It seems that the publishing industry has always looked at e-books as a “lesser than” or “second-class” resource. It is understandable considering the impact on their day to day business and bottom dollar e-books and e-readers have been responsible for. The Wall Street Journal brought this interesting piece of news to our attention in their article, “E-Book Sales Fall After New Amazon Contracts.”
There has been a slight shift in that attitude. When the world’s largest publishers struck e-book distribution deals with Amazon lately, the power had noticeably shifted. They set the prices of their titles and for the most part avoided the steep discounts the online retail giant often applies.
However, recent reports indicate a decline in e-book revenue. “The new business model for e-books is having a significant impact on what [the big] publishers report,” said one publishing executive. “There’s no question that publishers’ net receipts have gone down.”
Melody K. Smith
Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.