tv Book TV CSPAN June 30, 2012 3:15pm-3:45pm EDT
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ecndns sureg. >> for more information on this and other summer reading lists visit booktv.org. >> from bookexpo america, the publishing industry's annual adehobo sth ra maws dtoor is marketplace about recent publishing news. this is about 25 minutes. >> host: well, from time ttime on booktv we like to invite sara weinman who ishe new ctfblrs etetoian up oe ness of books. sara weinman, thank you again for coming on. we appreciate i. guest: it's always a pleasure peter, thank you. >> host: if we could, start with the google settleme and where do we stand with that, what are thssar >>stththst oothurtu gooose is that we're going right back where we started from about seven years ago. so judge denny chen recently agreed that theuthors guild who are one t plaiif d stng iki astiui nohas en everything was going along for several years and judge chen had actually left. he got promoted to the appeals
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court. but is was one of his last outsnding cases and he decithheoral ttnt noo w ndry h ta ohey had to refile the suit. the aap decided to file it in a different way from the authors' guild. there were rumors that there were going to be separate selements. soow thatheut' g tag,t'esia keep chugging along and it's possible they may be moving towards a trial date of september, but we just don't know so developments are slow ju as theyernyea a >> host: will the consumers get better access to books cheaper access to books? >> guest: it's hard to say usatas@ aapd isoohabele mes a player than it was in 2005. at the time publishers and authors feared all this massive book scanning was going to lead to further price. but in 2005, that was two years bere amazon everreleed ki de,w, urthsulein cearnes & noble came in
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with the nook, their competitors from apple with the ipad, sony, so the e-book space is just a farmoreit's far more va aar@or iled thtveas in the meantime what google has done is they were partnering with independent booksellers for them to sell e-books through the bookseller's site. buw ogleett at he rankss golat became more books, movies film everything from an entertainment standpoint. so because the entire landscape has changed, legally even if judge chen dides that there will be ari o t wbe ain may not matter in the same way that it did years ago. >> host: sara weinman, is there a fear among publishers that consumers will starto consider s he t muorov in w lot of people get their muc and movies free. >> guest: it's interesting you bring that up, peter, because one of the big developments that
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has been hapning in the past few weeks is that a number o is, l hs, eexmeg shi ed erm3. now, to backtrack a little bit, when e-books are produced and sold through retailers, they want to make sure that you can't pirate a book veryasil thtatyof cond ser what's known as digital rights management so it makes digital files in this case, e-bks very difficult if not impossible to copy. so what the downsides, s yost wto trer eoktyo ley f ode to another that are not compatible. suddenly you can't do it, and that makes it much more difficult for the consumer who are, like, i bought this book. i wa to bladt@ o y cen, ot lotoau ohe dital rights management restrictions. so what a number of publishers have done including mcmillan-owned -- [inaudible] science fiction and fantasy, they recently announced that as ofibee,y ll t b-. sousrsl able to buy
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books and do whatever they like with them. >> host: once you buy it once -- >> guest: yes. buy once read everywhere, i believe, to quoterom amazon's etg sl. t ueenth sellatuber riin w so just yesterday a smaller distribution arm, ipg announced that publishers that they work with will also make their e-books available erm-free. so ttoneis til is d fache feel that erm is not necessarily the answer in terms of tackling piracy, that it's more important to create awareness as to why people should be buying boks ll i'ive xa , it c ie j rowling's tatter more which is another big development. j.k. rolling with the -- rowling with the harry potter bks nesoheoo w lis. e ysg th and what she did last year, she launched a multimedia platform which is essentially creating a much larger world around the
