Every author wants to work with a major New York publishing house, and no author I've met would turn down a publishing contract from, say, a Random House or a Penguin. That said, there are so many circumstances under which authors should, and do, self publish their books. The news from Bookseller.com about the fact that John Wiley is laying off 45 employees in the United Kingdom just drives the point home.
According to the article, Wiley hasn't yet disclosed (or perhaps even decided) which of its 45 employees will be out of work. But let's say that you're a Wiley author. One of those 45 employees could be your editor. Another might be your in-house book publicist. You could be editorially "orphaned" and left without a book promotion campaign all in one click of an accountant's mouse (provided the accountant in question isn't the one who would have been signing your royalty checks).
It's discouraging for authors to rely on publishers. When an author/publisher relationship goes swimmingly well, life can be fantastic. But when a publisher is facing economic hardship and making changes that can affect their authors, perhaps it's time for those authors to think about self publishing their next books. And perhaps, whether or not their publishers are downsizing, it's time for many authors to consider hiring their own outside book promotion firm. Publishers all seem to be putting less money into book promotion these days...which is not something that authors want to hear, but unfortunately, it's the truth. For now. Better times are coming, I have to believe.
