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Friday, May 25, 2007

Simon and Schuster's New Project

Have you heard the news? S&S has teamed up with a company called Media Predict. What's that mean?

From the NYT article,

Publisher to Let the Public Have a Vote on Book Projects

"Media Predict is soliciting book proposals from agents and the public, and posting pages of them on the site. Traders, who are given $5,000 in fantasy cash, can buy shares based on their guess about whether a particular book proposal is likely to get a deal, or whether Touchstone Books, an imprint of Simon & Schuster, will select it as a finalist in a contest called Project Publish. If either happens within a four-month period, the value of the shares go to $100 apiece; if not, the share price falls to zero."

Link for Media Predict:

This is interesting. I admit, I'm intrigued, although the projects currently up for consideration don't inspire me to vote.

I can see some potential good and bad. What if an author solicits votes? Just because she/he is able to win a popular vote doesn't mean the book will potentially sell tens of thousands of copies, right? Yet, if it works properly, a program like this would also allow readers (with dollars to spend, hopefully) to have a direct impact on what makes it to the marketplace.

This could be very good.

I work in a bookstore and often hear readers griping about finding the same ole stuff (whatever that might be), or not finding enough of their fave subgenre (alien-abduction-secret-baby-cowboy-menage-a-trois-romance).

What do you think of this concept--letting the public determine what projects deserve to be published? And if you could go directly to the publisher and tell them what you want, what would it be?

Tawny's Erotic Romance
Sydney's Sassy, Sexy Romance

posted by Tawny Taylor at 9:14 AM |


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