I haven't found secure ePub from there since
agency pricing went into effect.
It calls its market share and revenues here as «negligible» and says this will happen in Canada if
agency pricing goes away.
Yes, if
agency pricing goes then the whole system will have to adjust.
I'm glad to see the discounts — thanks to
agency pricing going away, at least for the next 2 years or so.
With
agency pricing gone, Amazon would be running those pricing promotions itself, and competitors like Barnes & Noble, Kobo and Google will have to decide whether they want to spend resources matching those prices instead of building up their platforms in other ways.
'' If
agency pricing goes away, the company will be able to discount e-books the way it discounts print books...» Not quite.
If
agency pricing goes away, the company will be able to discount e-books the way it discounts print books and can likely return to its pre-agency pricing tactic of pricing New York Times bestsellers at $ 9.99.
Not exact matches
In both situations, Apple had convinced major book publishers to
go with an «
agency model,» which would let them set their own
prices on ebooks (as in raise
prices on ebooks).
The
price discipline relied on by the global duopoly of BPC and Canpotex (Saskatchewan's potash international shipping
agency) has — at least for the time being — ended, but according to analysts it's the big players who are really
going to be able to weather the industry's current troubles.
So if you drew a horizontal line and call that fair value like Ben Graham said, and then you draw a wavy line around that horizontal line and call that stock
prices, the market is pitching us opportunities all the time between stocks that are way below fair value and way above fair value, the reason investors don't beat the market has nothing to do with the market is not throwing us pitches in that it's not still emotional, they are behavioral problem, there's
agency problems, there is a lot of other issues
going on but it's not because we're not getting really great pictures all the time.
The HHS secretary
went on to say that his
agency wanted to find ways for Medicaid and Medicare to bring drug
prices down by creating more resources to negotiate with pharma companies.
I know it doesn't feel quite like buying groceries, but the moment you decide to get proactive and join an Internet Dating Site, dating
agency or club and money is
going to change hands... which now makes you a consumer; the fact that you're seeking to buy something that you can't put a
price doesn't mean other people haven't.
Amazon (and others) eventually
went along with the
agency pricing model at the insistence of publishers.
The pitfalls of discussing new contracts all at once would be tantamount to collusion and would
go against the DOJ settlement on
agency pricing.
If Amazon had wanted to
go head - to - head with Apple a few years ago — a giant who enjoyed monopoly control over both the online music business and the market for related hardware like the iPod — it might have offered record labels the opportunity to cut a deal that would have guaranteed them higher
prices, just as Apple has done with publishers and the
agency -
pricing model.
E.g., if you're an SF / F reader and you're looking for Jim Butcher's latest, sorry, his stuff's under
agency pricing, so you're
going to pay
agency pricing on it no matter who you buy it from.
If a retailer is saying you can't do
agency pricing any longer and you're
going to
go from a 70 % cut of the
price to a 50 % cut of the
price; that's a big deal to them... but we don't know if that's the case.
Of all the directions this could
go, Heck sets up an
agency for which he'll travel to hell to seek answers from or get messages to the dead... for a
price.
My opinion is that they
went along with this because they wanted into iBooks / iTunes and the only way to do so was to accept Steve Jobs» terms and that meant forcing Amazon, B&N and other e-book retailers to adopt the
agency pricing model.
And remember, even though they aren't saying it now, the initial reason for publishers
going to
agency pricing was to prevent the «cannibalization» of hard copy sales.
So we told the publishers, «We'll
go to the
agency model, where you set the
price, and we get our 30 %, and yes, the customer pays a little more, but that's what you want anyway.»
We told the publishers, «We'll
go to the
agency model, where you set the
price, and we get our 30 %, and yes, the customer pays a little more, but that's what you want anyway...» They
went to Amazon and said, «You're
going to sign an
agency contract or we're not
going to give you the books.»
When the
Agency Pricing model
went into effect, many of the authors whose books I read disappeared from my ebook store of choice (ironicaly, the publishers» collective desire to take on Amazon's power in the ebook market drove me to the kindle store.)
