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Posts Tagged ‘E-books’
As digital technology evolves, the practice of bundling – packaging physical books with their e-book counterparts – is now coming into focus as a commercial option for publishers. Though the goal of one-click delivery is far harder than advocates wish – as Rachel Deahl makes clear in a recent Publishers Weekly article Is the Time Right for Bundling?, the technical and commercial challenges will eventually be overcome. When they are, we will be faced with the question, How much to charge for a print/e-book bundle? In an effort to start the dialogue, one industry leader, Bloomsbury USA’s Evan Schnittman (describing the bundle as an “enhanced hardcover”), suggests a price of 25% over the price of the hardcover. “The consumer wins,” he says.
We’re far from sure about that, and we also wonder if anyone else wins, either. In the summer of 2010 we raised the question in Bundling: Publishing’s Next Battleground. We re-post it here to push the dialogue where publishers may not want to go.
Richard Curtis
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The following question is deceptively simple, and we urge you to take your time responding. How much time? Three or four months. You’ll need that much. A lot rides on your answer.
Here’s the question:
When you purchase a print book you should be able to get the e-book for…
- a) the full combined retail prices of print and e-book editions
- b) an additional 50% of the retail price of the print edition
- c) an additional 25% of the retail price of the print edition
- d) $1.00 more than the retail price of the print edition
- e) free
The subject of this little quiz is bundling, a common marketing tactic in which two or more products are packaged and sold at a single price. In this case the package is a printed book plus its e-book iteration.
As simple as it sounds, bundling is shaping up to be the battleground for clashing publishing philosophies, and the time will soon come when publishers will have to choose one of the above strategies and put it into effect. Misjudging consumer attitudes could prove to be a big mistake and possibly a ruinous one.
The essence of bundling is to offer customers a discount for selecting the combo instead of the individually priced components, so choice a) above is a non-starter. But choices b), c) and d) reflect just how aggressive a discounter wants to be and the various thresholds at which consumer resistance is expected to melt. A good argument can be made for each and as the bundling issue warms up you can expect to hear them all endlessly debated.
Yet even the cheapest package – a dollar or even less than a dollar over the cost of the print edition – may not suffice to capture the consumer’s fancy. Why? Because many people believe they’re entitled to get the e-book free with purchase of the print book. How large is public support for that position? We need to take a poll to find out, but if anecdotal reports are any indication, they may be in the overwhelming majority and they are unquestionably the most vocal. You will certainly hear their outpouring of joy when one publisher steps up to offer a print and e-book combo for the price of the print edition alone. Our own prediction? Free will become the standard, and even ten cents above free will be a competitive disadvantage.
Economic factors aside, consumer negativity toward double-charging is a contributor to piracy. Comments sent to us in response to postings about piracy strongly suggest that the public expects digital versions of books to be tossed in for nothing when a printed book is sold, and if it isn’t tossed in, many of those customers will feel no compunctions about downloading an unauthorized copy. They simply feel entitled to it. Libertarian spokespeople like Cory Doctorow have articulated this sense of entitlement, and though some feel that their arguments go too far, there is a solid core of realism in their position. We can condemn the immorality of consumer attitudes ’til the cows come home; and we can (quite reasonably) complain that if people were willing to wait for the paperback reprint they should be willing to wait for the e-book reprint. It makes no difference: the public’s sense of entitlement creates an environment susceptible to the allure of piracy.
With so many sound arguments in support of heavily discounted bundles, why have we seen so little of it in book marketing? The answer is that it is harder to assemble print/e-book packages than it looks. Publishers that control both formats are in the best position to do it but the technology is not yet in place. Customers purchasing the latest James Patterson or Nora Roberts novel in a bookstore have no simple way to download the e-book in the same transaction. The publisher might offer a discount coupon but that requires a number of steps and clicks that discourage a quick and easy procedure.
What is wanted is a one-click experience: “Click here to order the print and e-book.” Such a deal might best be offered by a publisher on its website. However, the price of that bundle might undercut the prices offered by retailers or e-tailers for the individual components, and for publishers to compete with their own retailers is to cut their own throats.
