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
Two years ago New York Times food critic Amanda Hesser and her co-founder Merrill Stubbs launched Food52 to collect and test recipes in an effort to crowdsource a cookbook. It took 52 weeks to research and write the cookbook, but another full year before it was published. By the time they finished their second cookbook (yet to be published), they were convinced there had to be a better way. And… → Read More
When not destroying the heartland and ripping down the fabric of small town America, Wal-Mart likes to give back to the community. For example, the Arkansas Boys and Girls Club of America, got a $10,000 grant from the giant to buy books, magazines, and most notably, Kindles.
There will be 50 Junior High and High School children involved in Bright Spot. This reading center will contain not only… → Read More
With the announcement of the $99 Ocean Reader Copia Tablet we are entering familiar territory. As you probably remember, netbooks went through the same race to the bottom as ebooks and this Ocean Reader is the first of the lot to hit our shores with any fanfare.
Virgin is looking to expand into the publishing market with a new magazine called “Maverick” that targets the upscale international audience with content on entrepreneurism, technology and travel. The kicker is that Maverick will be an electronic magazine only, first available on iPads and later available on iPhones and Android devices. Unlike other magazine ventures — like WIRED’s dead tree… → Read More
I’ve been thinking a lot about the world that my kids will soon live in. Books will be like vinyl records – clever and beloved artifacts of an analog age, hoarded more for reasons of nostalgia and scarcity than value. I honestly think that the book I’m working on now will be the last physical book I produce and that future books – if anyone lets me write them – will… → Read More
While most prices will be higher – it’s an iPad! Why go slumming? – popular books can hit the $9.99 if need be. Apple takes 30 percent of the sale while the publishers take 70 percent. → Read More
Whenever companies do something inexplicable, the nerd in me always comes back to that scene in Close Encounters of the Third Kind when Richard Dreyfus keeps building models of a mountain, culminating in a huge, muddy mess in his kitchen. Throughout it all he keeps saying “This means something.” Well, the latest molehill into a mountain is the move by Time Inc. and Conde Nast, among… → Read More
In an effort to beat this Kindle horse closer to pulp, I present an excellent essay by Ed Champion, a guy who knows publishing. He points out that the publishing industry is stuck in one or two models that just don’t work and things need to change. First, he brings up three interesting examples: Valve offering its hit Left 4 Dead for half-price over President’s Day Weekend and improving sales… → Read More