Wait, it’s Friday already?
Universal-EMI Merger Could Yield New Mega-Label To Threaten The Future Of Music – Did the internet ruin record labels? I mean, Napster, Pandora, the decline of the CD and the rise of the low priced single heralded the end of labels, right? Apparently not. The four largest record labels currently control about 90 percent of the music market and FTC is considering whether to agree to a merger between Universal and EMI which would place control over 40% of the music market in the hands of one business. Huffington Post
Wal-Mart says it will no longer be selling Amazon’s Kindle – First it was Target and now it is Wal-Mart who is refusing to carry any Kindles for Amazon. In store displays are a fairly important part of buying an electronic as can be seen by Apple’s success and Microsoft following with its stores. B&N has an edge. Will this push Amazon into some sort of physical retailing? My guess is no. Instead, Amazon will ramp up its same day delivery services so that people can buy and return on the same day with no hassle. That sort of business seems more in line with their philosophies.
In the memo, Wal-Mart said the decision was consistent with its overall merchandising strategy. While Wal-Mart dwarfs other retailers in overall sales, it trails Amazon and others online and has been stepping up efforts to increase its presence there. Consumers who buy Kindle tablets such as the new Kindle Fire HD can shop on the devices for more than just digital books, pushing Amazon into further competition with stores. NBC
BBC News – ‘Wife of Jesus’ reference in Coptic 4th Century script – Oh the fiction that this find will fuel. A papyrus in a private collection which experts are deeming to be authentic has references to Jesus’ wife (presumed to be the reformed prostitute Mary Magdelene) but also that MM was worthy of being a disciple. BBC News
Ebook price war sees discounts reach 97% – Authors are worried that extreme discounting may lead to public perceptions that books should only be a certain price. This news follows the last weeks’ reports that ebook prices were rising after the fall of agency pricing. I wasn’t aware that Sony was discounting heavily as well.
Sony responded: Peter Shea, general manager for Sony Digital Reading Services, said the retailer recognised “that there is a concern about a perceived devaluation of ebooks”, and that it chose the price point of 20p for some titles “as we see this as such a significant discount off list price that consumers can appreciate it is not the ‘new price of ebooks’.” Guardian
All Romance eBook Survey – All Romance eBooks is running a survey on readers and digital books. The ladies who run ARE give speeches and talks at digital publishing conferences all over the world so this is important for us to participate in.