Amazon is in a good position to offer print/e-book bundles but hasn’t done so yet, probably because it recognizes the complexity of the issues. Book pricing is already fraught with so much angst that adding bundling to the debate will undoubtedly induce cardiac infarction among book people already near apoplectic with worry.
For the record, we at E-Reads strongly support the position that the e-book version should be included free of charge with the purchase of one of our print editions and are working to overcome the technical obstacles to implementing our conviction.
We invite your comments and look forward to seeing the debate over bundling heat up on the next stretch of road to the future of books.
Richard Curtis
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Despite the gloomy talk about the death of the book it’s pretty clear that printed books serve an essential function in our culture and will always be with us. For those who greet this statement with skepticism, we reiterate that there is nothing wrong with printed books – just the way they are distributed.
The big difference between the past and the present is that for the first time in history, printed books are optional. The implications of this fact are profound.
Until very recently the only mode for publishers to introduce content was print. Printed books defined publishers. With the advent of digital technology, however, a new breed of publisher arose that can if it chooses publish a book originally in digital format and postpone the print edition or skip it altogether. Well into the present decade traditional publishers like Random House and Simon & Schuster and Macmillan clung to the imperative to issue print volumes before releasing them as e-books. Eventually they yielded to the exigency of releasing the e-book simultaneously with their print edition. Issuing e-books without having to do print editions at all, however, is not a measure to be taken lightly.
One reason is commercial. Original e-books put traditional publishers at a serious competitive disadvantage. Whereas those houses currently pay 25% net royalty to authors, most independent e-book publishers pay at least twice that much, and self-published authors can get as much as 70% royalty by direct uploading of their content. The Hachettes and Harpers and Penguins can reason that they are adding value and brand-name prestige, but that argument doesn’t hold water for many authors who are simply in the game for money.
More significantly, by electing not to print a book at all, these so-called legacy publishers put themselves in danger of losing the very thing that defines them. What profiteth a publisher to gain the world and lose its soul? Today Random House is a completely different species from independent e-book publishers like Open Road. But by becoming a pure e-book publisher, the playing field is leveled, and the difference between Random House and Open Road becomes simply one of scale.
When we talk about the death of printed books we are really talking about the death of printed books distributed in bookstores. With the death of a Borders and the announced reduction of Barnes & Noble’s bookstore floor space by 25%, print on demand, a business model that does not depend on store sales or the returnability of books the way traditional bookstores do, increasingly becomes an option. If publishers elect POD for all their books they will not only continue to make money from printed books but could potentially rescue their identities, and maybe their souls as well.
Richard Curtis
Towards the end of the twentieth century just about every book contract contained language granting the publisher computer storage and retrieval rights. Though the first people to employ the term probably did not envision e-books, the advent of digital technology sent publishing lawyers scurrying to their contracts to make sure they contained some variant of that term. For, in their opinion, the ownership of e-book rights stood firmly upon it. And when at the turn of the 21st century authors examined those same contracts, the existence of “Computer Storage and Retrieval” loomed like a snarling guard dog warning them to step no further across the owner’s line.
Though there have been some probes by authors, agents and startup e-book publishers of this and similarly ambiguous phrases in book contracts, none has ever been fully litigated. That may now change if a just-announced lawsuit is carried out to the max.
Over the Christmas holiday Publishers Lunch‘s Michael Cader broke the news that HarperCollins has sued Open Road, the independent e-book publisher founded by Jane Friedman (former CEO of HarperCollins incidentally), for infringing on Harper’s digital rights to a classic work of children’s literature, Julie of the Wolves by Jean Craighead George. The author was not named in the suit, however.
Key to Harper’s position is the phrase in its contract with the author that “makes clear that the scope of HarperCollins’ publishing rights extends to exploitation of the work ‘through computer, computer-stored, mechanical or other electronic means now known or hereafter invented’ — language that serves only to reinforce HarperCollins’ exclusive rights to publish the Work as an e-book.”