But the shortsightedness of publishers falling fast for the
Agency plan is that they actually think that if they keep e-books away from the customers by either delays or
pricing, that customers will
go to hardcovers or pay the 50 % higher
price for a digital version.
He
went on to show that the reason for the lower
prices is the
agency model was basically driven by the consumers.
Well Google is
going with the
Agency Model and allowing publishers to establish their own
prices.
Major publishers are
going to begin dispensing refunds to people who purchased eBooks from Apples iBookstore at
agency level
prices.
Some of the events of 2011 were of the «you coulda seen it coming» variety — Borders closing or Random House
going to the
agency pricing model.
So why didn't Kobo start adapting when it became clear here and in England that the
agency pricing model, as it existd, was
going to be struck down?
It seems brutally clear that every publisher is
going to shift to the
agency model: They set their own
price for books, and whoever's selling it takes a cut.
Unsurprisingly, when
prices went up on
agency -
priced books, sales immediately shifted away from
agency publishers and towards the rest of our store.
But I think we might be a couple years away from breaching 50 % — which might require a technological advance like color e-Ink or foldable screens, or a game - changing event in the publishing world, such as superstar authors
going independent and straight to e-books, big publishers embracing e-books, or lowering of e-book
pricing (perhaps as a result of the
agency model
going away).
In the most fraught section of Grandinetti's testimony, Heiss referred to a section of Grandinetti's deposition in which Grandinetti said that, following the introduction of
agency pricing, ebook
prices went up «across the board.»
Heiss then
went on to cite «Amazon data» that showed that statistics showing that four publishers actually lowered
prices on many NYT bestsellers after the introduction of
agency pricing.
For now, they are
going along with a temporary
agency model for
pricing, and this is what is causing the problem.
Indie publishers who
go through Smashwords have dropped their
prices, but, under
agency, big publishing houses upped their
prices from $ 3 - 5 / book overnight.
The next issue I had with the author's assertion that Amazon is The Big Evil
goes to her condemnation for Amazon refusing to sell books from the Big Five (it wasn't six at that point) back at the beginning of the
agency pricing model.
We'll start back before April Fools Day, 2010 — the day that the
agency model took effect — and continue right through to today and beyond by looking at some of the available tea leaves to see where
prices, and the book business in general, are likely to
go in the future.
E-book
prices on average were lower than $ 9.99 when Amazon brought their suit, and they grew lower after the
agency model
went into play and other vendors could get a toehold in the market.
Now with
agency pricing back in full swing, and publishers putting whatever
price they want on their eBooks (per the Hachette / Amazon dispute), I think you're
going to see a surge of
pricing changes in 2015.
He explained that, under the agreements, Apple would «
go to [an]
agency model, where [publishers] set the
price, and we get our 30 %, and yes, the customer pays a little more, but that's what [publishers] want anyway.»
Now, I could
go on and on about
agency pricing,
price fixing, terms like «paperback ebook
pricing» and «hardcover ebook
pricing» and so on....
On April 1, 2010, the day that the
agency model
went into effect for its proponents, there were 480,236 ebooks in the Kindle Store, and 23 % of them were
priced at $ 10 and up.
They are not looking at the way indie and small press digital sales continue to climb while that trend for traditional publishers has slowed, especially after
going back to an
agency - like
pricing.
Grr, between this whole
agency pricing fiasco and DRM makes me want to
go back to strictly print books.
Random House (the lone big publisher not
going with the
agency model) and smaller publishers and indie authors can
price books at $ 9.99 or lower.
Isaacson quotes Jobs as saying: «So we told the publishers, «We'll
go to the
agency model, where you set the
price, and we get our 30 percent and yes, the customer pays a little more but that's what you want anyway.»
Agency pricing does not
go away.
For those who are unaware, the retailer and the publisher have been locked in a dispute over contract terms; Amazon wants to remain under the wholesale model in which it gets to determine the
price of the ebooks it sells, even if that means taking a loss in order to pass the savings on to the customer, and Hachette wants to
go to the briefly - instituted
agency model in which the publisher determines the
price.
Under the
agency model, the publisher is the only party that can discount e-books, and an e-book's
price must be the same across all retailers (i.e., an e-book can't
go on sale at just one retailer).