Thursday, May 17, 2007

About us: Branch pic

This is the first Waterstone's bookshop at 99-101 Old Brompton Road in South Kensington, London. It was founded by Tim Waterstone in 1982 with the redundancy money he received when he was sacked by W.H.Smith. The chain has developed extraordinarily to become Britain's largest bookseller and Tim tells some of the story in his book Swimming against the Stream.

Yesterday evening Waterstone's and its current owners HMV threw a fabulous party to celebrate 25 years of bookselling and to honour our top authors of the last quarter century and the twenty five for the next quarter century. I was delighted that Macmillan scored a 12% 'market share' of the future with Emily Gravett, Charlotte Mendelson and C.J.Sansom being selected. For more on the list follow this link.

Who knows what the next twenty-five years of retail bookselling will bring (as evidenced by the debate on this blog) but Bill Gates seems to think he knows:

 "Reading is going to go completely online. We believe that as we get the smaller form factor, the screen has gotten good enough. Why is reading online better? It's up to date, you can navigate, you can follow links. The ads in the online reading are completely targeted as opposed to just being run-of-print, where many of the readers will find them completely irrelevant. The ads can be in new and richer formats. In fact the only drawbacks of the digital form are the things associated with the device: how big is it, heavy is it, how many hours of power does it have, how much do I have to spend to buy it? But those are things that once you achieve that threshold, in terms of the convenience and the cost, then you see a dramatic change in behavior. Today, for people who read newspapers and magazines, even the most avid PC user probably still does quite a bit of reading on print. As the device moves down in size and simplicity, that will change, and so somewhere in the next five-year period we'll hit that transition point, and things will be even more dramatic than they are today."

So now we know.

Today sees the beginning of Summer in England. It is grey, rather damp and not very warm but it is also the first day of the first cricket Test Match of the season and England take on West Indies at Lord's Cricket Ground.

The other event to take place today will be the announcement of Gordon Brown as Britain's next Prime Minister. I am no political expert but it does seem surprising that someone can take over the leadership of a country (the mother of parliamentary democracy I believe) without a ballot of the people, the parliament or even his own political party. I have nothing against Brown but I hope his self-appointment doesn't encourage any other country to impose democracy on us by invading what is a country with a huge armoury of weapons of mass destruction, a danger of splitting (Scottish Nationalists now govern in Edinburgh), a strong breeding ground for militant Islam, strategically placed geographically and with extraordinarily valuable assets - and an unelected leadership.

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 Wednesday, May 16, 2007

I've been trying (without success) to arrange to join a bunch of friends from Wisden in a walk across Southern England starting on Saturday in support of the Teenage Cancer Trust. The Trust was set up in memory of Laurie Engel, the son of Wisden editor, Matthew Engel. Royalties from Matthew's latest book, Extracts from the Red Notebooks also go the fund. I'm sure the team would welcome any companions on the walk which is described here and where you can also contribute.

A propos last week's posting about the Kim Scott Walwyn prize won by Annette Thomas here is a link to an article in the Guardian by Hermione Lee about it.

Over at Pan Macmillan, there are celebrations for the success of James Herbert's latest paperback The Secret of Crickley Hall. In hardback the book reached number one in the best seller list and it is sitting at number two in paperback, a smidgeon behind the number one (whose title I won't mention). There was a time when Pan only had to compete with Penguin for paperback sales and those days are beautifully chronicled on this website. Things are much tougher today but it is great to see that Pan's tradition of mass-market fiction brilliantly packaged and marketed continues. A couple of covers to compare now and then. The 1961 price was 2/6d (old money). The 2007 price is £6.99 although many outlets will be selling the book at a lower price. Inflation doesn't explain the whole of the increase.

The Secret of Crickley Hall

The Thirty-Nine Steps

 

 

 

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 Tuesday, May 15, 2007

I'm often slightly disappointed that this blog receives most comments on subjects affecting British independent booksellers. Of course there are important issues and I´m always pleased to hear from booksellers but there are other controversial matters for the book world. I was therefore pleased to see that Sara Lloyd's excellent guest piece on the future of reading has generated some thought-provoking and insightful comments from a range of people. Do join the debate if you can.

