
PDF/EPUB | The Battle of $9.99: How Apple, Amazon, and the Big Six Publishers Changed the E-Book Business Overnight |
By | |
Publication | 12 February 2025 |
Number of Pages | 58 |
Format Type | Kindle Edition |
Book the battle of $9.99 summary
I d followed much of this saga as it unfolded as I m rather obsessed with eBooks and the future of publishing It was good to see all the behind the scenes pieces fall into place The narrative was well structured considering the material is admittedly rather dull. EPub The Battle of $9.99 weekend It s a quick read and I highly recommend to anyone even marginally interested in the future of publishing or of digital goods in general Kindle Edition I suppose everyone who follows the book business now has made some kind of judgment about the tug of wat between Apple.
The battle of $9.99u uk
And the legacy publishers Full disclosure I got 145 in the ebook settlement which was used immediately to get ebooks through Some people seem to adore Apple who can do no wrong others while reading and typing on their computers refuse to ever read off a screen and still others me included love ebooks and which started the ebook revolution. The battle of $9.99z book Admittedly I m an early adopter and read off my Palm and later even purchased a Rocket Book ereader it still works but has been superseded I remain puzzled by what may be a uniquely American trait that is to begin to denigrate and fear success big business Walmart BN and Borders until they tanked agribusiness big farms be they family or otherwise MIcrosoft K Mart Sears and Montgomery Ward until they tanked the list goes on Personally I love They are successful because they do things well When they cease to perform or someone does it better I ll abandon them Just before the iPad was released a high ranking Apple executive was charged with the task of creating an ebook bookstore Despite Steve Jobs earlier predictions that no one would ever read an ebook had released the Kindle and it had become wildly successful Others had had similar opportunities but only Jeff Bezos had the foresight to link the Kindle to an online store with wireless and free access to a huge selection of books And he priced bestsellers at 9. The battle of $9.99wars 99 a brilliant strategy similar to what other retailers have always done a form of loss leader Jobs wanted to copy that success with the iPad as the device of choice But he wanted to collect money In a move that brought down the wrath of anti trust regulators the Apple folks corralled all the major publishers except Random House and persuaded them to adopt the agency model even though the publishers would get less money Under the model purchased the ebooks from the publishers at whatever discount the publisher offered as with print books and then sold the ebooks for whatever price they wanted also as with print books as all bookstores did Apple was very smart in recognizing what the legacy publishers feared rightly or not that pricing the books at 9. The battle of $9.99 book review 99 might devalue their profitable hardcover distribution system so they invented the agency mechanism Under this system Apple and they argued would have to sell the ebooks at the price determined by the publisher and act as distributor only rather than reseller Walsh s message underscored the degree to which the publishing community at large had grown to fear s pricing Under the agency model most authors stood to lose money as their royalties would now be paid as a percentage of the publishers smaller agency cut In records cited by the government Macmillan concluded that the royalty payment for each sale of an e book with the corresponding hardcover list price of 26. The battle of $9.99 to usd 50 Under the wholesale model with with a 50% discount they netted 15 Jobs had insisted that Apple e books be priced lower than physical books and competitively with other e book retailers Unlike Apple would not tolerate losing money on any e book sale a philosophy consistent with its existing digital content business Each e book sale would have to generate a single digit net profit for Apple Ironically Walmart and some other box stores were selling the Steve Jobs hardcover biography for less than the ebook price It s no spoiler to reveal that this joint move by Apple and the legacy publishers that forced to adopt the agency model was ruled illegal and a violation of antitrust through monopolistic price manipulation result in substantial settlements to consumers Apple didn t settle preferring to go it alone in court but they have lost all the court decisions to date Their ebook store has never had close to the success of s despite their refusal to permit in app purchases for all of the ebook apps including Kobo Nook and Kindle used on Apple devices Apple s case was not helped by several comments he made in public and in emails regarding the pricing battle comments the general counsel for Simon Schuster called incredibly stupid But Apple s persuasive powers were incredible With that Apple had pulled off a remarkable feat Their business proposal was simply too extraordinary Not only did it involve a business model foreign to publishing it included price protections for Apple and less revenue per e book sale for the publisher Although Random House remained unsigned Apple had successfully negotiated identical retail agreements with five of the six largest U. Pdf the battle of $9.99 pdf S trade publishers in less than two weeks Strikingly at the time they signed their deals none of the publishers had yet to even see an iPad or an Apple e books app In fact Apple developers hadn t even begun working on the Apple e bookstore until mid December The iPad wasn t released until January No one had even seen it. The battle of $9.99 to usd The myopia of the Authors Guild and some legacy authors never ceased to amaze me Rather than attacking ebooks as they did early on they should have been going after the used book market and libraries which bring them zero revenue Ebooks can t be resold and never go out of print and had the potential to bring them much revenue assuming they could work out reasonable contract with their publisher not an easy thing as many have discovered But the need of the legacy publishers to support an existing infrastructure by doing things the way they always had won over early on The substantial revenue they are now getting from ebooks has greatly tempered their fear And to support the publishers in the fight over agency made no sense for the authors it represented since they were guaranteed less under the agency model Kindle Edition I heard bits and pieces of this story but was interested in getting all the facts as I work in a publishing company A very thorough account of why a civil antitrust lawsuit was filed against Apple and five of the big six publishers The author also explains why the publishers wanted to move from a discount model to a commission model on e books even though it meant less money in their pockets As a consumer I love but from a publishing point of view their power is quite scary Kindle Edition Fascinating behind the scenes play by play of the Apple eBook drama With the story still unresolved no major analysis of the events can take place However the book does provide additional insights not found in your average news story Great quick read Kindle Edition If you have an interest in e books and the controversy over the agency model I think you will enjoy this up to the minute account how this came about and the results of the court trial For me one of the unexpected consequences of the advent of e books is the return of short fiction and nonfiction to the marketplace Yes I know short fiction and short nonfiction have always been available but that availability seems to have expanded greatly I know that I am reading of it and have become a fan of the Kindle Singles BTW this is a Kindle Single Kindle Edition
The Battle of $9.99: How Apple, Amazon, and the Big Six Publishers Changed the E-Book Business Overnight By Andrew Richard Albanese |
English |
58 |
Kindle Edition |
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