02-05-2010, 09:40 PM | #1 |
Publishers are evil!
Posts: 2,418
Karma: 36205264
Join Date: Mar 2008
Location: Rhode Island
Device: Various Kindles
|
Random House comments on Amazon Pricing
The American Booksellers Association’s Winter Institute meeting was held today, and for the most part it wasn't good news for Amazon. When the representative from Macmillan stood up he received a standing ovation from the crowd (mostly independent booksellers). David Young, chief executive of Hachette USA, also spoke and said he "saw only a bleak future at $9.99". He also indicated that Hatchette would be adopting the agency model.
The only bright spot for Amazon, and Kindle owners, came from Madeline McIntosh, the President of Sales, Operations, and Digital for Random House. She pointed out that publishers "have no real experience at setting retail prices." She also revelaed that one of the reasons Random House had not been party to the iBook Store at launch was because of the pricing issues. In regards to delayed releasing of ebooks, McIntosh said, "Our current policy is we release e-books at the same time as physical books," followed by "I haven't been convinced that it's good for the author or consumer to delay the release. My fear is that the consumer who has fully embraced the technology will buy another e-book that is available or lose interest altogether. What if I train the consumer that the best scenario is to get it free?" |
02-05-2010, 09:45 PM | #2 |
Publishers are evil!
Posts: 2,418
Karma: 36205264
Join Date: Mar 2008
Location: Rhode Island
Device: Various Kindles
|
I forgot to mention something. Madeline McIntosh had worked for Random House for 18 years, but a little less than two years ago she went to work for Amazon as their Director of Kindle Content Acquisition for Europe. Then at the end of last year Random House hired her back as President of Sales, Operations, and Digital. This might help to explain why Random House is sticking with Amazon.
Last edited by Daithi; 02-05-2010 at 09:48 PM. |
Advert | |
|
02-05-2010, 10:25 PM | #3 |
Enthusiast
Posts: 27
Karma: 384
Join Date: Dec 2009
Location: Upstate NY
Device: Kindle 2 & iPhone
|
Well, I think McIntosh brings up some very valid points. Many e-book readers have evinced their hatred of publishers and their willingness to procure e-books from other than reputable sources.
In this day and age, I just can't see why authors don't/can't sell the paper copies of their books through the regular channels, and distribute all electronic versions of their work themselves, thus reaping a larger profit in the process. |
02-05-2010, 10:42 PM | #4 |
Wizard
Posts: 1,686
Karma: 874275
Join Date: Nov 2008
Location: Virginia Beach, VA
Device: Kindle DX
|
|
02-05-2010, 10:54 PM | #5 |
Gadget Geek
Posts: 2,324
Karma: 22221
Join Date: Aug 2007
Device: Paperwhite, Kindle 3 (retired), Skindle 1.2 (retired)
|
She is my new girl crush. Sorry Mary Lou Jepsen. It was fun while it lasted.
|
Advert | |
|
02-05-2010, 11:08 PM | #6 | |
.
Posts: 3,408
Karma: 5647231
Join Date: Oct 2008
Device: never enough
|
Quote:
|
|
02-05-2010, 11:09 PM | #7 | |
Reading...Since 1970
Posts: 610
Karma: 7819
Join Date: Jan 2010
Device: Nova Air C, Nova Pro, LifebookMars, BoyueT62+ Glowlight, NST, PB360
|
Quote:
|
|
02-05-2010, 11:13 PM | #8 |
Bombers last loss July 27
Posts: 7,624
Karma: 31487351
Join Date: Aug 2009
Location: Raleigh, NC
Device: Paperwhite, Kindles 10 & 4 and jetBook Lite
|
I feel the same way. Since they are doing the work to create the eBook and publicize the title anyway, what sort of additional investment would it be to buy a sufficient server, and keep all the money for themselves?
|
02-05-2010, 11:20 PM | #9 | ||
.
Posts: 3,408
Karma: 5647231
Join Date: Oct 2008
Device: never enough
|
Quote:
Let's ask..hey.. Random House!: Quote:
|
||
02-05-2010, 11:22 PM | #10 |
Professional Adventuress
Posts: 13,368
Karma: 50260224
Join Date: Sep 2009
Location: The Olympic Peninsula on the OTHER Washington! (the big green clean one on the west coast!)
Device: Kindle, the original! Times Two! and gifting an International Kindle
|
WELL IT'S NICE TO KNOW THAT someone in the publishing industry doesn't have their head up their 5th point of contact and appears to be pulling for the ebook consumer.
THANK YOU RANDOM HOUSE!!!! |
02-05-2010, 11:25 PM | #11 | |
Zealot
Posts: 139
Karma: 306
Join Date: Jan 2010
Location: NY
Device: Sony PRS-300, K3 WiFi, K4 NT, PW2
|
Quote:
Drop her a line, let her know of our support |
|
02-05-2010, 11:34 PM | #12 |
Guru
Posts: 692
Karma: 27532
Join Date: Dec 2007
Device: Ebookwise 1150 / 1200
|
Nothing like an eStalker to make a girl's heart beast faster!
|
02-06-2010, 12:02 AM | #13 |
Bombers last loss July 27
Posts: 7,624
Karma: 31487351
Join Date: Aug 2009
Location: Raleigh, NC
Device: Paperwhite, Kindles 10 & 4 and jetBook Lite
|
email sent!
|
02-06-2010, 12:12 AM | #14 |
Wizard
Posts: 4,538
Karma: 264065402
Join Date: Jun 2009
Location: Taiwan
Device: HP Touchpad, Sony Duo 13, Lumia 920, Kobo Aura HD
|
Can you hear it? The voice of reason is coming through loud and clear!
|
02-06-2010, 06:09 AM | #15 |
Connoisseur
Posts: 53
Karma: 400693
Join Date: Jan 2010
Device: Sony 600
|
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Ex-CEO of Random House on ebook pricing and the future of publishing | garygibsonsf | News | 93 | 05-03-2011 08:27 AM |
Classic Free Random House on softroot? | jhempel24 | Nook Developer's Corner | 0 | 08-30-2010 01:02 AM |
What's up with Random House? | Skydog | General Discussions | 9 | 04-08-2010 01:05 AM |
Random House Competition | Gibbo | Deals and Resources (No Self-Promotion or Affiliate Links) | 1 | 02-02-2009 01:55 AM |
Random House Freebies now at Fictionwise | pdurrant | Deals and Resources (No Self-Promotion or Affiliate Links) | 3 | 12-30-2008 10:27 AM |