of venerable press says his sector has important role in the defence of free
speech and champions the revival of literary fiction and traditional books!
Faber & Fabers chief executive has called for publishers to
oppose crackdowns on free speech and the rise of so-called fake news. Stephen
Page made his comments after the publisher of TS Eliot; Kazuo Ishiguro and
Costa book of the year winner Sebastian Barry scooped the Frankfurt book
fair independent trade publisher of the year award.
"Publishing has a part to play in this fight. We are about
freedom of expression, making the public aware and [providing] education. These
are things that matter very much now," said Page.
He went on to say that the resurgence in literary fiction, and
in print books that had been losing ground to digital formats, had helped the
publishing house turn around after two tough years. "The digital world has seen
off all sorts of other technologies in music, film and newspapers, but not
books," he said. "Instead it has gifted us a new format that has allowed us to
reach other markets and more readers and also to use social media to spread the
Page said the accolade vindicated Fabers decision to
restructure after running at an operating loss in 2015." "For the last two
years, we have really worked hard to get back to the basics of what were all
about, which is high-quality and literary publishing and also about being
commercial," he said.
Paper books had proved more resilient than other media to the
challenges of digital, he said, because "shopping for books is not like buying
a lightbulb". He added that overcoming the threat of digital had been aided by
high-street bookselling, which had revived in the last two years with a
significant effect on sales of literary fiction. "Rumours of the death of
literary fiction are always exaggerated. But to be a literary publisher three
or four years ago in a market that was heading towards ebooks â which tended to
favour genre â was very tough."
publishing house has benefited from top listings in many of the literary prizes
â as well as Barrys overall Costa win, Faber debut novelist Francis Spufford
scooped the first novel award. Prizes, however, did not necessarily translate
into sales, the CEO said, and Faber had therefore engaged in alternative ways
to market its authors. Ten thousand people had signed up to its members club,
while its creative writing academy had grown in prestige thanks to premium
advances for graduates including novelists SJ Watson (Before I Go To Sleep),
Rachel Joyce (The Unlikely Pilgrimage of Harold Fry) and Laline Paull (The
None of the academy graduates has yet been published by Faber.
Asked if this would change, Page said: "Would I have liked to have published
some of these writers? Of course, but its a creative writing school not a
pipeline." He added that it would be cynical to use the courses to find authors
to fill its lists.
Asked if it was cynical to use aspiring authors as an income
strand, he replied: "I dont understand that argument at all. Serious people
choose to come on [the courses] and a lot of people have succeeded with it."