I have web-only clients paying $1+ a word and my print outlets top out at $3. Amid all the handwringing, I -- and a dozen other salty veterans I know -- had record profits in 2011. The previous year, 193 new magazines launched, according to Mediafinder, offsetting 176 closures, including the much-loved Gourmet. How exactly do these numbers crunch into the Death Of The Literary World all the headlines keep screaming about? Or is the hysteria just a convenient way to keep suckering new talent into taking peanut pay?
Yes, the turbulence is scary, and very talented people and publications are still struggling out there, which breaks my heart. But some outlets are finding ways to support professional authors with grace. I hope The Atlantic finds a way to number among them.
|Times they are a'changing. Keep calm and carry on.|