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book. the other thing ishattatt i t esi ril forrot e-books. and customers can go to potter more or your favorite e-tailer like amazon.com and they'll redirect to potter more, omcatbo ssal biter d o whatever device they choose. >> host: so this appears to be becoming a trend industry wide? >> guest: that is hd to see. eryby's inon ebo te w af cy spd, expect we will see more. but it may not be a blanket thing like i can't say yes, mcmillan will suddenly make all their booksrme, cathfare panaaneybe reg taok early that's a very good test imprint. but will we see it for say, nonfiction or lit rairg fiction that's -- literary fiction that's too soon to ll. oshekgd he rt o jceplnd e enta. g: myat m field. so this has been in the works
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for a few months. the department of justice had been making noisesthat they might be looking into it and are ing intouisheffic oni rrd in a l fa it had started with a civil suit from seattle where a number of customers claimed that because puishers had in tory uneroet-- clg om house -- to form what's nonas the agency -- agency model. and many continu to be sold under wholesale model to kind of conflate a ole bunch cic thton whhency model means is that the publisher sets the price, and the retailer cannot change that. whereas under the wholesale model, the publisher may suggest a pric but the retaileran scnt hever ile. solisar t es darsse icgat an was doing and amazon at the time in 2009, early 2010 was the dominant book retailer. once the agency model was
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implemented and apple with the ipadpsthba &ob jdboth reer m rd agency model. and as i mentioned earlier in our talk, we now have a much more and varied digital book space, many more retailers. that, actually s the publishers' argument. t irie ar jceci e thidee. tsuthose five big publishers -- excluding random house because they did not implement the agency model for another year. so the irony is that by waitin ey'rnot lvga a ahenep cyel tein tepen of justice -- a number of states also sued. but at the same time that they announced this lawsuit they also announced that harpercollins had ttlen mohu od sle pafeeme h,n theory was going into effect later this summer if it's approve inside court they cannot use the agency model for at least o years or under mofied m. vengdil ditse ey being sued. and as a result since then the judge who's presiding over both
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the department of justice and also this class action suit she had said in a filing that she was goito --h nty, iat ast [inaudible] and unless they made a very, very good case in court it doesn't really all that good for them right now. but as to where it stands, for the moment nhing is going ppntheartof jue abe lrs fr tu. so those are happening under a number of prominent people like agents and industry insiders and book publishers and also rders on both side of the issue have wghin i thveile5 su lrs t and i believe that by july 27th the judge is going to hear as to whether one settlement had standing and, two, how to proceed with all of the suits. so is omati . h higde ? >> guest: it is a huge deal because, essentially, what these groups are alleging is that publishers colluded. and as i indicated publiing is also a very soci business. so it's making things att
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he ers neatn nc conference here which featured a number of publishing executives, and the moderator right away said we cannot talk about e-book pricing or the county of stic depen st th aanlln j thavenin t rounds on the internet, but in effect i think publishers are really fearful that if the agency model goes away, that amazon will, essentially, run along and dictate ev further. and the reason thistris rtfestt't statzota eyal publisher. if you go on the show floor here, amazon has a big booth for amazon publishing imprint. they're giving away a lot of galleys. they have a sense of citent around them, and it's not that the g puhen' itis a en ae ishing's biggest trade show in america. >> host: and, sarah weinman you talked about the publishers who settled with doj. are they the outliers, are they looked down upon by the rest of the dust bec t sed? ueitar s tharryidea a to why these three publishers have settled, largely to do with
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the expense of litigating. publishers may be beholden t their shareholders and to lger coorataim,utey't timne rrc thne enll d io oll litigating a case that will likely go on for years. in fact this may make the google book settlement in terms of time and money look like child's play. >> ht: sahei, e lk sallis re a bookexpo america, the industry's convention, and we've talked about e-books and where they fit when it comes to the revenues. overall, what percentage of reve fblrs om okgh n >>st ye in adblng houses and i'll colloquially use the term the big six and other larger and mid-sizepublishing houses e-books are a huge and growing revenue stream so, for emple, when theaap as nrsor far stti i bve boal february were about 92.5 million that they tracked, and that made up about 26% of overall trade sales. a number of the largest publishers are reporting well in excess of0%of ollr
