In theory, the more books are sold online the more sales should move to the long tail. Online bookstores have the advantage of “unlimited shelf space”. Nothing has to be left out of the assortment because of constraints on capital to stock inventory or room to hold it. Furthermore, as Konrath and Eisler pointed out […]
Eisler’s decision is a key benchmark on the road to wherever it is we’re going
I wasn’t planning to write a post this past weekend for Monday morning publication. But then Joe Konrath and Barry Eisler contacted me on Saturday to tell me what Barry is up to. I’ve read their lengthy conversation about Barry’s decision to turn down a $500,000 contract (apparently for two books) and join Joe (and […]
Ebooks are making me recall the history of mass-market publishing
The ebook revolution is really beginning to remind me of the mass-market papeback revolution. The mass paperback was really “invented” by Sir Allan Lane when he created Penguin in Britain before World War II. (Wikipedia credits a German publisher with the first cheap paperbacks a few years earlier, but Lane was certainly the first in […]
Publishers better start using their scale to price better, and soon!
It was just about two years ago that I appeared on a panel at a meeting of agents with, among others, Macmillan CEO John Sargent and Sargent made the point that maintaining ebook pricing and margins was one of the critical challenges facing publishers. Ebook sales were still hovering around one percent of the business. […]
Upstream and downstream developments crowd publishers’ space
I had breakfast last summer with one of the titans of 20th century publishing who is now in his senior years running his own smaller operation. He’s a notorious non-techie. When we talked, he was trying to come to grips with what the problem for publishers was with this digital transition. From his perspective, publishing […]
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