There have been some previous territorial quarrels over e-book rights based on vague contractual terminology such as the phrase “in book form” in some Random House contracts issued long before Kindle was a gleam in Jeff Bezos’s eye. If there was no such thing as an e-book when the original volume was acquired, can a publisher claim that e-book was meant by “in book form?”
The following piece was posted on our blog when Random House, feeling threatened by newly created independent e-book publishers, decided to assert its rights in no uncertain terms. Anyone interested in the Harper-Open Road dispute will benefit from this backgrounder.
Richard Curtis
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Random Serves Notice on Would-Be E-Interlopers
Like a wolf marking its territory against rivals, Random House served unequivocal notice today on what it perceives as potential e-poachers seeking a loophole in Random’s definition of “book”.
The warning was embedded in a letter from Random CEO Markus Dohle mailed or emailed to literary agents describing the company’s plans and initiatives in the digital world. Authors were also put on notice that they are “precluded from granting publishing rights to third parties that would compromise the rights for which Random House has bargained.”
“The vast majority of our backlist contracts,” writes Dohle, “grant us the exclusive right to publish books in electronic formats. At the same time, we are aware there have been some misunderstandings concerning ebook rights in older backlist titles. Our older older agreements often give the exclusive rights to publish ‘in book form’ or ‘in any and all editions’. Many of those contracts also include enhanced language that references other forms of copying or displaying the text that might be developed in the future or other more relevant language that more specifically reflects the already expansive scope of rights. Such grants are usually not limited to any specific format, and indeed the “form” of a book has evolved over the years to include variations of hardcover, paperback and other written word formats, all of which have understood to be included in the grant of book publishing rights. Indeed, ebook retailers market, sell and merchandise ebooks as an alternate book format, alongside the hardcover, trade paperback and mass market versions of a given title. Whether physical or digital, the product is used and experienced in the same manner, serves the same function, and satisfies the same fundamental urge to discovery stories, ideas and information through the process of reading. Accordingly, Random House considers contracts that grant the exclusive right to publish ‘in book form’ or ‘in any and all editions’ to include the exclusive right to publish in electronic book publishing formats. Our agreements also contain broad non-competition provisions, so that the author is precluded from granting publishing rights to third parties that would compromise the rights for which Random House has bargained.”
If Random’s position sounded familiar to some, it’s the same one that the company used in 2001 when it sued Rosetta, an e-book startup that offered digital editions of books by Kurt Vonnegut Jr., William Styron and Robert B. Parker, having secured them directly from the authors. Random had published the books before there was such a thing as the Internet, but nevertheless considered a book to be a book no matter what form it took. Random’s request for an injunction was denied by the court, and Random then filed an appeal. It too was denied.
Random and Rosetta eventually settled, allowing Rosetta to continue publishing the books but leaving unresolved the issue of who controls e-rights to books where the language defining them is ambiguous.
By issuing its letter to agents today, Random House reasserted its position that, ambiguous or not, the publisher considers the language in its contracts to grant it ironclad control over e-rights. Anyone who believes otherwise is advised to take a good sniff before venturing over the perimeter of Random’s territory.
Richard Curtis
As all frequenters of online bookstores know, read-inside-the-book features entitle e-tailers to publish a certain percentage of your book at no charge to encourage readers to sample the goods.
Content providers are given a choice ranging from a minimum of 20% to a maximum of 100%. It’s a good policy, as it helps readers to browse. In one case, however, readers were inadvertently given a window to get an author’s book free.
You probably don’t pore over the terms of your agreement with Kindle Direct Publishing, but if you did you would learn that one of KDP’s policies is that they have the right to lower the price of your e-book to match that of its competitors. This is an age-old marketing retail practice and far from extraordinary. However, the activation of this policy in the case of author James Crawford caused him serious inconvenience and potential losses in the thousands of dollars.
The problem occurred when KDP, believing that rival Barnes & Noble had dropped the price of Crawford’s book to free, changed its own price to zero as well. In point of fact, writes the author, B&N had not gone to zero. It had merely offered the first three chapters at no charge as a come-on to customers.
