Penguin and the iPad
Strong, no-nonsense language from Penguin’s CEO John Makinson:
The iPad represents the first real opportunity to create a paid distribution model that will be attractive to consumers.We will be embedding audio, video and streaming in to everything we do.The definition of the book itself is up for grabs.Asked how he felt about Apple’s 30-percent cut:
This is better than the equivalent print agency model, in which publishers let retailers keep 50 percent.
Source: mrgan
Copyright Time Bomb Set to Disrupt Music, Publishing Industries
The late ’70s, when punk exploded and disco imploded, were tumultuous years for the music industry. A time bomb embedded in legislation from that era, the U.S. Copyright Act of 1976, could bring another round of tumult to the business, due to provisions that allow authors or their heirs to terminate copyright grants — or at the very least renegotiate much sweeter deals by threatening to do so.
…
“The termination that’s going to be coming up is going to be a big problem for the record companies and publishers,” said attorney Greg Eveline of Eveline Davis & Phillips Entertainment Law.
“It’s written into the statute,” said entertainment lawyer Robert Bernstein. “It’s just a matter of time.”
(via infoneernet)
Source: Wired
Scenes from the recession — Unused newspaper racks clutter a storage yard in San Francisco
Source: Boston.com
The Internet gives readers what they want; newspapers give them what they need.
Source: salon.com
