The Association of American Publishers released a report today that shows that ebooks have beaten hardcover revenues for the first time. Ebook revenues topped out at $282.3 million YTD while hardcovers hit $229.6. Almost exactly a year ago the tables were turned with ebooks hitting $220 million and hardcovers brushing past $335 million.
The only growth in hardcovers is in the young… → Read More
I’m a full supporter of e-books, e-book devices, and agree (mostly) with this excellent WSJ assessment by Rob Reid of the the e-book business. In short, Reid points out that 10 years ago this month the music industry began prosecuting its users and implementing draconian DRM to stave off an impending piracy revolution. That was the year Napster closed shop and pirates, however briefly, lived in a… → Read More
When you run some of the biggest and best presses in town, it’s hard to imagine them ever going silent. Brian Kibby of McGraw-Hill, well known textbook publisher, would be happy to shut them down tomorrow if the need arose. He doesn’t want to pay the costs of printing, paper, and distribution. He just wants to push the ebook industry into the future. → Read More
My Dad used to take me to Long’s Bookstore on the Ohio State University campus when I was young – I’d say this was during the 1980s and very early 1990s although in my mind these afternoons spent on campus are tinged with a 1970s wash out of color, as if I were remembering my time in Kansas before Oz. We’d rumble through the stacks, picking out used titles from the basement that were beaten and… → Read More
Has the pixel to print tipping point been reached? Last July we reported that Amazon’s Kindle eReader books had surpassed hardcover books in terms of sales, selling 143 Kindle books for every 100 hardcover books. Now that lead also holds for paperbacks with 115 Kindle books sold for every hundred paperbacks.
The statistic for hardcover books itself has doubled, with three times as many Kindle… → Read More
Are books better as standalone, pristine works or as social objects to be modified and commented on by those who read them? We are about to find out. Today, Rethink Books is launching its SocialBooks software which allows publishers to turn their books into iPad apps. The apps makes it possible for readers to share their highlighted text from a book on Twitter or Facebook, along with their… → Read More