Phexix & Phenix Literary Publicists Acquired in Management-Led Buyout
Austin, Texas - June 30, 2005 - Phenix & Phenix Literary Publicists, Inc., a top media relations firm specializing in literary publicity for authors, announced today that it has been acquired in a management-led buyout. The buyer, BookPros, LLC, will assume operations of P&P under the BookPros branding identity
It's a printer for self-publishers.We are an independent publisher dedicated to working with self-established authors just like you. Each year, we carefully select and publish a number of titles which are then distributed through Ingram Book Group and Baker & Taylor, two of the nation’s largest wholesale distributors. Having these direct distribution relationships will allow you to keep your inventories low so you can devote more of your time and resources to promoting your book.
Out of the hundreds of "bestsellers" a year, their PR company claims two...out of how many clients? How many of those 25 are POD? Versus how many of their clients?Additionally, each Bridgeway Books author receives a full service national publicity campaign spearheaded by Phenix & Phenix Literary Publicists, one of the nation’s top book publicity firms. With 25 bestsellers over its thirteen year history, P&P has the insider know-how to managing a successful campaign.
[FONT="]We have a list of references we would be happy to provide to authors whose books make it through our media analysis process, so send us your title or visit our website, http://www.bookpros.com, for more information.[/FONT]
LGroh:
BookPros is an author-funded traditional publisher, meaning that we offer authors comprehensive, top-of-the line editing, design, publishing, distribution, printing, and publicity services to launch their books.
LGroh:
Each of our authors prints a minimum number of books offset, as dictated by the projections of their distributor.
LGroh:
Our clients pay the production, publishing, printing, and other costs associated with getting their book ready, and they retain 100% of the rights and royalties of the finished product.
LGroh:
This means that, as a publisher, we do not take a cut of the royalties from sales, nor do we own any of the rights to the books themselves. So when a publisher like McGraw Hill approaches one of our clients to purchase publishing rights to their book (as recently happened to Margie Warrell, a Synergy Books client and author of "Find Your Courage! Unleash Your Full Potential and Live the Life You Really Want"), they are free to enter into a new agreement, no strings attached.
LGroh:
Our model is intended to give authors the opportunity to have their books designed, distributed, published and promoted on the same level as any commercial publisher, so they too have the chance to compete in this highly competitive and overly saturated market.
First off, it's great to see so many people doing their research! In our daily conversations with authors from the U.S. and around the world, we often find a great deal of misinformation and a general lack of understanding of the realities of publishing. As Marketing Director for MSB Media Group, parent company to both BookPros and Phenix & Phenix (yes, they are separate companies), I'd like to take this opportunity to answer some of the questions that have been posted in this thread.
Let me start by explaining a bit more about our business model. BookPros is an author-funded traditional publisher, meaning that we offer authors comprehensive, top-of-the line editing, design, publishing, distribution, printing, and publicity services to launch their books. Our imprints, Bridgeway Books, Synergy Books, and Ovation Books, are each aligned with a different distributor (Ingram and Baker & Taylor, Midpoint Trade Books, and National Book Network, respectively)—BookPros is not a Print-On-Demand (POD) company.
Each of our authors prints a minimum number of books offset, as dictated by the projections of their distributor. When we began publishing in 2004 with the Turnkey Press imprint, we attempted to make the POD model work (which, by the way, is solely a means of printing and distribution—it has nothing to do with actually publishing a book), but quickly realized the lack of distribution and availability within the market made promoting POD books successfully almost impossible.
As a result, we overhauled our model to create the company we are today. Our clients pay the production, publishing, printing, and other costs associated with getting their book ready, and they retain 100% of the rights and royalties of the finished product. This means that, as a publisher, we do not take a cut of the royalties from sales, nor do we own any of the rights to the books themselves. So when a publisher like McGraw Hill approaches one of our clients to purchase publishing rights to their book (as recently happened to Margie Warrell, a Synergy Books client and author of "Find Your Courage! Unleash Your Full Potential and Live the Life You Really Want"), they are free to enter into a new agreement, no strings attached.
Our model is intended to give authors the opportunity to have their books designed, distributed, published and promoted on the same level as any commercial publisher, so they too have the chance to compete in this highly competitive and overly saturated market.
In response to Batgirl's post regarding advertising for Jayel Gibson's series, BookPros does not purchase advertising on behalf of our clients, but some of our clients choose to purchase advertising for themselves. As a company, we find significantly more value in strong promotion and the third-party credibility that comes with media exposure, which is why each of our titles launches with a full service publicity campaign conducted by our sister company, Phenix & Phenix Literary Publicists. P&P is widely regarded as one of the top literary publicity firms in the country and regularly works with publishers like Thomas Nelson, St. Martin's Press, Zondervan, and many others.
I hope this answers the various questions posted here—if not, please visit our websites for more information (www.bookpros.com and www.phenixpublicity.com), or feel free to contact me with any additional questions you have, at [email protected].
Interesting that some hard questions were asked and now there's only silence.
Interesting too that the single posts from asammons and LGroh have similar beginnings even though they're nearly three years apart. That's just "great."
Well, perhaps it's just a coincidence...
LGroh:
The general public would define "traditional publishing" based solely on the publisher paying the author for the right to publish his or her book—but the moniker also implies a certain level of production quality, distribution, and promotional support. Similarly, the term "self-publishing" really only indicates who is paying the bill—the author—but carries with it a stigma of poor quality and no distribution or promotional support (in other words, "vanity publishing").
LGroh:
I appreciate your questions, and would be happy to discuss them further if you'd like to contact me directly