Archive for E-Book News
HarperCollins is empowering their cadre of authors to sell eBooks directly with the advent of a new eCommerce platform. They can add a HarperCollins “buy” button to their site, which will take consumers to www.hc.com to complete their purchase, or they can integrate the HarperCollins shopping cart directly into their website. Additionally, authors can use social media to direct consumers to purchase their products from HarperCollins.
HC is adding mad incentives to authors participating in this program. They will earn an additional 10% net royalty on print, e-book, and physical audio products sold. As an example, authors earning a 25% net royalty will now receive a 35% net royalty on e-books sold through the HarperCollins platform.
“While our first priority is to sell books through as many different retail channels as possible, we are pleased to provide this platform for our authors who want to sell directly. Our authors can also be certain that their books will always be available to consumers through HarperCollins, even if they are difficult to find or experiencing shipping delays elsewhere,” said Brian Murray, President and CEO of HarperCollins Publishers. “Since we view this program as both a service to our authors and a partnership with them, those who participate will receive additional earnings.”
The e-commerce program will start in the U.S. and roll out to other HarperCollins divisions over the coming months. Royalties will be paid through the royalty system and will appear on an author’s royalty statement.
It will be interesting to see how other publishing companies gives incentives to their authors to sell eBooks directly on their own websites. Lots of self-publishing services like Smashwords and LULU all give authors a higher royalty rate when eBooks are sold on their site, as opposed to being distributed.
In the first six months of 2014 eBooks are still not outselling print, whether its a hardcover or paperback novels. According to a new report by Nielsen paperback sales accounted for 42% of all book sales, followed by hardcovers with 25% and finally eBooks with a paltry 23%.
In the real world, eBooks still have ground to make before they can ever compete with trade paperbacks. The average person still finds themselves purchasing content from their local bookstore. How exactly do people find that next great read? 12% of book buyers said that they learned about the titles they purchased through in-store displays, which is quite telling on the role bookstores continue to play in book discovery. The second most widely reported discovery method was via friends and family members at 10%. The most surprising aspect is the reverse show room method, where people browse books online and then buy them from a store, which only accounted for 8%.
There is no denying that we still have a penchant towards print and according to a new report, young people in the UK think that reading on paper provides a more holistic experience, especially when engaging with images and text which can’t be replicated in digital. 73% of youth stated that they prefer print over eBooks.
Amazon has just launched the beta version of a new author service called Kindle Writeon. The premise of the program is to establish a writing community where authors can solicit feedback on the plot and get assistance on fixing up spelling, grammatical errors or just get some research tips. It seems as though Amazon wants to cannibalize Kindle Boards and do battle against the biggest community of all, Wattpad.
Wattpad is an extremely successful digital publishing site that somehow doesn’t seem to get as much press as other well-known names like Smashwords, yet the company has 11 million monthly readers. Wattpad authors post their stories in a format that can be read on a computer, smartphone, or tablet. Perhaps most importantly, Wattpad stories can be read on java-based “feature phones” and as such have a huge readership base in third world countries. Wattpad is a very social site, in that readers can collect stories into reading lists, vote for their favorites, and share and comment with friends and writers. Unlike some other self-publishing sites, Wattpad works well with short stories stories and novellas, as opposed to full length-books.
According to the Wattpad site, readers spend 9 billion minutes on Wattpad every month and more than 500 writers have published pieces that have been read more than a million times. There are over 70 million stories, in 50 languages, on the site. The Toronto-based company has received over $67 million in funding from Khosla Ventures, Union Square Ventures, OMERS Ventures, W Media Ventures, and Golden Venture Partners, and has attracted such famous authors as Margaret Atwood.
Amazon really wants to leverage their expansive Kindle Direct Publishing system in order to create a writing community. Authors simply post their books, whether its complete or a work in progress. Some authors are looking for specific areas of research, such as the accuracy of the inner circle of the Ottoman Empire, others are looking for everything such as “Character, Overall, Setting, Proofreading, Voice/Tone, Plot.”
The entire system looks more like a dedicated blog post,than an established writing community. Authors can setup profiles, activity feeds, status updates and respond to user comments. Readers can keep tabs on the book by clicking the Like or Follow button and get notified whenever new interactions are made.
Kindle Writeon is in Beta and does not have many users right now. Many of the books on the front page have zero comments, likes and follows. The cover art on the average title is abysmal and I seriously doubt this program will take off. Amazon has a bad habit of trying to destroy their competition by releasing new services that nobody uses. If Amazon cannot buy a company, they just develop their own program to compete directly with it, no matter how haphazard the execution is.
