Notes: E-Book Battle Continues; Kirkus Closes
In what might be a riposte to the decision by at least three publishers to delay the release of e-book versions of major titles, Amazon is lowering the price of e-book editions of some titles whose printed versions are out already but whose e-versions haven't appeared yet, the New York Times reported.
Amazon customers who order e-copies of Under the Dome by Stephen King and Going Rogue by Sarah Palin before e-pub date pay $7.99, rather than the usual $9.99.
In addition, Amazon has begun dropping the e-prices on some other bestsellers, including The Help by Kathryn Stockett ($7.60); The Girl Who Played with Fire by Stieg Larsson ($7.99) and the first two Twilight series books by Stephenie Meyer ($4.25 each).
B&N.com has matched Amazon's $7.99 advance order price for the e-book version of Going Rogue.
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Yesterday on his blog, Mike Shatzkin speculated that the publishers' decision to delay the e-book versions of some major upcoming titles isn't "a battle to rescue hardcover books from price perception issues caused by inexpensive ebooks" so much as it is about "wresting control of their ebook destinies back from Amazon."
He noted that "Amazon pays (approximately, I am not privy to the actual deals) half of the publisher's suggested retail for these ebooks and then is selling the $9.99 or cheaper ones at a loss on every unit. From Amazon's perspective, that makes complete sense. They build market share for the Kindle and they build a lot of customer loyalty."
While publishers benefit from the situation in the short run through higher sales, they "don't trust Amazon to keep things that way. From their perspective, Amazon is building a consumer expectation of an under-$10 price point while they are building up their audience of captive Kindle consumers. How long can it be, publishers figure, before Amazon says 'sorry, now you have to sell me these for under ten dollars?' "
Shatzkin also sketched out a possible war over the issue, including publishers not selling e-books to Amazon, Amazon suppressing the sale of their printed books, and more.
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A moment of silence.
Kirkus Reviews and Editor & Publisher are being shut down by owner Nielsen Business Media, according to the New York Times.
Kirkus was founded in 1933 by Virginia Kirkus, who had headed the children's book department at Harper & Co. For many years, Kirkus offered often hard-hitting, prepublication book reviews and was read by many booksellers and librarians.
Editor & Publisher was the main newspaper industry trade magazine for the past 108 years.
Nielsen is selling the Hollywood Reporter, Billboard, Adweek, Mediaweek and other units to e5 Global Media Holdings, a new joint venture of Pluribus Capital Management and Guggenheim Partners. Nielsen is keeping some print properties, including Contract magazine and Progressive Grocer.
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Northwestern University Press has acquired the publishing assets of Curbstone Press, the Willimantic, Conn., nonprofit publisher with a "focus on creative literature that invites readers to examine social issues, encourages a deeper understanding between cultures, and reflects a commitment to promoting human rights."
As of January 1, Northwestern will sell all Curbstone titles, which have been distributed by Consortium. In addition, the press will publish new titles under the Curbstone imprint. Henry Carrigan, Northwestern's assistant director and senior editor who will direct Curbstone, said, "Curbstone fits perfectly into our publishing program. The new imprint further solidifies our traditional strengths in literature in translation and literature from underrepresented communities."
Curbstone was founded in 1975 and headed by Sandy Taylor, who died two years ago, and Judy Doyle, who retired last year.
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Goodbye, Brooklyn!
The official Hotel ABA during next year's BookExpo America in New York will be at the Park Central Hotel on Seventh Avenue and 55th St. in Midtown Manhattan. The last two times BEA was in New York, the Hotel ABA was in Brooklyn. BEA takes place Tuesday-Thursday, May 25-27.
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Bookselling This Week highlighted the 60th anniversary of Lake Forest Book Store, Lake Forest, Ill., which was founded by 12 women and has always been run by women. The store had a birthday party last Sunday.
Owned now by Sue Boucher, Lake Forest Book Store has been in its current 2,000-sq.-ft. site--a former B. Dalton--for six years and offers about 30,000 titles. The store focuses on children's books and caters to many local book clubs, a few of which are among the longest running in the country.
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Congratulations to the Rainbow Bookstore Cooperative, Madison, Wis., which celebrates its 20th anniversary this Sunday at 5:30 p.m., with a party at the Harmony Bar & Grill, according to the Isthmus Daily Page. The store was founded by "a core of young activists committed to providing Madison's progressive community with the best in reading material and other radical resources."
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A new building that will house Indiana State University's Barnes & Noble and the ISU Foundation has been delayed "following Barnes and Noble's decision to merge its retail and collegiate bookstore operations into one company," according to a University spokesperson quoted by the Indiana Statesman. The project was supposed to be open now. Ground breaking is scheduled for early next year.---
David Shelton, who retired in 2006 from Lowe's Companies after a 36-year career, has joined Borders Group as a member of the board of directors. His last position at Lowe's, the hardware retailer, was as senior v-p, real estate, engineering and construction.
Borders CEO Ron Marshall said that Shelton "brings valuable experience and insights to Borders from nearly four decades with one of the nation's leading retailers. We look forward to benefiting from his guidance."
Borders has also made a change to its by-laws that allows holders of more than 10% of the company's stock to call a special shareholders meeting.
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Book trailer of the day: The Christmas Pearl by Dorothea Benton Frank.
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Next Monday, December 14, at 1 p.m. Eastern time, the Independent Book Publishers Association and Mark Coker, CEO of Smashwords, the e-book publisher and distribution company, are holding a free conference call on "How to Develop and Implement an Ebook Strategy," during which callers can ask Coker questions.
In addition, IBPA and Coker are giving one caller the prize of a Sony Reader Pocket Edition. Visit ibpa-online.org/conferencecall.aspx and register.
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Congratulations to Ron Hogan, who is joining Houghton Mifflin Harcourt's Trade & Reference Division as director of e-marketing strategy in January. He blogs about books and authors at beatrice.com and has been a senior editor at GalleyCat for many years.