Representatives from Amazon's US and UK Kindle teams held meetings with three
major agency publishers and a group of prominent agents last week in a...
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).
Estimates are based on the analysis of various elements related to the ad spending market, including macro-level economic conditions; historical trends of the advertising market; historical trends of each medium in relation to other media; reported revenues from
major ad
publishers; estimates from other research firms; data from benchmark sources; consumer media consumption trends; consumer device usage trends; and eMarketer interviews with executives at ad
agencies, brands, media
publishers and other industry leaders.
The most recent attempt started in 2010 when five
major U.S.
publishers — MacMillan, Hachette, Simon & Schuster, HarperCollins, and Penguin — entered into a so - called
agency pricing model with Apple, then allegedly used the Apple deal as leverage to force other retailers into adopting the same pricing model.
Donald Maass is the head of Donald Maass Literary
Agency in New York, selling more than 150 novels every year to
major publishers in the U.S. and overseas.
Blue Heron Literary is a boutique
agency based out of Seattle that places fiction and nonfiction with
major and independent
publishers throughout the U.S. and around the world.
While Weinstein doesn't see corporate publishing going away, ever, he does think the business is at «an enormous transition point» and that the outsourcing
major publishers have been doing for years — forcing agents to do more editing, going with outside PR, telling authors they need to take hold of their own marketing — will mean that more
agencies, and others, will jump into the publishing fray.
During the interview, Lakshmi also talks about how he worked with former literary agent Mark Malatesta to improve his manuscript and pitch materials, resulting in literary
agency representation with his first choice literary agent, who then got offers from three
major publishers: Penguin, Harper Collins, and Random House.
Housed within this deceptive geography are
major record companies, music
publishers, talent managers, booking
agencies, entertainment lawyers, recording studios, trade organizations and kindred enterprises.»
Now with
agency pricing back, a new book ranges from $ 9 to $ 12 to $ 18 from a
major publisher.
Some authors (who've gotten NO positive responses from literary agents and / or hundreds of rejections) have written new Query Letters that Worked... resulting in full manuscript requests, representation offers from top literary
agencies, and book deals with
major publishers.
If approved, «the lawsuit would represent any purchaser of an e-book published by a
major publisher after the adoption of the
agency model by that
publisher.»
Eve worked as a literary agent at The Zachary Shuster Harmsworth Literary
Agency for five happy years where she developed, edited, and sold a wide variety of books to
major publishers.
The term «
agency pricing» may not be familiar to those outside the book industry, but it has become a serious issue with the Justice Department's antitrust case against Apple and five
major book
publishers for colluding on prices as a defensive move against Amazon (NSDQ: AMZN).
Our
agency deals closely with all
major and independent
publishers.
Industry insiders and general interested parties proclaimed that under the new
Agency model being adapted by
major publishers in determining global eBook prices, violates anti-trust and anti-competitive laws.
The
Agency model is also under fire right now, especially in Europe where the EU is launching a
major investigating in
Publisher Price Cartels where price fixing is illegal.
Sorry, but for the
major publishers — you know, those
publishers who are being sued by the Department of Justice for price fixing and for others who have followed in their footsteps and have implemented
agency model pricing — they don't want to sell the e-book.
Supporters of the traditional publishing industry argue that the
major publishers — despite their massive size and dominant role in the print market — need tools like the
agency model in order to protect themselves from Amazon's dominance in the e-book business and have to protect their profit margins so they can smooth the transition from print to electronic publishing.
Bio: A literary agent in New York, Donald Maass's
agency sells more than 150 novels every year to
major publishers in the U.S. and overseas.
After Amazon acquiesced to the
agency model, all of
Publisher Defendants»
major retailers quickly transitioned to the
agency model for e - book sales.
If it is proven that Apple was not at fault in establishing an
agency model with the other
major publishers, the computer and tablet giant still has the allegations from the EU's commission to contend with when the US is finished.
Almost every single
major publisher has disclosed strong single digit loses, primarily due to the
agency model driving up the cost of e-books.
Most Kindle Nation Daily readers are aware that the U.S. Department of Justice (DOJ) has filed a
major antitrust lawsuit against Apple and the five original «
agency model»
publishers charging them with a massive price - fixing conspiracy in violation of federal law.
Should the
publishers be forced to abandon the
agency model, many in the industry believe it will still be a matter of trying to keep up with the
major retailers in the book industry, potentially leading to a loss in revenue.
Once approved, the lawsuit would represent any purchaser of an e-book published by a
major publisher after the adoption of the
agency model by that
publisher.
HarperCollins and Hachette are the first
major publishers to absolve the
agency pricing model for the UK version of Amazon.
The USA Justice Department was looking into allegations that Apple colluded with
major publishers to establish
agency pricing.
Major publishers are going to begin dispensing refunds to people who purchased eBooks from Apples iBookstore at
agency level prices.
