Amazon has changed the book industry, with the rise of self publishing and the undermining of the original Big Six publishing establishment, the profit margin of the traditional publishing firm has shrunk, and in many cases collapsed. In many ways the immediate opinion of consumers has been that this is a good thing.
Consider though that a personal mantra of Jeff Bezos, Amazon CEO, is "Your [profit] margin is my opportunity." Unfortunately an entire ecosystem of value adding professionals used to exist in that profit margin. That ecosystem of editors, artists, marketers, and other publishing professionals may not elicit much sympathy, being out of sight and perhaps stigmatized as middle men.
However, the average self published work earns less than $500, while the costs of production to authors - lacking connections, negotiation power, and purchasing power at scale, are typically three to four times that amount. Given that only one in eight books is profitable, if trends continue this casts very serious doubts on the future of being an author as a career, let alone being any other kind of book professional.
MQuills doesn't want that trend to continue. As a publisher we find arrangements that enable the continuation of valuable content developers and their production of profitable quality works of writing. We will enable the community to continue to tell stories as a living, adapting to and thriving in the presence of increased technological and monopolistic forces in the book industry.
Consider though that a personal mantra of Jeff Bezos, Amazon CEO, is "Your [profit] margin is my opportunity." Unfortunately an entire ecosystem of value adding professionals used to exist in that profit margin. That ecosystem of editors, artists, marketers, and other publishing professionals may not elicit much sympathy, being out of sight and perhaps stigmatized as middle men.
However, the average self published work earns less than $500, while the costs of production to authors - lacking connections, negotiation power, and purchasing power at scale, are typically three to four times that amount. Given that only one in eight books is profitable, if trends continue this casts very serious doubts on the future of being an author as a career, let alone being any other kind of book professional.
MQuills doesn't want that trend to continue. As a publisher we find arrangements that enable the continuation of valuable content developers and their production of profitable quality works of writing. We will enable the community to continue to tell stories as a living, adapting to and thriving in the presence of increased technological and monopolistic forces in the book industry.
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