The big news in the publishing industry so far this month is the sale of Harlequin Romance Publishing to News Corp where the romance giant will become a part of Harper Collins. Harlequin has shown disappointing sales in the past four years, citing the slowdown in paperback sales as part of their issue despite their strong showing in digital and international sales.
Susan Kelley and have contracts with two different small presses. Both have been in business for a long time and I'm comfortable with them. What does this big publishing news mean for me? Not a lot at this point in my career. When I first starting writing, signing a contract with Harlequin was the ultimate symbol of having made it as a romance author. I've always written fantasy or science fiction romance so back in the day when I submitted those type of novels, Harlequin wasn't interested. Like so many other writers who wrote something a little different, I found a place that would take a chance on me and my writing.
With this sale, the 'big boy' publishers are becoming fewer in number. The smaller, independent presses are becoming more numerous. Will it be more difficult to 'make' it with a big publisher? Will readers search out those 'outside the box' stories put out by small presses?
Do you care about this publishing news? Do you as a reader purchase books put out by small presses? Do you have experience with Harlequin or Harper Collins? How will affect their current stable of authors? Should any of us care about this if we're not involved with those publishers?