Before he could straighten it out with Amazon he had lost revenues on more than 5100 copies given away at 100% discount. We say “straighten out” but now that his book Blood Soaked and Contagious has been restored at his requested list price, Amazon has informed him it will not not refund revenues lost. “We’re sorry, we’re unable to pay royalties for your sales when your title was listed at $0 on our website,” he was told in writing. In writing because, as KDP users have discovered, “KDP does not have telephone contact with the outside world,” laments Crawford.
The complete cautionary tale may be read here. Two things you need to see for the following saga to make sense
Richard Curtis
Smashwords Introduces Ebook Publishing and Distribution Service for Literary Agents
Powerful, Proven Tools to Manage Ebook Publishing, Metadata, Distribution and Sales Reporting
LOS GATOS, Calif., November 17, 2011 — Smashwords, the leading distributor of indie ebooks, today introduced a new service for literary agents. The service provides literary agents simple but powerful tools to manage the publication and distribution of their clients’ indie ebooks. Service highlights include free ebook conversions, centralized metadata management, distribution to major worldwide ebook retailers, time-saving aggregated sales reporting across all retailers, and special merchandising at Smashwords.com.
“Literary agents will write the next chapter of the indie ebook revolution,” said Mark Coker, founder and CEO of Smashwords. “Agents represent the most commercially successful authors. These authors are now asking their agents to add e-publishing services to exploit the potential of their reverted-rights works and unpublished works. Although all authors have the freedom to self-publish, many would prefer to delegate the e-publishing and back office duties to their agent so the author can focus their energy on writing.”
Over 32,000 authors, small presses and literary agents have utilized Smashwords to release 85,000 ebooks in the last three years. 7,500 of these titles were released in the last 30 days.
Until recently, the Smashwords platform labeled literary agents as “Publishers,” even though most agents consider their authors the publishers of record. To address this subtle but important nuance of metadata labeling, Smashwords created this new service expressly for literary agents.
Agents have the ability to upload multiple books on behalf of multiple clients.Agented books appear as “Written by [Author Name], Agented by [Agency Name].”
When Smashwords distributes the book to retailers such as the Apple iBookstore, Barnes & Noble, Sony, Kobo and Diesel, the author is recognized as the publisher, not the agent.
Smashwords has also introduced a new home page catalog to showcase agented works, making it easy for readers to browse ebooks represented and curated by literary agents.
To work with Smashwords, agents simply sign up for a free Smashwords account, upgrade the account to Agent status (also free), and then upload books and metadata on behalf of their clients. A co-branded bookstore within Smashwords showcases the agency’s clients and allows readers to view books by recent releases, best-sellers, and highest rated. When readers browse the book pages of agented books, they enjoy contextual discovery links such as “Other books by this author” and “Other books from this agent.”
The Smashwords Agent service makes e-publishing fast, free and easy for literary agents. Service benefits include:
• Centralized metadata management – Agents control the book’s price (Smashwords retailers don’t discount), marketing description and other metadata at their Smashwords Dashboard. They make a single change once and Smashwords propagates
the update to all retailers.
• Aggregated sales reporting saves time – Each quarterly payment includes a downloadable report that makes it easy to map earnings to each of the agency’s authors. Agents can perform custom queries to provide authors granular sales reporting by title, date and retailer.
• Distribution to leading e-retailers – Smashwords distributes to the Apple iBookstore (32 countries), Barnes & Noble, Sony, Kobo and the Diesel eBookstore. Amazon distribution is available through Smashwords on request. Books are also distributed to the native catalogs of leading mobile e-reading apps including Aldiko for Android devices and Stanza for the iPhone/iPod Touch. More distribution points in the works.
• Free – No fees for ebook conversion or setup. Smashwords earns a 10% of list price commission for books sold through major retailers (agent receives 60% list). The commission for sales through the Smashwords.com retail store is 15% net after credit card fees, with 85% net going to the agent.
Multiple literary agencies – including Dystel & Goderich Literary Management, the Beverley Slopen Agency and Larsen Pomada Literary Agents – are utilizing Smashwords to publish and distribute ebooks on behalf of their clients. Diversion Books, a publisher founded by literary agent Scott Waxman, is also a Smashwords client.
