Julie Bosman, New York Times; Survey Shows Growing Strength of E-Books:
"E-books continued their surge in 2011, surpassing hardcover books and paperbacks to become the dominant format for adult fiction last year, according to a new survey of publishers released Wednesday...
Over all, digital books kept up their explosive growth in 2011, the survey confirmed. Publishers’ net revenue from sales of e-books more than doubled last year, reaching $2.07 billion, up from $869 million in 2010. E-books accounted for 15.5 percent of publishers’ revenues."
Showing posts with label hardcovers. Show all posts
Showing posts with label hardcovers. Show all posts
Wednesday, July 18, 2012
Sunday, May 17, 2009
Steal This Book (for $9.99); The New York Times, 5/17/09
Motoko Rich via The New York Times; Steal This Book (for $9.99):
"Publishers are caught between authors who want to be paid high advances and consumers who believe they should pay less for a digital edition, largely because the publishers save on printing and shipping costs. But publishers argue that those costs, which generally run about 12.5 percent of the average hardcover retail list price, do not entirely disappear with e-books. What’s more, the costs of writing, editing and marketing remain the same...
The doomsday scenario for publishing is that the e-book versions cannibalize higher-price print sales...
Another possibility is that the cheaper prices for e-books entice consumers to buy more titles...
There is some precedent for that theory. When the smaller-format mass-market paperbacks that now populate airport bookstores and grocery checkout racks were introduced, publishers expressed fears that the lower-priced books might destroy the market for hardcovers. They didn’t. Instead, they expanded demand for books beyond elite readers."
http://www.nytimes.com/2009/05/17/weekinreview/17rich.html?scp=3&sq=e-books%20motoko%20rich&st=cse
"Publishers are caught between authors who want to be paid high advances and consumers who believe they should pay less for a digital edition, largely because the publishers save on printing and shipping costs. But publishers argue that those costs, which generally run about 12.5 percent of the average hardcover retail list price, do not entirely disappear with e-books. What’s more, the costs of writing, editing and marketing remain the same...
The doomsday scenario for publishing is that the e-book versions cannibalize higher-price print sales...
Another possibility is that the cheaper prices for e-books entice consumers to buy more titles...
There is some precedent for that theory. When the smaller-format mass-market paperbacks that now populate airport bookstores and grocery checkout racks were introduced, publishers expressed fears that the lower-priced books might destroy the market for hardcovers. They didn’t. Instead, they expanded demand for books beyond elite readers."
http://www.nytimes.com/2009/05/17/weekinreview/17rich.html?scp=3&sq=e-books%20motoko%20rich&st=cse
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