I suspect it's a rather hopeless venture, at least for technical books. I just spent a couple of days with my editors at Addison-Wesley. Since I have about 250 adoptions of my textbook in the US, both I and AW are very interested in all these issues and have been following the various attempts publishers are using to try to make money using the internet. For example, AW created CourseSmart where students get access to the book on the internet for the semester at about half of what the physical book would cost. That venture doesn't seem to be doing very well. Part of the reason is purely economic. If a student can resell the book to the bookstore at the end of the semester for 50% then why use the electronic version.
But the most salient factor seems to be that students do not like reading technical books on ipads, kindles or any other device. One interesting option is that some publishers are offering is a combined option where you get both the physical book and the electronic version for a little more than the cost of the physical book. Students seem to like option that since they can have the electronic version on a portable device while in class but use the physical book to study with. But of course that costs even more than the outrageous prices students have to pay for just the physical book. All in all, the publishers have not a clue as to how to get out of the death spiral they're in. Once the used book sellers got organized, the publishers responded by hounding authors to do new editions every couple of years, an act that drove the price of textbooks through the roof since most of the cost is in the production of the book not in the marginal cost of printing more copies. It's gotten to the point where at a place like UNM where students really struggle financially, the cost of textbooks is edging to towards the cost of tuition. Many of us authors have seen our royalties stay the same as the cost of books rises while the numbers sold go down but we don't feel very good about the situation. Ed __________ Ed Angel Chair, Board of Directors, Santa Fe Complex Founding Director, Art, Research, Technology and Science Laboratory (ARTS Lab) Professor Emeritus of Computer Science, University of New Mexico 1017 Sierra Pinon Santa Fe, NM 87501 505-984-0136 (home) [email protected] 505-453-4944 (cell) http://www.cs.unm.edu/~angel http://artslab.unm.edu http://sfcomplex.org On Jul 19, 2011, at 9:17 AM, Owen Densmore wrote: > Interesting: digital rental of text books at amazon: > http://www.iclarified.com/entry/index.php?enid=16101 > > Others have done this sort of thing but this is pretty big-time. And I > notice that this is not only for the kindle device, but also for your > computer, phone, ipad via their kindle apps, which now allow color, even > though the kindle itself is black/white only. > > -- Owen > > -- > You received this message because you are subscribed to the Santa Fe Complex > "discuss" group. > To post to this group, send email to [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/a/sfcomplex.org/group/discuss
============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
