaries, Pretty Little Liars — is capitalizing on the growing popularity of e-books by starting an e-only initiative. “With more people turning to e-books to get their summer reading fix this season, we’re excited to offer these two perfect escapes to satisfy readers,” says Alloy Entertainment Brand Manager Kristin Marang of the titles, It’s the End of the World as We Know It by Iva-Marie Palmer, and The Art of Disappearing by Elena Perez. 

“A fan of Alloy’s TV and film content, I thought my story about a teen with emerging psychic powers would connect with their audience,” says Perez of the title, which tells the tale of a high school girl whose dream predicts the death of a classmate. The End of the World As We Know It, meanwhile, is billed as “The Breakfast Club meets War of the Worlds.”


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Tags: Publishing Industry News, Young Adult
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A Look At The Mid-Year Top Selling Books: From YA To Erotica

BY RT BOOK REVIEWS, AUGUST 02, 2012 | PERMALINK

Although it’s a bit jarring to see these two genres neck-to-neck on top book lists, there’s no denying that erotica and Young Adult are the genres making waves across the publishing industry. Hot on the heels of the Hunger Games movie buzz, we watched the Fifty Shades phenomenon explode.

But what do these two vastly different series have in common? Both capture the imagination of fans with their dynamic lead characters, gripping action and fresh concepts. We’re especially pleased to these genre fiction series have been making so many headlines in mainstream news, leading the way for others to tread the path to success. And a glance at the year so far in terms of bestseller lists shows that many new tales in both these greats are following in the Hunger/Shades footsteps, steadily building to the top of the list.


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Tags: Publishing Industry News
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Project Gutenberg Launches Self-Publishing Library

BY RT BOOK REVIEWS, JULY 23, 2012 | PERMALINK

Project Gutenberg is an online resource library of all the works in the public domain. It was founded by Michael Hart in 1971 in an attempt to coordinate a worldwide effort to create digital versions of the world’s classic literature. Until this point, Project Gutenberg has been focused on researching the copyright information of classic works, as well as creating e-book versions of the work and making them available to the public. However, Project Gutenberg has just announced that it has created a new facet to its website, the Authors Community Cloud Library. Authors can now upload — and distribute — their self-published works. 


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Tags: Publishing Industry News, E-Book
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Book News From Around The World

BY RT BOOK REVIEWS, JULY 20, 2012 | PERMALINK

From Australia to Brazil, we’ve uncovered exciting book news from around the world. While e-books are bursting through global barriers in India and Japan, the written word is being put to the test in Brazil’s overcrowded prisons. Read on to see what exciting booklover news is making headlines across the globe ...

Australia

Current import barriers in this country limits access to newly published books, but a new arrangement will help bring Australia’s publishing industry up-to-date with the rest of the global market. As it is now, bookstores can only sell a book themselves if a local publisher imports it within 30 days of publication and restocks the supply within 90 days. The new deal will set the dates with initial import at 14 days and renewal supplies also within 14 days. This means our friends down under will have access to new books sooner.

Learn More >>

India


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AAP Book Sales Report: March 2012

BY RT BOOK REVIEWS, JUNE 21, 2012 | PERMALINK

The Association of American Publishers Monthly StatShot has just been released. The numbers in the report give industry insiders (and readers) a chance to see fluctuations between current and previous book sales. And while, overall, it appears that the number of books sold in March 2011 and those sold in March 2012 remain steady, or in the words of Publishers Marketplace, “a flatter overall trade market” — it’s not so cut and dry as it may sound.


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Tags: Publishing Industry News
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Microsoft's Mobile Tablet Finally Surfaces

BY RT BOOK REVIEWS, JUNE 19, 2012 | PERMALINK

At an invitation-only event in Los Angeles yesterday, Microsoft’s Chief Executive Steve Ballmer unveiled its new family of Surface tablets. Shoppers can soon expect two versions of the Surface, the “RT” targeted at the casual consumer and the “Pro” for content creators.

After years of Apple dominating the mobile-friendly tablet market, Microsoft is finally getting into the race by using their best asset - software. Running on the yet-to-be-released Windows 8 operating system, these tablets will come preloaded with Office software. And with an included detachable keyboard, it looks like the Surface is not only gunning for the iPad, but is also looking to make laptops obsolete as well.

However, during the press conference, Steven Sinofsky, President of Windows, made it quite clear how he expects consumers to use the product. When describing the device he said, “It’s solid. It feels great in your hand like a book. It just fits there.”

So how will the new Surface products compare to other tablets and e-reading devices? Here is a handy chart to show the differences:


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Tags: Publishing Industry News, RT Daily Blog
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Alternatives To DRM E-book Technology Are In The Works

BY RT BOOK REVIEWS, MAY 22, 2012 | PERMALINK

Booklovers who read e-books know that there are a few ways that digital reads are very different from ink and paper books. At the top of the list is that most e-books are more difficult to share and move across e-reading devices. These days, Digital Rights Management — commonly known as DRM — software, protects most e-books. However, DRM is not particularly popular with readers some e-publishing ventures are opting to skip the form of protection entirely. Thus the GiantSteps Media Technology Strategies is proposing that the International Digital Publishing Forum (IDPF) look at ways to revolutionize the way that digital content is protected by finding a middle ground between DRM and no protection at all.

DRM technology limits how digital content or devices are used, working to make sure that those uses are within the guidelines or parameters set by the company that sold the content to a user. DRM is mostly in place to stop piracy, the illegal act of copyright infringement, and preserve artistic control. However, this is not just an issue that affects those who download illegally, the Electronic Frontier Foundation has some really great examples of when you might run into problems with DRM:


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Tags: Publishing Industry News, E-Book
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Amazon's CreateSpace Books To Get European Distribution

BY RT BOOK REVIEWS, MAY 18, 2012 | PERMALINK

CreateSpace has great news for authors and readers: Their distribution capabilities have just increased. The print-on-demand arm of Amazon will now sell books published through CreateSpace across several European countries. Amazon’s sites in Spain, Italy, Germany, France and the UK will carry these books, which previously were only available in the United States.


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Houghton Mifflin Harcourt To Restructure Under Chapter 11

BY RT BOOK REVIEWS, MAY 14, 2012 | PERMALINK

Houghton Mifflin Harcourt publishes fiction, nonfiction and educational software, but is undoubtedly best known as one of the leading publishers of textbooks. However, due in part to market changes, the company has been having financial struggles. But readers should not expect HMH to disappear as of yet. On Friday, the publisher announced in a press release that they have crafted “a comprehensive financial restructuring plan to convert HMH’s outstanding long-term debt to equity and create an appropriate capital structure” that will help the publisher get back onto firmer footing.

Weak market demand, including a lack of government funds set aside for purchasing new textbook editions, have contributed to the publisher’s struggle to make ends meet. The company has racked up an impressive amount of debt, however, the company has no plans to flounder on the edge of extinction. HMH President and Chief Executive Officer Linda K. Zecher says, “With a more appropriately-sized capital structure and greater financial flexibility, along with our world-class brand and innovative digital education solutions, we will be well-positioned to accelerate our growth initiatives and expand our digital platform.”


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Tags: Publishing Industry News
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