May You Live in Interesting Times…. by Nancy Brophy
Posted by SeeJanePublish
“I feel the earth move under my feet.”
Shakeups are coming in the publishing world.
The Department of Justice and fifteen states sued Apple, Inc, and major book publishers for a conspiracy to raise the price of electronic books. The move was aimed to eliminate competition, specifically Amazon. Some of the publishers have already reached agreements and offered a rebate. Although how that rebate is accomplished no one is sure.
In related news, two of the big six have refused to sign new agreements with Amazon who they contend has exorbitantly increased pricing in co-op promotional fees. Because of the DoJ lawsuit, the publishers are being very careful not to appear to be operating as a unit. It is unclear whether the remaining four of the big six are refusing or are at different stages of the negotiating process.
“I feel my heart start to tremblin’ whenever you’re around”
In terms of publishing numbers the big six look like it could be adding a seventh member to the group. Entangled Publishing is an on-line publisher who has rocketed to the top by offering a different business model including a better cut for authors, beautiful covers and wide distribution.
Liz Pelletier, founder of Entangled Publishing was in Portland a few weeks ago, talking about publishing costs. I was blown away when she mentioned that the window that pops up on Amazon and offers you the opportunity to buy another book by the same author as a package deal costs the publisher $1800 per day. As self published author do they sell half-day units? Cause that’s what I can afford.
And finally, Google is reportedly ending its program that allows independent bookseller to sell e-books through their websites, a big blow to small independent booksellers.
I feel the sky tumblin’ down, a tumblin’ down, a tumblin’ down, a tumblin’ down, a tumblin’ down, tumblin’ down
When all the dust all settles, what differences will have occurred? How will it have affected your livelihood?
Today the NY times ran a article that stated. “Amazon announced plans to push down prices on e-books. The price of some major titles could fall to $9.99 or less from $14.99, saving voracious readers a bundle.But publishers and booksellers argue that any victory for consumers will be short-lived, and that the ultimate effect of the antitrust suit will be to exchange a perceived monopoly for a real one. Amazon, already the dominant force in the industry, will hold all the cards.”
Will we think of the golden age of book publishing as pre-Amazon?
Special thanks to Carole King for setting my words to music.
Posted on April 13, 2012, in General and tagged Amazon, Apple, author, Book Publishers, Carole King, Department Of Justice, digital, e-publication, Entangled, General, Inc, indie, Liz Pelletier, NY Times, See Jane Publish, self-published. Bookmark the permalink. 5 Comments.