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Old 05-04-2006, 05:45 AM   #1
Alexander Turcic
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Why the situation is ripe for e-books

Michael Mace not only has profound insight in the mobile tech industry, but he is also a talented writer. In his latest editorial Mike systematically analyzes why e-books, although so far they have been a failure in the consumer market, are ready to pick up steam. Some issues he raises:
  • inefficiency in the traditional publishing industry
  • lack of (financial) incentives for authors to write more books
  • high price of e-books
  • few new e-books are published per year
  • consolidation among book retailers drains profits from independent bookstores
  • decline of the short story market
  • books going out of print
  • insufficiency of e-book devices (contrast ratio, screen resolution)
  • book piracy.

My favorite quote:

So most of the value added by publishers is logistical - they manage the complicated production process, get the book placed in stores, handle returns, and so on. If the printing and bookselling process is bypassed, the value-add of most publishers goes away. And so, perhaps, does the publisher.
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Old 05-06-2006, 10:34 PM   #2
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I cannot agree more, in particular on the quote that the need for publishers is so yesterday.
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