Every day I read stories of cutbacks in the publishing world. Editors are losing their jobs; imprints are being closed; and I’ve heard reports that many signed-up titles are now being held back from publication and all its associated costs.
Writers watch and worry how on earth they can survive in this difficult time.
There is one certainty: publishing houses are going to need new and better books to publish in order to survive. They are going to have to publish their way out of the recession: they have to keep publishing new books with some sort of regularity or their income stream will dry up. But with fewer lists publishing and fewer editors acquiring, every book that is published is going to have to work harder and generate more income; and writers will have to compete harder for the reduced number of publishing slots that are now available.
The writers who produce exciting, consistent work are going to do well: those whose work shows a little less potential, or which needs more work to get it ready, just won’t get published. So how can writers beat the recession? By being completely reliable: and by writing increasingly better books.