The Untold Story of Books is divided into three separate businesses of books related to the technology of printing, a concept original to Castleman. He explained, “As printing evolved, changes in authors’ relationships to printers, and later publishers, basically define the business, and the three epics are: from Gutenberg to the end of the 19th century was the first book business, and in the first book business there were no publishers… authors paid printers to print their books… but what happened over this period… was that printing itself evolved and changed and got a lot faster. By the end of the 19th century, high-speed industrial presses could turn out so many books, so quickly, that the model flipped and all of a sudden publishers began paying authors for manuscripts, and then turning around and hiring printers to print them… and that lasted 80 years from 1920 to about 2000… After 2000, when digital publishing happened, then you could print so many books so quickly… so, again, the model has flipped… and so we’re now in the third book business, which is a high-tech return to the first book business where the vast majority of people pay to publish.”
According to Castleman, nowadays, books don’t make a lot of money unless you’re a consistent, bestselling author. However, there is hope for those aspiring to become published authors, especially if they specialize in certain genres targeted towards women. Romance novels, along with mystery thrillers, are an exception with romance books often topping the fiction category. “Women love romance fiction, and women are the readers, and women buy three-quarters of all books and read two-thirds of all books. So the book publishing industry is really aimed at women. You’d never know it, but that’s actually the case.”
Elvis Costello has this song called “Red Shoes” and it opens up with a line, “Oh, I used to be disgusted and now I try to be amused.”
Publishing a volume of verse is like dropping a rose petal down the Grand Canyon and waiting for the echo.”
Podcast: Play in new window | Download
Subscribe: RSS
Want to join the discussion?
Feel free to contribute!