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Pearson buys a small stake in Nook Media, wants a fast track for digital education

Jon Fingas — Fri, 28 Dec 2012 18:58:00 -0500

Publishers often want to work closely with e-book outlets -- possibly a little too closely -- but it's rare that they involve themselves directly. Pearson is taking that uncommon step by making a 5 percent, $89.5 million investment in Nook Media, the joint venture between Barnes & Noble and Microsoft. Some of the reasoning won't be made public until Barnes & Noble provides holiday sales results on January 3rd, but Pearson is clear that it's furthering its online education plans: it wants Nook Media's distribution skills to make a "seamless and effective experience for students." Just when we'll see this harmony is still up in the air, though. Nook Media has yet to outline what Microsoft's partnership means for e-books and e-readers, let alone how Pearson factors in. We're not expecting a sea change until companies start speaking up.

Filed under: Microsoft

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Source: PaidContent

Penguin and Random House merge, promise a brave new e-book future

Jon Fingas — Mon, 29 Oct 2012 10:15:00 -0400

The pressure of digital transitions can lead traditional media companies to circle the wagons -- for better or for worse -- and book publishers certainly aren't immune as e-books take hold. Bertelsmann and Pearson are worried enough to be merging their respective Random House and Penguin publishing wings into a joint venture, not-so-creatively titled Penguin Random House, that they hope will better survive "long-term trends" like the shift away from paper-centric business models. While the two are engaged in the usual corporatespeak of creating "synergies" (read: resource cuts), we're more interested in talk of the union being a springboard for digital efforts: Penguin Random House wants to be "more adventurous" with e-book models like self-publishing. Whether the merger leads to a renaissance for established publishers or just reduced competition when the deal closes in the back half of 2013, we're bracing ourselves for the possibility of a Fifty Shades of Jamie Oliver crossover.

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Source: The Guardian

Google Wallet reaches the web, reminds most of us that it exists

Jon Fingas — Thu, 04 Oct 2012 07:43:00 -0400

Unless you happen to be using the right phone on the right carrier, you might not know that Google Wallet is even a reality: the close association with NFC-based mobile payments on one network has largely kept it out of the public eye. Many more are about to see Wallet in action now that Google has quietly introduced it to the web. No, you won't tap your phone against your computer screen; the web version is mostly targeted at microtransactions and gives readers more than a few ways to buy without getting burned, such as long and blurred-out previews, a narrow price range between 25 to 99 cents and an Instant Refund option that gives no-questions-asked credit within half an hour. Only Oxford University Press as well as Pearson's DK and Peachpit publishing wings are known to be testing Wallet at this stage, but Google is already soliciting new partners for the e-commerce service before the customary blog post is active -- a sign that Mountain View is eager to get Wallet on the web rolling a little faster than its slow-moving mobile counterpart.

Filed under: Internet, Google

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Via: 9to5Google

Source: Google

Justice Department formally charges Apple, big five publishers in e-book price fixing case (update)

Daniel Cooper — Wed, 11 Apr 2012 10:10:00 -0400

The Justice Department has formally decided to sue Apple, Hachette, HarperCollins, Macmillan, Penguin and Simon & Schuster over alleged e-book price-rigging. Apple and Macmillan have already denied any wrongdoing, saying that the agreements were enhancing competition in an industry previously dominated by Amazon. The case centers around a deal to switch to agency pricing, where the vendor takes a 30 percent cut of each sale rather than the wholesale model which allows stores to sell books at rock-bottom prices. It was previously believed that the publishers had cut back-room deals with the Government agency after bowing to pressure to withdraw Cupertino's "favored nation" status. If successful, the DoJ will allow Amazon and Barnes and Noble amongst others to return to the wholesale model to sell best-sellers at a loss, something that the big five are desperate to avoid, and will look to fight the battle in court.

Update: The PDF of the DoJ's filing is now available online -- it makes for fascinating reading.

Update 2: Bloomberg is now reporting that Simon & Schuster, Lagardère SCA's Hachette Book Group and HarperCollins have settled with the DoJ over unspecified terms. Hasty!

