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 06-05-2008, 04:08 AM   #1
Alexander Turcic
Fully Converged
Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.Alexander Turcic ought to be getting tired of karma fortunes by now.
 
Alexander Turcic's Avatar
 
Posts: 17,107
Karma: 10995944
Join Date: Oct 2002
Location: Switzerland
Device: Sony PRS-650 / Nexus 7 / Kindle PW
Penguin CEO: E-book is the answer to my prayers

While this doesn't mark the first time that we've caught wind of Penguin's recent efforts in e-books, it certainly is balm for my battered soul to hear the CEO speak out so positively about them:

Quote:
I got the Sony Reader, and then I got the Kindle as well, and I never thought I would like it, but I do. Now on the Kindle I download manuscripts so I don't have to lug them. I took a 1,250-page manuscript the other day when I flew out of New York, and I stuck it on my Kindle. It was like, thank God I don't have to carry this [paper] thing and then feel guilty because I'm tearing up the pages because I don't want anyone to find it because it's not edited yet, and I don't want to carry it all the way back (laughter). So this is the answer to my prayers.

I think we have interesting times ahead of us on the e-book. We don't know yet what the price point on the e-book should be. On the one hand, we have people who say it's nothing but magnetic dots and dashes, it should be this [low] price. And I feel that it's a tremendous convenience to offer this format and that once you get into it it's the same reading experience and enjoyment for your money as if you had to carry this big hardcover around, so we're charging full price for it.
Alas, he doesn't agree with my personal feeling that e-books should sell at a considerable discount to p-books. Oh well.

Check out the Houston Chronicle for the full interview with Penguin Group's CEO David Shanks.

Related: Penguin USA to release back-list titles as e-books, Penguin to publish new titles simultaneously as e-books
Alexander Turcic is offline   Reply With Quote
Old 06-05-2008, 04:23 AM   #2
HarryT
eBook Enthusiast
HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.HarryT ought to be getting tired of karma fortunes by now.
 
HarryT's Avatar
 
Posts: 64,136
Karma: 42575773
Join Date: Nov 2006
Location: UK
Device: PW2, iPad Retina Mini, iPhone 4, MS Surface Pro, Kobo H2O, N7
Quote:
Originally Posted by Alexander Turcic View Post
Alas, he doesn't agree with my personal feeling that e-books should sell at a considerable discount to p-books. Oh well.
When the eBook offers MORE than the paper book, however, I have no problem with paying more for it. Eg, Penguin have recently released an "enhanced" eBook version of Jane Austen's "Pride and Prejudice" which has enormously more content than the paper version in the way of "extras" in the form of both notes on the text, and general information about life in early 19th century England.

It's a little cheaper than the paperback version of the book, but when you're getting so much for your money, I'm happy to pay it. In that specific case, if you just want the basic text, you can of course get it free.
HarryT is offline   Reply With Quote
 
Enthusiast
Old 06-05-2008, 06:06 AM   #3
Over
Wizard
Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.
 
Over's Avatar
 
Posts: 1,449
Karma: 3949068
Join Date: May 2008
Location: Cascais, Portugal
Device: Cybook Gen3, Kindle DXi, Kindle 3, iPad and iPhone 4
Quote:
it's the same reading experience and enjoyment for your money as if you had to carry this big hardcover around, so we're charging full price for it.
The full price for that experience (the content) should not include the expenses with paper and other costs attached to it. Why pay for something that doesn't exist?
Over is offline   Reply With Quote
Old 06-05-2008, 06:21 AM   #4
pieter
Connoisseur
pieter will become famous soon enoughpieter will become famous soon enoughpieter will become famous soon enoughpieter will become famous soon enoughpieter will become famous soon enoughpieter will become famous soon enough
 
Posts: 59
Karma: 501
Join Date: Mar 2008
Device: CyBook Gen3
Nice try to make me think of the price of an ebook only in terms of my experience of it. If I think it's just magnetic dots and dashes my experience of it warrants a low price, but if I think it's really convenient and I get into it, then I should agree to pay a high price for it.

