The online retail giant says it will be happy to stick with the 30 percent cut it already gets from Hachette ebook sales if the publisher agrees to slash its ebook pricing, a move which Amazon claims would be central to the future of reading.
The founders of Inkshares don’t think the traditional publishing industry is broken, just antiquated and inefficient — and they think marrying crowdfunding and the kinds of services publishers used to offer makes for a pretty compelling service for writers and ultimately for readers as well
Book signings don’t have to go extinct in a digital era: Apple (s AAPL) has applied for a patent that would allow users to get digital autographs on digital media like ebooks, movies and albums. As Apple Insider explains, the technology connects the author’s device with the fan’s device. Autographs can be authenticated and encrypted, and the technology also allows for virtual signings over the internet.
Goodreads has started deleting some content from its site. Some of the site’s most passionate users are angry, but as Goodreads grows up it is going to face more challenges like this one.
Goodreads has begun deleting book reviews that focus on a book’s author rather than on its content. Some users are crying censorship, but Goodreads will face more challenges like this as its membership grows.
If Authors Guild president Scott Turow really wanted to do something useful for his mid-list members he would stop helping the publishers deflect attention by pointing to Google and off-shore piracy sites and help authors demand a better deal.
An incident in which an e-book lending site was shut down by a horde of angry authors with takedown notices — most of whom misunderstood the site’s purpose — is another example of how the publishing industry is fighting the same battles as the music industry.
Margaret Atwood may be a literary legend, but she isn’t resting on her laurels — instead, she is working with the online writing community at Wattpad to encourage new writers, and crowdfunding a new platform for artists called Fanado.
Amazon is a “predator,” Pulitzer Prize-winning author Richard Russo said at paidContent 2012 this afternoon, and he believes that young undiscovered writers are at particular risk.
New tools like the Kindle have led to an explosion of self-published books, but that has meant more competition for existing authors. How do they make money now? Writer Seth Godin says they first have to give up the idea that they deserve to be paid.