From The New York Times:
When the Pulitzer Prize-winning playwright and author David Mamet released his last book, “The Secret Knowledge: On the Dismantling of American Culture,” with the Sentinel publishing house in 2011, it sold well enough to make the New York Times best-seller list.
This year, when Mr. Mamet set out to publish his next one, a novella and two short stories about war, he decided to take a very different path: he will self-publish.
Mr. Mamet is taking advantage of a new service being offered by his literary agency, ICM Partners, as a way to assume more control over the way his book is promoted.
“Basically I am doing this because I am a curmudgeon,” Mr. Mamet said in a telephone interview, “and because publishing is like Hollywood — nobody ever does the marketing they promise.”
. . . .
Sloan Harris, co-director of ICM’s literary department, said his agency signed a deal with a company called Argo Navis Author Services, a self-publishing service created by the Perseus Book Group, because he decided it was time to give his clients more options than the standard big publishing houses.
For certain clients, Mr. Harris said, self-publishing “returns a degree of control to authors who have been frustrated about how their ideas for marketing and publicity fare at traditional publishers.” Both Mr. Harris and Mr. Mamet said that the big publishers focused mostly on blockbuster books and fell short on other titles — by publishing too few copies, for instance, or limiting advertising to only a short period after a book was released.
“Particularly for high-end literary fiction, their efforts too often have been very low-octane,” Mr. Harris said of the traditional publishers.
. . . .
If an author self-publishes, what, then, is the role of a literary agency? Mr. Gottlieb of Trident said it made sense for his clients to self-publish through the agency, which charges a standard commission on sales, instead of going directly to Amazon themselves because the agency brought experience in marketing and jacket design. It also has relationships with the digital publishers that give their clients access to plum placement on sites that self-published authors can’t obtain on their own.
. . . .
Argo Navis’s standard deal, for example, allows for publication digitally and in paperback by demand, as well as distribution, in return for 30 percent of all sales. (It would not be unusual, however, for a big author using an agent to negotiate better terms.) The deal also comes with basic marketing, like listings in digital catalogs.
Link to the rest at The New York Times and thanks to Robin for the tip.