Publisher puts the brakes on e-book of Stephen King novel |
Follow the ups and downs of a new Seattle startup in a series of behind-the-scenes posts by its founders.
Photo via Amazon.com
Add Stephen King to the list of authors who will be in print before pixels. Simon & Schuster today said it will delay the electronic edition of King's next novel, "Under the Dome," until more than a month after the hardcover release.
The publishers of upcoming Sarah Palin and Edward Kennedy memoirs have made similar decisions, apparently fearing that cheaper e-books (typically $9.99) will cannibalize sales of more expensive hardcovers ($25 to $35). The publishing industry has been wringing its hands over mounting threats to its traditional pricing structure — not only e-books but the holiday price war raging between Amazon.com, Wal-Mart, and Target.
Scribner, an imprint of Simon & Schuster, said "Under the Dome" will release in hardcover on Nov. 10, but won't be available in e-book form until Dec. 24, at the very tail end of the holiday shopping season. That's a blow to Amazon, which aims to offer books in Kindle form and in hardcover at the same time.
Strangely enough, Stephen King has been a proponent of e-books, and even released a short story called "Ur," exclusively for Kindle earlier this year.
Now his novel "Under the Dome" is ground zero for a lot of the tensions rocking the publishing industry. Not only has it become a test case for e-books, it's one of ten titles at the center of an ecommerce battle between the nation's top retailers. Wal-Mart, Amazon and Target are heavily discounting the books (Wal-Mart is selling them for $8.98 or $8.99; Amazon has them for $9; and Target has them for $8.99). Sears recently jumped into the fray as well.
While price cutting could drive sales on select titles, it could also readjust the value that consumers place on books, upsetting the publishing industry's business model and giving big booksellers like Amazon a lot more leverage over the market.
Follow my updates on Twitter.
ERIC ENGLEMAN is senior technology staff writer for TechFlash and the Puget Sound Business Journal, covering online retail giant Amazon.com. Engleman tracks Amazon's increasingly complex business, spanning ecommerce, Kindle, cloud computing, and more. He's been covering technology and other industries for the Business Journal since 2003.
READ FULL BIOGRAPHYSeattle Repertory Theatre presents Glengarry Glen Ross Feb 5th to Feb 28th
One of the largest and most renowned regional theatres in the country, Seattle Repertory Theatre produces a mix of celebrated classics, recent Broadway hits and cutting-edge new works in two theatre spaces. Now playing David Mamet's American classic Glengarry Glen Ross through February 28. Join us for Sales Rep Industry night February 11 with the Puget Sound Business Journal. For details click here.
Join the Microsoft WebsiteSpark program and get software, support and visibility – at no upfront cost. You’ll benefit from fast and easy access to current Microsoft development tools, platform technology and server products including Visual Studio, Expression Studio, Silverlight, Windows Web Server 2008 and SQL Server 2008 Web.
Seattle-based Adhost is a WebsiteSpark hosting partner providing dedicated servers with free Windows Web Server 2008 and SQL Server 2008 licensing for three years to Web developers enrolled in WebsiteSpark. Servers are located in our secure data center with SAS 70 Type II certification, 24x7 technical support and 24x7 client access.
WTIA 15th Annual Industry Achievement Awards
Held on March 4th at the Showbox SODO, this casual event celebrates and recognizes some of the best emerging and established companies in the Washington Tech Industry. The evening will feature a finalist company technology showcase and a variety of coffee, chocolate, and wine samples from local companies. More than 800 attendees are expected to be present at the celebration. Public online voting for Technology Leader of Tomorrow Scholarships will open February 3rd on the WTIA site.
We congratulate the 2010 finalists and look forward to unveiling the winners on March 4th. REGISTER NOW!