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Publishing consultant Mike Shatzkin argues that publishers will need to be able to sell direct to consumers in the future. Interesting question is that if this happens what will be the effect on libraries?
In 2000 Microsoft made a series of predictions about ebooks over the following 20 years. The prediction for 2012 includes an ad campaign by the logging industry that says, "Buy the real thing - real books printed on real paper."
See the full list of predictions here.
This post is about the where the sales of the book are coming from, and why Amazon takes 48% of digital book sales. Surprising eh? I thought Amazon was the BEST for indie authors, right? We will get into that later.
The book had a great launch, even getting to the #1 Hot Releases spot for Amazon.com for the travel section.
I saw a few interesting stories at Teleread:
Digital books are the fastest growing area of publishing. Libraries are seeing a surge in demand for e-book titles as well, but there's a downside. Most major publishers won't allow libraries to lend their titles, while others impose restrictions or charge double or triple the print price.
From The Verge,
"As the publication world is dragged, kicking and screaming, into the digital world, a lot of complex issues come up. One of the most important, especially for librarians and archivists (not to mention students of history looking to the future), is the question of preservation...The problem, says Barbara Galletly reporting for Digital Book World, is that the foundation for such a transition has not been properly laid, digital preservation is a largely chaotic, random affair right now, and the metadata itself is unstable."
Unglue.it is a service provided by Gluejar, Inc. It's a place for individuals and institutions to join together to liberate specific ebooks and other types of digital content by paying rights holders to relicense their works under Creative Commons licenses.
What does this mean?
Book-lovers and libraries everywhere can join together to set books free.
Authors and publishers get the compensation they deserve.
Books that are out of print, not available as ebooks, or otherwise hard to enjoy will be available for everyone to read, share, learn from, and love -- freely and legally.
An Inconvenient Truth About E-books
As we rush headlong into e-books, we’re not considering how our libraries will migrate forward in time, protecting personal and institutional investments. Paper books are readable by anyone who’s literate, but e-books require a reader, and DRM ensures that there will be difficulties in the future. Worse, there are several different file formats and different DRMs used by Apple, Adobe and Amazon.
The net effect is that our collections have to be considered temporary and expendable at the whim of the retailers, and our ability to pass books on to heirs or colleagues becomes limited in a fashion that hinders human knowledge.”
Waterstones m.d. James Daunt has warned that e-lending in libraries will put further pressure on bricks-and-mortar booksellers when the model takes off.
Speaking at a round-table discussion at the Financial Times’ London headquarters held on Wednesday (9th May) to launch the FT/Goldman Sachs Business Book of the Year Award, Daunt said library e–lending would provide tough competition to booksellers over e-book sales.
Some authors, like the novelist James Patterson, are producing 12 or more books a year to satisfy readers who are increasingly used to on-demand entertainment.