The Princeton Press announced this week that it would be offering hundreds of its textbooks via Amazon’s
Kindle
electronic book reader for students who’d rather buy electronic books
than carry around the big printed versions. Yale University Press and
Oxford University Press already have a similar presence for students.
The University of California Press recently had about 40 of its volumes
placed on Kindle and is ramping up.
According to an article in Inside Higher Ed, image-heavy textbooks aren’t conducive to the Kindle, but everything else is moving in that direction.
The university presses participating in Kindle were
reluctant to describe the specific financial arrangements they have
with Amazon (which also declined to discuss them), but said that they
were revenue-sharing deals, and that preparing the books for release on
Kindle was not particularly burdensome or expensive.
But here’s the mystery: the Kindle editions don’t come much cheaper
than the always expensive standard college texts. Most of the
electronic offerings run just a few bucks less than their printed
counterparts.
This is yet another example of a traditional form of media trying to
hang onto a revenue stream that cannot be justified by the technology
that provides it in a different format. The cost of making a printed
book is significant. It costs pennies (if anything) to duplicate a
digital file, but the textbook industry is enormous (and authors of
textbooks can make a pretty penny). It won’t separate itself from all
that money easily.
But this is exactly the kind of scenario that produces disruptions, and it should be fun to watch.