What literary agents are saying about Smashwords: “Smashwords has offered what many other self-publishing platforms do not, a way for agents to be involved with digital publishing without having to take on the title of ‘Publisher,’” said Abby Reilly, E-Book Project Manager at Dystel & Goderich Literary Management, based in New York. “Giving our clients a space in the new and exciting world of digital publishing, while continuing to shepherd all aspects of their literary careers, is a thrilling challenge for our agency. We are delighted to be working with Smashwords to make this happen.”
“Smashwords makes it easy to begin exploring the new digital terrain,” said Beverley Slopen, whose literary agency shares her name and is based in Toronto, Canada. “It is an exciting time in publishing, a time like no other, and our authors want to be there. They are pushing us to broaden our knowledge and our skill set. While ebook publishing is not a substitute for traditional publishing, it adds an amazing new dimension.”
“I have been an avid Smashwords supporter since its inception, and over the past three years have integrated digital publishing initiatives in the career plans of all my clients,” said Laurie McLean of Larsen Pomada Literary Agents in San Francisco. “Most of my clients have both traditionally published books and ebooks in their bag of tricks, and it is exciting to see how they complement each other. While many people have been bashing literary agents as gatekeepers of the old guard in publishing, I feel that digitally-engaged agents are the perfect mentors to guide authors through these turbulent waters of opportunity. The new Smashwords Agent service has made my job even easier.”
Literary Agents – How to Get Started with Smashwords
Visit www.smashwords.com to sign up for a free account in the name of your agency. The confirmation email you receive will walk you through next steps. The “How to Publish at Smashwords” link on the home page at https://www.smashwords.com/about/how_to_publish_on_smashwords provides helpful links to a vast array of Smashwords resources.
For an online presentation outlining the opportunity for agents to serve the indie e-publishing needs of their clients, see this post at the Smashwords Blog and its accompanying Slideshare presentation, the Literary Agent’s Indie Ebook Roadmap: http://blog.smashwords.com/2011/08/literary-agents-indie-ebook-roadmap.html
or visit www.slideshare.net/Smashwords
About Smashwords
Founded in 2008, Smashwords is the world’s leading distributor of indie ebooks. More than 32,000 authors, small presses and literary agents publish over 85,000 indie ebooks at Smashwords. Smashwords has released over 7,500 ebooks in the last 30 days.
Smashwords makes it fast, free and easy for the world’s authors, publishers and literary agents to publish and distribute multi-format ebooks. Smashwords distributes to major online retailers such as the Apple iBookstore, Barnes & Noble, Sony, Kobo and the Diesel eBook Store, and also distributes to the leading mobile e-reading apps such as Aldiko, Stanza and FBReader. Smashwords is based in Los Gatos, California, and can be reached on the web at http://www.smashwords.com/. Visit the official Smashwords blog at http://blog.smashwords.com/.
The following is an excerpt from a press release issued by Smashwords.
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Smashwords, the leading distributor of indie ebooks, today introduced a new service for literary agents.
The service provides literary agents simple but powerful tools to manage the publication and distribution of their clients’ indie ebooks. Service highlights include free ebook conversions, centralized metadata management, distribution to major worldwide ebook retailers, time-saving aggregated sales reporting across all retailers, and special merchandising at Smashwords.com.
“Literary agents will write the next chapter of the indie ebook revolution,” said Mark Coker, founder and CEO of Smashwords. “Agents represent the most commercially successful authors. These authors are now asking their agents to add e-publishing services to exploit the potential of their reverted-rights works and unpublished works. Although all authors have the freedom to self-publish, many would prefer to delegate the e-publishing and back office duties to their agent so the author can focus their energy on writing.”
For details, click on Smashwords’ release.
Publishing industry consultant Joe Esposito crackles with good ideas and his “Metadatarium” is one of them. Stop and go back to the word and piece it out syllable by syllable until you’re comfy with it. The root word, of course, is metadata, and if you’re not sure what that means you can look it up here. Got it?
Okay, on with the concept.
