Word: macmillan
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...iPad started it. When Apple introduced its new tablet device on Jan. 27, it also announced an iBook store where publishers could set their own prices for e-books. Publisher Macmillan responded by demanding that online retailer Amazon sell Macmillan e-books for as much as $14.99, up from $9.99. Amazon did not agree with that idea. The website removed "buy" buttons from e-texts published by Macmillan, angering authors and customers. Some prospective buyers, however, sided with Amazon, vowing that they would not pay more for Macmillan e-books. The freeze began to thaw Jan. 31, when Amazon started...
...iPad threat is a dispute over e-book pricing. Apple signed deals that allow publishers to set the prices in Apple's iBooks store, and new e-book best sellers are expected to be priced at $12.99 to $14.99 - which is considerably higher than Amazon's $9.99 price. Publisher Macmillan is already pressuring Amazon to offer similar pricing. It demanded the right to set prices on Amazon, causing an angry Amazon to pull all of Macmillan's books from its site. However, two days later, amid a firestorm of debate, Amazon indicated that it would agree to Macmillan's demand...
...their work in 30 to 45 minute episodes - free of charge. They aggressively marketed their work with the help of word-of-mouth and cross-author promotion. Over time, tens of thousands of listeners downloaded podcasts of Hutchins' 7th Son. By 2007, St. Martin's Press, a division of MacMillan, was intrigued enough by his success and soon Hutchins scored a book deal. He has just co-authored a book in a new series called Personal Effects, scheduled for a summertime release; and St. Martin's will publish 7th Son in book form as well this year...
...seems a ripe time for novel podcasting to grow. Traditional book publishers are struggling. Book sales are down; MacMillan has laid off employees, as have Random House and Simon & Schuster; and Houghton Mifflin Harcourt has suspended the purchase of most new manuscripts. With advance money drying up as well as contracts, Terra says that aspiring writers now feel that "maybe I should try something on my own" and build an audience online...
Fast-forward to the early 21st century: the publishing industry is in distress. Publishing houses--among them Simon & Schuster, Macmillan, HarperCollins, Doubleday and Houghton Mifflin Harcourt--are laying off staff left and right. Random House is in the midst of a drastic reorganization. Salaries are frozen across the industry. Whispers of bankruptcy are fluttering around Borders; Barnes & Noble just cut 100 jobs at its headquarters, a measure unprecedented in the company's history. Publishers Weekly (PW) predicts that 2009 will be "the worst year for publishing in decades...