Publishing/Writing: Insights, News, Intrigue

10/05/2010

E-Books are Selling for More than Hardcovers!


And when I say “selling” I mean selling! People are buying $19.99 eBooks…

Ken Follett’s Fall of Giants sold 20,000 eBooks in the last 7 days.

I have mixed feelings about this news, but can’t help feeling excited if it means more money for the authors…But, I don’t want to see buyers’ expectations dashed either.

I guess when the dust settles the market will determine the price. But, 20,000 eBook copies sold in 7 days points to a vibrant eBook market developing.

Julie Bosman writes this fine account for the New York Times:

2 E-Books Cost More Than Amazon Hardcovers

Readers of e-books may not be able to turn paper pages, lend their copies to friends or file them away on living room bookshelves. But they do have the comfort of knowing that they paid less for them than for hardcovers.

Unless they bought “Fall of Giants” by Ken Follett, which was published by Dutton, an imprint of Penguin Group USA, last week. On Amazon.com, the price for the e-book was $19.99; the hardcover edition was $19.39.

Or “Don’t Blink,” by James Patterson and Howard Roughan, whose publisher, Little, Brown & Company, charged $14.99 for the e-book. Amazon priced the hardcover at $14.

Customers, unaccustomed to seeing a digital edition more expensive than the hardcover, howled at the price discrepancy, and promptly voiced their outrage with negative comments and one-star reviews on Amazon.

“Really, James Patterson?” wrote one reader from Elgin, Ill. “Why would it possibly cost more for a digital download than printed and bound ink on paper?”

Read more http://alturl.com/brbfu

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