Canelo / Arts Council England
Canelo / Arts Council England |
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Literature in the 21st Century report
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- 4. Emerging Models of Support
Canelo / Arts Council England |
48 Literature in the 21st Century: Understanding Models of Support for Literary Fiction Here then could be a new model of support – a simple way for writers to better support one another on all levels. What it suggests is that if literary writing is to thrive, it has be willing to think anew about what models of support are available and possible.
Digital technology doesn’t simply mean the stable rise of ebooks. It allows for new kinds of writing; it promises (or threatens) to bypass all the traditional gatekeepers attendant on literature; it allows for new funding models, new kinds of sharing and new forms of collaborative, interactive and multimedia experiences. If we think of digital as ebooks on the Kindle and a few marketing tweets, then we have radically underestimated its potential. But does this really come through for literary fiction? How much of it might be hype? One area that promises to establish a new way of supporting writing is crowdfunding. This inverts the principle of the risk attached in publishing a work by getting enough people to pledge to buy it in advance that the publication can be supported. It means that if a sufficient audience is found, then publication is guaranteed. Enabled by the network, which can bring together enough people within small niches to make things work, crowd funding holds out the promise of making a reality the kind of difficult and risky ventures a traditional publisher might feel uncomfortable with. Kickstarter was one of the earliest sites to work on the crowdfunding model and remains one of the biggest. With a total of $3.3bn pledged through the site, it must rank as one of the world’s largest sources of arts funding. Within the specific Publishing segment there are notable success stories. The most backed Publishing project, Good Night
most funded hit $675,614. There is a deep long tail of Publishing projects to have secured over $100,000. Publishing is second in the number of projects launched on Kickstarter but that failed to find funding (27,092) after Film and Video, but the third in the list of most funded projects behind Music and Film and Video with 11,986 successfully funded projects. These have a 30.6% chance of getting funded, less than the site average of 36%. However, in total funding Publishing comes 7th out of 15 with $129m. The top category in terms of funding is Games with $726m of funding. So although far from the biggest, Publishing has a very respectable record. Furthermore, although many of the projects are far from literary fiction, there are numerous examples of unequivocally literary material taking it through. The Kickstarter pledger is a diverse animal and for those writers with the skills and dedication to mount a successful campaign it can pay off.
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