The last couple of weeks have seen the building blocks for a new educational publishing landscape. The Pearson acquisition of what I know as Heinemann Education in the UK and Commonwealth and Harcourt Assessment in the USA (for $950 million); the sale of Thomson Learning (for $7.7 billion) to a private equity consortium (presumably with the intention of buying out the remaining bits of Harcourt Education); and the continuing speculation about the fate of Wolters-Kluwer's education divisions; all point to radical change in response to perceived technology shifts in teaching. The bets being placed are enormous but the rewards (and risks) are high.

If e-learning really establishes itself in schools (as I am sure it will) there will be an inevitable knock-on impact on the way adults will read and acquire information and hence the importance of the debate about the future of reading. It may take longer for some of the predictions about e-books etc to come true but the book trade simply has to come to terms with these new media before it's too late and we lose a generation of readers. Hence Macmillan's commitment to BookStore.

I leave you with a photo of where I am today.

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 Monday, May 14, 2007

A few days ago I mentioned a visit I made to a school in Soweto. Here is a picture of Boepakitso Primary School.

A fairly typical and functional piece of architecture and scene by any standards. What it doesn't show is the commitment, verve and vision of the teaching staff and the enthusiasm of the children. The school is partly supported by the Read Educational Trust which is our partner in South African publishing sector's first black empowerment transaction.

For those interested in statistics, our promotional video for Quirkology which I wrote about last week has now been viewed 769,427 times. Now, if each view sells a book...

After my technology-jinxed weekend in Suffolk I'm glad to be independent of guest bloggers but concerned that the guests succeeded kicking traffic numbers up and I suspect fooled readers into expecting higher standards of writing and insight than I can manage.

While on the standard of writing, here is an Observer review of my pick of the moment. Do get hold of a copy of When we were bad and find a few hours to read it. See if you agree with the reviewer and me.

When We Were Bad

 

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 Sunday, May 13, 2007

As I'm still stuck in the technological black hole that is deepest darkest Suffolk, I've asked our Digital Publisher Sara Lloyd to expand on the email she pinged off to me last week after reading her Friday copy of Guardian supplement g2...

To adulterate a joke made by that funny doctor bloke Dr Phil Hammond on Have I Got News for You last night, "a qualification as 'Head of Digital Publishing' for a major international publisher is really no substitute for clairvoyancy". I'd like to start from this point to avoid jokes made at my expense later; predicting the future has always been wrought with hazards and I lay no specialist claims to being able to do so.

However, I did get just a teensy weensy bit excited to read Andrew Marr's feature, 'Curling up with a good eBook'  in g2 on Friday. This much loved and respected journalist, broadcaster and writer was given one of the latest eReaders, an Irex Iliad, to road test for a month. It was a case of 'bibliophile, or perhaps bibliomaniac, meets book-killer', as he so Andrew-Marr-ishly put it. You can read the article for yourself, but the results were surprising, in some ways. This key proponent of the book as beautiful object / thing to be read in the bath argument and sniffer of dusty covers in second hand bookshops was 'reluctantly impressed' with his ebook. He could even see a future in which he'd choose the e-version of 'a dozen new novels or biographies' to replace his bulging book bag when travelling, and he could certainly see the advantage of this when combined with an ability to download all the newspapers, magazines and other 'throwaway' content that he needs to digest on a regular basis.

For me the existing ereaders on the market still don't cut it. The 'killer device' - an iPod for books - isn't with us yet, but I think this generation of ereaders could be the beginning of a quiet revolution. As major Internet and computing players enter the fray to carve out a piece of the ebook market which they all believe could be round the corner and the 'download generation' graduate into the consumers of tomorrow, the ground has got to shift. Hasn't it?

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 Saturday, May 12, 2007

It transpires that technology is less developed in Suffolk than in Patagonia.  As a result I've asked 'Woman Publisher of the Year' NPG's Managing Director Annette Thomas to write a few words...

Site licenses have revolutionised the way that researchers access content and numerous studies have shown that there is now more access to more content and at lower prices than ever before.  But this all a bit heavy for a Saturday morning, so on to the point of this posting.

Every summer Nature Publishing Group's site license business unit holds their annual sales conference.  For the past 3 years we've gathered together at the Ocean Resort and Spa on the New Jersey Coast.

Like most sales conferences the days are filled with a mix of work and play and everyone has a good time. The meeting is organised by the excellent Geoff Worton who heads up our world-class sales team.