Bottomline: The
agency model is for those who want to protect the broken, status quo of the book business who want books to be physical items that are sold for high margins through independently owned bookstores (translation: The American Booksellers Association and the
major book
publishers).
The DOJ says that Apple and various
major publishers colluded on ebook pricing, each agreeing that the
publishers would embrace an
agency model for ebooks — one where the
publishers set the price for the ebooks, with the retailer taking a percentage.
With a majority of the
major publishers now going to the
agency model, it's logical that the final two, Penguin and Simon & Schuster, won't be far behind, especially since they're a part of Steve's team.
The injunction also prevents Apple from simultaneously negotiating new no - discounting
agency deals with the
major houses, instead forcing the tech giant to negotiate with each
publisher separately, in exclusive windows, staggered six months apart.»
The
Agency has negotiated over 150 book, film, and television contracts and has attended many of the
major international book trade fairs including Frankfurt, London, and Book Expo conventions in the US and Canada to meet with editors,
publishers, and sub-agents on behalf of the
Agency's clients.
Sales of Konrath's $ 2.99 ebook will deliver him about $ 2.10 a copy (Konrath says $ 2.04; not sure where the other six cents is going...), as much or more as he would make on a $ 14.95 paperback from a trade
publisher, and significantly more than he'd make on a $ 9.99 ebook distributed under «
Agency» terms and current
major publisher royalty conventions.
It assured each
Publisher Defendant that it would only move forward if a critical mass of the
major publishing houses agreed to its
agency terms.
In a letter to users posted on iFlowReader's Website, the developers explain that Apple's policy, combined with the
agency model now adopted by most
major publishers (which gives sellers a 30 percent share of the proceeds), makes iFlowReader unsustainable.
The end of the love affair between Amazon and the
major legacy
publishers came with the
agency pricing model.
The EC also calls attention to most - favored nation clauses (MFNs) in Apple's
Agency agreements: «to avoid lower revenues and margins for their ebooks on the iBookstore, the publishers had to pressure other major e-book retailers offering ebooks to their consumers in the EEA to adopt the agency model.&
Agency agreements: «to avoid lower revenues and margins for their ebooks on the iBookstore, the
publishers had to pressure other
major e-book retailers offering ebooks to their consumers in the EEA to adopt the
agency model.&
agency model.»
One continues to be dominated by
major publishers, and increasingly uses
agency pricing as a strategy to support print book sales.
What appears to be happening, writes Shatzkin, is that higher
Agency pricing by
publishers may be placing the
majors» ebooks right out of the market for many potential buyers.
It's because of a thing called «
agency pricing,» and the U.S. Department of Justice are considering suing Apple and the
major book -
publishers over colluding to fix prices.
Sorry, but for the
major publishers — you know, those
publishers who are being sued by the Department of Justice for price fixing and others who have followed in their footsteps and have implemented
agency model pricing — they don't want to sell the e-book.
In the previous case of Amazon removing Macmillan's buy buttons, this was in response to Macmillan colluding with Apple and four other
major publishers to illegally force the
Agency model upon Amazon.
You write in a vacuum or for a professor who frowns on genre; you workshop with other writers; you craft a query letter; you appeal to the tastes of an intern at a literary
agency; you claw your way out of the slush pile; you hope to win over an editor at a
major publishing house; your book comes out a year later and sits spine - out on a bookshelf for six months; it gets returned to the
publisher and goes out of print; you start over.
That model, known as
agency pricing, has helped keep big
publishers afloat in a time of
major transition.
Their book was rejected by every
major New York
publisher of commercial women's fiction, despite representation by a top NYC literary
agency.
For a look back at the history of Apple negotiating with book
publishers and a little more on how the agency model came about, I recommend this WSJ article from 2010 and Michael Cader at Publishers Marketplace's look at how the introduction of the iPad gave publishers «the opportunity to change the basic selling terms of ebooks with at least one major trading partner in a way that lets [them] take back control of pricing and reassert their vision of the value of an electronic version of a bo
publishers and a little more on how the
agency model came about, I recommend this WSJ article from 2010 and Michael Cader at
Publishers Marketplace's look at how the introduction of the iPad gave publishers «the opportunity to change the basic selling terms of ebooks with at least one major trading partner in a way that lets [them] take back control of pricing and reassert their vision of the value of an electronic version of a bo
Publishers Marketplace's look at how the introduction of the iPad gave
publishers «the opportunity to change the basic selling terms of ebooks with at least one major trading partner in a way that lets [them] take back control of pricing and reassert their vision of the value of an electronic version of a bo
publishers «the opportunity to change the basic selling terms of ebooks with at least one
major trading partner in a way that lets [them] take back control of pricing and reassert their vision of the value of an electronic version of a book.»
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.
One of the
major reasons seen for the seismic shift from trad to indie is the return to
agency pricing by the Big 5, which has brought sharp rises in ebook prices from the trad
publishers.