Is The Economy Killing Publishing? Or is it Alive and Well.
I recently read a comment from an author that really made me stop and think. About my own budding career. About luck, chances and the future. She was commenting on the fact that she’d written her heart out for ten years. Indeed sacrificed much to pursue her dream to become published. She recently signed with an agent in September of 2008, and then well, the economy pretty much went south. She feels like she’s in a do or die situation and that if this book doesn’t sell she’s going to have to give up the dream. She’s heard back from two of the NY houses, but is in a holding pattern of waiting for the others.
I have to say that I believe luck plays a huge part in not only landing an agent, but in selling a book. Obviously talent is major, but really, that sweet spot and the stars aligning play a major role as well. For me, personally, I signed with my agent in June and was lucky enough to sell my book to a NY house in early September. (On a side note, the day before my editor read my ms, she was in a meeting and the consensus was, that they were looking to acquire a paranormal shifter book. Guess what my books is about?) The proverbial shit was just starting to hit the fan, and by October I remember thinking I was darn lucky to have sold when I did. DARN LUCKY.
At this point there were so many doom and gloom reports that I no longer wanted to listen or watch the news. And publishing houses were folding, (small presses), large NY houses were laying off. It was awful. I truly felt for new authors querying agents and/or editors. How would they ever sell with such a doom and gloom market? And how were my fellow Bradford sisters going to fair with their new releases coming out?
Yes, the economy sucks but I think we’ve been treated to a pleasant surprise. People are always going to want to escape and a good read is one way to do that. Romance novels, whether they be erotic, futuristic, paranormal or warm cozy mysteries will always provide a HEA to soothe the soul.
According to the most recent Neilson Bookscan, both fantasy and romance mass market books were UP in December and by substantial numbers. I read Publishers Marketplace and there are still deals being made everyday. Samhain has acquired Linden Bay, a positive move for sure.
So, is the economy killing publishing? I don’t think so. I think that certain areas of publishing are going to suffer, mainly literary. But romance? Naw, it’s here and with the leaps and bounds that epubs are enjoying, it’s here to stay.
So, I hope this author that seems to be at the end of her rope, sticks it out a little longer and I’m sending a wee bit of luck her way. Maybe I’ll read about her deal in PM in the next little while. That would be nice.
What about you? What are your thoughts on the economy and what it means for romance books in general?


















