Officials at Amazon believe subscription-based ebook consumption is an inevitability, and will continue to invest in and build the company’s Kindle Unlimited service as part of an effort to stay ahead of the emerging trend, Russ Grandinetti, senior VP, Kindle, at Amazon explained during a candid general session interview on January 14 at the Digital Book World Conference and Expo 2015. In a separate panel, publishers expressed enthusiasm for Oyster and Scribd as discovery platforms.
Amazon and Hachette Book Group have ended the pricing dispute that the two have been waging since spring of 2014. On November 13 they jointly announced a multiyear agreement for ebook and print sales. The new terms will go into effect in early 2015, but Hachette has said that even before that time Amazon will restore its previous supply of Hachette titles and make them available for pre-order, as well as including them in promotions on the site.
Not surprisingly, the library industry continues to digest and debate the potential impact from the launch of Amazon’s Kindle Unlimited (KU) ebook subscription service. It is big news, but KU is not a new concept. Indeed, the concept was established by other similar services such as Oyster and Scribd, and over time will likely include […]
Libraries are about much more than books. This simple truth bears repeating in light of the response to Amazon’s July announcement of the Kindle Unlimited ebook subscription service and the all too many reductive and ill-informed reactions that followed.
In a Kindle forum post dated July 29, Amazon reveals specific details of its sticking points with Hachette Publishing Group over profit-share and ebook pricing—and in doing so, doesn’t do Hachette any favors.
Describing the service as a potentially “disruptive challenge to libraries,” Jamie LaRue, principal of LaRue and Associates Consulting, told LJ that “even in rural areas now, a lot of folks have ereaders, and find that they prefer ebooks. This kind of service, at that price point, will probably result in another market shift. $9.99 is a pretty good deal.”
For patrons who live in rural areas, finding the book they want is not always easy. The local library can’t collect everything, and interlibrary loan (ILL) can be slow to deliver, if it is even available. Purchase and fast shipping from Internet booksellers like Amazon.com offer an alternative, but not everyone can afford it. Now, the California State Library (CSL) has embarked on a pilot project to redress that situation.
In a quick reversal of its position on Kindle lending, Penguin on September 26 loosened the terms of its renewed agreement with OverDrive, announced only the day before. The publisher has agreed to allow library patrons to download ebook titles wirelessly via OverDrive’s “Get for Kindle” function instead of, as initially announced, first downloading titles to a computer, and then side-loading those titles to their Kindle classic or Paperwhite using a USB cord.
“Penguin will resume doing business with OverDrive as of this morning,” Penguin spokesperson Erica Glass told LJ on September 25. According to a blog post by Karen Estrovich, collection development manager for OverDrive, 17,000 Penguin ebooks are already “live and available for purchase in OverDrive Marketplace.” Although Estrovich refers to the transaction as a purchase, the books are being offered for a one year term on a one copy/one user lending model.