Friday, October 21, 2011

An Ebook Only Publisher??

That's right!  Tribute Books is changing.  They will produce ebooks only beginning in 2012.  Read my interview with Nicole from Tribute Books to find out more!

 Please explain how Tribute Books will be changing in  the upcoming year.

Since 2004, we've published over 30 titles in a wide variety of genres in both print and ebook editions under both traditional and subsidy contracts. In 2012, we are going to transition into        becoming solely an e-publisher of young adult titles. There will be no charge to authors and they will receive 50% of the net profits in quarterly royalty payments.

 How did you decide to become an e-book only publisher, focused on one niche group?

The decision was based on primarily two reasons. First, our ebooks are outselling our print editions at a rate of 2 to 1.   All indications point to the ebook trend continuing to expand with the explosion of popularity of e-readers like the Kindle, Nook and iPad. As the prices of the e-readers continue to come down and with bookstores continuing to close, readers will be looking for the quickest, easiest and cheapest way to obtain their reading material. Second, I personally felt as a one-person operation that I was spreading myself too thin in trying to market to too many different markets by publishing books in such a wide array of genres. If I had a marketing staff of 20 people, it would be a different story.

What challenges do you feel Tribute Books faces with these changes?

Most likely, the biggest challenge is that authors we would like to work with won't submit their work because they want to be published in a print format. Hand in hand with that goes the issue of the quality of work that will be submitted. An inundation of poorly written, poorly edited manuscripts certainly isn't the end goal in this transition process. We're primarily looking to work with authors who have been published before by a royalty-paying press, have developed a social media platform and have already had their manuscript professionally edited before submission.

 What opportunities do you feel will present themselves as a result of these changes?

My hope is that we are able to recruit some damn talented writers of well-written, well-crafted stories in order to develop an eager fan base for the titles we publish. We want readers to be excited about the ebooks we produce. Young adult authors have the most devoted fan followings out there, and we'd like to introduce that audience to a whole new host of talent.

Where can readers go to find out more about Tribute Books, their products and the companies upcoming changes?

We try to keep an active online presence, so they can check out our website (http://www.tribute-books.com/), Facebook (http://www.facebook.com/pages/Archbald-PA/Tribute-Books/171628704176), Twitter (http://www.twitter.com/TributeBooks) and blog (http://tributebooks.blogspot.com/) on a regular basis. We'd love to have anyone who loves young adult literature to join us for the ride.

Congratulations on all the changes!  What an exciting time for your company! 

Readers, what do you think?  Comment below!!  Personally, I can see how small publishers would need to make this change.  Do I see this as a likely outcome for all publishers? No.  There are still many people who prefer printed books.  Many dabble in both print and digital versions and major publishers who may see a decrease in print sales have not lost sales in this category all together.  The difference in sales is natural due to the presence of the ebook market.  I don't ever want to see print books disappear.  I love everything about a traditional book and feel we would loose a huge piece of history by getting rid of them all together...

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