InsideMobileApps InsideSocialGames 10,000 Words FishbowlNY FishbowlDC LostRemote TVNewser TVSpy AgencySpy PRNewser MediaJobsDaily UnBeige

Three Major Publishers in Five Years?

Bob-Miller23.jpgOver the weekend, HarperStudio publisher Bob Miller made waves with his predictions for the future of publishing.

Here’s one surprising quote: “The large publishing houses will continue to reduce overhead as profits shrink in the years ahead. Counter trend: Publishers will be looking for mergers and acquisitions to compensate for those shrinking profits. The Big Six could be the Big Three within five years … These companies will continue to focus more resources on fewer titles, using their strengths as large-scale marketers and distributors to publish brand-names. Title count at the largest houses could drop by as much as fifty percent over the next five years.”

Miller founded the Hyperion imprint for Disney, and ran it for 17 years. In 2008 he left that publisher to start HarperStudio, an imprint making some innovative adjustments to the traditional publishing model. One year ago, we interviewed Miller about his thoughts on returnable books.

Mediabistro Course

The Art of the Book Review

The Art of the Book ReviewStarting August 4, learn how to get paid to write reviews that will influence the publishing landscape! Taught by a Publishers Weekly book critic, you'll learn how to recommend a book to its audience, write reviews of varying lengths, tailor a review to a specific publication and more! You'll leave this course with two original reviews and a list of paying markets for book reviews. Register now!