Showing posts with label publishing. Show all posts
Showing posts with label publishing. Show all posts

27 December 2009

E-books

The Washington Post has an article on the reaction of publishers to the e-book phenomenon. Curiously, the article can be downloaded through Calibre (the e-book library software) but does not seem to be on the Website. Even when using the exact title in the Post's search engine, it is not discovered. Odd! However, Calibre gives me the link to the original :-)
However, to the point. The article points out that:
There are now two constituencies: readers (and writers) on the one hand, and the publishing world on the other. And they don't want to hear each other.

Naturally enough, the authors want their books to be read, the readers want books as cheaply as they can get them, and the publishers want to charge as much as they can get away with.

In the print world, this works out to the publisher's advantage - they control the book flow and, to a significant degree, the pricing. In the electronic world, however, the readers know that the marginal cost of another electronic copy of a book is not the $9.99 that Amazon seems to be wanting to establish as the standard unit price, but something closer to the cost of a music track on iTunes.

My guess is that books are very price elastic (lower the price and you sell more), while the publishers want to maintain price in-elasticity in the hope of maximising profits. And yet the odd thing is that a number of examples suggest that if you give away electronic copies, people will want to buy the paper copy in larger numbers than the publishers ever believed possible. When you have a business model that says, If we sell 400 copies at $30.00 we'll make a profit, the possibility of being able to sell many additional electronic copies at $5.00 each, which may lead to the sale of more paper copies, doesn't seem to enter the marketing equation.

The article concludes:
But if the publishers want a role in the e-books business, they'll need to get over it and get on with it, embracing lower-priced e-books with higher author royalties. That seems unlikely. Because it's now clear that publishers just don't want to listen to what their customers are telling them.


and my guess is that it is the small publishing houses that will be the first to "get over it", while the big monoliths will take a lot more time.

16 December 2009

Signs of panic?

Today's Guardian has an interesting article on Stephen Covey's digital rights deal with Amazon startles New York publishers. There are two stories: the first is about authors doing deals directly with Amazon for e-book publication of their work, bypassing the traditional print publisher, while the second is about publishers attempting to claim digital rights for their backlist of publications, in spite of the fact that a ruling by the New York courts, upheld on appeal, found that copyright for books that were written before digital publishing existed, remained with the author.

Like anyone else, I have no idea whether or not the e-book is actually going to take over from print. I'm promised a Sony Reader for my birthday, so I'll let you know of my experiences, in due course. I can imagine using it on a journey, and I've been looking at what can be downloaded freely - pretty well all the classics, of course, but a lot more besides. A lot of people are taking advantage of the Gutenberg Project to download thousands of the books there and selling DVDs loaded with them - I have one with about 17,000 works on it, but it is a pretty random, eclectic mix of stuff, thousands of which I shall never look at.

Whether that stuff is on the Reader or not, the fact that it is on my Mac means that there is an immediate store of material for reference, if for nothing else. But I can't see myself forsaking the printed book for ordinary leisure reading - a well printed book, on good paper (such as the Folio Society editions) is still a joy to handle and to read.

05 September 2008

OA books from Bloomsbury Academic

An interesting announcement about a new publisher and a new strategy for academic texts. Bloomsbury Academic is a new imprint from the Harry Potter publisher, Bloomsbury Publishing.
According to the press release:
All books will be made available free of charge online, with free downloads, for non-commercial purposes immediately upon publication, using Creative Commons licences. The works will also be sold as books, using the latest short-run technologies or Print on Demand (POD).

The imprint will initially publish in the Social Sciences and Humanities building thematic lists on pressing global issues, with approximately fifty new titles online and in print by the end of 2009.

The new imprint has its own Website where the FAQ contains answers to questions you might think of asking, such as:
Is this like the open access model for journals where authors (or their institutions) have to pay for the publishing process?
No, Bloomsbury Academic finances the publishing process and expects to recover its costs through sales of hardback copies.

This is an interesting development, which we shall watch with interest - Bloomsbury is taking a chance on the potential for profit from demand for print copies, which it will produce on demand. Given the usually small print runs of academic books, and some anecdotal evidence on the scale of this kind of demand, Bloomsbury may well be right.

20 October 2007

OA and the lobby industry

Heather Morrison has another thoughtful piece on open access in her Weblog, suggesting that the publishers' anti-OA consortium PRISM has imploded.

I'm not too sure about this: PRISM is only the tip of the iceberg in terms of lobbying. We can be sure that the publishing industry is lobbying away vigorously, with people, rather than a Website and it's that personal lobbying that makes the difference, rather than what is on public view. My suggestion is that fellow OA advocates in the USA need to lobby just as vigorously, writing to their senators and congressmen/women and generally countering the misinformation that the lobbyists inevitably purvey. We've seen time and again under this US administration that the truth does not necessarily prevail; the key is how much money the industry is prepared to spend to swing the votes of the legislators, whether it is to damage the Alaskan environment by oil drillling, open the virgin forests of the national parks to the logging industry, or run the worst medical care programme in the Western world for the benefit of the drug companies and the mis-named 'health care industry'.

Constant vigilence and persistence in telling the truth about the warped economics of the existing scholarly communication system is the only weapon we have.

15 October 2007

Scholarly communication symposium

Thanks to Peter Suber's Open Access News for alerting me to the symposium on The Future of Scholarly Communication, which is being run, online, by Princeton University's Center for Information Technology Policy.

The starting point for the Symposium is a report from a non-profit organization called Ithaka on University Publishing In A Digital Age - not a great deal of attention is paid to open access in the report and when it is mentioned we have the usual, false equation of open access with author charging;

The academic community seems to be looking to open access models as a solution to these challenges. But while open access may well be a sustainable solution in STM disciplines, where federal and private research grants can conceivably be extended to support publication fees, one model will not serve as a panacea.

Why is it that the notion of collaborative, subsidised, open-access publishing continues to escape the attention of bodies like this when there are now so many examples of its effectiveness? It is all the more curious in a report aimed at considering the future of university publishing, when that future could include collaboration across institutions to promote subsidised, genuinely 'open' journals.

In spite of all their work it seems that, in the end, the report's authors are too timid to explore the logical consequences of the technological revolution that has hit scholarly communication: they, like the publishing industry generally, are mired in the present patterns of communication, but those patterns are changing irrevocably and numerous alternative new patterns may evolve as habits change. One possibility lies in an analogy with the music industry, which has similarly been hit by technological change: the unit of interest is now the 'track', not the CD or the 'album', and iTunes and other providers offer a delivery service for tracks. One future model of scholarly communication could see collaborative peer reviewing in disciplines leading to archived papers that are delivered as tracks are today - the individual (who is always going to be more interested in the paper than in the journal as a whole) downloads papers of interest, and universities provide the finance for the open archive rather than subscriptions to the now-defunct journals.

In small, niche areas this could happen quite quickly: for example, if a free, open access journal already exists, which is operating a standard peer-review process, it already has the characteristics of an open archive of papers and no-one ever downloads the entire journal issue. The papers are found, predominantly, by the search engines and the individual paper is downloaded or read - further collaboration among interested universities could see the expansion of the journal until it covers virtually the entire output of the niche area.

Or perhaps it will be all down to authors announcing their papers on their Weblogs and making them available without peer review and letting the scholarly community make up its collective mind about the quality, accuracy, etc. Again, the parallel with the music industry is there: bands are ignoring the record companies and putting their music straight on the Web.

Whatever happens, and, given the First Law of Forecasting, we can be sure that the future will be nothing like what the Ithaka report suggests, and nothing like what I have suggested :-)