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"Traditional Publishers" is a whole different game though: They will try to make money by moving huge quantities of something. So they start with something th
by stakhanov 7y ago
"Traditional Publishers" is a whole different game though: They will try to make money by moving huge quantities of something. So they start with something that has potential mass-appeal, like a cookbook, and then 99% of the value is a result of marketing. The publisher will have the ability to get the author on cook shows on television, will advertise it on billboards, will have the distribution power to get the book into the display window at bookstores etc etc. -- In such a case, the publisher is executing all of the strategically important functions, and the author is almost exchangeable.
Compare that to someone whose life's work is some academic area where their book has become the standard textbook. If it weren't for that person's work, there wouldn't be a product here. That person can choose between a handful of publishers, and whichever publisher they go with has a product, and the others don't have one. -- The recent backlash against Elsevier and the drive towards open journals is basically showing how different the economics are here.
But the fact is: There is a spectrum here, and the above are the two ends of the spectrum.
Amazon's model is basically encouraging the cookbook-stuff and being extremely hostile towards the latter kind of content.
- cosmodisk 7y agoCould you share some links regarding backlash against Elsevier?
- stakhanov 7y agohttps://news.ycombinator.com/item?id=20606718 https://news.ycombinator.com/item?id=20606718 https://news.ycombinator.com/item?id=19273955 https://news.ycombinator.com/item?id=19273955 https://news.ycombinator.com/item?id=6996052 https://news.ycombinator.com/item?id=6996052 As you can see they are much loved with the HN crowd ;-D Some of the highest ranked top-level comments start like "Man, I hate Elsevier with a passion. As well as being shady, dishonest, shifty, moneygrubbing toerags, they also [...]" "Elsevier is really, really bad. At this point, I think they are already seeing the end and investors are trying to [...]" "Elsevier employees should just quit and work somewhere else. It's just [...]"