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Amazon charged $29.95 for the digital version of Confessions of a Butcher when the paperback cost only $11.95. After an outdry -- including a posting by the author's wife -- Amazon reduced the ebook price to $10.76
No industry is recession proof, but a decline of 2.8% looks fairly modest by comparison to other industries. Caveats for this report - it's based on 81 publishers, and includes segments that had solid growth (paperbacks).
If ebook readers succeed, will publishers be smarter than the music industry in the face of digitization and the web? Some guidelines on how publishers can avoid some of the mistakes of the music industry peers
Thanks for posting this, Arnie. I've been watching the rise of the Kindle for a while. It popped up at various publishing conferences a few years back. As a reader, it does have some appealing qualities. But, the product is too expensive to go mainstream just yet, in my view. I'd be nervous to schlep a $400 device on international trips with multiple time zones/hotel stays. It's okay if I accidentally leave a paperback behind in a plane or forget it in my hotel room, but you'd have to be careful with a Kindle--it sort of changes my perception of reading materials when I'm traveling.
By Jason Boog on July 21, 2011 3:27 PM According to Association of American Publishers (AAP) sales figures for the first half of 2011, eBook sales were up 160 percent compared to the same period last year. At the same time, both paperback and hardcover sales have sagged.