Allan Kornblum on How to Publish in a Recession
Scott Esposito’s series on independent presses in the recession continues with a look at Coffee House and its founder, Allan Kornblum:
SE: How sensitive is Coffee House to unexpected changes in grants and donations? For instance, if some of your expected grants got stuck in limbo due to budget cuts and freezes, would this force you to postpone titles?
AK: At one point Coffee House income was 60% donated and 40% earned. During the last two years, those percentages have flipped—not because of a drop in donated (which has been flat) but because of an increase in earned income. I know we’re in a world-wide recession—it’s not just a US problem. But between US sales and translation rights sales, we think we can continue to build on our recent growth in earned income. But whenever I say things like that, I have to remind myself and my listener that you have to have an “optimism gene” somewhere in your emotional make-up to be a publisher. I try to cock my head, get some distance, and coldly evaluate our books and the marketplace, and I think I’ve done that and I still think we can continue to improve our earned income. Time will tell if the idealistic part of my personality has fooled my realistic side. But to answer your question—for the moment, we believe we will be able to live up to all the commitments we’ve made to authors. If the recession drags on longer than anticipated, we’ll have to reassess our resources and our plans.
And his bit about the difference between corporate publishers and presses like Coffee House is spot on:
As a nonprofit, our mission is to serve the public good. Survival is a key part of serving the public good, but we’re not under pressure to make the same kind of margins as a for-profit house must make to serve both of its missions. And expectations are different—our authors don’t expect to be picked up at the airport in a limo when they tour. They sleep on couches in the homes of friends, not at the Hilton, when they give readings. And we don’t get into pissing contests with our peers, bidding up celebrity memoirs so a competitor won’t get it. But all that being said, we’re all at the mercy of the moods of the booksellers.