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s qertear ebelat ddi on how things are doing. there are also books that, i think, add an artificial bump, for example suzanne collins' "the hunger games." beuse ose oks ll omlyl e e rty n' h-- but scholastic had to issue a separate press release to say, oh no, our guidance is going to be even better because we had greater than anticipated sales of these threeo anruber i ctoo veveela house. why? because of the 50 shades of grade trilogy. when they picked up the self-published erotica trilogy in march and they first publisheit in e-book and now in print io tme osokryor brh vi eti named e.l. james -- that's a pseudonym -- they had sold about 250,000 copies jus in on demand form to a tiny publishing house called thewrit cee. thh o esalre gng growing. but here's where the power of a large publisher kicks in. so vintage partf random
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house, gets all the rights to print ek,io or icd, bveek. as well. they get the rights, and what has happened? in the first six weeks on sale theook sold ten million copies. it's unheard of. >> host: ten million? guest: ten mli >>t:in >>st. o we- a innt thinlee ughe roof. if you look at all the bestseller lists the top three, 50 shades of gray, they are just a phenomenon like a da vinci code level. and, of co din co- tean n s a random house book through doubleday. so every timeknop now that the the b a ihe vithar i o i won't say gone by the wayside, but they're not talked about and they're selling briskly but not phenomelly. and now they have the 50 shades of gray trilogy, and i truly believe tatlahe . >>t:l,vee tag t s bi
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er wod you describe the overall health of the publishing industry? >> guest: by and large, all right. i think based on the numbers because you have outliers like "the hunger games" and the 50 shri ies s ad e lof s rty excitement. i mean, for example, just being here this year i definitely sense that there's an added level of excitement. there are lines, there were lines out the door, the flo was much more crded than i reme ibeinthest t rear anthit recd rgbee g at i said earlier, e-book sales keep climbing. so if e-book sales make up say, 20 25% of overall trade sales and they still seem to be growing maybe not be as fast as eye20 b tre stgrg@rl f puheav t excited about even as they also have a lot of trepidation thanks to our friends in washington. >> host: publishers learned a t from what the music industry did when it came to plish ne cct ueohsoly w,t t ey iln't have a lot to learn but i think it's also importt to remember even with the health
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issues of the music industry and how they deal wh piracy that a t of opleiluy pca s. ey b t wds yone, b it isn't if digital is 100% yet. i think what publishers are seeing and what we're going to see isisy bes esut we'tw e ta erll could they go higher? does it depend on which category we're looking at? is it different for genre fiction as opposed to literar fiction as opposed to nonfiction? that i can detesayis s. cawhea wto@ oeievbe dienant read in print. so i think the keyword is "hybrid," and i think we'll be aring a lot more about how publishers look to whether they should publish book in e-bk first, shoultheybrinut inhavendn b paacewmo o a yero so perhaps there'll be even more experiments in terms of timing and form than we'll see right now. >> host: sarah weinman, when it comes to amazon, does amazon change the pshwo y? g: lu. nengre is this
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beheth retailer that has an amazing ability to market directly to its customers. they always keep the customer in mindfit. wherre pemit if ke ce bks ths obwi the e-books or something didn't get shipped right, they answer their customers' needs right away. but it's also because they've been moving more aggressively into publishing. for example, one of the big publishing news tof an whhequhe dilgh-nd i also believe the print rights -- to ian fleming's james bond novels. and i believe those will be released in the next few weeks. so averageally penguin had a n- lsed c -giyen ha ten-year license. and they wanted to try something a little different in north america, and they went to amazon where, presumably they felt they gothe best deal. so it'll be interesting to see howes iicoohve cohesifo te clcmovies wl they be revived? will amazon find a way to market them in new, different and potentially more exciting ways?
