Andrew Wylie, the literary agent whose exclusive deal with Amazon.com last week stunned the publishing world, has threatened a broad expansion of his digital publishing business to include up to 2,000 titles if traditional publishers refuse to improve digital royalties.
Odyssey Editions are priced at $9.99 right now.
If they put out 2,000 at $9.99, that’d be a library costing $19,980.00 to assemble.
$9.99 is too high a price for a backlist book no matter its prestige or past rarity. eBooks do away with the notion of rarity.
Prices must drop.
I think backlist titles should go for no more than $4.99 — at the high end.
And Jeff Bezos talks about the new Kindle — with its 4GB or internal storage — being able to carry 3,500 eBooks.
If those eBooks had an average selling price of $4,99, a Kindle could contain $17,465.00 worth of books inside.
So worrying about carrying around a $499.00 iPad when a Kindle could contain over $17K of books inside is sorta screwy to me.
And here’s another headache-inducing question: If a Kindle stuffed with thousands of books was stolen, what kind of torment would it be to have to redownload all that to a replacement Kindle?
And writer David Hewson with the ultimate eBook headache: