News & Announcements 12/21/12

by | Dec 21, 2012 | 0 comments

Macmillan Says Renegotiated E-Book Deals Allows Some Discounting

The Global Finance website reports that “Macmillan, the last of the major publishers still fighting the U.S. Justice Department over antitrust charges, says it has renegotiated its e-book deals with retailers to allow some discounting.

In an open letter posted on his book-publishing company’s website Wednesday afternoon, MacmillanChief Executive John Sargent said the firm is still committed to fighting the antitrust case brought by the Justice Department involving allegations that Macmillan and four other publishers plus Apple Inc. (AAPL) conspired to raise e-book prices.”

Digital Book World reports that “an Israeli company, Helicon, claims to be the first to develop an ebook reading app that fully supports the functionality offered in the EPUB3 ebook programming language.

Currently, no major bookseller’s reading experiences offer the same, according to the Book Industry Study Group’s EPUB3 support grid, which outlines which features each ebook reading app supports. Kobo, however, has announced that it intends to fully support EPUB3 by the third-quarter of 2013 and we hear rumblings that other booksellers may make similar announcements soon.

Why is this important? If all the major booksellers move to support EPUB3, that can open up the possibilities for more interesting and interactive enhanced ebooks while also simplifying and streamlining production processes. “So, will that happen? Not likely any time soon. Some of the biggest booksellers, Amazon and Apple, for instance, may want to continue to use proprietary file formats so that they can better control the kinds of content that appear in their ecosystems and their users’ ability to transfer that content out of the ecosystem and read it elsewhere.

 Authors Help Stanford Press Publish Young Scholars

Inside Higher ED reports that “Stanford University Press has started inviting authors to donate some or all of their royalties to a new fund with the goal of publishing more books by younger scholars. Alan Harvey, director of the press, said a few thousand dollars has been raised so far, and that more is likely — especially when authors of some of the most popular books join the program. The funds will be set aside so that when the press is considering its ability to publish promising work by a young scholar, there is extra money available.”

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