Register Guidelines E-Books Search Today's Posts Mark Forums Read

Go Back   MobileRead Forums > E-Book General > News

Notices

Reply
 
Thread Tools Search this Thread
Old 05-23-2011, 04:56 PM   #16
stonetools
Wizard
stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.stonetools ought to be getting tired of karma fortunes by now.
 
stonetools's Avatar
 
Posts: 2,016
Karma: 2838487
Join Date: Oct 2010
Location: Washington, DC
Device: Ipad, IPhone
Quote:
Originally Posted by SensualPoet View Post
Not to mention Amazon's business model is so far only implemented in a handful of markets in any meaningful way. They have HUGE growth potential outside of the US despite already receiving 50% of their revenue "off-shore". Whatever you think of Amazon today ... it will be twice that in a few years.
Hey, SP, what's the likelihood that Kobo will get into the publishing biz too? Have you heard any stirrings?
stonetools is offline   Reply With Quote
Old 05-23-2011, 05:25 PM   #17
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 7,459
Karma: 58205207
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
Quote:
Originally Posted by Penforhire View Post
tubemonkey, that reminds me of Jim Cramer's "four horsement of tech" -- http://www.bloggingstocks.com/2007/0...rsemen-of-tech

Apple, Google, Amazon, and (surprisingly as viewed today) Research in Motion. Three out of four isn't a bad prediction for four-odd years ago. Of course earlier he had picked Cisco, Intel, Dell, and Microsoft (not bad even today, excepting Dell!). Cisco, Intel, and Miicrosoft are still market giants.
Maybe we should be talking in terms of The Magnificent seven.
Cisco, Intel, MS, Apple, Goggle, Amazon, and Nokia (cause Facebook isn't that powerful. Yet.).
(Obviously, only western companies in that list.)
Their asian counterparts (Samsung, Sony, etc) would be The Seven Samurai.
fjtorres is offline   Reply With Quote
Old 05-24-2011, 09:10 AM   #18
Steven Lyle Jordan
Grand Sorcerer
Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.Steven Lyle Jordan ought to be getting tired of karma fortunes by now.
 
Steven Lyle Jordan's Avatar
 
Posts: 8,482
Karma: 5171130
Join Date: Jan 2006
Device: none
Quote:
Originally Posted by fjtorres View Post
No reason not to.
The barriers to entry are down, there are no more gatekeepers, and with publishers and agents on the verge of all-out war all bets are off...
Interesting perspective. To my view, the gatekeepers are still in business, however struggling, and Amazon is essentially setting itself up as another gatekeeper (hey, they're not going to publish everything they're offered--there will be filters).

So the Kindle Store will eventually be seen as even more of a slush pile than it is considered now.
Steven Lyle Jordan is offline   Reply With Quote
Old 05-24-2011, 05:16 PM   #19
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 7,459
Karma: 58205207
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
Quote:
Originally Posted by Steven Lyle Jordan View Post
Interesting perspective. To my view, the gatekeepers are still in business, however struggling, and Amazon is essentially setting itself up as another gatekeeper (hey, they're not going to publish everything they're offered--there will be filters).

So the Kindle Store will eventually be seen as even more of a slush pile than it is considered now.
One person's junk is another's treasure.
And there is no reason why *readers* can't be the gatekeepers in the post-treeware era. Let them vote with their wallets. They can hardly do worse than the lords of print have done over the past few decades.

It won't be just the Kindle store hosting a flood of new content; it'll be everybody in the biz.
Remember that ebooks don't go out of print so new releases will be competing for attention side by side with every book ever published. Back in the day, Borders made hay off a 30,000 book catalog while today Amazon stocks over 900000, plus another milion-plus pd titles and Google claims over 3 million.
Even applying Sturgeon's law, the supply of quality content is running a couple orders of magnitude higher than in the traditional gatekeeper era. No amount of bottlenecking, filtering, or gatekeeping is going to change that. What is going to change--what has already started to change--is how people find and buy books and just as the production and distribution of books is changing, so to is the way consumers look at books.

Over in the baseball world, there are stories of cuban defectos, newly-minted millionaires, walking into north american supermarkets and retail shops and literally becoming paralized at having to choose what to buy, overwhelmed by the range of choices and unable to discriminate. But, not surprisingly, they quickly adapt and over a period of a few months learn the required skills to survive in an economy of abundance. So too will post-treeware book buyers adapt; the human brain is nothing if not adaptive.
And, even in the unlikely event that the current breed of reader isn't up to the task, the newer generations will. Think of it as evolution in action.
(With apologies to Niven and Pournelle.)
fjtorres is offline   Reply With Quote
Old 05-24-2011, 10:07 PM   #20
Andrew H.
Grand Master of Flowers
Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.Andrew H. ought to be getting tired of karma fortunes by now.
 
