What’s wrong with print?

Struggling to extract maximum return on investment, print media are now the paper equivalent of Reality TV. Cheap content fills the space between ads, but doesn’t really meet travelers’ needs.

Newspapers & Magazines
In the 1950s, professional magazine writers could earn US$1 a word for their work—and a house could be bought for $5000.

In the 1990s, writers were still looking at $1 a word as the standard, but the same house cost $250,000What went wrong?
In the 1950s print media—newspapers, magazines and books—ruled supreme, challenged only by radio as a communications medium. Then came television, increased literacy, decreased publication costs, and a flood of new magazines. Independent magazines were bought up by publishing conglomerates, and the tenor of the editorial office took on a more hard-nosed business-like note.

By the end of the century, the traditional print media marketplace was highly competitive, and keeping costs low and the bottom line high was the rule. Business managers kept intense pressure on editors to produce best-sellers at the lowest possible cost.

Writers, unable or unwilling to publish their work themselves, worked ever harder for decreasing returns.

Guidebooks
Eugene Fodor, Temple Fielding, Arthur Frommer, Rick Steves, Tony and Maureen Wheeler (Lonely Planet), Harvard Student Agencies (Let’s Go): they all started by publishing their own guidebooks to destinations they loved, and those initial books grew into world-renowned guidebook series.

Publishing your own guidebook profitably can still be done today, but it’s far more difficult. These well-known series grew up with world tourism, expanding the load on bookshelves in tandem with the increase in the number of travelers. Now the bookshelves are stuffed with good titles, the long post-oil-crisis economic boom is over, terrorism threats are crimping world tourism, and competition for readers is fierce.

Until the 1990s, many of these series paid royalties to authors, who could make a good living from their work. But with increased competition and the acquisition of these series by publishing conglomerates, the same bottom-line pressures put on magazines and newspapers have come to guidebooks.

Freelance authors, not being part of editorial-office culture, are seen as the easiest targets for cost-cutting.

Royalty contracts, which provided powerful incentive to writers, are almost a thing of the past (and the ones now signed are often disadvantageous for the writer). In place of lucrative royalty contracts, publishers now demand restrictive work-for-hire contracts prescribing low fees and high liability for the writer.

As the Let’s Go series proved, talented young tyro authors will work for virtually nothing in exchange for the opportunity to travel and to see their words in print. Given the choice between paying an experienced professional author a lot and paying a tyro little, an editor will always choose the latter.

Bright Future?
One door closes, another opens: the Internet offers publication and worldwide distribution costs so low as to be unimaginable in the world of print media. Self-publishing of travel information is now easier than it ever has been.

This entry was posted in travel website. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *