Agency as we knew it is on its death bed. Penguin titles are now being discounted by retailers and the rest of Penguin Random House titles will soon follow.
Digital Book World has been observing weird, seemingly discounted prices on some Penguin titles ever since late May and early June of this year, reporting on the anomaly in July (here, here and here). Yet, the infamous Amazon disclaimer of “This price was set by the publisher” persisted – and still persists as of this writing. Penguin communications professionals said repeatedly that negotiations were ongoing and gave no further comment.
Pub Lunch was the first to come out and report on the discounting. PaidContent offers a chart analyzing it here.
Over the next several months, we expect to see the average price of a best-selling ebook get low and stay that way. Stay tuned. Read more.
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The rest of the day’s top news:
HarperCollins Continues Verticalization (DBW)
HarperCollins Christian has launched LiderVision.com, a new Spanish-language portal for pastors and other Christian community leaders. It’s another step in HarperCollins’s quest to build vertical publishing businesses.
What Should B&N Do? (PW)
Barnes & Noble has had a tough time of it these past few weeks. It had a terrible earnings report and lost its CEO. This article is more advice as to what the company should do.
Apple Verdict Good or Bad for Publishing? (Pub Perspectives)
This survey is fairly evenly split as to whether folks think the Apple verdict is good or bad for the publishing industry overall. Weigh in!
Why the Apple Verdict Is Bad for Publishing (The Scholarly Kitchen)
The key argument in this piece is that Amazon will now dominate the trade retail ebook market and there will be little innovation and consumers, authors and publishers will suffer. Think it credible? Make your own judgments.
Looking to History to Learn the Future of Books (Forbes)
When it comes to digital books, history is repeating itself. Some things that humans once did around reading hundreds of years ago are making a comeback in the digital age.
History and Ebooks (DBW)
Speaking of history and ebooks: Print books signaled a finality to the discussion of an idea. “The end” really meant the end. But digital books are showing us that this was never true.
Impelsys Launches New Publishing System (DBW)
IPublishCentral 5.0 offers more support for enhanced ebooks as well as better distribution to Android tablets.
Aquafadas Launches New Publishing System (DBW)
Kobo’s digital publishing solutions company Aquafadas has launched a new publishing system that should help digital publishers more easily export their work to more platforms, in addition to other new features.
The Week That Was (Good E Reader)
Join Good E Reader and DBW for our weekly podcast commenting on everything that happened in the news in ebooks and digital reading tech this week, including headless Barnes & Noble, Apple and the DOJ, new Kindle Fire tablets and more!
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