Monday, June 27, 2011

Three Ways Pottermore.com Could Change Book Publishing

Paidcontent repporting:
After a suspenseful buildup, J. K. Rowling has announced that Pottermore.com will be an e-bookstore, exclusively selling Harry Potter e-books and digital audiobooks. Pottermore could shake up digital publishing as much as the Harry Potter books first shook up print publishing over a decade ago. Here’s how.
Amazon (NSDQ: AMZN) will be cut out as the middleman and could be forced to open up the Kindle to new book-publishing formats. Pottermore.com does not officially launch until October, and right now many details are still unclear. But we know that the site will be the only place to buy Harry Potter e-books and that they will be compatible with a range of devices. Rowling stressed that selling the books directly “means we can guarantee people everywhere are getting the same experience and at the same time,” and Pottermore CEO Rod Henwood told The Bookseller, “We want to make sure anyone who buys it can read it on any device. We are talking to the Kindles, the Apples, the Googles, Barnes & Noble (NYSE: BKS) to make sure they are compatible. We set the pricing, we maintain the policy of making them available to as many readers as possible.”
In fact, rumors that Amazon is going to start supporting EPUB have been floating around for awhile now, mainly in association with the news that the Kindle will support library lending this fall. Amazon should probably get on the EPUB train by July 31, when Pottermore.com is going to be opened up to a select million users.
Interesting experiments with pricing. Since Rowling is selling the e-books directly, she can do what she wants with pricing. Her UK publisher, Bloomsbury, and her U.S. publisher, Scholastic, are getting a cut, but these books are being published under the Pottermore Publishing imprint, not by Bloomsbury or Scholastic. So look out for bundling, limited-time sales, special editions, maybe even individual chapters for sale. Pottermore.com has a lot of freedom here to test various prices and respond quickly to what works or doesn’t. Other publishers can learn from what Pottermore.com does and may start to become more creative in their own pricing, although the big six publishers, which use the agency model for pricing, aren’t able to be nearly as nimble as an indie like Pottermore Publishing can.
Most importantly, this could be a major tipping point for e-books. http://paidcontent.org/article/419-three-ways-pottermore.com-could-change-book-publishing

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