BEA: CEOs Speak Up
Comments from yesterday's Opening Plenary: CEOs on the Value of a Book
"A day of education is precisely what we need at this moment."--Jonathan Galassi, president and publisher of Farrar, Straus & Giroux.
"I'm not sure as many people will show up to hear me read as they would to watch Beyonce."--Scott Turow, author and incoming president of the Authors Guild, on how musicians' reliance on concerts to make up for a drop in music sales might not work for writers.
"More than 90% of our business still is in paper."--David Shanks, CEO, Penguin Group.
"One of the big six publishers told me that in five years 60% of all business will be e-books."--Esther Newberg, executive v-p, International Creative Management.
"No author will want to have books only online. Every author wants to give his mother a copy of his book."--Jonathan Galassi.
"Ironically the value of the book will be seen more when publishers
enhance them."--Esther Newberg.
"Who has time for enhanced e-books? With links you could be there forever."--Jonathan Galassi.
"I can imagine that at the time of Gutenberg, people were saying, 'This thing will be a real time suck.' "--Bob Miller, group publisher, Workman.
"Digital can give you time and save you time."--Skip Prichard, president and CEO, Ingram Content Group.
"We need to be less focused on format and be more focused on content and meeting the needs of our customers. We should be format neutral."--Oren Teicher, CEO of the ABA.
"The future will move between devices."--Skip Prichard.
"The transcendent issue for all of us is piracy. Piracy killed off the record store business."--Scott Turow.
"Piracy didn't start with digital books. A printed book can be scanned in five minutes and disseminated."--Skip Prichard.
"There has to be a recognition on the part of the reading public that what they're buying is valuable."--Jonathan Galassi.
"We need to be sure books don't become a commodity."--Oren Teicher.
"I say it's never enough."--Esther Newberg, asked about fair author compensation in the digital age.
"How are you justifying not giving us 50% of e-book revenues?"--Esther Newberg.
"Why did publishers let the e-book be available at the same time as the hardcover?"--Scott Turow.
"Let's make more cookies, make more abundance. Let's help authors sell millions of copies of their books."--Bob Miller.
"There will be a niche market, but the vast majority of readers don't care."--Skip Prichard, discussing the importance of beautifully made printed books.
"We should figure out how to hear what our customers want."--Oren Teicher.