Kobo objects to potentially “devastating” Competition Bureau agreement on agency pricing
By analogy, in the US, when Agency Lite was brought into existence, Kobo saw its net revenues steadily decline. Kobo has since stopped investing in marketing in the US, closed its office in Chicago and is focusing on other markets. Its market share and revenues are now negligible there.
Boldfaced emphasis added by me.
Well, there it is. What I’ve thought was the case for at least the past year.
B&N’s Nook division goes into a death-spiral of losses.
Sony pulls out and sends it eBook customers to Kobo.
Now Kobo is saying it has basically written off the American market.
That leaves Amazon as undisputed winner.
Tell me again how ePub 3 is going to save everyone from Amazon…
A Plague of Words
To wit, I’m simply blinded by choice. I can’t make up my mind what to read because there’s so fucking MUCH to read and I want to read ALL of it…
From writer Alan Glynn, whose excellent novel The Dark Fields was transformed into the rather shallow movie, Limitless.
He has a full-blown blog too, with several short stories. All this time I didn’t know — because he sucks at promoting himself.
Anyway, what Alan says is what most readers can identify with. And what’s weird is that while I sit here typing this, I realize I don’t have the same impulse towards TV and movies. I haven’t yet seen all of Breaking Bad, but I’m not in any panic to do so — as I am to get to all the books I have waiting to be read.
Previously here and at my other blogs:
Crime Always Pays: Origins: Alan Glynn
Limitless, The Movie
Lose Your Mind
Go Buy Winterland By Alan Glynn!
Writer Alan Glynn Speaks!
Calling Alan Glynn!
I believe in stripping DRM from the eBooks you’ve paid for. Not to then pass along those eBooks to others for free. People should pay writers for their work. But you have a right to be free of the potential harm that DRM can do. See above tweet!
The PDF of Judge Cote’s ruling [direct PDF link] is filled with comedy gold. You really couldn’t make this stuff up.
1) They let Eddy Cue set the deadline
2) They bought Cue’s “once-in-a-lifetime” schtick
3) They let Apple set price caps
4) They let Apple back them into a corner with MFN
5) They all wound up collapsing like cards and settling
Did any of them ever stop to think?
They fought to the end.
I really thought they would settle.
Will they appeal?
Penguin pays $75 million to settle US eBook price-fixing case ahead of Apple’s June trial
The Attorney General also confirmed the settlement earlier today, noting that the investigations and resulting litigation has recovered in the region of $164 million so far.
Boldfaced emphasis added be me.
One hundred and sixty-four million dollars.
I wonder if that even wipes out the collusive profits they made?
Apple thinks it’s invincible.
But it will fall next.
Which is a waste of marketing dollars. What are they really selling here? eBooks or a tablet? Why no mention of the Google Play Store? Why no link to just the damn eBooks?
The Business Rusch: The Death of Publishing
You’re a rotating group of widgets that might make the publisher some money.
That’s the truth.
And she also explains why the print bastards haven’t yet died — and nearly convinces me.
Amazon.com Announces Fourth Quarter Sales up 22% to $21.27 Billion
Jeff Bezos honks:
We’re now seeing the transition we’ve been expecting. After 5 years, eBooks is a multi-billion dollar category for us and growing fast — up approximately 70% last year. In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just 5%. We’re excited and very grateful to our customers for their response to Kindle and our ever expanding ecosystem and selection.
Boldfaced emphasis added by me.
Just five years for that to happen.
And Bezos was expecting it.
While the Big Six/Four clutched their pearls and did nothing.
What were they expecting? Illegal collusion to save them?
Wake up, move fast, or die.