Borders won a very small victory today when six landlords granted the struggling bookseller a reprieve, giving Borders more time to think about canceling the leases on those stores.
Borders was supposed to close an additional 51 stores, but that has been reduced to 45. This is on top of the 237 stores they closed in February after filing for bankruptcy.
Back in February Apple made waves in the publishing world by changing their App Store TOS. Basically, the new rules required publishers to remove any links within their apps to purchasing options outside the App Store environment.
This meant that Apple would get a sweet 30% cut on all (ebooks, for example) sold. Apple also said that the price must be the same as, or lower, than an out-of-app purchase. This kills any attempt content providers might make to raise in-app purchase prices to make up for the 30% Apple takes off the top.
What changed?
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I just want to write a quick post and follow-up about my experience with my new Amazon Kindle WiFi. I’ve had it for almost a week now. There are only three words to describe my reaction to this device: I’m loving it!
First, reading on it is a pleasure. The crisp e-ink display is easy on the eyes. I can read for hours with no eyestrain. Also, there’s nothing to distract me from what I’m reading, so I can become blissfully immersed in the novel.
Secondly, browsing for and buying books is a breeze. I haven’t bought too many ebooks yet (I still have quite a backlog of books to read), but I have downloaded quite a few samples – preventing myself from buying a lot of bad books and saving money.
I really hope this article from Wired is a joke. The title is ’5 Reasons Why Ebooks Aren’t There Yet.’ When I saw this title, I thought maybe they’d discuss serious issues like ebook quality control, lack of a standard format, or the failure of the publishing industry to fully embrace ebooks.
Sadly, I gave Wired too much credit. Rather than addressing the serious issues, like the ones above above, the article gives us a few new shallow reasons why ebooks are still inferior to print.
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Note: I started writing this post back in the middle of May, before moving to a new house. The article source I’m use is a little dated but the main thrust of my post remains relevant.
I’ve advocated for a long time here that for ebook prices, cheaper is usually the way to go. At the very least, consumers should not be paying the same price for an ebook that they pay for the print version.
One of the reasons why cheaper is the general rule of thumb is because it produces more sales. But is this always the case? Common sense says yes. However, there are always exceptions to these rules.
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I warned everyone this might happen, and it did. I couldn’t resist and purchased a Kindle WiFi at $139. I didn’t opt for the $114 version because I figured it’s worth the extra $25 not to see any ads.
Despite owning an iPad and the Sony Reader Pocket Edition, I’ve been muling the idea of buying a Kindle for a while and finally decided to take the plunge and continue to feed my gadget addiction.
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