Posts Tagged ‘Books’

Nick Hornby, McSweeneys, E-Readers and Cultural Elitism

Friday, October 9th, 2009

Last night I attended an author event in San Francisco where Nick Hornby was interviewed by Dave Eggers.  Towards the end of the evening, an audience member asked Hornby’s opinion of E-readers.  A palpable shudder went through the crowd; you could feel the room waiting and rooting for the bash to come.  Hornby went one better, bringing up the new ‘Vook’ debuted by Simon & Schuster earlier this week.  The crowd hissed, groaned, booed.  It was the kind of reaction that San Franciscans usually reserves for Republican party leaders.

Essentially what the crowd and the speakers agreed on was that there is something negated from the reading experience when you move from a book, which is singularly dedicated to the content at hand, to an electronic device, a more promiscuous format for lack of a better term.  Think for example – as Hornby did – of the difference in experience between playing a record and selecting an album to play on an iPod.

Even as a Kindle user, I’ll be the first to agree that consuming content on a Kindle is a much different experience than from reading an actual physical book.  In my mind, carrying a book around is the last stand for analog content; I long ago came to think of music and movies as files or folders, but until recently I had never thought that way about books.  In a discussion led by Eggers, the founder of an imprint that publishes some of the world’s most physically beautiful books, there is bound to be some bias towards the aesthetic experience of buying, holding and reading a book.

The most striking thing about the Kindle Bestseller list about it is its utter dominance by serial fiction – the stuff you find in supermarkets by popular authors like Janet Evanovich, Richard North Patterson and so forth, plus right-wing screeds by the likes of Glenn Beck and cohorts.  What the [ahem] cultural elites fail to understand about these books – the actual physical books – is that they are produced to be the very worst of aesthetic experiences in publishing: poorly bound, grey-papered budget paperbacks.  For devotees of these kinds of books, the Kindle actually represents an enormous step up from what they’re given today.  It’s not for nothing that Goodwills and St Vincent De Pauls are piled high with mass-market paperbacks selling for a dime each.  Nobody wants these when they’re done and there’s no meaningful secondary market.  They’re consumed and then they’re trash.

So when a San Francisco crowd starts booing a delivery device for popular fiction because it’s some kind of lowering of their standard of what a book should be, I can’t help but compare it to the same ‘cultural elitism’ that makes it impossible for them to understand the appeal of a George Bush, Fox News, or any mysteriously popular icon of so-called Red State America. E-readers are the most democratic of devices, moving the words and ideas in books out of their hallowed packaging and leveling them for all readers.  As Hornby himself discussed, there’s nothing wrong with having books be easy to read and fun for all; it’s the very cornerstone of his considerable success both as novelist and frequent Hollywood adaptee.

There will always be a market for books so long as people crave them as a key aesthetic element of their reading experience. Boutique houses like McSweeney’s may be well prepared where publishing is going: beautiful editions for those who need that experience, just as there continues to be a market for vinyl records for a certain kind of collector.  But “Democracy In America,” the kind you find in supermarkets, will increasingly go electronic.  Deal with it.

Book Publishers: Embrace The E! (or else)

Thursday, July 16th, 2009

Yesterday The New York Times reported on book publishers’ discomfort with releasing books simultaneously as E-books and through traditional channels.  One idea, not supported universally, is to release E-books later than hardcover editions in the same manner that paperbacks are held back for at least a year.  The reason proffered is to preserve the initial $20-35 hardcover price versus the $9.99 becoming commonplace for E-book editions.

sQ1EMoVD81yp2ywxp7yFX4gt_500The ‘hold-back’strategy is ridiculous and totally ignores how most readers actually use their books.  While E-Books only represent a small slice of total sales today (but growing fast), there’s little question that somebody willing to shell out $200-300 for a ‘reading device’ is likely to be a passionate reader.  As one of those, I would surmise that many of the sales on E-Readers are actually incremental to publishers’ income, keeping people like me away from used book stores and libraries.  That’s where the E-Books goldmine is for publishers: not in keeping existing sales but in diverting money away from long-standing secondary and ‘free’ markets.  While its true that publishers get a nice arbitrage gain from the de facto DRM of a first-edition hardback (tough to reproduce cheaply, tough to read freely in its reproductive form), that gain can in turn be picked up by the reader upon completing the book by selling it or trading it.  An E-Book edition is essentially non-transferable.  I pay less – and perhaps the publisher makes less – but its fungibility also destroys its secondary market value.

