Goodereader reporting:
Next year is already underway in parts of the world, but the
predictions for publishing trends in the coming year are still rolling
in. One blog post today still holds on to the belief that the rise in
ebook sales will actually mean the death of paper within the next five
years, despite popular industry belief that paper and digital will both
survive well into the future.
Thomas Umstattd, CEO of Author Media, wrote a post for Author Tech Tips
in which he compiled some predictions from far-flung corners of the
publishing industry. Unlike previous posts, Umstattd’s survey subjects
included small to large publishing companies as well as literary agents
and editors. The survey posed questions on everything from ebook pricing
and independent publishing opportunities to the repercussions of some
of the moves made in the traditional publishing world in 2011.
Interestingly,
an entire section of the report is dedicated to professionals’ thoughts
on Amazon in the coming year. One respondent predicts that Amazon Publishing,
the company’s traditional publishing arm, will add a religious imprint
to go along with its other genre-specific branches. Umstattd himself
predicts that Amazon Publishing will sign as many as twenty-four new
previously bestselling authors, forcing the hands of the Big Six in
terms of coming to an agreement on ebook pricing.
Speaking of
ebook pricing, different industry professionals surveyed had some
antithesis statements about where pricing and royalties will be headed
in the next year. Author Randy Ingermanson went so far as to provide a
detailed explanation of the mathematics behind the potential in ebook
pricing.
“Traditional publishers will lower their prices on
e-books to $9.99, because they’ll realize that earning 70% of $9.99 is
better than earning 35% of $14.99. Midlist authors who have been
traditionally published in the past and who are now self-publishing
e-books will raise their prices to the mid-range ($3.99 to $6.99) so as
to avoid being confused with the zillions of low-quality books priced at
$0.99 and below. They will find that they sell better at a higher
price, as long as they stay a bit below the $9.99 price point that will
be favored by traditional publishers,” says Ingermanson.
Again, there was a 180-degree difference of opinion on where the technology of digital reading will be headed in 2012...
http://goodereader.com/blog/electronic-readers/digital-publishing-in-the-coming-year/
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