Posts: 2,183
Karma: 8206736
Join Date: Oct 2010
Location: Naptown
Device: Kindle PW, Kindle 3 (aka Keyboard), iPhone, iPad 3 (not for reading)
Quote:
Originally Posted by fjtorres View Post
One person's junk is another's treasure.
And there is no reason why *readers* can't be the gatekeepers in the post-treeware era.
Yes there is. Time. Readers don't have time waste reading slush. This is *the* issue.
Quote:


Let them vote with their wallets. They can hardly do worse than the lords of print have done over the past few decades.
They can do much, much worse.
Quote:

It won't be just the Kindle store hosting a flood of new content; it'll be everybody in the biz.
Remember that ebooks don't go out of print so new releases will be competing for attention side by side with every book ever published. Back in the day, Borders made hay off a 30,000 book catalog while today Amazon stocks over 900000, plus another milion-plus pd titles and Google claims over 3 million.
Even applying Sturgeon's law, the supply of quality content is running a couple orders of magnitude higher than in the traditional gatekeeper era.
No, it isn't.
Quote:


No amount of bottlenecking, filtering, or gatekeeping is going to change that. What is going to change--what has already started to change--is how people find and buy books and just as the production and distribution of books is changing, so to is the way consumers look at books.

Over in the baseball world, there are stories of cuban defectos, newly-minted millionaires, walking into north american supermarkets and retail shops and literally becoming paralized at having to choose what to buy, overwhelmed by the range of choices and unable to discriminate. But, not surprisingly, they quickly adapt and over a period of a few months learn the required skills to survive in an economy of abundance. So too will post-treeware book buyers adapt; the human brain is nothing if not adaptive.
270,000 new titles are published the US every year. There is already no way to keep up the gatekept books.

Quote:


And, even in the unlikely event that the current breed of reader isn't up to the task, the newer generations will. Think of it as evolution in action.
(With apologies to Niven and Pournelle.)
This is just wishful thinking.

The plain fact is that gatekeepers *add value*. They are extremely important for normal readers who don't want to take on the full time job of acting as their own gatekeeper and wasting their time reading crap.

And that's what's out there - stuff much worse than crap that is actually published.

For a decade, musicians have been able to publish their own material online without needing a music publisher. Has this changed the face of music? No. People are still buying music from big publishers because they provide value.
Andrew H. is offline   Reply With Quote
Old 05-24-2011, 10:12 PM   #21
vaughnmr
Ebook Reader
vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.vaughnmr ought to be getting tired of karma fortunes by now.
 
Posts: 604
Karma: 3205128
Join Date: Nov 2009
Location: Texas
Device: Kindle 3, HTC Evo, HTC View
Hey, that's right!!! They are giving us great new blockbuster authors, like say... Sarah Palin! Talk about weeding out the crap, those big 6 are very important.
vaughnmr is offline   Reply With Quote
Old 05-24-2011, 11:09 PM   #22
fjtorres
Grand Sorcerer
fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.fjtorres ought to be getting tired of karma fortunes by now.
 
Posts: 7,459
Karma: 58205207
Join Date: May 2009
Location: 26 kly from Sgr A*
Device: PRS-T1, KT, PB701/IQ, K2, PB360, BeBook One, Axim51v, TC1000
Let's see now: gatekeeping is about weeding out the "unfit" and making sure readers only see properly annointed content. Trouble is, we also hear that the market is filling up with "slush".
Now that sounds a wee bit contradictory.
If gatekeeping is still real, how is the "slush" getting to market?

Sorry, but the world we live in is the one where if somebody writes a book they don't need the blessing of a glass house priesthood of print to put it before readers and, maybe, get it to sell. A world where the choice whether that book sells or not is up to the buyer.

Now, that doesn't mean that the self-proclaimed gatekeepers don't add value; only that what they are doing that adds value (if they are--another debate entirely) is not gatekeeping. Gatekeeping is about control and any publisher that thinks it can control what readers see and buy is deluded and wasting effort. There is no control anymore. The power is moving to the buyers. Its their money and they choose what to spend it on.

