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09-07-2012, 09:21 AM | #31 |
Seriously?
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09-07-2012, 10:43 AM | #32 |
The Dank Side of the Moon
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09-07-2012, 11:48 AM | #33 | |
Seriously?
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Quote:
Will be interesting to see how it plays out. |
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09-07-2012, 01:58 PM | #34 | |
Wizard
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Outstanding post and right on the money!
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09-07-2012, 02:18 PM | #35 | |
DRM hater
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If DRM went away, we'd actually have a fair market where companies could compete with each other on price and service - how markets are SUPPOSED to work. You could buy your book from whatever company had the better price, or that you preferred to do business with. |
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09-08-2012, 01:55 PM | #36 |
occasional author
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These are all approximate costs, but I think realistic in time.
A new digital book (fiction) should normally cost $9.99. In 2 years, the cost of the 9.99 book should be no more than 7.99. (This is because there is not a used market.) Exceptions for the above would be 1. If it is a really greatly anticipated book and then for the first year it should cost as much as the market will bear. Also it might be a very large book. Or a great author. 2. If it is an author trying to get a build up acceptance and their name and willing to cut prices in order to gain a following. ((Remember, no trees are involved in printing these books, no printing presses or binding, very little shipping costs. Yes editing, writing, merchandising, advertising, etc., still go into the book, but the great material costs go way down.)) For non fiction there are other factors so I am not so sure of the pricing. I could see good non fiction books maintaining their price for years even if sales aren't high. Again, a different situation. Now after I have said the above I will say this. Any author, or publisher, or book seller can price their books at any price even if the price exceeds any reasonable logic. At least they can in America. However if Amazon wants to buy their $19.99 book and sell it for $9.99 it has a right to do that too. Personally I wouldn't do it, but then I am not as smart and rich as Jeff Bezos. |
09-09-2012, 02:52 AM | #37 |
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Might not be $9.99, but at least there will be price competition, which we haven't had with the advent of the MFN clause, which is banned for 5 years. Yes, I remember all the silly boycotts--silly because Amazon never said all books would be $9.99, but just that NYT Best Sellers would be that price, and I think they did usually fall to that price once they made the bestseller list.
Price competition is good for consumers. Remember Under the Dome - that book fell to $7.00 before Amazon, Target and Wallmart were through. I think the reinstitution of price competition will serve to cement Amazon's dominance with the kindle. Not only is the kindle widely available, you can bet Amazon will match anyone on price. One of my collegues (who is everything Apple) said this is a sad day for the quality of books. I understand that this decision may end author advances, but authors should still be able to make money. And given that Fifty Shades has been at the top of the NYT bestseller list for a long time, I think we can say that agency pricing is not a barometer of quality in the written word. |
09-09-2012, 04:39 AM | #38 | |
You kids get off my lawn!
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Quote:
Second, I have to admit, I have a hard time understanding why the ability to discount eBooks has become the the tipping point in the house of cards that is the publishing industry. If they were truly interested in protecting advances and print publishing, why not put this in place across the board?! Why is it only ebooks and not paper? I've said it before, but if the pricing had been equitable, I still would have grumbled, but I wouldn't have stopped buying agency ebooks, if they had been priced the same - no discounts allowed - as print. While I think they are "worth" less than print because of the restriction in digital, I know that's not true for everyone. It just ticked me off that a book I could buy at 25% off at Target or Wal-Mart or even 10% off at B&N if I had their loyalty card couldn't be purchased for the same price in digital format. |
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09-09-2012, 08:52 AM | #39 |
Wizard
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I think what we all just want (and what is sorely lacking, it seems) some common sense for the big publishing houses.
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09-09-2012, 09:01 AM | #40 | |
Grand Sorcerer
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Quote:
And better'ed them on services. After the conspiracy, they can match anybody on price. They can also strategically undercut anybody *if* needed. That is the biggest change. And it is a conditional change. The sky ain't falling on the hyper-ventilating traditionalists. |
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09-09-2012, 02:57 PM | #41 |
Grand Sorcerer
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I'm still waiting for 'reaction' to Judge Cote's decision (from parties who were claiming the sky would fall). Has anybody seen any?
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09-09-2012, 03:09 PM | #42 |
Grand Sorcerer
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I think rescuers are still shoveling sky as fast as they can in hopes of getting to those trapped beneath it, but time is quickly running out.
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09-09-2012, 03:18 PM | #43 | |||
Grand Sorcerer
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Quote:
http://www.publishersweekly.com/pw/b...book-case.html But they're probably thinking the sky *did* fall because of this: Quote:
5 years of Government oversight on their contract negotiations and book-keeping. As hilariously clueless as some of the comments there are, I rather like this one: Quote:
And the publishers have to staff and pay hordes of them! Worse, they might even (shudder) try to *mingle* with the superiors, the producers of culture! Brrr! Last edited by fjtorres; 09-09-2012 at 03:33 PM. |
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09-09-2012, 07:03 PM | #44 |
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09-09-2012, 07:22 PM | #45 |
Wizard
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Did you see this comment?
Laura Van Wormer · Top Commenter · Founder, Publisher & CEO at Author & Company, LLC If Macmillan and Penguin successfully defend themselves against the "evidence" provided to the Department of Justice by Amazon, are the publishers just stuck with the millions of legal bills or does that establish grounds to seek damages from Amazon? I guess just because they are immersed in books all day, they don't necessarily know anything. |
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