backtop


Print

Google looks to take Amazon on in digital book industry

Print publications like newspapers and magazines are finding that the digital age is making it hard for traditional printed media to compete. Consumers can get the same news online faster and free in most instances. The traditional printed book is still doing well, though some companies are finding success with digital versions of novels and books.

The most successful seller of digital books is Amazon, but the digital books are mostly tied to its proprietary Kindle device. An iPhone application is offered that will allow reading digital books on the small iPhone screen.

Over the weekend, Google announced that it was ready to take Amazon on in force in the digital book market according to the New York Times. Google held discussions with major publishers at the Book Expo convention in New York.

Google will offer a new program that allows publishers to sell digital versions of their books directly to consumers though Google. The program would put Google in direct competition with Amazon. The Google offering could prove to be more popular with publishers that Amazon's program because Google says it will allow publishers to set their own pricing for books.

Amazon charges a flat fee of $9.99 for each digital book. The NYT reports that the average hard cover book sells for $26, significantly more than Amazon’s fee. Amazon reportedly takes a loss on each digital book it sells.

David Young CEO of Hachette Book Group said, "Clearly, any major company coming into the e-book space, providing that we are happy with the pricing structure, the selling price and the security of the technology, will be a welcome addition."

Google is already in the digital book publishing business in one way. The search giant has scanned over seven million books from university libraries with a major portion of the scanned titles being those that are out of print.

The NYT reports that the e-book retail program would be a separate program from the book-scanning project, which has come under fire from the Justice Department for antitrust implications.





"DailyTech is the best kept secret on the Internet." -- Larry Barber
Related Articles






Most Popular ArticlesiSO 11 is Almost Ready:
September 19, 2017, 7:48 AM
Samsung Galaxy S9 – Latest Leaks
September 24, 2017, 6:57 AM
Intel Coffee Lake release date
September 10, 2017, 6:07 AM
We will Get 5G Phones in 2019
September 19, 2017, 6:49 AM
Google Pixel 2XL will reportedly cost less.
September 20, 2017, 6:17 AM

Latest Blog Posts






botimage
Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki