David & Goliath
Today is momentous. Listening to the morning business news, the announcement of a possible merger between Random House and Penguin knocked me back a few steps. Mergers are commonplace in the world of high finance but the reason given for this consideration was a small personal victory. Indie authors and their ability to sell their works at low price-points has shaken the publishing world.
Think about it, we humble Indies, the brunt of disrespect and jokes, have slammed Goliath with our wee rocks. Yes, I know there are some out there that are intent on acting like asses. The fight to eradicate the smudges produced by these ninnies will be ongoing, however we have a small victory. The very idea that these power houses find it necessary to join forces to push us back says it all.
Literary agents are surely to come out on the downside of this marriage. How will they be able to pit those two houses against one another in a bid for their authors? They won’t; I can imagine them digging through the slush pile in the attempt to beef up the old portfolio.The trickle down will be fascinating to watch as time moves forward. I mean no disrespect to agents I’m sure they work hard for their money only now they will have to work a bit harder.
This marriage may not take place; the bride may change her mind. But since Indies weren’t invited to the wedding, we will party on our own little island. We have won a small battle, now let’s win the war.