Monday News: Agency pricing redux; how we choose movies; Bad Sex in Fiction Awards shortlist; and self-auto-correcting
But after two years of agency-lite, or modified agency, that allowed limited discounting, we are getting back to Original Agency.
But Amazon doesn’t come away empty-handed. It clearly gained some additional margin, while it has put in place “specific financial incentives” for Hachette to price e-books cheaply. Amazon’s PR has been that lower e-book prices create greater revenue, and it is in its business interests to reward that. Similarly, those publishers operating under agency will need to demonstrate how higher e-book prices create a more diversified marketplace without disadvantaging authors or readers. –The Bookseller
Last year, 68% of Americans and Canadians—a jaw-dropping 228.7 million people—went to the movies. And 11% of them go at least once per month. How do they decide what to see? Google conducted a study with Millward Brown Digital to learn how moviegoers research and choose the films they watch. YouTube, which reaches more frequent moviegoers than any top cable network, is a commonly used source: Four out of five moviegoers who use video sites to research a film come to YouTube. –Think With Google
Announcing the nominees for the award, which will be given on 3 December, the magazine said: “The judges also considered Andrew Marr’s Head Of State, which started arrestingly – ‘they bucked like deer and squirmed like eels. And after that, vice-versa’ – but failed to sustain its early promise.
This year marks the 22nd annual award and the current holder is Manil Suri for The City of Devi. –The Independent