An example of Amazons flawed attack strategy is summed up with Kindle Worlds. This was their attempt at sanctioned fan-fiction, that had publisher support and major intellectual properties attached, such as HASBRO and properties such as Pretty Little Liars. The problem is, hardly any books are being posted and not many users are buying in. FanFiction.net posts 100 new stories every hour across all categories. And Amazon? Its entire output for all 24 “Worlds” of content, which also includes franchises like Gossip Girl and Vampire Diaries, was just 538 stories over the course of more than a year.
Why has Kindle Worlds failed so spectacularly? The problem is the creative limits that brand owners impose on the use of their work. In the case of G.I. Joe, for instance, the villain can’t wear a Yankees cap. Characters in other works can’t use drugs or employ profane language. And gay, bisexual or deviant sexual behavior might be off-limits too. Amazon also discourages anyone from under the age of 18 from contributing content, as they are too young to enter a contract, and this age group is the most prolific when it comes to content.
I would chalk this “community” by Amazon has a lost cause right from the start and refuse to cover it anymore in the future. It might be quaint in the beta format right now, but how long is it going to take before the legions of established self-published authors abuse this community by artificial likes, comments and feedback, driving their title to the front-page? Amazon authors have a notorious history of gaming the system and doing anything within their power to standout in a crowded arena.
Russia boasts a rich literary culture, but is also besmirched with digital piracy of an unprecedented scale; that translates to substantially less cash inflow to the publishers who are on the fence about investing in eBooks. This might change, due to Russian startup Bookmate releasing new apps for Android and iOS that promotes the whole Netflix for eBooks concept.
James Appell, head of global development at Bookmate said that his company used to focus primarily on Russia, Turkey, Nigeria, Pakistan, India and the Philippines. The company has since expanded their portfolio and is now offering English titles to the UK, US and Canada.
The app’s features include a social feed, which allows users to follow their friends, favorite authors and celebrities who are also on Bookmate, and share the books they love and passages via Russian social network VKontakte, Twitter and Facebook. It also allows you to upload your own eBooks in EPUB or PDF format directly to your library and use the app just to read your content.
There are currently 500,000 titles on the Bookmate subscription service and they boast a loyal user base of 1.5 million. It costs a paltry $5.00 a month to opt into Bookmate, which is why they have grown and expanded so quickly.
Download Bookmate for Android from the Good e-Reader App Store.
Kindle First has just launched in the United Kingdom and this Amazon program gives bookworms the ability to read eBooks before they are formally released.
Every month the Amazon Publishing editors will select four books, letting you pick the one you want to read before its official release date. If you don’t have an Amazon Prime account you will still be able to select one of the featured books each month, and you’ll be able to buy it for just £0.99.
The eBooks in this program can be read on your Kindle e-Reader or any device that has the Kindle app installed, such as a tablet or smartphone. The books available this month cover a wide array of genres, such as Thriller, Mystery, Historical Fiction and Non-Fiction. The eBooks available for October are; The Cradle by Louise Voss and Mark Edwards, The Glassblower by Petra Durst-Benning, The Fallow Season of Hugo Hunter by Craig Lancaster and My Sister’s Grave by Robert Dugoni.
BookShout is getting a solid reputation in the publishing industry by delivering eBooks in bulk. The eBooks are redeemed by by using their official app for Android or iOS and many television stations are using the allure of eBooks as an incentive to people during telethons. Today, the company has announced that they have distributed 9.4M ebook codes in the past 12 months, and expects to double that number by early 2015.
With more than 3,000 bulk ebook orders placed by major corporations and universities, BookShout! has experienced accelerated growth as more and more organizations request mass quantities of ebook for events, corporate rewards, and client retention. BookShout! has served Microsoft, Intel, CareerBuilder, Lockheed Martin, Marriott, and Teach for America to name a few.
BookShout! works with more than 2,000 publishing partners worldwide, including HarperCollins Publishers, Macmillan, Perseus Books Group, Simon & Schuster and Workman Publishing—as well as corporations throughout the U.S., U.K., and Canada.
Authors are also getting in on the action by taking eBook cards and text-to-buy campaigns to their speaking events and live online chats. Campaigns may even be set up to allow all attendees of an event to buy the book individually at a pre-set price determined by the publisher.
William Gibson will be releasing a new eBook on October 28th 2014 and will be his first full length novel since 2010’s Zero History. Gibson has stated that it will be set in multiple futures and it is currently unknown whether this book will be apart of a trilogy.