Wise publishers--and they do exist--realize that their chief role in this new world is *promotion* of their clients' product; helping the creators sell more with their aid than they would without it. In the new world publishers can be consultants, marketers, even--if they're really good--kingmakers. If they're not, they can just as easily be irrelevant. In the new world publishers work for the creators, not the other way around.
Quite a few publishers--and judging by author testimonials, Amazon is one of them--get it, that times have changed irrevocably. But it does seem like some haven't gotten the message yet or they actually think that guarding a gate while the fence around it has vanished still serves a purpose.

There is no gatekeeping.
No filtering, no weeding.
Marketing, yes; promotion, yes; editing, packaging design, and even printing services still add value. But publishers can no longer control what gets to market. That power now belongs to the writers, just as the power to decide what sells lies with buyers.

Publishers are hired help not overlords.
fjtorres is offline   Reply With Quote
Old 05-25-2011, 05:11 AM   #23
murraypaul
Interested Bystander
murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.
 
Posts: 3,224
Karma: 10210627
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
Quote:
Originally Posted by fjtorres View Post
Sorry, but the world we live in is the one where if somebody writes a book they don't need the blessing of a glass house priesthood of print to put it before readers and, maybe, get it to sell.
They also don't need to spend time refining it, polishing it, editing it.
Undoubtedly some new gems will appear that might have been missed by traditional publishing. Also undoubtedly a whole load of trash that just isn't ready to be published will also appear.

Quote:
A world where the choice whether that book sells or not is up to the buyer.
But each individual buyer will have to spend the time to read the book before finding out if it was worth reading or not.
Hence the utility of filtering services, whether publishers, book reviewers, book clubs, etc... to highlight the ones that are worth reading.

Quote:
Wise publishers--and they do exist--realize that their chief role in this new world is *promotion* of their clients' product; helping the creators sell more with their aid than they would without it. In the new world publishers can be consultants, marketers, even--if they're really good--kingmakers. If they're not, they can just as easily be irrelevant. In the new world publishers work for the creators, not the other way around.
Don't we already have this? It is called vanity publishing.
murraypaul is offline   Reply With Quote
Old 05-25-2011, 07:12 AM   #24
RockdaMan
Banned
RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.RockdaMan ought to be getting tired of karma fortunes by now.
 
Posts: 1,644
Karma: 213512
Join Date: Oct 2010
Location: On the other side of over there
Device: Pandigital Novel, Kindle G1 (broken), iPod Touch
Quote:
Originally Posted by fjtorres View Post
Sorry, but the world we live in is the one where if somebody writes a book they
Can get a $500,000 revolving line of credit at Tiffany's.

Sorry, couldn't resist. I'd just read this:

Quote:
Mr. Gingrich, who has grown wealthy in recent years by publishing books...
Quote:
...$500,000 revolving line of credit at the luxury jeweler Tiffany & Company.
RockdaMan is offline   Reply With Quote
Old 05-25-2011, 07:14 AM   #25
din155
Guru
din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.din155 ought to be getting tired of karma fortunes by now.
 
din155's Avatar
 
Posts: 719
Karma: 7139256
Join Date: Sep 2010
Device: Kindle PW, Nexus S, Nexus 7
As much as I wish Amazon to come big in publishing, I would still want the bphs in the business competing with each other. Amazon may have started the trend of $9.99 but who is to say they will keep the trend when they are big enough in publishing, especially with their demand of exclusivity deals from some authors.
The bphs and Amazon could keep a tab on each other in terms of pricing, content and way readers can access the books. But again it's a wishful thinking (DRM free world, global access to e-books )

it’s still too early to say how far Amazon is willing to go in publishing. Maybe they just want to scare the publishers to loosen their control in terms of pricing and other conditions.

din
din155 is online now   Reply With Quote
Old 05-25-2011, 09:02 AM   #26
cfrizz
Wizard
cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.cfrizz ought to be getting tired of karma fortunes by now.
 
cfrizz's Avatar
 
Posts: 1,077
Karma: 12933380
Join Date: Dec 2009
Location: Quincy, MA
Device: Sony PRS T1, Samsung Note 2, Samsung GMP 5, Nexus 7 32GB
Terrific post FjTorres!

I prefer to be my own gatekeeper. I know the kinds of books that I like to read, if they have a blurb I will read that, and it will tell me if I want to buy the book. So far out of the 150+ books that I have bought I have only come up with maybe 5 duds.

And even those duds serve a use of refining my preferences in reading matter.

