Tuesday, November 08, 2005

The Name Blame: Authors Take Aliases To Cover Up Flops

Secret Agent #6 notes that the Wall Street Journal has spilled the beans:

Reed Farrel Coleman had six mystery books under his belt but sales were steadily weakening. His then-agent made a startling suggestion, he says: Take a new name.

Mr. Coleman, or as he's now known, Tony Spinosa, says he's just "doing what the market expects me to do: Play the game." The first book in his new series, "Hose Monkey," will be out next October, published by Bleak House Books. "Do I have some bitterness?" he asks. "Yes. But what good will it do me?"

Now that retailers can track books sales speedily and efficiently with point-of-sale technology, the entire publishing world knows when an author's commercial performance takes a dive. For these unfortunate scribblers, such a sales record makes it hard to get good advances and big orders from bookstores. So some are adopting an unusual strategy: adopting an alias -- even one of the opposite sex.

Two decades ago, the book industry largely relied on guesswork as it decided what to publish and sell. Editors could keep promoting promising authors, even if sales were weak. When they finally wrote a "breakout" title, their catalog of older books would become valuable.

These days, publishing veterans talk about "the death spiral" of authors' careers. A first novel generates terrific reviews and good sales, but with each succeeding book, sales get weaker and the chains cut their orders until they don't stock any at all.

"You're only as good as your last book's sales to much of the retail market," says New York literary agent Richard Pine, a principal in Inkwell Management LLC...

As usual, being the trendsetters we are we discussed this idea nine months ago, but now that everyone's doing it, it may be time to revisit the topic.