I can't help it that you live in a third world country!This is what I hate about ebooks. I can easily buy *ANY DAMN BOOK I WANT* from any place in the world (with international shipping), but in this brave new world of electronic publishing there are countless barriers. Fuck that shit.
Please god no. Maybe if its like Steam...Books will become like a Apps Marketplace. I am all for it. Besides, people will weed out the bad stuff.
Yes, but I thought publishers were analogous to record labels or movie studios...they allow the book to happen in the first place by providing production assistance and funding
Logo on the spine? We're talking about the digital distribution future here.
Self-published books face these issues:
-"If it's self-published it means it was rejected by the big publishers which means it probably isn't any good." If we move to a self-publishing status quo that will be addressed.
-Lack of consumer awareness. Big publishers will support something they pick up, spend money marketing it. However since they're shouldering that burden and taking risk, they get almost all of the reward when it's a success. In a digital self-publishing ecosystem, other mechanics are in place to get eyeballs on products, like consumer ratings and marketplace spotlights and sales, as it is for digital distro apps/games.
-Quality control. I'm not too concerned, given what already gets published by big corporate at the moment.
I agree with this but I'm concerned with a loss of a preferred reading style. E-books & physical books are pretty different from each other and it would be a shame if the only way futre books are made is simply in electronic form. The only reason why i like e-books now is because of Kindle's screen. I hate reading on a backlit screen or monitor.I always wonder why a loss of jobs is a valid argument for hindering societal progress. There will be new, different jobs created somewhere else. We shouldn't hold society back for fear of unemployment.
I always wonder why a loss of jobs is a valid argument for hindering societal progress. There will be new, different jobs created somewhere else. We shouldn't hold society back for fear of unemployment.
That entire article contained only two fleeting references to Apple.
They should make a Netflix for books
Or maybe Spotify
Amazon could become a publisher and do all this.
So Amazon, pretty much since they started selling books, has been selling them for razor thin or zero margin. We sell them books at 50% of the retail price. Youll notice that popular books are usually selling for more than 50% off. So theyre actually losing money on them. For years Borders and Barnes and Noble maintained that this was unsustainable, but the tactic succeeded in putting Borders out of business, putting BN on the ropes, and destroying hundreds of indie stores. It also lowered customers perception of what a book *should* cost.
When ebooks started, we were pricing ebooks at the same price as the print book, and Amazon was selling them all for $9.99. So they were losing like $3-$4 per book. And they werent doing it simply to move Kindles, since they dont actually make any money on the Kindle unit sales. Now with the agency model we get to set the ebook price and Amazon simply takes 30% of that.
We all kinda assumed that Amazon was either using books as a loss leader for other things (like getting people to sign up for Prime or simply gathering customer data), or was maybe planning on raising the prices they sell books for once BN and Borders were eliminated as competition. But I think they actually intend to keep print books at their current prices, and they want ebooks to be even cheaper. What theyre actually targeting is the publishers margin.
Long-term theres no future in printed books. Theyll be like vinyl: pricey and for collectors only. 95% of people will read digitally. Everybody in publishing knows this but most are in denial about it because moving to becoming a digital company means laying off like 40% of our staffs. And the barriers to entry fall, too. We simply dont want to think about it.
Amazon is thinking about it, though, and theyre targeting the publishers directly.
Publishers like to pretend that we make our money from discovering unknown talents for small advances and selling millions of their books. Thats a very small part of our business. The bestselling books are all written by celebs, by people with huge platforms, by fiction writers with a long history of bestselling books, or by people who do a proposal thats on its surface brilliant. In short, theres a bidding war among the publishers over the big books. We all know what the good books areit all comes down to how much of an advance were willing to pay for them. The hotly fought-for books are the ones that sell. And while we might not make huge profit % on these, we make big profit $ on these. They keep the lights on by covering overhead. Better to cover our fixed costs by going all in on a few big books than trying to buy dozens of mid-list books.
But in recent years, as book sales have declined, the advances for the biggest books have gone down proportionally, too. What used to be a $1 million book is now a $400,000 book. Publishers are thinking, OK, well move less copies but well pay less for them, so well survive. Enter Amazons print publishing arm. They hired this guy Larry Kirshbaum to run ithes a savvy vet with 30+ years of publishing experienceand they have some editors, too. And theyve been paying a ton of money for books.
I saw this [redacted] proposal a few weeks back. It was okay[same redacted author] is an asshole but [redacted] has a certain following and it would probably be a bestseller. Bestseller now means selling 20,000 copies, so I was thinking of offering like [hundreds of thousand] for it. But Amazon had already bid $1 million for it. A similar thing happened with a [redacted] memoir a few months back. Traditional publishers are snickering, Look at stupid Amazonoverpaying for books!
But Amazon isnt stupid. Theyre overpaying intentionally to keep advances high (and high advances will bankrupt publishers). And theyre also taking away all the authors who actually move units. They gave Seth Godin really favorable terms on a deal. Only a matter of time before they snag a James Patterson or some other big genre fiction name.
We cant pay $1 million for books anymore. Amazon could probably afford to lose $20 million/year in their publishing arm just to put the other publishers out of business. I think thats what theyre trying to dothrow money around in an industry that doesnt have any, until Amazon becomes not only the only place where you buy books, but the only place that publishes books, too.
So rather than getting a 30% of an ebook (with the other 70% being split between the publisher and author), theyll be getting a 70% cut (with the other 30% going right to the author). Funny thing is that its actually better for authors.