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so that's just one example. another thing i think people are in bpa vcl atio iwhzo ofal lheheew york-based publiing irint this fall. there are, i belie galleys of some of the books available at the show this very week. but the book will not be published until this fall. and amon worked out a very testinarrangemen thboil b uz is nor t prdi are going to be released through harcourt which set up a dedicated imprint called new harvest. so essentially independent okstores or brick and morta reer ty s ce ulrd ption. but what has happened is, for example, barnes & noble, they've come out for the time being -- and i don't believe there's been any change to this yet -- for the time being they've said they will n sock mas puhiitbee lo ahe hny direct way of selling the e-book there's no point for them, they feel, in selling the print editions in their brick and mortar stores. so it just makes thing inteing. ieoo mioic is sarri a moto they also are
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declining to stock many if not all of amazon's publishing titles. so because these titles may not have the same access to physical retaileras their countrt saheixll fee itbeynttito see. >> host: what about the edition of sara nelson as the editorial director at amazon. was that a coup? >> thawas very ver instlay ust@ ma uart r is l l'l primarily working on the web site side in terms of revitalizing their online patience, their blog which is deted to books, perhaps changing theay ttma orico sofas c tsh norened with the book publishing arm but from what i can gather the entire -- they hired sara nelson to be sara nelson. so her priest job was -- ioob wit ga osndli weekly. >> guest: yes, before that s was editor-in-chief at publishers weekly. so she's always been a champion of books and a great insider and
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one who really has her pulse on what people ar rein sot,elhy am bht se ul w t gt reading -- be that great reading advocate. it's also intesting she left o magazine behind is, of course, because another bi piece of news is how oprfras vihe cl sosfe f tay utoe. thoklub was shut down in 2010 when she moved away from broadcast sipped case to her own network -- syndication to her own network. but she broughtt back with e moirilwhisoo thopbldn march about when she walked the pacific coast trail, all 1100 miles of it,ll by hearse. it's a -- all by herself. i couldn't put it down. ial w o usicthinat wthokhavi r club. so what she's doing is that there's not necessarily going to be a dedicated tv segment like there was in the past, but it'll tie in much more closely with the magazine tere'll be twitteran facebook sconhel m , vi one on solo of people in publishing are also watching and waiting to
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see, well, will the book club wo just as well as this one? will there be a dip? will peoe pay as much attention? sot's heiner wng sg t su. osndnara weinman, what do nonfiction books add to publishers' bottom lines? do they sell nearly as well as some of these novels that you've been talking about? >>uest: it depends werd,na hr "imagine," which was about creativity, that's been going really well. largely, i think helped when barnes & noble made it its recommend pick. and certainly coming up maybe not so much thisumm, bu rty ftbe tein sow icon does that's election-related. so i think if nonfiction books do very well, they'll have some political or some geohistory-related eleme t metito ti foxe,uleul berpd he slightest if david maraniss' barack obama biography does phenomenally well largely because there have been all these manipulates of what's
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to -- these hints of what's t con it f aer zi pe aereri t whe'ug an it's a very big book. so that's the first book that comes to my mind but i know there are a number of other political bookthat should be dropping very soon. >> host: and we have been talking with sara weinman, news reor olrs rkac ouenst llg isse bit publishersmarketplace.com. >> guest: that's right. >> host: and if yowant to follow sarah on twitter, she's a constant twitterer as sarahw rr g: tsre troep ierpl so i was fortunate to have as few characters as possible so i could have 134 characters left to say what i needed to say. >> host: thanks for being on booktv. >> guest: thk you so much, peter. pleasure as always. >> ytcte oos nt t yoitombopo america, the publishing industry's annual trade show. for more information visit bookexpo america.com. recently book keour twitte flowe ey pld adth sr. rere oir ts.
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also visit booktv.org. botv, 48 hours of nonfiction authors and books every weekend on c-span2. >> ne weekend heado e atpi n inof om jrsh tv drin hry tv in jefferson city missouri. saturday at noon eastern literary life with booktv on c-span former senator and missouri first lady jean carnahan on milyife sidee gooranom bo " oalk." also a provions li from ancient mesopotamia to the universi ofissouri's special collections, the stories behind eight miniature babylonian clay tabls. and nd at astn amanto-- aee, 1 ts llhe bloodiest 47 acres in america. >> a former warden takes you through the historic missouri state penitentiary. also walkack through history in the halls of the missouri stat capitol and governor's mansion. on m cn' l enhi ere t stanirye cies across america. next weekend fro jefferson city saturday at noon and sunday at 5
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