At 10:00 PST/1:00 EST, Apple is unveiling its long-awaited somewhat mysterious new reader (code name: tablet). This isn’t just a new techie gadget, but a big story for writers. In addition to the new reader, Apple is coming up with a new business model. Unlike Amazon’s fixed low book prices, Apple is allowing publishers discretion and book prices are expected to be higher. The split will favor publishers: Amazon splits revenue 50/50 with publishers, Apple’s model is expected to be 30/70. This sounds good, but it may not translate into higher royalties. What else is new?
Here are a couple of links about this subject. The WSJ is a preview (they’ve recently started charging for content), but it explains the model pretty well, so if you are interested I recommend reading the full article (the comments attached to the preview are free):
Back to Amazon’s e-books: Publishers have been giving away some authors’ e-books as a free download on Kindle. The other day, the New York Times ran an article (With Kindle, the Best Sellers Don’t Need to Sell) about the impact on writers when their books are being given away for free as e-books. It tackles the question of whether or not writers are benefiting from their books being given away for free. While at first blush we would disagree, it really is a lot more complex of an issue. Some writers are seeing a bounce in sales of their newer books when their older ones are being given away as free e-books.
Please join us in talking about these issues.