This year we've changed venues and we'll be meeting at the Hudson Hotel in NYC. It looks very posh (and expensive) but I've been assured that we've negotiated a very good rate.

Hudson Sky Terrace

 

Yesterday I received the agenda of the meeting and to my shock/horror/surprise/delight I no longer have top billing on the program.  Apparently Richard will be attending and I've been relegated to introducing him.  What to say? What to say?  I'm appealing to readers of this blog to send me their suggestions.

Have a lovely weekend

Annette

 

 

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 Friday, May 11, 2007

Kim Scott Walwyn

Kim was a friend and colleague of mine at Oxford University Press during the 1980s. She was a great person and a great publisher. She died at a ridiculously young age but her memory is kept alive by the annual award of a prize which recognises the professional achievements of women in publishing. The shortlist was announced in April and last night I went to St Anne's College in Oxford for the award celebration overseen by Tim Gardam who was Kim's husband and is now Principal of the college. To my - and I suspect many people's - delight Annette Thomas, Managing Director of Nature Publishing Group won in what was a very strong field (as reported in the Guardian today). It is a tribute to everything that she and the fantastic team at NPG have achieved over the last few years. I am certain that Kim would have approved of the choice. 

Annette Thomas

While on success, I'd like to point you to this anniversary review of Macmillan New Writing and I can assure you that this is not the result of backscratching or any other underhand measure.

For those of us who remember the glory days of sales to Nigeria in the 1970s this vignette from an old Nigeria hand returning to one of Macmillan's outlying offices will ring a bell.

'A reassuring scene, though: a dusty entrance lobby with pealing lino tiles and segments of spaghetti-type wiring; battleship grey paintwork (always so encouraging I find); a receptionist reading a two-day old copy of the Daily Times plus a grubby Mills & Boon novel; a fading picture of the late Supermac hung at a rakish angle but so high up you had to positively seek him (o tempora! o mores! o winds of change! - nothing had changed in this lobby for years); the MD's ante-chamber crammed with cheap Asian wall clocks and support staff with little to do pending the arrival of the MD but read newspapers and seek soul-mates on the web; and the car park full of sound and fury, drivers and reps, but little if any sign of coordinated activity ...'

And to finish, a sort of review of this blog which leaves me wondering whether to be flattered or offended.

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 Thursday, May 10, 2007

Yesterday a bomb exploded in Erbil, Kurdistan region of Iraq. Fortunately none of our staff or friends working there was hurt but it does underline the risks that people are taking to bring education to the people of Iraq as I've described before.

On a lighter note, Pan Macmillan are celebrating a number one. Not a book but a video which was made to support the book's marketing. I mentioned Quirkology a few days ago but I had absolutely no idea that the card trick video would reach number one (yesterday for a few hours) on YouTube (and it's still number three as I write with 250,000 hits in a week - 390,000 now, four hours later). I believe this is a first for any publisher's promotional video but I am sure someone will correct me if I'm wrong.

Most of my readers are probably aware that I am not inordinately fond of book fairs. However, they exist and some of them even generate demand for books. Macmillan will do almost anything to achieve a sale and here is a picture of the RSC Shakespeare at the Bogota International Book Fair (to my shame, it wasn't until searching for that link that I discovered that Bogota has been declared Book Capital of the World - we should be told more).

And while on book fairs, I promised a colleague that I would mention the ever-increasing Cape Town Book Fair. The fair has been so successful that they have had to double the floor space in order to accommodate more and bigger stands. Is this growth in book fair activity in spite of or because of the Internet, I wonder?

There was a unique event last night at the Chelsea Arts Club. We were there to honour and thank Ronnie Williams (OBE, not the comedian) on his retirement from being Chief Executive of the Publishers Association. Some indication of the respect in which he is held is attested by the attendance of eleven past and future PA presidents (in chronological presidential order, Philippa Harrison, Adrian Soar, David Kewley, Simon Master, Anthony Forbes Watson, John Clement, Henry Reece, me, Stephen Page, Mike Boswood and Ian Hudson). Trevor Glover meant to come but was delayed at a concert. I'm not clear what the collective noun for eleven PA presidents is but would be happy to publish any (or more or less any) suggestions.

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