Nasty iPad Side-Effects
I have been watching the little spat between Macmillan and Amazon.com with some interest, since I think it represents a very important turning point in the publication industry. Amazon.com published their side of the story, and Macmillan published theirs. In the end, Macmillan won, and you and I lost.
The gist of the story, Macmillan insisted that Amazon.com start charging between $12.99 and $14.99 for the Kindle versions of Macmillan’s books. Amazon has generally charged $9.99 or less, and wanted to keep it that way. Amazon stuck to their guns for a couple of days, going so far as pulling all Macmillan publications from Amazon.com. Well, today Amazon caved, and Macmillan’s new release Kindle books are now between $12.99 and $14.99. On the bright side, Macmillan promises that older books will reduce in price, to the $6.99 range. How good of them!
I for one bought Kindle books because they were cheaper than their hard-backed counterparts. All other things being equal, I’d prefer the physical book to the electronic one. So, when I’m not saving anything by buying the Kindle version, it’s not likely I will be buying the Kindle version.
You can bet that very soon other publishers will follow suit, and all new Kindle books will be roughly the same price as their paper equivalents. This is 100% due to the greed of the publishers. Electronic books are cheap to produce. Much much cheaper than paper books. There is no logical reason to raise the price of electronic books, and frankly, even $9.99 was more than they should have been.
What’s truly unfortunate is that this is Apple’s fault. They are entering into similar deals with publishers (to sell books in the $15 range), and publishers are undoubtedly playing this card against Amazon. “Do what we tell you, or we’ll enter an exclusive deal with Apple.” Amazon’s hands are tied, and we, the readers, lose.
Sorry Apple, sorry Amazon, I don’t intend on buying any ebooks as long as their cost is comparable to the physical book. Here the publishers win, because they know that we’re all suckers for new releases, and they’ll get their $15 one way or another. Ass holes!