Amazon/Hachette Business Interruption
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Amazon/Hachette Business Interruption
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Re: Amazon/Hachette Business Interruption
#2For every copy an e-book would sell at $14.99, it would sell 1.74 copies if priced at $9.99. So, for example, if customers would buy 100,000 copies of a particular e-book at $14.99, then customers would buy 174,000 copies of that same e-book at $9.99. Total revenue at $14.99 would be $1,499,000. Total revenue at $9.99 is $1,738,000.
That seems like a hard won data point, I'm surprised they threw it out to the public domain. It makes intuitive sense to me though. I buy a lot of ebooks and when they're really cheap I just buy them immediately rather than track them somewhere to go and purchase when I have time to read them later. My kindle has probably a half dozen books to read on it at the moment, and I imagine if they were $20-30 each I wouldn't be that flippant about it.
Re: Amazon/Hachette Business Interruption
#3In fact, the 30% share of total revenue is what Hachette forced us to take in 2010 when they illegally colluded with their competitors to raise e-book prices.
Shots fired
Re: Amazon/Hachette Business Interruption
#4We believe 35% should go to the author, 35% to the publisher and 30% to Amazon.
What do publishers even do with regards to e-book distribution? Are they going the way of the record label company?
Re: Amazon/Hachette Business Interruption
#5We believe 35% should go to the author, 35% to the publisher and 30% to Amazon. What do publishers even do with regards to e-book distribution? Are they going the way of the record label company?
The publishers and record labels are doing the same thing they were before - curation and editing. The book printers & CD burners are out of the mix, but they were never that expensive anyway. There are still fixed costs associated with a book (editor) or an album (studio time), not to mention the marketing costs.
Are they worth 35% of the profit? I don't think so. But probably more than 0%. I personally think it should be 70% author, 20% publisher, 10% Amazon.
Re: Amazon/Hachette Business Interruption
#6We believe 35% should go to the author, 35% to the publisher and 30% to Amazon. What do publishers even do with regards to e-book distribution? Are they going the way of the record label company?
The publishers and record labels are doing the same thing they were before - curation and editing. The book printers & CD burners are out of the mix, but they were never that expensive anyway. There are still fixed costs associated with a book (editor) or an album (studio time), not to mention the marketing costs. Are they worth 35% of the profit? I don't think so. But probably more than 0%. I personally think it sho…
The publisher can always sell directly as an unencrypted EPUB and MOBI (works on Kindle) to the consumer and set their own pricing and percentages.
Re: Amazon/Hachette Business Interruption
#7We believe 35% should go to the author, 35% to the publisher and 30% to Amazon. What do publishers even do with regards to e-book distribution? Are they going the way of the record label company?
The publishers and record labels are doing the same thing they were before - curation and editing. The book printers & CD burners are out of the mix, but they were never that expensive anyway. There are still fixed costs associated with a book (editor) or an album (studio time), not to mention the marketing costs. Are they worth 35% of the profit? I don't think so. But probably more than 0%. I personally think it sho…
10% is far too little. Amazon is R&D'ing and manufacturing tablet/e-reader devices, handling payment/currency, and all the dirty work necessary to get the device in the hands of the customer in the first place.
Re: Amazon/Hachette Business Interruption
#8Books aren't video games. People don't collect them. I don't consider a game I don't finish to be a failure, a waste of my time. I do so a book.
Despite Amazon's talking points, they are relatively price inelastic. Perhaps, right now, they aren't, since people are still dealing with market novelty, but over the long term, time is a bigger sink than money, when it comes to books.
Re: Amazon/Hachette Business Interruption
#9Books aren't video games. People don't collect them. I don't consider a game I don't finish to be a failure, a waste of my time. I do so a book. Despite Amazon's talking points, they are relatively price inelastic. Perhaps, right now, they aren't, since people are still dealing with market novelty, but over the long term, time is a bigger sink than money, when it comes to books.
> Despite Amazon's talking points, they are relatively price inelastic.
I'd be surprised if your data was better than Amazon's.
Re: Amazon/Hachette Business Interruption
#10Books aren't video games. People don't collect them. I don't consider a game I don't finish to be a failure, a waste of my time. I do so a book. Despite Amazon's talking points, they are relatively price inelastic. Perhaps, right now, they aren't, since people are still dealing with market novelty, but over the long term, time is a bigger sink than money, when it comes to books.
Well, this was a horrible way to discover that I'm not a people.
If I stop collecting books, can I become a people? Is there like a specific process or licensing body?