So the BPH's can go take a flying leap.
cfrizz is offline   Reply With Quote
Old 05-25-2011, 09:42 AM   #27
leebase
Karma Kameleon
leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.
 
leebase's Avatar
 
Posts: 1,516
Karma: 4070107
Join Date: Aug 2009
Device: iPad, iPhone 4S
Quote:
Originally Posted by cfrizz View Post
Is it possible, they are getting into publishing to re-establish control over pricing? I suspect they are taking a big hit in their sales since they had to stop the $9.99 pricing thanks to agency 5.
In what way do you imagine they've taken a hit? Their ebook sales continue to boom, they just bragged that they now sell more ebooks than paper books of any kind. Amazon makes more money on books from the Big 6 now than they ever did.

Quote:
Originally Posted by cfrizz View Post
If they are the publisher, they can set the price as they want including $9.99 for just released epubs.
Or much less. Just like the tens of thousands of titles Amazon already sells for much less than $9.99. Agency pricing has always had to compete with Amazon's many other ebooks priced far below the Big 6 prices.

Amazon is moving into the publisher's territory, and the publishers are moving into Amazon's territory in setting up their own online book stores.

Competition is a wonderful thing.

Lee
leebase is offline   Reply With Quote
Old 05-25-2011, 09:48 AM   #28
murraypaul
Interested Bystander
murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.murraypaul ought to be getting tired of karma fortunes by now.
 
Posts: 3,224
Karma: 10210627
Join Date: Jun 2008
Device: Sony PRS505, Nook Color(CM7), iPad3
Quote:
Originally Posted by leebase View Post
1) Their ebook sales continue to boom,
2) they just bragged that they now sell more ebooks than paper books of any kind.
3) Amazon makes more money on books from the Big 6 now than they ever did.
1 and 2 are from Amazon's statements. Where does 3 come from?
murraypaul is offline   Reply With Quote
Old 05-25-2011, 09:52 AM   #29
leebase
Karma Kameleon
leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.leebase ought to be getting tired of karma fortunes by now.
 
leebase's Avatar
 
Posts: 1,516
Karma: 4070107
Join Date: Aug 2009
Device: iPad, iPhone 4S
Quote:
Originally Posted by murraypaul View Post
1 and 2 are from Amazon's statements. Where does 3 come from?
Math. 30% of $12.99 to $14.99 is more profit than selling books for $9.99 that cost $12.50 wholesale.

Lee
leebase is offline   Reply With Quote
Old 05-25-2011, 10:55 AM   #30
abookreader
Wizard
abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.abookreader ought to be getting tired of karma fortunes by now.
 
abookreader's Avatar
 
Posts: 1,516
Karma: 2567610
Join Date: Oct 2009
Device: Kindles - Keyboard, Fire, 2-US, iPhone, iPAD
I get what you are saying Leebase - Amazon makes more money per book on the Big 6 book Agency sales and since Kindle sales are increasing dramatically they probably are making more money overall. That doesn't mean that they are overall maximizing their revenue however if sales growth isn't what it used to be under lower pricing structures. Amazon isn't very forthcoming with their numbers but every once in awhile they leak a hint that a large chunk of their Kindle Revenue is coming from low priced books and not those $12.99 and up big releases.

I also strongly suspect Amazon has gone into publishing in order to get pricing control over a chunk of new release material. The only thing that shocks me is that they've taken this long to become serious about it. Many industry experts were predicting it would happen within months after the Agency Pricing blow-ups.

As for Gatekeeping, I think it is probably the big Publishing houses strongest value in the future marketplace - finding new authors and telling us what reading is the best use of our time. Unfortunately, the big Publishing houses in recent years have largely abandoned that role and "gatekeeping" in terms of combing through author submissions to find the gems is mostly now done by author agents. They need to get back to it.
abookreader is offline   Reply With Quote
Reply

Tags
amazon, publishing

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Amazon - Big Brother or Benefactor? poohbear_nc Amazon Kindle 6 10-15-2010 01:49 PM
Classic Can B&N Compete? crutnacker Barnes & Noble NOOK 3 12-08-2009 02:32 PM
Kindle Drives Amazon to Big Third Quarter AnemicOak News 5 10-22-2009 09:25 PM
Not Too Late To Make That Amazon Video & Win Big! poohbear_nc News 0 07-10-2009 08:25 AM
Big Vision from Amazon Boss on Kindle bookwormfjl News 0 04-20-2008 09:45 AM


All times are GMT -4. The time now is 03:13 PM.


MobileRead.com is a privately owned, operated and funded community.