On the Economics of e-Books? 30
way0utwest asks: "I was searching on Amazon today for Lawrence Lessig's 'The Future of Ideas'. While browsing, I noticed that there was also an e-book version of the same title. What was amazing was that the hardcover copy of the book is $21 and the e-book, which is downloaded, is $24!
Now I may be just a simple computer programmer, but it seems to me that there is less overall 'cost' involved with the e-book and it should be cheaper. There's very little 'inventory' to store (how much disk space and electricity cost can there be?). There's no risk of having to 'return' the book to the publisher. There's no labor needed to 'ship' me the book. How can it cost more? Is Adobe charging that much for the licensing of the e-book?
Now I'm not sold on the idea of e-books, or electronic books in general (though I am looking forward to electronic paper), however it seems that either the industry is not interested in pushing e-books, or Amazon is not really paying attention (though the list price of the hardcover is $30) OR the publishers are trying to overcharge for the e-book to make up for potential piracy. Am I way off base? Is there anther explanation? Anyone?" It's frustrating to find digital media that is priced higher than the corresponding title in dead-tree form. way0utwest makes a good point in that one reason for the increased pricing is due to piracy, but one has to wonder how often e-Books get pirated? Are such prices justified or are eBooks doomed to failure because they have effectively priced themselves out of the market?
e-Books and e-Books (Score:4, Insightful)
When the word "e-Book" is used, everyone automatically thinks of reading books on a computer or PDA screen, probably because that's all most people have seen. There are numerous disadvantages to both approaches, but they all really boil down to "Those devices weren't designed for that." I think many people's preference for paper is just because they haven't seen a really good e-Book.
There are some devices out there that were designed to be electronic book readers, and they are *far* superior to PCs, Laptops and PDAs for this function. IMO, they're far superior to paper books as well in many ways (though not every way).
I have a Rocket e-Book, for example. It's a device that is just slightly larger than a paperback book, with a screen that is almost exactly the size of a paperback page. The screen is a very high resolution LCD with a backlight that can be turned on and off. It has 16MB of flash memory for storage of books and the (tiny) operating system. It connects to a computer via either a cable or infrared to download books, which are written in a simplified version of HTML and then run through a tool that packages and compresses them for download. The e-Book reader also has a high-capacity battery that allows it to run for as much as 18 hours on a charge. The UI is well-designed, with thin progress bar down the side to give you an idea of where in the book you're at, support for different font sizes, different orientations, etc., easy-to-use menus (which you almost never touch, other than to switch books).
This is a superb way to read. What do I like about it, as compared to paper?
What I don't like:
As you can see, the upsides are more numerous and more compelling than the downsides. The biggest downsides really have more to do with the fact that publishers haven't decided how to approach this e-Book thing. Here's to hoping they get it. soon.