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The Reading World

Gathering knowledge: Esoteric e-book formatting thought problems apropos of something

Last week’s announcement that the IDPF (International Digital Publishing Forum) has opened its ePub maintenance process is tremendously important to the future of books and publishing, regardless of whether you believe books, the artifact made with ink and paper, or publishing, the process of assembling, producing and distributing books for a profit, have bright futures or are destined for the trash heap. Everyone concerned about books and e-books should be paying close attention to the evolution of ePub, because it represents the current best effort at an open standard for the display of text and other information across a variety of e-reader devices.

I’ve spent the past few days studying the existing ePub components to prepare some suggestions for the IDPF. ePub is made up of three components, the Open Publication Structure 2.0, Open Packaging Format 2.0, and Open Container Format 1.0, and is deeply related to related metadata and publishing standards initiatives such as the Dublin Core Metadata Element Set 1.1 and DAISY (Digital Accessible Information System) Consortium standards. The result is a series of postings to follow which will offer thought problems that explore the nature of thought, reading, authoring, references, citation and conversation.

Making books useful and accessible to all, including the visual and hearing disabled, is a complex technical undertaking. The ePub and related standards efforts are predicated on the existence of texts which must be delivered to readers, which is precisely the problem one would address if distribution were still the key challenge. Unfortunately, distribution is the easy part of publishing today. In the networked world, ideas arrive in bits and pieces instead of whole units between the covers of a book or in an article from the newspaper. Words are quoted or paraphrased and the enterprising reader can explore the sources to discover what credit to give the fragments of knowledge they find assembled by writers, bloggers, news aggregators and in short messages. Therefore, citable information and the ability to assess ideas in relation to events and previous expressed ideas—in short, whether a newly published adds to or merely repeats previously expressed ideas—are the new hallmarks of value.

In the print era, when moving books, magazines and newspapers around in a timely fashion created value, the reader couldn’t participate, unless

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Book and Reading News

Still waiting for the hockey stick: IDPF Q2 e-book numbers show growth accelerating

IDPF final Q2Following up on Monday’s analysis of the growth of sales in e-books, the IDPF has released final Q2 e-book sales figures, which totaled $37.6 million. It shows accelerated, not exponential growth. That makes the resolution of early problems with e-book publishing, such as providing customers assurance their e-book files will be readable across devices over time all the more important, because any backlash now will cut off growth. It will be interesting to see if the Amazon 1984 event will stunt growth in sales.

Growth year-over-year reached 224.14 percent in Q2, slightly above the estimate provided here. More encouraging is the quarter-to-quarter growth of 45.75 percent, which is only a slight decline compared to Q1 growth of 53.57 percent. In previous years, the second quarter’s growth has fallen off more steeply from Q2, so the numbers suggest that growth is established based on the wider adoption of devices.

Nevertheless, the e-book market growth remains well below the exponential increases everyone would like to see. It’s a delicate time for this market.

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Book and Reading News

Have e-book sales gone exponential?

Trade Stats_09_03The trend line for e-book sales has hit an inflection point, a glance at the IDPF graphic (right) and other data at the IDPF site suggests. The graph represents wholesale e-book revenue by quarter and, as you can see, Q1 sales leaped substantially beyond earlier quarters. Bookselling has always been extremely seasonal, with most revenue falling in the last half of the year, so the rest of the year may, if the increase continues, represent the beginning of a steep rise in revenue for e-books.

A certain perspective is needed with these numbers, however. They represent “wholesale” sales, rather than retail sales. For example, if you add up the 2008 sales by quarter provided here ($53.5 million) and compare them against the annual sales reported by the Association of American Publishers, which were $113 million in 2008, these figures only represent 47 percent of the total revenue from e-books reported. Moreover, they are slightly counter-cyclical, with later quarters in the year growing less than Q1 and Q2. In fact, these numbers are only U.S. e-book revenues for a small sample of “wholesale channels.”

I think, because of the absence of inventories with e-books, that a different word than “wholesale” is needed. It’s a small but useful sample that can be helpful in understanding sales.

In any case, the question still remains, does Q1 2009 represent an inflection point at which sales will increase on an exponential curve, the