Friday, January 15, 2010

Middlemen in trouble

Lit agentsThe middleman has been the most reviled of species, and also the most indispensable -- they have a way of making themselves so. In the publishing industry, these are called literary agents. It seems as if we cannot live without them because a publisher will not deal with anyone without an agent. But they will not answer your emails or your phone calls, they won't even bother to tell you if they don't like your manuscript or (God forbid) read it. They will make you scrape and grovel, and spit you out like a sucked orange once you are no longer the flavour of the week. They are the self appointed Gods of the publishing world. Generally, they are inclined to treat you like the scum accumulated in your kitchen drainpipe.

But now they say they are in trouble. Should we care? According to a story in the Bookseller: "Literary agents have seen their profits tumble, with the recession, dwindling advances and publishers' focus on celebrity cited as contributing factors."

Yes, but how do middlemen lose money? It is one thing it you make less money or don't make money because there is no business, but how do you lose it? Publishers put up the capital for the printing, the (sometimes absurd) advances and have to pay for warehousing, shipping, and deal with returns. There is real risk here if a book doesn't sell. What risks do literary agents face?

There was a time when the publisher made all publishing decisions including talent scouting. Now they leave most of the latter to the "professionals", the literary agents, the self appointed arbiters of "good taste". Some are of the opinion that the industry will be better off without them. There are no literary agents in Malaysia, so we do all the work ourselves (as do the other publishers). Perhaps, we could use editors who provide good editing and critiquing services (paid for by authors) to make manuscripts publishable.

The Bookseller

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