"Small minority?" 48% is nearly half.Sorry but that’s a small minority.
"Small minority?" 48% is nearly half.Sorry but that’s a small minority.
I actually do see quite a few people reading physical books on the bus. Hell, I'm one of them. But I also see an equal amount reading E-Books, most are not who I would consider to be "senior" of anything.Living in the US and being a pretty regular bus rider, I haven't seen someone reading a physical book on one in ages.
The UK, as of July 2018, has a population of about 65.1 million. The US has about 330 million. So 48% in the UK works out to about 32.5 million —- 1/10th of the US’s population. Of course that’s probably more than the actual numbers. And for the US, you are doing around 80 million.Do you not understand numbers, or are you that desperate to be "right"? Of that $2 billion dollars that are spent annually on ebooks, roughly $900 million dollars of it comes from people younger than 44, based on the article you cited*.
Living in the US and being a pretty regular bus rider, I haven't seen someone reading a physical book on one in ages.
*Lets not forget that those numbers are based on UK trends. One nations trends generally don't speak for the entirety of the planet.
Aside from about $2 dollars (and that’s how much it costs to print, ship and market an individual physical book), an ebook costs just as much to produce as physical.How is it not worth it to put out an ebook edition? You do realize that it is likely very cheap to produce ebooks, since the data is already there, as are the servers. So, ideally, publishers should push both as to generate as much revenue as possible. No business throws away free money as the infrastructure already exists.
Suffice it to say, Ebooks are a money-losing part of the industry. According to the figures, besides physical print it would be more profitable to record the book and release an audiobook!
Did you read the CNBC article?
‘
While millennials are sometimes blamed for killing industries, it’s actually younger people who appear to be popularizing print. Sixty-three percent of physical book sales in the U.K. are to people under the age of 44, while 52% of e-book sales are to those over 45, according to Nielsen.
It’s a similar picture in the U.S., where 75% of people aged 18 to 29 claimed to have read a physical book in 2017, higher than the average of 67%, according to Pew Research.’
I have several tie-in comics where the license has changed hands and I still have access to them. The problem is that they are only parts of the series, and I can't get the rest of the series since the new licensor hasn't done there own release.I'm the same way with DVD/Blu-Ray. I'd rather have the hard copy. I've heard of cases there where licenses changed and the streaming format has gone away or changed hands for a particular movie/TV series. When you have the hard copy you don't have to worry about it. Just because Deep Space Nine went from Paramount to CBS does not mean now that CBS is going to come to my house and demand I surrender my old Paramount issued DS9 DVD sets and buy CBS produced sets for instance (I know it's not a great example since Paramount never streamed DS9 before CBS came on the scene--and since they are still under the same umbrella company it might not matter).
Not sure if that could happen with E-books or not....could an E-book potentially disappear from your device because of licensing or other issues? But it's not a problem if you have the physical copy.
But there are servers to maintain, websites to manage and upgrade, internet connections to any number of 3rd party websites. And if an ebook isn’t selling, it can easily be deleted.So it costs two dollars per unit for something that can sell for anything from five to thirty dollars per unit? I’m not seeing that as a losing mathematical proposition.
And there is no physical stock to store.
Unfortunately, these days there are some streaming services which are not releasing their original programming on physical media. With very few exceptions, nothing on Amazon Prime has been released on physical media, and Disney+ hasn't released any of its content on physical media, and at the moment there are no plans for any of their stuff to get a physical release.I'm the same way with DVD/Blu-Ray. I'd rather have the hard copy. I've heard of cases there where licenses changed and the streaming format has gone away or changed hands for a particular movie/TV series. When you have the hard copy you don't have to worry about it.
Unfortunately, these days there are some streaming services which are not releasing their original programming on physical media. With very few exceptions, nothing on Amazon Prime has been released on physical media, and Disney+ hasn't released any of its content on physical media, and at the moment there are no plans for any of their stuff to get a physical release.
I have several tie-in comics where the license has changed hands and I still have access to them. The problem is that they are only parts of the series, and I can't get the rest of the series since the new licensor hasn't done there own release.
Here’s how it was explained to me: publishers have NEW books they want to sell you. Old titles, they fear, cannibalize the sales of the new title that they’re trying to get into bestseller lists.
But also if it’s an old book from before 2000, it may not even be in electronic format...
I wondered that as well. The CNBC article doesn't actually say if these are just retail purchases.And how much of that is by choice? That age group includes a lot of college students, and professors often demand that students use physical books rather than eBooks.
I don't like the trade sized pBooks. They take much too much room on the bookshelf.I like the larger sized paper backs to read the larger sized print .I prefer physical books in my Star Trek book collection
For there to be no demand for ebooks, companies sure do keep releasing new e-readers for them...
https://goodereader.com/blog/electr...l-of-the-new-e-readers-to-be-released-in-2020
Even Sony is getting back in the game with a 13.3" e-reader.
You don't want to buy a Sony 13.3" Reader. It only handles PDF. Waste of money. If you want a 13.3" Reader, go for the Onyx Boox Max Lumi. It runs Android 10. Plus it does a lot more and handles more formats.Even Sony is getting back in the game with a 13.3" e-reader.
Aside from about $2 dollars (and that’s how much it costs to print, ship and market an individual physical book), an ebook costs just as much to produce as physical.
Maybe, however, considering that in 2020 80% of book sales are physical, it’s more likely that a publisher will discontinue an e-book version over a physical release. The fact of the matter is, the younger generations (Gen-Z & millennials) are the one’s ignoring the e-books and are buying the physical, while it’s only the seniors that are buying Ebooks. So even with the extra cost to ship physical, physical books still outsell digital, and if the publisher needs room on their servers, they could easily remove a digital edition that’s not earning its keep, and only keep the physical in print. Also with digital, pricing is sort of the same across the board thanks to the US VS APPLE case from 8 years ago. Physical can see more price fluctuation, which a lot of time result in lower prices than digital.
It’s interesting how in 2018, nearly $23 billion dollars in physical books were sold in the US, but Ebooks only sold just over $2 billion dollars. Ebooks accounted for less than 10% of all book sales in the US. So as I said, it’s more likely for a digital version to be removed than a physical version.
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