Here’s a bit of what I had to say:
It’s more difficult to turn a profit on a magazine, whether print or digital. People expect they can get quality information for free, and the magazine package (or experience) isn’t as valuable as it once was. People cherry pick a lot, rather than committing to single publications or outlets. I suspect that if and when Scratch becomes sustainable for the long term, it will be a result of additional content and services we develop, not subscription revenue.
It’s a wide-ranging conversation, and I also touch on:
- good and bad trends in author education
- exciting changes in the publishing industry
- a digital-inspired publishing effort that inspires me
Jane Friedman (@JaneFriedman) has nearly 25 years of experience in the media & publishing industry. She is the publisher of The Hot Sheet, the essential newsletter on the publishing industry for authors, and was named Publishing Commentator of the Year by Digital Book World in 2019.
In addition to being a professor with The Great Courses (How to Publish Your Book), she is the author of The Business of Being a Writer (University of Chicago Press), which received a starred review from Library Journal.
Jane speaks regularly at conferences and industry events such as Digital Book World and Frankfurt Book Fair, and has served on panels with the National Endowment for the Arts and the Creative Work Fund. Find out more.