Wal-Mart
Answering a criticism that has long been levied against e-reading devices—that the current black-and-white screens are not optimal for magazines and certain image-heavy books, such as many children's books and cookbooks—Barnes & Noble (B&N) has released the first full-color touch e-reader, NOOKcolor.
Bibliographic information provider Bowker has released the "2009 U.S. Book Consumer Demographics and Buying Behaviors Annual Report," which includes consumer-based research on who buys books and why. The 2009 Annual Report is culled from more 44,000 total respondents, responsible for the purchase of 118,000 books in 2009.
Two recent articles reflect a couple aspects of reality that I see about e-readers: The dust has not settled yet, and the single, catch-all solution that many would like to grab onto may never exist … nor should it.
One is an article in BusinessWeek about how the Kindle has not wowed college students. This is the part where I trot out my sarcasm and say, “Gee, ya think?”
With ostensibly lower production costs and a rich vein of backlist titles to mine, it may have been inevitable that e-book publishers would leverage the advantages of their medium to offer authors a higher percentage roy-alty rate for their works. This did not make it any less of a jolt when celebrity author Stephen Covey signed a digital rights deal with e-book publisher RosettaBooks, garnering him more than half of net proceeds for e-book sales of two of his older backlist books, including the famous "The 7 Habits of Highly Effective People," which would be sold exclusively through Amazon.com for one year. (Covey's print books are published by Simon & Schuster, which released a statement reflecting its position that e-book versions of the company's print titles should remain part of the company's catalog.)
While the Hispanic population in the United States is expected to expand to nearly 50 million by 2010, according to the U.S. Census Bureau, current purchasing patterns indicate that this 16 percent of the nation may not buy books at the same rate as the remaining 84 percent.
If the Internet has taught traditional media anything, it’s that valuable content should be protected or it will quickly lose its worth. Letting music, news articles or whatever fall into the hands of those who do not value it has been toppling old media companies left and right, and is likely to continue. Take newspapers: Had their stories not been copied, pasted, snarked upon and uprooted far from their original sources (and the advertisers), there wouldn’t be nearly as many journalists in the unemployment line today.
In advance of this year's BookExpo America (BEA), held May 28-31 at the Jacob K. Javits Center in New York City, one might have expected to see tumbleweeds blowing through the aisles, based on pre-show media coverage and word in the blogosphere pondering the show's future and its role in the industry. While a number of exhibitors noted that traffic seemed lighter this year, and many publishers downsized their booth space or decided not to exhibit at all (Thomas Nelson, which announced its decision prior to the 2008 BEA, was among the most notable not to exhibit), the event was successful for many publishers—though their objectives for "success" varied, and few seem to include actual sales. Also, many publishers' booths were difficult to traverse due to crowds.
Maybe divine intervention will reverse the profit slide for religious book publishers. But industry experts believe it also would be prudent to consider scaling back on titles, reducing returns, making intelligent use of data, investing in digital opportunities and otherwise adapting business models for future success.
Children are pulled in many directions today; at least, their attention is. They are occupied by MP3 players, gaming systems, computers, cell phones, handheld electronic games and other digital technologies. And yes, children still play old-fashioned board games. They also attend school, compete in team sports, and participate in community and extracurricular activities. With all of these outlets occupying children’s time, how are books faring? With an estimated 40,000 to 60,000 new children’s titles released each year, children’s book publishers are concerned with how their books can compete for young readers’ attention with the thousands of titles already in the market, according to Ron
With the rising costs of fuel and raw materials, it has become essential for most publishers to find ways to save money in book production and manufacturing—a task that can be quite challenging without sacrificing too much in terms of quality. However, with changing circumstances have come new strategies, some of which are riffs on past ideas, while others would have seemed unthinkable just a few years ago. “Right now, it’s hard to realize really big savings on manufacturing costs because paper keeps going up,” notes Marie Butler-Knight, longtime publisher of Penguin’s “Complete Idiot’s Guide” series. “At the same time,