Last week I attended Digital Book World in New York. More than 1,300 industry professionals showed up, doubling last year’s attendance. It’s clear that digital represents the fastest growing segment of the book industry, but will it grow as fast as industry executives think?
Forrester Research presented a fascinating study, based on a survey of book publishing executives. One conclusion was that “by 2014, [publishing] executives predicted that half of units sold will be e-books, although it was not clear at what price e-books will be sold.”
Because I am the CEO of a book publishing company, I am regularly asked how I see the future of digital publishing. As Yogi Berra said, “It’s tough to make predictions, especially about the future.”
When Apple launched the iPad last spring, most everyone assumed it would kill the Kindle. After all, the iPad had a multi-touch screen, a crisp, color display, the ability to view books, photos, and movies, and run thousands of applications.
By some estimates, more than one million Amazon Kindles were given as gifts today. I got a new Amazon Kindle 3 a few months ago and love it. (I unbox it here, chronicle my experience after a month here, and compare it to other e-readers here.)
But now, what do you put on it? So many books, so little time. Seth Godin created a terrific little Squidoo page with his list of favorite books. I thought I would offer a “baker’s dozen” of my favorites here. These are in alphabetical order:
At least once or twice a week someone asks me, “So why do eBooks cost so much?” This is a fair question. After all, digital publishing eliminates the costs of physical manufacturing and distribution. What expenses do publishers have left?
Almost a month ago, I video-taped the unboxing of my new Amazon Kindle 3 and posted it here on my blog. I shared my initial impressions. However, after using it for almost a month, I wanted to share my thoughts here in a little more depth.
I should start by saying a few words about the iPad. I have pretty much set it aside. Why? Two reasons.
Because I am in the publishing industry, and because I have written extensively on the topic of digital publishing, I get asked several times a week, what e-reader I recommend. Frankly, I’m probably not the best person to ask. I experiment with all kinds of technology and am very fickle. I am always trying something new.
Yesterday, I received my Kindle 3. It was all I could do to keep from opening the box. However, I wanted to share the “unboxing experience” with you, so I waited until I got home so Gail, my wife, could video tape the whole thing. (I did the same thing with Kindle 2.)
This is now the third Kindle I have bought. You’d think Amazon would send these free (hint, hint) to major publishers, but they don’t. The good news is that my Kindle library migrates effortlessly from device to device. In fact, I can even read my Kindle books on my iPhone, my iPad, and my Mac.
Yesterday, he wrote a very provocative post on why he is “Moving On” from the traditional world of book publishing in order to connect directly with his readers. This has created a stir on the Internet.
For example, Mike Shatzkin said, “There’s only one Seth Godin, but there are other authors who might emulate him.” Tim Ferriss, author of The 4-Hour Work Week, also commented, as did the Wall Street Journal. Several of my readers have asked for my thoughts about Seth’s decision, so I thought I would respond here.
Over the past few months, I have been doing a lot of thinking about reading—particularly about reading books. This was brought to my attention again last week when I interviewed Dr. Ben Carson for a series of video broadcasts on the topic of leadership, which I did for the Chick-fil-A Leadercast.
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MICHELE CUSHATT is a communicator and storyteller whose speaking experience includes Women of Faith, Focus on the Family, and Compassion International. As emcee and communication coach, Michele is in her sixth year on staff at Dynamic Communicators International. She lives in Colorado with her husband Troy and three teenage sons. You can connect with Michele on her blog, Facebook, or Twitter.
BARRY HILL, JR. is a storyteller, blogger, speaker, barista, and is in his fifteenth year of full-time ministry to teens and their families. He lives in Northern Virginia with his wife, Rachel, and their six children—“the circus.” You can usually find Barry where fresh coffee and good ideas are brewing. To join in the conversation, drop by his blog, The Ordained Barista, visit him on Facebook, or follow him on Twitter.
JOE LALONDE is a husband, explorer, challenger, and an adrenaline junkie. He has served as a youth leader for E3 Ministries for over 10 years. He is usually found wandering the woods, enjoying the company of his wife, or running the trails. Joe enjoys helping others expand their influence and leadership skills. You can connect with Joe at his blog or Twitter.
RACHEL LANCE is originally from Alaska but now lives in a Chicago suburb with her husband and daughter. She works in technology and communications for the Willow Creek Association. She holds a degree in information management and is working on her Master’s in Library Science. Given the gift of time, top on her list would be a long bike ride, a great novel, and a farmer’s market dinner. Follow her on Twitter.
JIM MARTIN is the minister of Crestview Church of Christ in Waco, Texas, where he has served since 1994. He also leads a mentoring group, primarily composed of younger Christian leaders, and serves as a Mentoring Partner for MentorNetwork Ministry. He and his wife, Charlotte, have been married for 33 years. Read his blog, A Place for the God-Hungry, and follow him on Twitter.
TIM PETERS is the Co-Founder of Resolute Creative, a digital marketing group. He loves seeing organizations of all sizes come alive when they identify the best digital solutions to advance their cause. Tim enjoys working out, running marathons, playing golf and spending time with his wife and three kids. Connect with him on his blog, follow him Twitter or connect with him via LinkedIn.
JASON STAMBAUGH is a husband, father, former fat kid, accidental techie, and founder of Wevival and Shop My Church. Jason also blogs at Heart Your Church about church ministry in the social media era. When he’s not helping customers, or working on his latest project, you will find him hanging with his family, reading, learning to code, cooking, hobby farming, and exercising. Connect with him on Twitter and Google +.
JEREMY STATTON is an orthopedic surgeon in Louisville, KY. Although he enjoys writing, reading, and running, his first love is his wife and four kids. His family is currently in the process of adopting a son from China. He is also the author of Grace Is: A Practical Guide to God’s Love. He is an avid blogger at JeremyStatton.com focusing on helping others live a better story. Follow him on Twitter.
JOHN TILLER is an inspirational speaker and writer. He travels with his family to churches, conferences, and other events sharing their remarkable survival story. He enjoys real estate investing, serving at his home church, watching NFL and NASCAR, improving his 10K time, and hanging out with his family at their Powhatan, Virginia home. Connect with John via blog, Facebook, or Twitter.
JUSTIN WISE is the social strategist for Monk Development, builders of Ekklesia 360. A proud husband and dad, Justin and his family live in Des Moines, Iowa. When not running, reading, or cooking, find him blogging at JustinWise.net, online at Justin.am, or on Twitter.