Cutting their own throats
If the big six began selling ebooks without DRM, readers would at least be able to buy from other retailers and read their ebooks on whatever platform they wanted, thus eroding Amazon's monopoly position. But it's not clear that the folks in the boardrooms are agile enough to recognize the tar pit they've fallen into ...
Via Mediabistro's GalleyCat:
The private equity firm RLJ Equity Partners has acquired Media Source, Inc. (MSI), the company that owns School Library Journal, Library Journal, Junior Library Guild and The Horn Book.
RLJ founder Robert L. Johnson had this comment in the release: “We believe MSI is a very important company in terms of its contributions to improving library systems and public school systems … We are pleased to own a company that is a trusted resource for librarians and school systems across the country and look forward to expanding in metropolitan markets domestically and internationally.”
Royal Society journal archive made permanently free to access
The Royal Society has today announced that its world-famous historical journal archive – which includes the first ever peer-reviewed scientific journal – has been made permanently free to access online.
Around 60,000 historical scientific papers are accessible via a fully searchable online archive, with papers published more than 70 years ago now becoming freely available.
Laura sent over a link to Will Amazon Kill Off Publishers?
Amazon is getting a lot of heat these days over its attempts to push its way into the hearts and minds of readers, writers and the larger book culture -- even comic books. Indeed, the news last week that Amazon would aggressively expand its publishing efforts by signing up authors has ruffled the feathers of many agents and publishers.
Will Amazon's plan shake up the book publishing industry as more writers have the option of a one-stop shop: agent, publisher and bookseller? Are publishers still needed?
ACM opens another hole in the paywall
Unlike some newspapers, which are suffering badly in the Internet age, major nonprofit scholarly publishers such as the ACM are in good financial health, with a diverse array of activities and revenue sources: membership dues, conferences, refereed journals, magazines, paid job-advertisement web sites, and so on. Still, there is a lot of experimentation about how to survive as a publisher in the 21st century, and this appears to be the latest experiment.
Three major publishers said on Wednesday that they would allow their authors to access book sales data directly online, a move that appeared to challenge Amazon and its continued efforts to woo authors.
October 16 article at NYT.com
It has set up a flagship line run by a publishing veteran, Laurence Kirshbaum, to bring out brand-name fiction and nonfiction. It signed its first deal with the self-help author Tim Ferriss. Last week it announced a memoir by the actress and director Penny Marshall, for which it paid $800,000, a person with direct knowledge of the deal said.
Publishers say Amazon is aggressively wooing some of their top authors. And the company is gnawing away at the services that publishers, critics and agents used to provide.
Several large publishers declined to speak on the record about Amazon’s efforts. “Publishers are terrified and don’t know what to do,” said Dennis Loy Johnson of Melville House, who is known for speaking his mind.
Amazon's low-priced bestsellers and Kindle e-reader are famous for changing the book industry. What's not so well known is how deeply Amazon's tentacles reach into all parts of the industry, including its growing interest in inking deals with authors to publish some of the hit books Amazon sells.
Booksellers and publishers are crying foul, saying they're being cut out of the chain by an aggressive Goliath. But some authors who have recently signed with Amazon Publishing say the company simply offered them a better, fairer deal than traditional publishers.
Full piece at: CNNMoney
Discussion and comments on article at Amazon Sellers thread
Peer review and the corruption of science
Pressure on scientists to publish has led to a situation where any paper, however bad, can now be printed in a journal that claims to be peer-reviewed...By and large, the problem does not arise from outright fraud, which is rare. It arises from official pressure to publish when you have nothing to say.