Leaver Leaves Frankfurt, And Having Left, Moves On

They say that your name is your destiny. So, if you're going to be named Leaver, you owe it to the gods to leave something, and Marcus Leaver, President of Sterling Publishing, is leaving something: the Frankfurt Book Fair.

Der Frankfurter Buchmesse is the international publishing community's biggest annual trade show and a major station on the industry's Via Voluptuosa. Thus, for a significant publisher to pull out - Sterling is a wholly owned subsidiary of Barnes & Noble - is momentous. "I'm not going to Frankfurt," Leaver declared flatly. He'll send a "very reduced team" - call it a skeleton crew? - to the Octoberfest, but as far as he's concerned, "The trade show is over."

Leaver's ukase, uttered at the recent and appropriately named Making Information Pay conference, heralded a reallocation of the company's capital. As reported by Believers Press and by Jim Milliott of Publishers Weekly, Sterling has "taken about $1 million out of our trade show, exhibition and sales conference budget" and "increased our title-by-title marketing spend 33% in a year."

Sterling wasn't the only publisher to announce withdrawal from trade shows. Dominique Raccah, the innovative CEO of Chicago-based Sourcebooks, announced at the same conference that she was cutting her trade show budget by a quarter of a million dollars, pushing her company in the direction of "a complete xml workflow."

Another precinct heard from was Simon & Schuster. The firm's CEO, Caroline Reidy, discussing S&S's latest earnings performance, stated that "we have definitely looked at our participation in trade shows" and are "cutting back dramatically our booth and participation at Frankfurt." She also hinted that the London Book Fair might be a target of cost-cutting: "participation there is being scrutinized as well," she said.

Another capital-intensive practice on the chopping block for a number of publishers is paper catalogues, and though we're all trying to enter the digital age unflinchingly, the disappearance of catalogues will be more wrenching than many other uprootings. Catalogues have long been the most familiar tool for introducing the bookstore trade to publishers' front- and backlists. They are not merely informational and often beautiful but they are a publisher's face to the world, its very identity. Even the spelling of "catalogue", despite Microsoft spellcheck's insistence on dropping the "ue", bespeaks a stubborn and beloved tradition. Be that as it may, Sterling's Leaver has lost his emotional attachment for paper catalogues, saying " "it just wasn't efficient so we've stopped doing that and it feels good." Like a number of other publishers, notably Hachette, Sterling will ditch paper catalogues for digital ones.

The digital book catalogue is a relatively untested medium and the vote to embrace it is by no means unanimous among trade publishers. A recent initiative on the subject spearheaded by Hachette's David Young was met with many polite nods but few are falling all over themselves to switch out of paper, however costly catalogues may be to produce and mail.

As long as Leaver is leaving things, he's casting an eye on author tours. Virtual tours and "webinars" are now the way to send authors out without having to leave the comforts of home (or spend a lot of money on travel bookings). "We're reaching a large market this way," he said. Raccah echoed his sentiment. "Raccah is also hugely energized by emerging digital landscape," reports Publishers Lunch.

"'In the big picture, we're creating new approaches to content,' she said. They are creating 23 iPhone apps, three of which have already been released and should be in the black before the end of the year. She spoke about 'unbundling our services' and becoming 'custom' everything' noting that 'the customer will tell you how they want to buy something.' She underscored that there is a 'tremendous opportunity for partnerships everywhere--the world just got a whole lot bigger.'"

In the cascading collapse of cherished traditions created by digital disintermediation, tangible goods like books and catalogues aren't the only victims; time and space are being reconfigured as well. For those who have not yet shifted their heads and hearts to the virtual dimension, this is a time of intense discomfort and even fear. The oft-cited analogy to the social disruption caused by the introduction of automobiles to a horse-and-buggy world is apt, but it's no comfort to know that after a painful period of adjustment the world finally got used to it.

Richard Curtis