That's like selling air for 100$ for a rooms worth. What? you think that's too expensive? Think about the life saving experience you get from it? Surely you should be happy to pay 100$ for the convenience of being able to breathe.
pieter is offline   Reply With Quote
Old 06-05-2008, 06:55 AM   #5
zelda_pinwheel
zeldinha zippy zeldissima
zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.
 
zelda_pinwheel's Avatar
 
Posts: 27,828
Karma: 908606
Join Date: Dec 2007
Location: Paris, France
Device: eb1150 & is that a nook in her pocket, or she just happy to see you?
Quote:
Originally Posted by pieter View Post
Nice try to make me think of the price of an ebook only in terms of my experience of it. If I think it's just magnetic dots and dashes my experience of it warrants a low price, but if I think it's really convenient and I get into it, then I should agree to pay a high price for it.

That's like selling air for 100$ for a rooms worth. What? you think that's too expensive? Think about the life saving experience you get from it? Surely you should be happy to pay 100$ for the convenience of being able to breathe.
stop it, you'll give him ideas.

i too am disappointed by his attitude toward e-book pricing, although it was foreseeable. i wrote to penguin about this issue recently (it's probably in one of those "related threads" Alex linked) and got a standard copycutter reply back, but if anyone knows where i could find an email address for Mr. Shanks himself i would be happy to renew the experience...
zelda_pinwheel is offline   Reply With Quote
Old 06-05-2008, 08:00 AM   #6
cottonball
Member
cottonball began at the beginning.
 
cottonball's Avatar
 
Posts: 18
Karma: 10
Join Date: Oct 2007
Device: SONY Reader PRS-505
Thumbs down

Why would I agree to pay full price for an e-book when DRM will likely make my book obsolete sometime in the future? The same can't be said of the paper version.
cottonball is offline   Reply With Quote
Old 06-05-2008, 08:07 AM   #7
TadW
Uebermensch
TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.TadW ought to be getting tired of karma fortunes by now.
 
TadW's Avatar
 
Posts: 2,582
Karma: 1094606
Join Date: Jul 2003
Location: Italy
Device: Kindle
My counter-argument:

When I own a p-book, I can lend it to anyone anytime under any condition. In the case of e-books, or the Kindle to be more specific, I cannot do this.

Amazon's Terms of Services prohibit distribution to a third party. Libraries, for instance, cannot "sell, rent, lease, distribute, broadcast, sublicense or otherwise assign any rights to the Digital Content or any portion of it to any third party."
TadW is offline   Reply With Quote
Old 06-05-2008, 08:17 AM   #8
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
Charging a premium for convenience--and, at this point, novelty, which is still an issue with e-books--is, of course, nothing new. However, when more outlets offer e-books, and the convenience becomes old-hat, prices eventually get driven down to more closely match raw profit over expenses. How soon? Don't hold your breath (in fact, bring an oxygen talk), but eventually.

Best news is, hearing a major industry executive who handles a lot of large documents describing how the Kindle makes his work life easier. You don't get much better testimonials than that. (Maybe if it came from some Fortune 100 CEOs...)
Steven Lyle Jordan is offline   Reply With Quote
Old 06-05-2008, 08:42 AM   #9
TallMomof2
Kindlephilia
TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.
 
TallMomof2's Avatar
 
Posts: 2,009
Karma: 1139255
Join Date: Nov 2007
Location: Snowpacolypse 2010
Device: Amazon K4, Fire, Droid 2
Guess I won't be buying many Penguin ebooks. If I want to pay hardback prices I'll buy the hardback. Since I do not buy paper books anymore I won't be buying from Penguin.

IMO, an ebook is worth less than the paperback version. As much as 25% to 50% less because I'm not really buying the book but only leasing it. I can't resell an ebook or even give it away (legally). That makes an ebook have far less value for me. If the book is DRMed out the wazoo, then it's not all that portable either.
TallMomof2 is offline   Reply With Quote
Old 06-05-2008, 08:46 AM   #10
Taylor514ce
Actively passive.
Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.Taylor514ce ought to be getting tired of karma fortunes by now.
 
