Category Archives: Publishers & Authors

Surprised why few ebooks cost more than a paperback!!!

Recently I have heard several people complaining that the ebook that they bought on their device was more expensive than the paperback book. The problem lies in the details:

Most of the major publishers have come up with a Agency Model (where publishers define the final price at which retailers can sell the books and Retailers just act like merchant of records ) Which means that the retailers don’t have rights to discount these books similar to what they can do fro print books (most of the print books deals are on wholesale terms – which gives retailers right to discount this further)

Hope all this makes sense to you or may be not but this this how may be publishers are trying to make sure that ebooks do not kill their existing revenues from print books.

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Filed under Book Retailers, Ebook Readers, Ebooks, Publishers & Authors

Wow That was fast: Goodreads planning to acquire Discovereads

Oracle of ebooks

Seems like an oracle moment. yesterday I talked about how anyone working on book discovery/sugegstion piece might potentially make millions. and rumours are already strong that Goodreads is planning of acquiring discoverreads.com to supplement its offering with a powerful suggestion engine.

Full story here on NY Times

 

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Need for a great book discovery tool – Million Dollar Idea

Several articles yesterday on paidcontent and Teleread talked about how important is to have a great book discovery tool and why it might fetch an entrepreneur a fortune.

I can not agree more with the authors that Book Industry has lagged behind music and movie in terms of being able to help users find books that they might want to read based on various factors. The reason for this is that Book Industry has not yet gone beyond collecting basic metadata elements about the books (price, no of pages, author, publisher, year of publication and genre) and used these basic metadata elements to filter down books. But I believe for an effective targeting system to work we would have to collect more granular/soft data about these books like mood of the book, Kind of ending, Male vs Female characters, Era etc that define the content better and thus could be used to effectively match the book to the users mood and taste.

I am sure someone soon would come up with a model to do so. Looking forward to that start-up. Great idea for us also 🙂

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Filed under Ebooks, Publishers & Authors, Publishing Industry Data, Uncategorized

Another Publisher Goes With Apple’s Agency Model – What should Amazon do?

Perseus Book Group (one of the largest distributor of independent publishers) has decided to go with Apple’s Agency model (70-30 split).

Perseus Books Group, a large independent publisher that also distributes works from 330 other smaller presses including Grove Atlantic, Harvard Business School Press,Zagat and City Lights Books, signed a deal last week with Apple, following five of the six biggest publishers that have already signed agreements with Apple.

Complete Story here

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Filed under Amazon Kindle, Apple iPad, Book Retailers, Ebook Readers, Ebooks, Publishers & Authors

Another Author bows to ebook trend – John Grisham

John Grisham, one of the best known thriller author across the globe has finally decided to open up all his backlist of 23 novels in ebook format. Which means that owners of Kindle, Nook, Sony ereader and soon iPad will be able to read all his backlists on their device.

Is this just a small change in the direction of authors working directly working with ebook retailers like (Amazon, Apple, Google , B&N) to launch their books 🙂 My bets are that this is bound to happen in few Genre (Thriller, Romance), where the form factor of ebook readers and laptop give the end users a fine reading experience.

I personally believe that the true inflection point for the ebook industry would come the day J K Rowling decides to make her books available as ebooks 🙂

I have decided to create a list of Authors that decide to go the ebook way.

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Filed under Amazon Kindle, Apple iPad, Book Retailers, Ebook Readers, Ebooks, Nook, Publishers & Authors

Amazon Launches Kindle for Mac

Amazon today launched its kindle app for Mac in its endeavor to become a ebook platform that span across all the devices.

Amazon’s e-book application automatically saves and synchronizes bookmarks and last page read across devices.

Features that will be added to Kindle for Mac in the near future include full-text search and the ability to create and edit notes and highlights.

Full analysis here

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Ebook Pricing War Between Apple and Amazon – Who Will Win Publishers or Amazon

As we all know book publishing industry is going through one of the biggest industry defining change in last 100+ years. When the industry seemed all ready to go ahead with the ebooks (with Amazon successfully launching and selling kindle and kindle books) Apple decide to disrupt the party with its announcement of launch of iBook Store through iPad and by signing Agency model (a pricing mode were publishers decide at what price they want to sell their books to the end users contrary to the normal distribution deal that publishers had with Amazon where publishers sell these books to Amzon at normal discount on list price and Amazon can sell it to publisher at whatever price) deal with Top 5 publishers (all the top except Random House)

The ebook pricing model is going through an interesting time with Apple trying to talk to publisher (both small and big) to go for agency model (which means 70% for publisher & 30%  for retailer split) and get an assurance that they will not sell the same book at a lower price through any other retailer (read Amazon). Amazon on the other hand has made it clear that it is not going to sign Agency model deal with any one except the Top 5 Apple publishers. This has left Publishers in a dilemma.If they go for Agency model with Apple they will not be able to sell through Amazon because Apple deal will not allow them to sell the same ebook at a lower price anywhere else and if they do not sell through Apple then they are increasing the power of Amazon even more.

The solution to this stalemate is

1. Apple becomes more flexible and decides to have a mix of both Agency and normal wholesale model (offer similar revenue split for agency and normal wholesale model i.e. 70%/30%)

2. or Amazon is fine with Publishers doing Agency agreement for ebooks sales.

Next few months are going to be really interesting as Amazon will try its best to use its clout in print books to arm twist mid and small publishers in staying away from Agency model and Apple will try its best to make its ebook offering best by having as many publishers in the program as possible. The third big player in this game is Google. It will interesting to see which way will Google go with its Google Editions offering.

Lets wait and watch and enjoy the game. My bets are on Amazon 🙂

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Filed under Book Retailers, Ebook Readers, Ebooks, Publishers & Authors