To be honest, publishing is a quaint little industry based on romance and low profit margins. But now were in Amazons sights, and theyre going to kill us.
Amazon could become a publisher and do all this.
And that is the major concern. That they would literally become the only game out there.
That's why you don't fight Amazon. You compete with them.
Barnes & Noble, the giant that helped put so many independent booksellers out of business and that now finds itself locked in the fight of its life.
Because they are a very minior player in the ebook world. Yeah they sell a lot of ipads, but iBooks is not doing all that great. Most people use the kindle app on the iPad that I know.That entire article contained only two fleeting references to Apple.
I'm going through the top paid books list and both seem to have mostly similar prices. I'm not a typical book consumer either though other than college textbooks.I'll admit I don't have my finger on the pulse of your typical book consumer, but people I've talked to have the opinion that iBooks are a ripoff compared to B&N/Amazon e-books.
Plus, e-ink. Honestly, I would think hard about an e-ink iPad.
Uh, isn't that the same thing?
Printing books is expensive, and you need to print a large supply of them before you know whether they will sell, then distribute them to thousands of locations around the world.
Abandon print, and risk decreases tremendously while margins increase tremendously, but it's too drastic a change in business model for the current publishers, so they're probably screwed.
Wall Street howled, and Barnes & Noble’s stock still hasn’t fully recovered. A bit of good news for the company is that, thanks to the Nook, it’s been grabbing e-book business from Amazon. Mr. Lynch said Barnes & Noble now held about 27 percent of the market, a number that publishers confirm gleefully. Amazon has at least 60 percent.
That's only because they've tried and lost that fight.But they are not fighting ebooks. .
That's only because they've tried and lost that fight.
Printing books is expensive, and you need to print a large supply of them before you know whether they will sell, then distribute them to thousands of locations around the world.
Abandon print, and risk decreases tremendously while margins increase tremendously, but it's too drastic a change in business model for the current publishers, so they're probably screwed.
I can't see Amazon wanting their model across the whole business. They may do a deal with Stephen King, but there are a bunch of A list writers out there at any given time and they will not sign with all of them nor will the writers accept what they give to average Joe writer out there.But they are not fighting ebooks. The publishers just want both to exist and they were actually happy that the Nook is doing well. The real danger is that if B&N and publishers all go away Amazon will have a monopoly on both publishing and retail.
Way to selectively quote and miss the whole point of not wanting a monopoly.
I can't see Amazon wanting their model across the whole business. They may do a deal with Stephen King, but there are a bunch of A list writers out there at any given time and they will not sign with all of them nor will the writers accept what they give to average Joe writer out there.
The publishers will never go away and Barnes & Noble faces as much competition from Walmart- the true enemy of all things retail.
The publishers have to be more humble though.
Meh, if it wasn't for Amazon, I wouldn't have even brought an e-book.
To me, the simple solution is to make the paper books more appealing. For the cost of a paper book at full retail, you get the physical and digital. Otherwise, you are charged a slightly lower rate for the digital.I hope you're right. I just think it'll be better for everyone if there are several big players out there that allow you to buy ebooks. It's the same reason people root for Amazon to succeed in digital music and video, because nobody wants Apple to be the only place where you can get music and movies online.
The difference is you can easily make a digital copy of the physical media (For your personal enjoyment of course) even if the industries don't want you to. It is very difficult to do the same with books without the publisher's help.To be fair, I think the book publishers are doing a much better job of adapting to digital than the movie or recording industry did.
I hope you're right. I just think it'll be better for everyone if there are several big players out there that allow you to buy ebooks. It's the same reason people root for Amazon to succeed in digital music and video, because nobody wants Apple to be the only place where you can get music and movies online.
So if the publishing companies retain all of their current functions (editing, translation, promotion, etc) except for actually printing the physical books should they be called something different?
To me, the simple solution is to make the paper books more appealing. For the cost of a paper book at full retail, you get the physical and digital. Otherwise, you are charged a slightly lower rate for the digital.
I know I'm missing all kinds of data and whatnot about the cons of this model, but I have a hard time seeing this actually hurting the publishers.
When the "middlemen" disappear, you will save a whopping 5% on your books, Amazon will get richer, and unemployment will skyrocket. Win win situation!
I always wonder why a loss of jobs is a valid argument for hindering societal progress. There will be new, different jobs created somewhere else. We shouldn't hold society back for fear of unemployment.
I use iBooks because it's the best way to read books on an iPhone/iPad.
But the problem is, you need to be really far sighted to root for publishers. Short term all publishers are doing is making ebook readers lives miserable. So it's not hard to see how many people find it hard to root for them.
Why have there been a lot of threads with "(NYTIMES)" in the titles?
Like where?
To be blunt, only one word needs to be said:
Automation.
Capitalism is based upon the market requiring human labor to make the wheel go around. With automation, you can cut the human labor portion of it out.
Followed by the following sentence:
The lack of ambition by both parties to have government pick up the slack. (See: Obama's disastrously stupid plan for the space program.)
When the "middlemen" disappear, you will save a whopping 5% on your books, Amazon will get richer, and unemployment will skyrocket. Win win situation!
Font selection man, fonts.There's really not much of a difference between iBooks and the Kindle app.
...a publisher in no way increases quality - it just limits options. They won't publish every manuscript they get and many times it's because of what's already on the market.
Damn, that's some cutthroat stuff right there.Amazon is already a publisher. Everyone interested in this topic should read this:
http://pandodaily.com/2012/01/17/co...n-amazons-sights-and-theyre-going-to-kill-us/