It’s a simple one, somewhere between a mega-bookstore and an e-book kiosk.”We need a utopian solution” to the crisis of our disappearing bookstores,” Esposito says. “We need our bookstores, but we also need Amazon’s inventory. We need libraries–and we need a way to pay for them. We need analog tools for discovery and digital modes of delivery. We need a Third Place for community and a Cloud-based infrastructure to deliver all information to anyone anywhere anytime. And I need a place to kill some time on Saturday afternoons.”
Put them all together and you have a metadatarium: a physical location where books are showcased, but then you point and click your mobile device at the book you’re interested in, review the information, then order it for download. We’ve long dreamed of e-book kiosks (see The Day of the Kiosks is Upon Us) and this is one way the idea might be realized.
Esposito sounds serious about launching not just one metadatarium but a chain of, um, metadataria, and it’s hard to detect any irony when he declares “This chain will be funded through an appeal on Kickstarter, managed with the perfection of Apple, and later taken public on NASDAQ, to the benefit of the 401K plans of its shareholders.“ As of today, however, a search on Kickstarter, the crowdfunding website, was Metadatariumless. But we’ll keep trying.
One way or another the day of the kiosk will be upon us and it just may look like like Joe Esposito’s brainstorm.
Read it in detail: Joe’s Metadatarium: Creating New Forms of Discovery in the Bricks-and-Mortar World
Richard Curtis
I haven’t seen the word “Facevook” used, so if I’m coining an original term I hereby bequeath it to Mark Zuckerberg in the hope he will give me a modest gratuity.
It seems that Zuckerberg’s Facebook has acquired an outfit called Push Pop Press, we learn from New York Times‘s Nick Bilton. Bilton refers to it as an e-book publisher but from his description it sounds more like a vook developer: “a digital book maker that specializes in interactive books for the Apple iPad and iPhone. The e-books built by the publisher feel like movies; interactive graphics with words sprinkled about cross the page.”
We’re not sure Facebook wants to get into the e-book business but vooks reflect the social networking behmoth’s commitment to delivering entertainment. Says Bilton: “Facebook’s move into other forms of entertainment, like gaming and movies, demonstrates that the company is looking at other forms of revenue beyond standard advertising. Of course, it doesn’t need to own a book company to distribute books. It doesn’t own a movie studio or a game maker.
Why Did Facebook Buy an E-Book Publisher?
And for more about vooks, read If They Asked Me I Could Write a…Vook?
Richard Curtis
Below is the full text of Dorchester Publishing’s information release to authors and agents July 22, 2011
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WHAT’S HAPPENING AT DORCHESTER?
Dear Author, Agent or Publishing Colleague:
It’s been a crazy but productive year for Dorchester Publishing, like it has been for the entire publishing industry. After the cessation of our mass market paperback program last August, there were a number of other major changes to occur, including the naming of new CEO Robert Anthony, the appointment of a new accounting staff (Loretta Folk, controller, and Brian Chinn, royalties accountant) and serious strides into both trade paperback and electronic publishing. In case you haven’t been watching with baited breath, we would like to take a moment to bring you up to date on factors or developments that may directly affect you, your titles, and earnings both past and future.
Our top priority remains bringing royalty payments up to date. The lifeblood of any publisher is its authors, so our focus is first on those writers still active in our publishing programs—though we are confident that slowly but surely we will make good on all debts caused by our former administrative difficulties. We are again sending out accurate statements as a matter of course. As stability returns, Dorchester can refocus on its original purpose: discovering and growing new talent in all forms of genre fiction.
