Amazon.com is showing every sign that its ambition no longer just to distribute books but also to publish them is very real and growing.
The company announced in the past two weeks a publishing list for the spring and early summer that includes 16 books in its AmazonEncore imprint and eight books in its AmazonCrossing imprint, which focuses on book publishing and translations.
Mining data to guide acquisitions
Both imprints use Amazon’s extensive sales data and customer reviews to help inform publishing decisions. For example, Amazon culled data from its French site to help guide its first foreign acquisition, which became available in November (Tierno Monenembo’s The King of Kahel, which won France’s Prix Renaudot in 2008).
“Our team of editors uses this data as a starting point to identify strong candidates, then applies their judgment to narrow the list and reach out to the authors,” Jeff Belle, VP, Amazon.com Books, told LJ. “We’re fortunate to have access to both a lot of sales information, as well as an editorial team made up of book lovers….” he said.
Emily Williams, a digital content producer at Book Publishers Marketplace and cochair of the Book Industry Study Group rights committee, told LJ that Amazon’s efforts were a new means of finding writers who were not “part of the traditional publishing food chain” and also filling in “some of New York publishing’s traditional blind spots.”
“Amazon has a lot of information from its millions of users that book publishers have never had access to in making acquisitions decisions. It was inevitable that someone would try to leverage this kind of platform to try to pick undiscovered best sellers,” she said.
“It will be interesting to see how their books do, but…I don’t believe that the track record so far has shown that the data-driven approach offers any more sure bets than the old model of experienced editors making informed decisions,” she said.
Amazon discovers writers through several channels, Belle said, including Kindle Direct Christian Book Publishing (where writers can upload unpublished manuscripts), the Amazon Breakthrough Novel Award contest, and CreateSpace.
“We then work with the authors to introduce or reintroduce their books to readers through marketing and book distribution into multiple channels and formats, such as the Amazon Book Store, Amazon Kindle Store, and national and independent bookstores via third-party wholesalers,” Belle said.
.AmazonEncore began publishing in May 2009, and as of January 31 it was offering 54 titles on its site. AmazonCrossing was announced a year later, and the site now features 12 titles in all. For AmazonCrossing, Amazon acquires the rights and pays for their translation. Belle would not disclose financial details.
“We’re just looking for books our customers love,” he said.
Waiting for a breakout best seller
Michael Norris, a senior analyst at Simba Information, which tracks the book publishing companies and media industries, told LJ that the Amazon move mimics what traditional trade publishers have long been doing by mining data and giving book contracts to self-published authors. Amazon is simply trying to develop its own publishing ecosystem in order to bring more people to shop at its site, he said.
“[It's] a mechanism&hel
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Oh, wow, the new cover is really much nicer. And the fact that Judah is in B&W!! Wow.
This book looks fantastic - I love that cover! Great review and a new addition to my wish list!
I love this book. I have my new copy and I've already been showing it off!
Thanks, Liz.
Didn't Walter Dean Myers' publisher put together a Riot tour last fall? I think your idea has potential, Liz, even if you don't want to do the driving.