Amazon-Macmillan fight heats up |
Connect with TechFlash on our Facebook page for all the latest technology news headlines and commentary, plus information and access to special events, photos from events, promotions and more.
Despite Amazon's recent statement that it would eventually have to "capitulate" to publishing house Macmillan over electronic book prices, the online retailer has continued to disable the buy button on Macmillan titles, both hardcover and digital, on its website. Today, Macmillan fired back, taking out a full page ad in the New York Times for one of its top titles, "The Checklist Manifesto," by Atul Gawande. The ad says the book is "Available at booksellers everywhere except Amazon."
"The Checklist Manifesto" is published by Metropolitan Books, an imprint of Macmillan. Macmillan is getting more vocal in its fight with Amazon. Macmillan CEO John Sargent earlier took out a paid ad in Publishers Marketplace explaining his position to authors and the literary community.
Macmillan wants to set higher retail prices on new release and bestseller e-books, up to $14.99, with retailers like Amazon taking a 30 percent cut. Amazon's current model is to pay the publisher half the hardcover list price for e-books and sell them for $9.99, often at a loss. Macmillan and other publishers typically make more money off e-books under the Amazon system, but fear that the $9.99 standard will lower the value of books generally in the mind of consumers.
Some publishers, Macmillan included, say they will delay digital editions for Amazon's Kindle unless their pricing demands are met. Looming over all this is Apple, which is offering publishers the ability to set higher prices on e-books on its new iPad tablet.
While Amazon signaled it will "ultimately" bow to Macmillan's position, the online retailer isn't moving fast to restore Macmillan books — perhaps sending a signal to other publishers that it intends to play hardball on the e-book issue.
Update: Macmillan CEO Sargent just took out another ad in Publishers Marketplace, saying his firm has been in "constant discussions" with Amazon. Addressing Macmillan authors and illustrators, he writes:
I cannot tell you when we will resume business as usual with Amazon, and needless to say I can promise nothing on the buy buttons. You can tell by the tone of this letter though that I feel the time is getting near to hand.
Update: Hachette is reportedly moving toward the "agency" model of e-book prices favored by Macmillan. And Rupert Murdoch — CEO of News Corp., which owns publisher HarperCollins — has signaled that he's planning to renegotiate e-book prices with Amazon as well.
Follow my updates on Twitter.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
Who's creating today's energy efficient buildings? Find out at the BetterBricks Awards, Feb. 16
BetterBricks Awards salute the individuals leading the way for high performance commercial buildings with an emphasis on energy efficiency. Join us as we recognize these standout green building professionals.
Award categories include: Advocate; Architect/Designer; Facility Manager/Operator; and Owner/Developer.
Keynote Speaker: Kevin Kampschroer, Director of U.S. GSA's Office of Federal High Performance Buildings. Kevin leads the U.S. General Services Administration's efforts in building sustainability and accelerating industry adoption of sustainable principles across all aspects of a building's life.
Register here by February 10!
If you are interested in buying a table, email Monica Alquist or call her at 206-876-5404.
The Triple Door Presents: The Atomic Bombshells "J'ADORE!: A Burlesque Valentine"
Seattle's reigning Burlesque super-troupe delivers a gorgeous and glittering VALENTINE featuring some of the Bombshells' most exhilarating acts to date. J'Adore! promises to celebrate l'amour with good humor, style, and a healthy dose of dazzle! Bring a friend, a lover, a family member, or a secret crush, and celebrate with the Valentine's Burlesque spectacular that will leave you shouting: "J'ADORE......The Atomic Bombshells!" The incomparable Jasper McCann emcees with high style and charm.
Please visit www.thetripledoor.net for a full schedule of future performances.
The Triple Door Presents: Bob Mould – See A Little Light: An Evening of Reading and Music
"Bob Mould. Those two words are synonymous with integrity. From Husker Du in the last century to right at this moment, Bob is the real deal, writing and playing music for music's sake. He's a great songwriter and performer. I have been a fan of Bob's for thirty years now with no end in sight." -Henry Rollins
Please visit www.thetripledoor.net for a full schedule of future performances.
Why Choose BDO for your SOC (previously SAS 70) Reports?
BDO’s experience in providing attestation services (SAS 70/SSAE 16, AT 101, AT 201, AT 601, etc.) to a broad range of industries, and our team of skilled professionals distinctly qualifies us to serve as your company’s Service Auditor. By leveraging the BDO global network of control specialists, we are poised to provide global services in more than 1,000 offices and across 119 countries. Many organizations find that investing in reports on controls may result in benefits, including:
• Increased client confidence
• Improved competitive advantage
• Minimization of frequent audits
• Streamlined business processes and controls
• Enhanced risk management
For detailed information contact Paul Martini at pmartini@bdo.com.