Okay, I have to warn you. This could be a depressing post, although I don't mean for it to be that way. You know me. I like to scatter sunshine everywhere I go.
Anyway, a couple of things happened this week that have helped me understand what's happening in the world of publishing. The first is that I heard a report on NPR saying that only 10% of the American population owns 90% of the wealth. It's another Gilded Age, yo. The disparity hasn't been this big in over 100 years.
My second "ah-ha" moment happened at TKE this week where I realized that the world of publishing is becoming a little like our economy. It feels like instead of developing a group of mid-list authors who write good stand-alone books--a farm team if you will--publishers want to sign a few wunderkinds straight of high school (metaphorically speaking here) who will score big and score fast. Right now a lot of the money is going into series for young readers. Which I don't write.
The downside? I wonder if I'll ever publish another book again.
The upside? It won't be because I'm not a good writer. After feeling a lot of frustration over the past few years, I am comforted by this realization.
Those of you who are writing and/or publishing, feel free to offer your two bits here. I could be wrong about the current publishing model. Would love to hear what you think.