Wow, sun is actually pouring across the lawn and into the living room. Pouring. I’m seeing colours in my house that I haven’t seen since last summer. It makes it look like spring out there. So I’m going to scramble into some can-be-seen-in-public clothes and get myself to the park. Then K and I will have lunch.
To entertain you meanwhile, here are a few bits of publishing news.
One from PW.com about Amazon tightening the screws on the competition. “Amazon’s newest shot to keep e-book prices low and to develop more original content is a new royalty program that will give authors and publishers who use the company’s self-publishing Kindle Digital Text Platform a much higher rate that standard royalties. Under the program, which goes into affect June 30, authors or publisher who choose the new 70% royalty option will receive 70% of list price, net of delivery costs on all e-books sold. The new option will be in addition to the existing DTP standard royalty option.”
One from Mike Shatzkin who explains how the big disruption ahead in ereading isn’t going to be Apple’s iSlate/Unicorn, but the agreement they’re hamming out with the Big Six (the huge trade publishers: Random House, HarperCollins, Hachette Book Group, Simon & Schuster, Penguin, and Macmillan) which will change the rules for the rest of us. “If the reporting by Publishers Lunch today is accurate (and I’ve never known it not to be), publishers may have used the entry of Apple into the ebook arena as an opportunity to change the entire paradigm of ebook distribution for major books. And while the great excitement about Apple and ebooks has been based on hopes that the new Apple Tablet that the world expects to be announced next week will add a lot of new ebook consumers, the change in the sales protocols will probably have a much more profound impact on the ebook market than the device. Or at least that’s how it looks from here.”
And finally, a nice piece of news, again from PW.com, about how young people’s book-reading is staying steady, showing no decline. Yay! “A new report released by the Kaiser Family Foundatioin on media usage found some relatively good news for book publishers amid findings that generally determined that 8-to-18 year-olds are consuming more digital media than ever. According to Generation M, total media usage by that age group rose to seven hours and 38 minutes per day in 2009 from six hours and 21 minutes in 2004. Time spent with digital media rose in all categories, while the use of print media fell from an average of 43 minutes per day in 2004 to 38 minutes in 2009. The decline in reading print was due entirely to young people spending less time with magazines and newspapers over the last five years, while the time spent reading remained steady at about 25 minutes per day.”
Play nicely while I’m gone.
Paul Constant has a comment about Amazon's new model, too – http://slog.thestranger.com/slog/archives/2010/01/20/shits-getting-real
Hooray for sun!
Good to hear you went to the park!
Exciting things/changes afoot. iTunes distribution was the biggest thing that made the iPod a hit. Amazon has that going with the Kindle. It's going to be very interesting to see what Apple will do with the ebooks. I agree with Shatzkin that the iSlate (or whatever) will not be the ideal ebook reader, but we'll see what happens. Seems like it will be good for writers. But that comment he made about smaller publishers didn't sound too good.
I've also heard rumors that Apple is doing some new stuff with the AppleTV box, and that they are negotiating for a new model for subscription TV via iTunes. And am looking forward to that too.
Lots of rain in SoCal this week with the biggest storm yet coming in now. Too much for the system to handle. Mudslides and flooding in the works.
Jill, thanks for that link. I agree that booksellers need to start figuring out the third place thing or fade (not so slowly) into the west.
jennifer, the park was lovely: brilliant with sunshine, and the sound and mountains and clouds over the peninsula all a louring slate blue. Gave me the shivers.
This summer the fight is on: Apple vs. Amazon vs. Google.
Yes, Google too. Finally some competition!
The Amazon offer of 70% to authors may have something to do with the fact that Smashwords is offering ebook distribution through Barnes & Noble and Fictionwise, markets which are closed to micro-publishers, as well as Kobo (formerly Shortcovers) and others. And Smashwords gives the author/publisher close to 85% vs Amazon's 35%. Smashwords also offers ebooks in Kindle format, which could steal authors away from Amazon. I receive $3.50 for a $9.99 book on Amazon, vs $7.99 from Smashwords.