Skip to main content

View Diary: DoJ Accuses Apple, E-Book Publishers of Price Fixing (26 comments)

Comment Preferences

  •  That would be a real problem, for authors. (0+ / 0-)
    Turow also says that the existence of bricks-and-mortar bookstores is critical for new authors, downplaying self-publishing platforms like Amazon’s KDP: “The high royalties of direct publishing, for most, are more than offset by drastically smaller markets.”

    Agency pricing has caused Amazon to “[lose] its chokehold” on the industry, Turow concludes, and notes, “Direct-selling authors have also benefited, as Amazon more than doubled its royalty rates in the face of competition.” His implication: If that competition vanishes, Amazon’s high royalty rates for self-published authors may vanish as well.

    Further, the majority of the world has no access to nifty electronic gadgets.

    Those who do:

    Who buys ebook reading devices

    The demographics are as follows.
    Gender: 56% men; 44% women
    Average age: 35-54 years
    Average household income: $100,000+
    Average education: bachelors or Post Graduate degrees
    Heavy Internet users

    •  If you can't afford $79 (the price for the ... (1+ / 0-)
      Recommended by:
      phenry

      basic Kindle), I really question how many books you're going to be buying.  I suspect the reasons for the profile you mention are that these are the people who read the most books, rather that others don't have access to e-reading devices.

      Bin Laden is dead. GM and Chrysler are alive.

      by leevank on Sat Mar 10, 2012 at 02:02:12 PM PST

      [ Parent ]

      •  Used books. (0+ / 0-)

        What a concept.

        Say, how do you get used e-books?

        •  How do used book sales help authors? (0+ / 0-)

          We were talking about why authors would oppose this antitrust action.

          Bin Laden is dead. GM and Chrysler are alive.

          by leevank on Sun Mar 11, 2012 at 07:16:36 AM PDT

          [ Parent ]

          •  Of course we were. (0+ / 0-)

            Used books help authors tremendously, as it turns out - because it gets their name known.

            However, the actual question I was responding to there was:

            If you can't afford $79 (the price for the basic Kindle), I really question how many books you're going to be buying.
            On the other hand, your suspicion below is basically ridiculous:
            I suspect the reasons for the profile you mention are that these are the people who read the most books, rather that others don't have access to e-reading devices.
            The whole point was that what data there is right now shows that e-books are largely being bought by upper-income consumers.

            For someone who adds so much to the net worth of authors, your ability to follow a conversational thread is somewhat appalling.

        •  If anything, by lowering the price of new books .. (0+ / 0-)

          and thereby increasing the market for new books, e-readers should help authors.  

          When I buy a book, I'm interested in the author's ideas and language, not the cover, the ink, the paper, the cost of storing it in a warehouse and a book store, or the cost of shipping it from wherever it's printed and bound.  By eliminating the costs of all that stuff that I'm not really interested in buying, but am forced to buy with a physical book, it should be possible to both reduce the purchase price and increase the money that goes to the author.

          Bin Laden is dead. GM and Chrysler are alive.

          by leevank on Sun Mar 11, 2012 at 07:22:21 AM PDT

          [ Parent ]

          •  "Should be possible" (0+ / 0-)

            The link I gave illustrated that even if that is possible, it isn't what was happening.

            Furthermore, you are still focused on the idea that everyone can buy books (and find books) the way you do. Not to mention ignoring the concept of actual ownership of a good, rather than the renting of an arrangement of words.

            •  You're assuming a totally inelastic mkt for books (1+ / 0-)
              Recommended by:
              phenry

              I don't know what your evidence is that books, unlike almost all other optional purchases, don't have an elastic market -- that is, one where a reduction in prices causes an increase in sales.

              Bin Laden is dead. GM and Chrysler are alive.

              by leevank on Sun Mar 11, 2012 at 03:27:23 PM PDT

              [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site