Much of Gibson’s reputation has remained associated with Neuromancer, but his work has continued to evolve. After expanding on Neuromancer with two more novels to complete the dystopic Sprawl trilogy, Gibson became an important author of another science fiction sub-genre—steampunk—with the 1990 alternate history novel The Difference Engine, written with Bruce Sterling. In the 1990s, he composed the Bridge trilogy of novels, which focused on sociological observations of near-future urban environments and late capitalism. His most recent novels— Pattern Recognition (2003), Spook Country (2007) and Zero History (2010) —are set in a contemporary world and have put his work onto mainstream bestseller lists for the first time.
What exactly is the Peripheral all about? The synapses states “Where Flynne and her brother, Burton, live, jobs outside the drug business are rare. Fortunately, Burton has his veteran’s benefits, for neural damage he suffered from implants during his time in the USMC’s elite Haptic Recon force. Then one night Burton has to go out, but there’s a job he’s supposed to do—a job Flynne didn’t know he had. Beta-testing part of a new game, he tells her. The job seems to be simple: work a perimeter around the image of a tower building. Little buglike things turn up. He’s supposed to get in their way, edge them back. That’s all there is to it. He’s offering Flynne a good price to take over for him. What she sees, though, isn’t what Burton told her to expect. It might be a game, but it might also be murder.
Some time around the year 2020, in a trailer park in the Deep South, a young woman witnesses a murder. She is in a video game, and watches with horror as a drone strike kills a child. At precisely the same moment, one hundred years in the future, a boy is remotely killed on the streets of London’s great skyscrapers. The perpetrator remains anonymous.
Interweaving two strange futures, from a ramshackle community of US army veterans, to the teeming masses of a mega city, The Peripheral tells the story of a brave new world of drones, outsourcing and kleptocracy, and of a crime that can only be solved across time.”
I for one have already pre-ordered this book from Amazon and hopefully will be one of the great reads of 2014. Gibson, Neil Stevenson and Bruce Sterling all started their careers around the same time and really pioneered the modern science fiction genre. Gibson’s work has influenced bands like Sonic Youth, U2 and Billy Idol. The film The Matrix drew inspiration for its title, characters and story elements from the Sprawl trilogy. The characters of Neo and Trinity in The Matrix are similar to Bobby Newmark (Count Zero) and Molly (“Johnny Mnemonic.”
Young people in the UK think that reading on paper provides a more holistic experience, especially when engaging with images and text which can’t be replicated in digital. A new report states that the 16-24 generation is still firmly in favor of print books, with 73% saying they prefer print over eBooks.
A new eye opening survey talked to 900 young people and three-quarters of the respondents said they prefer the print format and only a paltry 27% prefer e-books and 31% said they don’t buy e-books at all.
Luke Mitchell, director of Voxburner, said the research found people in the 16-24 age group think e-books are too expensive. “They told us they like to touch books and see the creases in the spine, but for bargain-driven young people the conversion to e-books will most likely be determined by price,” he said. “In our research, 70% said that £6.99 was a reasonable price to pay for a paperback but only 10% were prepared to pay the same for an e-book.”
The survey really drives home the point that there is a big disconnect between the prices of print books vs eBooks. When it comes to paperbacks, 37% of young people said they would pay £5.00-£7.00 and 35% said they would pay £3.00-£5.00. However, they are less willing to pay as much for eBooks, with 43% saying they should cost less than £3.00 and 27% saying they should cost between £3.00 and £5.00.
One of the big reasons young people are concerned with the price of eBooks is the clear lack of ownership. When you purchase the digital variant, you are merely licensing the title and it is not actually yours to keep. The printed version can be yours forever, for relatively the same price.
What devices are young people in the United Kingdom using to consume the digital versions? 39% use an e-reader such as a Kindle, 37% use reading apps on their smartphones and 36% prefer a large screen tablet device.
I think that this survey is tremendously valid, even though only 900 people answered the questions. Considering it was an online survey, it should drive home the point that young people are tremendously savvy when it comes to the digital life, but do not see a clear reason to read for pleasure on their electronic device. Online retailers like Amazon, B&N and Kobo tend to devote their marketing efforts not to teenagers or young adults, but with older readers who have the disposable income to buy a few books a month. I have yet to see a clear and decisive marketing campaign that is exclusively targeting young readers.
eBook security is quickly becoming a contentious issue, as evident in the Barnes and Noble decision to remove the ability to backup your paid content on your PC. Kobo made headlines this week when they nixed their own proprietary KePub format from also being downloaded to a users PC. The Toronto based company is now assuring readers that this is a bug and they are hoping to remedy it soon.