Our dynamic Trade publishing program began in January through the distribution arm of Ingram Publisher Services. The program contains titles culled both from our back list and original content, and it will take advantage of advanced technology to provide much more accurately targeted distributions. Early 2011 boasted several successful new releases, including Leanna Renee Hieber’s Perilous Prophecy of Guard and Goddess, the third book in her critically acclaimed Strangely Beautiful series, and The Bonaparte Secret, the newest Lang Reilly thriller by Gregg Loomis. Readers were wowed by movie tie-in editions for The Woman, a spine-tingler by Jack Ketchum and Lucky McKee that took bookstores and Sundance by storm, and House of the Rising Sun by upstart Chuck Hustmyre is set to win him readers for life. Yet to come is The Unforgiven, the first of New York Times Bestselling Author Joy Nash’s Watchers series, and offerings from Gord Rollo, John Everson, and L. J. McDonald. Sorceress, Interrupted, the continuation of A. J. Menden’s super hero series (Elite Hands of Justice) was highly anticipated, and S. Craig Zahler’s brilliant new Western, A Congregation of Jackals, has already been tapped for several national awards. Working with Ingram, we have produced around 50 books in trade format, and another 60-70 should be available by year’s end. The program is only growing.
At the same time as we increase our trade presence, we continue to work on making our authors’ backlists available to their entire readership, including those readers caught up in this year’s fantastic electronic publishing boom. Renee Yewdaev, Dorchester’s head of production, is converting backlist to e-book format in a systematic fashion that assures both speed and quality, and which allows titles to retain recognizable branding established in their original print format. After redeploying several persons in-house to focus on this conversion push, we anticipate having several hundred additional titles in e-book format by the end of the year.
After the changeover from LibreDigital to a partnership with Ingram’s Lightning Source books, our electronic distribution channels have smoothed out. We continue to aggressively market through Amazon, Barnes & Noble, Baker & Taylor, Indigo (Canada), Borders, Sony, and a number of other well recognized e-book vendors, and we are pleased to announce that we have just signed direct agreements with Apple and Google to further expand the number of platforms and consumers our product can reach.
Our website, www.dorchesterpub.com, has been redesigned and now sells both trade and e-book titles.
Dorchester is confident in our new programs, and we recognize that the publishing landscape is changing. For that reason, a project was embarked upon to update royalties to new industry standards. An amendment was created for all interested authors with existing contracts. In addition to firming up some other, the amendment will:
a) Raise any lower rate on trade royalties to 7 1/2% of cover price
b) Raise the royalties on e-books to 25-35% of net sales
c) Increase the frequency of royalty reports and payments to every 6 months.
Any author who has not received an amendment should contact either their literary agent and/or Samantha Hazell at shazell@dorchesterpub.com. Specific questions can be directed to Dorchester’s editorial director, Christopher Keeslar, or to Tim DeYoung, VP, Sales & Marketing.
2011 has seen a number of ups and downs, but the future seems brighter every day. This will be a decade where authors are more powerful than ever before, especially those authors who have the resources and connections to take advantage of the industry’s new opportunities. We look forward to partnering with those authors. And while rebuilding is a slow process, we plan to shine in genre fiction for many years to come. We eagerly anticipate your thoughts and feedback.
Where was Lisa Lewis when I, a callow boy, sat in a park reading Dostoyevsky? How that brooding, cow-eyed youth longed for a girl to notice what he was reading! (see Can You Tell a Book Reader by the Cover?)
It would have been ideal, for Lewis, a freelance writer and playwright, nurtures the same kind of romantic notions that I once did. In her New York Times “Complaint Box” piece How E-Readers Destroyed My Love Life, she spins this fantasy: “I noticed his wavy hair, his feline eyes and his lips, which moved slightly as he read. But the first thing I noticed was his book: Philip Roth’s ‘Portnoy’s Complaint,’ one of my favorites, was cradled in his palm. Between Delancey Street and Bryant Park on the uptown F train, I fell for him hard. It wasn’t the first time I’d flirted my way into a Saturday night date with a simple phrase: ‘I love that book.’”
Today Lewis and those of a similarly romantic inclination live in a dreary, coverless e-book world. Nooks and Kindles have struck a fatal blow to one of the most time-honored gambits for amorous men and women to break the conversational ice. “I had one good pickup line, and e-readers ruined it,” she laments.
Don’t despair, Lisa! There are still hot guys reading books. To find them, visit the Hot Guys Reading Books website. I hope you find that Philip Roth-loving guy with wavy hair and feline eyes. But you’ll look for me in vain: I don’t move my lips when I read.
Richard Curtis