What else is there?
E-books still haven't grabbed America's attention. They say "hi," but seemed to be ignored by all those readers who like their old fashioned, dusty, hardcover. So, what else is going in the online publishing industry that can reach out across partisan print addicts and garner their attention? Well, companies are taking different routes and their new emphasis is targeting us, college students. Generation Y or Why. The Millennials The Channel Changers. Blah. Blah. Find yourself a name and stamp it on us.
Firms are building digital collections of books called e-libraries. E-libraries are primarily collecting academic texts that readers can search and view via the Web on any PC. They are aiming at the 15 million college students who are cramming for tests or researching term papers.
The current market for e-library services already totals about $250 million per year. It predicts that will more than triple by 2004 to more than $850 million per year.E-books on the other hand, are expected to generate just $70 million in revenue this year, a tiny drop in the estimated overall $70 billion book publishing market.
Here are three sites that compete with one another for our pleasure and lack of funds. Questia is aiming squarely at the college student market with its 50,000-strong book collection. Instead of a pay-per-download model, Questia.com is charging a monthly subscription of $20 for unlimited online reading and download access.
Another company, NetLibrary, is selling digital versions of books not to students but to libraries themselves. The library then makes the book available for ``check out'' to its users on the Web.
Encyclopedia Britannica, which has had its entire encyclopedia database available on the Internet since 1994 and makes between $20 million to $25 million a year selling subscriptions to schools has already had to slash subscription prices several times and has laid off employees twice in the past six months. It's a tough market, but one in that we as students can take pleasure in. Soon, you can say farewell to those heavy textbooks. Just imagine how much our backs will love it.
My Conclusions and Sneak Peak
The young man at a late hour begins to feel tired. More than 80 years ago the two individuals picture here fell in love. F. Scott Fitzgerald and Zelda Sayre were the most famous and tragic literary couple of the 20th century. Taking inspiration from their romance, my novel, titled "The Raja and Rani," will seek to capture their story, but on a whole new level. I'm beginning to resemble a Star Wars scroll. A long time ago, in a galaxy far, far away... Stop.
For the last three years, ever since I graduated high school, the majority of my free time has been spent contemplating this book. Countless false starts. Now, I'm in the motions and ready to embark on one hell of a crazy ride. Shut up about writing the book. Tell us about it. Okay. Book is about a young couple that resembles Scott and Zelda, but takes place in the late 90's instead of the 1920's.
The two main characters Anand Gandhi and Audrey Sayre are two 17-year olds who fall in love during their senior year. It sounds like a 90210, Popular, Saved by the Bell episode in book form. I wish. The story I am writing is an ambitious attempt at capturing my generation in its infancy. Set against a fictionalized little city of Mandarin Bay, the story is shown through eyes Shiven Patel, the Indian Nick Carraway.
It was my intention to give you a little taste of the book, but it's late and I'm not feeling particularly generous. Next time. I promise.
Okay here is the first sentence.
"Anand was short. He hated it."
That's it folks. You'll have to await the e-book, hardcover, and paperback. I'm tired and I want to enter dreamland. Natalie Portman is awaiting me.