Interesting piece throughout. Perhaps the most interesting thing is the way it illuminates just how much easier digital makes publishing, for everyone. Interesting too that the bookstore is seeing opportunities upstream from book-selling, driving its own revenues, something there has been too little discussion of in recent years among bookstores. If Amazon is doing a good ob of gathering exclusive ebook content through KDP, there’s many reasons to believe that bookstores are even better positioned to capture this kind of exclusivity at a local level, to act as publishers for that material and to profit from it too:
The Imai Shoten bookstore chain, based in the western prefecture of Shimane, published the electronic edition of “Shutei Kunchu Meigetsuki” (Revised Version of Annotated Meigetsuki) in October. Meigetsuki is the diary of famed “waka” poet Fujiwara no Teika (1162-1241).
The bookstore chain released the first edition of the annotated diary in the form of a printed book in eight volumes in 2002, selling 200 copies and winning high praise. The company had also been working to publish a revised edition of the title, but could not do so because estimated benefits were not worth the required costs.
“It would be impossible to release the revised work without digitizing it,” says Yasuhiko Tago, chairman of the bookstore firm. “I believe that we will be able to turn the introduction of e-books into a great opportunity for the publishing world.”