Take, for example, my current reading: Infinite Jest.  It’s been fifteen years since it was first published, so there are plenty of used copies out there for around $10 and libraries consistently stock it, while a new copy runs $16.  Because of its ease of delivery and portability, I elected to get the $10 Kindle edition with the publisher getting some profit and no incremental printing costs.  Had I purchased a used copy, I would likely have resold it later for half-price – meaning no profit for the publisher, virtual cost of only $5 to me and $10 profit to the used book store (for selling it twice at 50% profit).  So where is the advantage to the publisher in holding it back?  It’s simply ceded its ability to profit off of its back catalog.

This is one of the central mysteries of Kindle Store availability to date.  It features plenty of hot new titles, but the back catalog titles is still mysteriously empty with many major authors most famous works; Roth, Mailer, Pynchon, Heller and Updike just for starters.  Wouldn’t a great cut-rate selection be a great source of found profit with barely any incremental cost?  I understand there may be unanticipated contractual issues (a la last year’s Writer’s Strike over web royalties), but the longer they wait, the more the price will drive towards Zero (as it did for the music industry and iTunes).  Already sites like ebooksbay.org are popping up with ‘free’ back titles.  (I found a fully convertible PDF copy of Gravity’s Rainbow last weekend.  There goes a lost sale.)

Click here for free Free

On this very same day by coincidence, Chris Anderson’s Free: The Future Of A Radical Price was released for free on Kindle and immediately shot up to #1 on the Kindle sales chart.  I’ll leave his argument for other bloggers, but in Anderson’s eyes, he’s able to do this because he (and presumably his publisher and agent and c.) can use it as a platform to make money other ways: speaking fees, leverage at his job, increased opportunities generally.  This is also the direction the music industry has taken with its ‘360-degree’ contracts for its biggest artists; Live Nation taking a cut of all of an artist’s revenue streams, from ticket sales to licensing.  The book publishing industry needs to figure out its ‘Freemium’ strategy quickly.  As a post on Mashable points out this morning, not all Free business models are created equally.  People will pay (as I have done with IJ) for convenience or added value.  What can book publishers bring to the table?  Figuring this out quickly before E-Readers become commonplace – look for them to spread like wildfire among textbook-toting students – is absolutely urgent for an industry that’s lived off the same industrial-based business model for hundreds of years.

David Foster Wallace on Making Choices

Wednesday, July 15th, 2009

I’m trekking along with the Infinite Summer group that has dedicated this summer of The Year Of The Depend Adult Undergarment (also known as Y.D.A.U. or 2009) to reading David Foster Wallace’s Infinite Jest.  At over 1,000 pages and hundreds of characters, footnotes and plot-strands, it’s an intimidating doorstop tome, but a lot more fun than I ever hoped when I started: a recognizable Pynchon crazy-world of language games and coincidence, but eminently more friendly.  (This is a good thing, since I have been reading diligently for three weeks, nearly two weeks ahead of the ‘Book Club’ schedule, but still find myself barely 40% through the book.)  The personality and philosophical thrust of the the book seem much in line with what we know of the man, who died tragically by his own hand last year with another giant novel stuck in perpetual rewrite.

Wallace’s philosophical bent – he cares deeply about Choice and Distraction in an era with too much of both -  is the source of running plots and discussions throughout IJ.  This led me to seek out some of his other more casual writing, which in turn me brought me to this commencement address posted on Scribd.  These are wise words, worth reflecting on in our media-saturated age.

(PS For those who are not in on Infinite Jest, 2009 is Y.D.A.U. because in the IJ-world, the US President has sold off calendar sponsorships to  pay off the debt from a toxic waste disaster that destroyed four New England states, which are then expatriated to Canada.   ‘Subsidized time’ pays off the lost tax revenue from those states.  This is but a passing story in a book full of shaggy dogs.  If that tickles you even a little, consider picking up a copy.)

Click on the “Toggle Full Screen” button at right for a better view:

David Foster Wallace Kenyon Address

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