In case you've been busy with lame office holiday parties--the one where Sandy the office manager has too much to drink and admits she/he only watches animated movies--the publishing industry is feeling the money crunch... big time!
Here is an
article over at PW (Publishers Weekly--you should have it bookmarked!) that explains MacMillan's latest answer to the economic woes. This included layoffs at Clarion, one of my favorite imprints, which publishes Gary D. Schmidt and Linda Sue Park (two authors you must read if you're writing for young readers)
How will this affect unpublished authors like me and (possibly) you? It's not a good time for any writer, though publishers are still looking at agented manuscripts. They're always looking for the lone golden hair that stands out (that was horrible).
Publishers obviously have less money to invest in projects, so they will be taking an even closer look at all aspects of a manuscript before committing to it. It just means that the competition will only become fiercer. Less money = less books to publish. Seems like publishers are moving to a QUALITY OVER QUANTITY philosophy. Shouldn't they have been doing this in the first place?
Only time will tell how this all shakes out...
Back to writing.