Kobo CTO, Trevor Hunter, said “Kobo’s mandate of allowing people to read anytime, anywhere, on any platform remains unchanged. We are aware of the issue where a small percentage of books are not able to be backed up, and are working quickly to resolve it. We are currently working on other enhancements that will further embrace our open platform concept, which will give customers ever more options as it relates to reading and the backing up of ePub files.”
Kobo has not established a timeline when the backing up feature will be solved. But its nice to know that they are not following Barnes and Noble in eliminating backups altogether.
Wattpad, the world’s largest community of readers and writers, has partnered with the International Festival of Authors (IFOA) to launch the event’s first Online Festival. The Online Festival will run from October 1 through October 22, before the official kickoff of the IFOA in Toronto, which runs October 23 to November 2, 2014.
As part of the Online Festival, Wattpad will feature a different IFOA author everyday and promote their works to its global community of 35 million readers and writers. Past and present IFOA authors to be featured include: Andrew Pyper, Anna Todd, Carrie Snyder, Crissy Calhoun, Cory Doctorow, Eimear McBride, Emily Lindin, Ian Hamilton, Liam Card, Margaret Atwood, Nick Cutter, Paulo Coehlo, Richard Crouse, Richard Rosenbaum, Russell Wangersky, Steve Paikin, Ted Barris, and Vincent Lam.
The official IFOA profile on Wattpad (www.wattpad.com/IFOA) will be used to promote featured Online Festival authors as well as IFOA readings, round table discussions, interviews, and performances.
“Every year the IFOA brings talented authors to Toronto. With the launch of this year’s Online Festival on Wattpad, these authors can reach and enjoy a direct connection with readers around the globe,” said Wattpad’s Head of Content, Publishing Ashleigh Gardner.
“We’re delighted to have Wattpad join us for the 35th edition of the IFOA. It’s exciting to work with partners who are exploring new ways of reaching readers and audiences,” said the IFOA’s Director Geoffrey E. Taylor.
As part of the IFOA, on October 30 at 7:30 pm, Wattpad will host a panel called: Crowds, Comments and Community: Understanding Writing in the Digital Age at the Lakeside Terrace at the Harbourfront Centre. The panel about the relationship between writers and their online communities will be moderated by Globe and Mail Books Editor Mark Medley and will include panelists: Anna Todd, Emily Gould, Emily Lindin, and Sina Queyras. http://ifoa.org/events/crowds-comments-community-understanding-writing-digital-age
Wattpad’s mobile and social storytelling experience is resonating around the world and more than 35 million people have joined the community. People are spending a whopping 9 billion minutes a month on Wattpad reading and sharing stories. To date more than 70 million uploads have been shared on Wattpad, that’s 24 hours of reading posted every single minute.
Amazon made international headlines when it unveiled its Netflix for eBooks concept entitled Kindle Unlimited. This program allows users to pay a low monthly fee and read as many titles as they want per month, from a pool of 650,000 digital books. All of the major publishers have so far refused to contribute their titles, so the lack of bestsellers is not very appealing. At any rate, Amazon has announced today that Unlimited is now available in the UK.
Amazon.co.uk today introduced Kindle Unlimited—a new subscription service which allows customers to freely read as much as they want from over 650,000 Kindle books and listen as much as they want to thousands of Audible audiobooks, all for only £7.99 a month. Finding a great book is easy—just look for the Kindle Unlimited logo on eligible titles and click “Read for £0.00.” Customers can choose from best sellers like the Harry Potter series, The White Tiger, Hunger Games and with thousands of professionally narrated audiobooks from Audible, like Life of Pi, A Day at the Office and classics like Great Expectations, the story can continue in the car or on the go. Kindle Unlimited is available starting today and is accessible from Kindle devices or with Amazon’s free Kindle reading apps.
“With Kindle Unlimited, you never have to think twice about what book you want to read or listen to,” said Jorrit Van der Meulen, Vice President, Kindle EU. “With unlimited access to hundreds of thousands of titles, Kindle Unlimited offers by far the simplest and most cost-effective way to explore and discover eBooks and audiobooks together, and you can even switch from reading to listening without losing your place. Our US customers have shown us how much they love the opportunity to discover new authors and genres, and now we’re delighted to offer the same freedom to our customers in the UK.”
In addition to over 650,000 titles, Kindle Unlimited includes thousands of Whispersync for Voice enabled titles so customers can switch easily between reading and listening, allowing the story to continue even when their eyes are busy—all for just £7.99 a month.