Filed under: Tablets

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Source: Bloomberg, Department of Justice filing (PDF)

Financial Times web app debuts for iOS, more tablets to come (video)

Amar Toor — Wed, 08 Jun 2011 02:35:00 -0400

It's not often that we get the opportunity to mention the Financial Times and Playboy Magazine in the same sentence, but the two publications do have at least one thing in common: App Store aversion. Today, the FT launched a new, entirely web-based app, designed to circumvent iTunes (and Apple's 30 percent revenue cut) altogether. The paper says its single, cross-platform app will allow it to issue updates with more frequency, while reaching an audience that extends far beyond the iOS realm. Though the subscription service is only available for iPhone and iPad users at the moment, versions catered for Galaxy Tab, Xoom and PlayBook users are coming soon. Perhaps more important, however, is what this move could mean for other publishers -- many of whom haven't taken too kindly to Apple's subscription revenue and data-sharing practices. FT managing editor Rob Grimshaw says his paper has "no plans to pull out of any apps store," but if the system proves viable, it could open the door for others to pursue their own, similarly HTML5-based ventures, in the hopes of retaining full revenues and access to subscriber information. We'll have to wait and see whether this iTunes exodus ever materializes, but in the meantime, iOS users can hit the source link to enjoy the new app, available for free until July 14th. Others, meanwhile, can head past the break to see a demo video, narrated in appropriately dulcet, British tones.

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NPG, CSU partner for $49 dynamic digital textbooks

Joe Pollicino — Tue, 24 May 2011 09:00:00 -0400

The worst part of being a college student? Pricey learning materials... they make even Ramen noodles a fancy meal. This fall, students at California State University will be at least be able to make a step up to fast food. CSU has announced a three-year deal with Nature Publishing Group for low-cost, interactive, web-based textbooks with access options for disabled students. The first to be offered is an introductory biology text, fittingly titled Principles of Biology. Students on the L.A., Northridge, and Chico campuses will each have varying payment and licensing models, but 49 bucks gets anyone a full edition starting September 1st. Professors can edit the content, which includes 175 "interactive lessons," access to a database of research papers, and assessments for students. It can all be used on any device from a slate to a computer and even printed if you prefer scribing your notes with pen and paper or won't be near an internet connection. Details are dry about future books using the system, but it looks like a promising break for college students. Still, before you get ready to ditch your books and backpack for more money and less backaches, we'd suggest skimming the press release after the break.

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Inkling signs with major publishers to bring 100 textbooks to iPad by 2012, no actual ink

Tim Stevens — Thu, 24 Mar 2011 04:54:00 -0400

Inkling is a pretty cute name for a product, you have to admit, but by the end of the year it could be pretty serious business. It's a company that specializes on publishing textbooks on the iPad, devices that are rapidly killing the poor paper industry. As of now the company's products are few, but two major publishers, Pearson and McGraw-Hill, have signed on to support the service, a deal that will see Inkling's product catalog swell by several orders of magnitude. Up to 100 books are expected to be there by the end of the year and, while that's nothing compared to the massive variety of volumes that swell students' backpacks and diminish their drinking funds at the beginning of every semester, it is a solid start. Best of all, Inkling's current texts cost 35 percent less than their printed doppelgangers, meaning there's hope for cheaper e-books after all.

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Major textbook pubs partner with ScrollMotion for iPad development

Ross Miller — Tue, 02 Feb 2010 20:22:00 -0500

Putting traditional print publication on an iPhone screen is old hat for ScrollMotion, and now it's taking that know-how to a larger screen. The Wall Street Journal is reporting that Kaplan, Pearson Education, Houghton Mifflin Harcourt K-12, and the educational sector of McGraw-Hill have all made deals with the company to develop textbook apps and test-prep / study guide apps for the Apple iPad. No other details are given and we unfortunately lack any timeline. It certainly makes the machine more classroom-viable, but we'll hold judgment until we see what actually comes of this partnership -- your move, Kindle.

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