Thursday, April 18, 2013

Why do e-book outfits love the letter 'K'? (Part 1)

From: Sesame Street
via The Official Cranberries Fanblog

"Looking to keep pace with Amazon’s Kindle Direct Publishing and the fast growing self-publishing market in general, Barnes & Noble is phasing out its PubIt! self-publishing service and relaunching it as Nook Press, an upgraded e-book self-publishing platform offering an array of new services to authors and publishers. B&N is partnering with the self-publishing platform Fast Pencil to supply Nook Press with its proprietary online authoring technology, while also offering Fast Pencil authors access to a variety of marketing opportunities via B&N’s Nook platform. […]
     Much like PubIt!, Nook Press will pay authors up to 65% of the e-book list price based on how much an author wants to charge for a book. The Nook Press platform is nonexclusive (authors and publishers can sell the e-book where they want) and, like PubIt!, Nook Press is free of charge and B&N takes a percentage of the list price when the books sell."
Publishers Weekly
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Oops, sorry... wrong "Kobo" (photo from: kapok.com)
"Kobo, a small Canadian ebook and e-reading company now owned by Japanese e-commerce giant Rakuten, kicked Google’s butt… when it comes to selling ebooks through independent bookstores, that is. […]
     The reason the program existed in the first place was to give independent bookstores a way to get involved in the growing market of ebooks and digital reading, to give them a chance to survive the ebook revolution.
     After Google announced that it was cancelling its program this past spring, Kobo swooped in and signed a deal with the American Booksellers Association to provide e-readers, tablets and ebooks for them to sell.
     In the first month of the Kobo partnership (Oct. last year), independent bookstores sold more ebooks than in the entire two years working with Google. The key, say bookstore owners, is being able to sell the devices along with the ebooks. It just makes more sense to customers."
— Jeremy Greenfield, Forbes
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