Publishing/Writing: Insights, News, Intrigue

03/21/2011

Is Amazon Becoming Too Amazonian?


Will Amazon slay writers in the future?

There are a lot of signs out in publishing land that indicate Amazon is positioning itself in a pretty complete vertical business structure ( acquiring both print-on-demand Booksurge and e-book tech software company Mobipocket as well as building and selling the e-reader Kindle) to become the dominant player (read that as monopolizer) in the current materializing publishing industry.

That, in and of itself, is not threatening…and they are playing somewhat fair (so far) with the true lifeblood of the industry: the content creators (writers and authors)…

But BEWARE! Do not let Amazon go completely unfettered or unchallenged because human nature and greed, being what they are, will succumb to complete dictatorship and the abuse of the content creators…Mark my words! Remember how out of whack traditional publishing became before being brought down.

There are other online entities and booksellers such as Apple’s iPad, Smashwords, Lulu, Barnes&Noble , etc…but, none have as complete a vertical package to go from publishing to reader as Amazon.

Let’s hope, for the sake of maintaining healthy competition and remuneration for all in what can be a great industry, that some of these other online enterprises (and complete newcomers) build their own self-contained verticals to save Amazon from itself and attract, nurture and grow great writers!

At least that’s the way this humble writer sees it.

Now, this by Anna Richardson from TheBookseller.com

Amazon could phase out publishers

Forbes.com looks at “how Amazon could change publishing”.

The first major technology-enabled change in the books industry came when digital print-on-demand presses started becoming affordable, but for authors looking to gain serious readership, the big question still remains unanswered: How would they market and distribute their books?

“Enter Amazon.com,” writes entrepreneur Sramana Mitra. “Some surveys suggest that online booksellers could become the largest channel for book sales by 2009, and Amazon is certainly the 800-pound gorilla in that market–it’s the largest bookseller in the world” and “what really keeps customers coming back is the outstanding user experience”, in great part due to its recommendation system.

In addition, in 2005, Amazon acquired the print-on-demand company BookSurge and Mobipocket.com, an e-book software company, and in November, it launched the e-book reader Kindle. According to Forbes, Amazon is now poised to revolutionise the book printing business through vertical integration.

Read and learn more 

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05/18/2010

"Shaken" Conventional Publishing Economics


This post will give us a peek inside the eBook publishing numbers and authors’ royalties!

J. A. Konrath, author of the popular Jack (Jacqueline) Daniels female cop series, has just contracted with AmazonEncore, the publishing imprint of Amazon, to publish his latest entry Shaken in a Kindle edition for $2.99 and a paperback edition for $14.95.

Mind you, this all happened AFTER major New York publishing houses turned Shaken down! Does this show you just how much these traditional publishers DON”T know?


Mike Shatzkin, CEO of The IdeaLogical Publishing Consultant Company and author of The Shatzkin Files Blog, had the most incisive report on this happening:

Author J. A. Konrath, who has been self-publishing on Kindle and reporting about it for quite some time, just contracted to have the latest in his series of novels featuring female cop Jack Daniels published by the new Amazon Encore imprint. Encore was originally announced as Amazon’s way to pick up and feature already self-published books. They apparently bent the guidelines a bit to include Konrath’s yet-unpublished book, Shaken. Amazon will publish the Kindle edition at $2.99 in October and release a paperback at $14.95 next February.

Although Konrath is a media- and tech-savvy author who has published with major New York houses (the Jack Daniels series was previously published by Hyperion), he is not a regular NY Times Bestseller brand. Not only is he not a multi-million dollar advance recipient, he makes it clear that the novel he just signed with Encore was rejected by the New York publishing houses. So Amazon had a low bar to jump to secure him for its Encore line.

Nonetheless, this is a significant jolt to conventional publishing economics. Sales of Konrath’s $2.99 ebook will deliver him about $2.10 a copy (Konrath says $2.04; not sure where the other six cents is going…), as much or more as he would make on a $14.95 paperback from a trade publisher, and significantly more than he’d make on a $9.99 ebook distributed under “Agency” terms and current major publisher royalty conventions. And, however one feels about the degree to which pricing is a barrier to ebook sales, one must assume that the $2.99 price will result in a lot more ebook sales than a $9.99 price would. Many times the sales!

Read more at http://www.idealog.com/blog

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