Friday, May 7, 2010

Tate Publishing is beating the odds

I was reading an online article on The New Yorker website called Publish or Perish: Can the iPad topple the Kindle, and save the book business? It's an excellent article about the iPad, the Kindle and the fight to save the publishing industry. But there was an interesting line towards the beginning of the piece that grabbed my attention. It says:

"Between 2002 and 2008, annual sales had grown just 1.6 per cent, and profit margins were shrinking. Like other struggling businesses, publishers had slashed expenditures, laying off editors and publicists and taking fewer chances on unknown writers."

I have been with Tate Publishing since the beginning of 2004, so I've been working in this industry for most of the time period mentioned in this quote. And what's amazing to me is that Tate Publishing is doing the exact opposite of that quote point for point.

In the last three years, Tate Publishing has seen growth in sales at almost 200 percent. Our staff has consistently grown each year from a group of six to a staff of almost 150 (and an majority of the employee interviews we do are to fill newly created positions—not fill a current position vacated because of someone else leaving). And everyday we're looking for first-time unknown authors.

It's amazing to come to work each day and know that you're beating the odds, that what you're doing is changing the industry—for the better! I'm thankful each day for the talented staff we have and the hard-working authors we partner with that make it all possible. Check out www.tatepublishing.com for more info.