Really fascinating move by Hyperion. I think it marks an intelligent strategic shift but one that wont work for everyone. It allows them to concentrate capital on core brands and remove the distraction of less essential brands that might well be better housed under other houses. It will be interesting to see how their rivals react. It certainly provides an alternative to merger mania which has been prompted by the Penguin/Random deal:
The decision means that Hyperion is migrating away from the traditional book-publishing model of actively competing with other publishers for new titles. Instead, Hyperion, which is part of Disney’s ABC Television Group, will look for books either linked to ABC television properties or that it believes can be extended to television or other corners of Walt Disney.
via Hyperion to Put Older Book Titles on Market – WSJ.com.
It’s nice to see Tana French getting such good coverage in the US!
Some thriller writers burst onto the scene in a sudden blaze of hype, while others bubble under the level of mass awareness for years before gaining a significant following. Two authors who have been steadily attracting fans—but not much fanfare—are Tana French and Dennis Tafoya. Both are likely only to widen their audiences with their latest work.
via Book Review: Faithful Place; The Wolves of Fairmount Park – WSJ.com.
It seems to me that a price war sparked by Borders is the least likely outcome, but perhaps I’m missing something!
For consumers, the entrance of Borders into the e-book marketplace may mean lower prices on some titles. Although five of the six major book publishers have converted to an “agency” pricing model, setting their own retail prices, Bertelsmann AG’s Random House publishing group and many smaller publishers still employ the traditional wholesale model—meaning Borders could choose to discount some titles aggressively from these publishers in a bid to drive traffic to its website.
via Borders Group Launches E-Bookstore With Titles Provided by Kobo – WSJ.com.
PS: Searching for a good nae for these link posts. I think in future I’ll hold off on Go Read This except for great posts, but Quick Links or Link Post seems a bit lame all the same!
Or as we call them Mobiles
The Wall Street Journal has an interesting piece on Cellphone novels in Japan in case you missed the recent NY Times piece:
According to industrywide data cited by Japan’s largest cellphone operator NTT DoCoMo Inc., sales from mobile-book and comic-book services are expected to more than double, to more than $200 million from about $90 million last year.
Prompted by this post by James Bridle, I downloaded A Tale of Two Cities to my mobile and frankly I’m in love with the idea. I’ve already read a few chapters while dallying around and suspect it will form the basis for my public transport/bored in company reading for days to come!
Read the articles then download a book!