Taylor514ce's Avatar
 
Posts: 2,042
Karma: 449920
Join Date: Feb 2008
Location: US
Device: Sony PRS-505/LC
Plus the cost of the device itself. Publishers should be giving them away, if they really want to charge "full price" for a product that's cheaper for them to produce. Buy 5 e-books, get a free Reader!
Taylor514ce is offline   Reply With Quote
Old 06-05-2008, 08:48 AM   #11
zelda_pinwheel
zeldinha zippy zeldissima
zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.
 
zelda_pinwheel's Avatar
 
Posts: 27,828
Karma: 908606
Join Date: Dec 2007
Location: Paris, France
Device: eb1150 & is that a nook in her pocket, or she just happy to see you?
Quote:
Originally Posted by TallMomof2 View Post
Guess I won't be buying many Penguin ebooks. If I want to pay hardback prices I'll buy the hardback. Since I do not buy paper books anymore I won't be buying from Penguin.

IMO, an ebook is worth less than the paperback version. As much as 25% to 50% less because I'm not really buying the book but only leasing it. I can't resell an ebook or even give it away (legally). That makes an ebook have far less value for me. If the book is DRMed out the wazoo, then it's not all that portable either.
that's how i feel as well, although if we add drm into the equation i would say *less* than 50% of the price of a paperback. my principal reason for a price reduction is because of the reduced production costs inherent to the digital medium.
zelda_pinwheel is offline   Reply With Quote
Old 06-05-2008, 08:49 AM   #12
zelda_pinwheel
zeldinha zippy zeldissima
zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.
 
zelda_pinwheel's Avatar
 
Posts: 27,828
Karma: 908606
Join Date: Dec 2007
Location: Paris, France
Device: eb1150 & is that a nook in her pocket, or she just happy to see you?
Quote:
Originally Posted by Taylor514ce View Post
Plus the cost of the device itself. Publishers should be giving them away, if they really want to charge "full price" for a product that's cheaper for them to produce. Buy 5 e-books, get a free Reader!
hey, NOW we're talking !!!
zelda_pinwheel is offline   Reply With Quote
Old 06-05-2008, 08:56 AM   #13
Over
Wizard
Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.Over ought to be getting tired of karma fortunes by now.
 
Over's Avatar
 
Posts: 1,449
Karma: 3949068
Join Date: May 2008
Location: Cascais, Portugal
Device: Cybook Gen3, Kindle DXi, Kindle 3, iPad and iPhone 4
I would prefer cheaper eBooks than free eReaders. In the long term.
Over is offline   Reply With Quote
Old 06-05-2008, 09:03 AM   #14
TallMomof2
Kindlephilia
TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.TallMomof2 ought to be getting tired of karma fortunes by now.
 
TallMomof2's Avatar
 
Posts: 2,009
Karma: 1139255
Join Date: Nov 2007
Location: Snowpacolypse 2010
Device: Amazon K4, Fire, Droid 2
Definitely prefer cheaper ebooks than free readers. I've spent far, far more on ebooks than devices.
TallMomof2 is offline   Reply With Quote
Old 06-05-2008, 09:04 AM   #15
zelda_pinwheel
zeldinha zippy zeldissima
zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.zelda_pinwheel ought to be getting tired of karma fortunes by now.
 
zelda_pinwheel's Avatar
 
Posts: 27,828
Karma: 908606
Join Date: Dec 2007
Location: Paris, France
Device: eb1150 & is that a nook in her pocket, or she just happy to see you?
well, probably me too, honestly... but a little of both certainly couldn't hurt.
zelda_pinwheel is offline   Reply With Quote
Reply

Tags
david shanks, penguin group

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Question about Penguin Classics e-book editions FlorenceArt General Discussions 19 12-06-2010 03:51 AM
WSJ: Amazon, Penguin Resolve Book-Pricing Dispute advocate2 News 18 05-30-2010 05:04 AM
CEO of a top 10 book publisher writes about e-books Bob Russell News 4 05-20-2009 09:04 AM
Free e-book: The Healthy House Answer Book (Kindle) Alexander Turcic Deals, Freebies, and Resources (No Self-Promotion) 4 03-02-2009 01:16 PM
Penguin: Publishers need the e-book to survive Alexander Turcic News 63 11-07-2007 11:59 AM


All times are GMT -4. The time now is 07:37 AM.


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